The Economic Development Model and Strategy Selection of the Internet of Things Based on Big Data

Abstract

The internet of things (IoT) has become a key support object for Chinese strategic emerging industries. It is of great practical significance to promote the construction of the internet of things. Driven by national policies, the development of the internet of things in China has achieved certain results, but it also faces many problems. For example, there are few theoretical and empirical studies on the internet of things economy. In this context, from the perspective of big data, this paper studies the development model and influencing factors of the internet of things economy, and takes Jiangsu Province as an example to put forward development strategies. This article studies the three-stage development model of the IoT economic big data ecosystem: the primary stage, the growth and maturity stage, and the integration stage. On the basis of the research on the development model, the general evaluation method of the economic development model of the internet of things from the perspective of big data is studied, and the general model of strategy selection is established.