IoT Driven Business Model Innovation and Sustainability: a literature review and a case Study in Brazil

Abstract

The Internet of Things (IoT) promises a revolution in terms of new services, products and possibilities for innovation in business models. Those possibilities, however, are linked to a competitive and social context in which concerns with data privacy and sustainability must be balanced at the risk of getting negative results and damage to firms’ image and reputation. This paper presents a review of the literature that aimed to bring together these concepts (IoT, BMI and privacy/sustainability) and identify how academic research is studying those issues and to identify the main topics and research questions in those studies. We will then present a Brazilian case of Iot Implementation in the context of smart cities and discuss this case considering the topics and questions found in the literature.