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Journal of Computer Networks and Communications
Volume 2016, Article ID 1579460, 11 pages
Research Article

Creating Values out of Internet of Things: An Industrial Perspective

Department of Computer Applications, Sikkim University, 6th Mile, Gangtok, Sikkim 737102, India

Received 14 June 2016; Revised 13 August 2016; Accepted 8 September 2016

Academic Editor: Yasuhisa Omura

Copyright © 2016 Partha Pratim Ray. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.


Internet of Things based cloud is envisaged to extract values other than the specified purpose for which it is to be utilized. It is hereby apprehended that different genre of values, rather business values, could efficiently be assimilated from the Internet of Things cloud platforms. It is also investigated to identify numerous domains of applications that are currently being associated with the similar cloud platforms. A case study on various types of value generation methods has been performed. A novel Internet of Things cloud stack is proposed to disseminate and aggregate the business values. Few research challenges are observed that shall need appropriate indulgence to generate more business values out of Internet of Things based cloud. This paper also seeks few research and industry related problems that need to be resolved. It further recommends several key parameters to the enterprise and government policymakers that should immediately be dealt with for long-term success.