International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Entrepreneurship in IoT: Creating Value from Data in Smart Cities

Author(s) Saiman Shetty
Country USA
Abstract The paper investigates the critical role of entrepreneurship in utilizing the Internet of Things (IoT) to enhance smart city development. It highlights the transformative impact of IoT on urban environments and the significant potential for entrepreneurial ventures to leverage IoT-generated data. The study introduces a framework for transforming vast data streams into actionable insights through advanced analytics and strategic collaborations. Key findings demonstrate that such insights significantly improve urban efficiency, drive innovation, and foster economic growth by optimizing resource management and service delivery. Ultimately, the research underscores the broader implications for smart city ecosystems, advocating for the integration of IoT analytics in urban planning. This approach not only sustains the momentum of smart city advancements but also opens new avenues for entrepreneurial opportunities, positioning cities as thriving hubs of innovation and economic dynamism.
Keywords Internet of Things (IoT), Smart Cities, Data Value Creation, Entrepreneurship, Urban Innovation, Data Analytics, Urban Mobility, Real-Time Monitoring, Smart Infrastructure, Digital Transformation, IoT Data Insights, Entrepreneurial Opportunities, Connected Technologies, IoT Ecosystems, Intelligent Urban Solutions, Resource Management, IoT-Driven Business Models, Urban Efficiency, Strategic Partnerships, Smart City Ecosystems.
Published In Volume 2, Issue 5, September-October 2020
Published On 2020-09-28
Cite This Entrepreneurship in IoT: Creating Value from Data in Smart Cities - Saiman Shetty - IJFMR Volume 2, Issue 5, September-October 2020.
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E-ISSN 2582-2160
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