Internet of things technology diffusion forecasts

Yorgos D. Marinakis, Steven T. Walsh, Rainer Harms

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    8 Citations (Scopus)
    7 Downloads (Pure)

    Abstract

    Prognosticators and pundits are forecasting an explosion over the next decade in the number of sensors connected to wired and wireless networks, also referred to as the Internet of Things. The challenge is that these sensor forecasts are being made without taking into account the infrastructure required to manufacture and operate the sensors. Financial forecasts of individual infrastructure components have been made, but they give point forecasts rather than diffusion curves. It is also often not clear what models these forecasters are using, as they are often in proprietary reports. The present study provides sensor and sensor infrastructure technology component diffusion forecasts using a sigmoidal model of product diffusion. A plurality of technology diffusion curves was computed, one for each sensor infrastructure component technology. To identify the potential lack of availability of a component or a set of components, the forecast curves were then examined for temporal commonalities and differences. Thus this study provides a method for forecasting an emerging technology.

    Original languageEnglish
    Title of host publicationPICMET 2017 - Portland International Conference on Management of Engineering and Technology
    Subtitle of host publicationTechnology Management for the Interconnected World, Proceedings
    EditorsTimothy R. Anderson, Kiyoshi Niwa, Dundar F. Kocaoglu, Tugrul U. Daim, Dilek Cetindamar Kozanoglu, Gary Perman, Harm-Jan Steenhuis
    PublisherIEEE
    Number of pages5
    Volume2017-January
    ISBN (Electronic)9781890843366
    DOIs
    Publication statusPublished - 29 Nov 2017
    EventPortland International Conference on Management of Engineering and Technology 2017: Technology Management for Interconnected World - Portland Marriott Downtown Waterfront, Portland, United States
    Duration: 9 Jul 201713 Jul 2017

    Conference

    ConferencePortland International Conference on Management of Engineering and Technology 2017
    Abbreviated titlePICMET 2017
    Country/TerritoryUnited States
    CityPortland
    Period9/07/1713/07/17

    Cite this