Internet of Things and Business Transformation
The topic of the summer school is the internet of things (IoT), as the main driver for future digital infrastructures. With the advances of ICT, billions of “things” will learn and collaborate through a reliable, efficient and secure network, using distributed storage and computing resources. This will allow increased automation of manufacturing, agriculture, and infrastructure management, as well as smart services in healthcare, elderly care, transportation, and retail.
The vision for IoT requires the combination of new technical solutions in three large technology areas: (1) Embedded systems for energy-efficient sensing and actuation. (2) Communication and networked systems for connecting the huge number of devices. (3) Computing, data analytics, and visualization for IoT based applications. IoT challenges the business ecosystems of the traditional telecommunication sector and provides new opportunities for traditional as well as emerging industries.
Building on the development of practical IoT business cases, the school will help the students to recognize values and opportunities that emanate from the enabling properties of these emerging technologies, inspire them to consider technology and business together and to be curious about future IoT applications and solutions.
The participants will get acquainted with the technology and market trends of the various IoT application domains, form balanced teams, and come up with initial business ideas, and get acquainted with the principles of value-sensitive design. Furthermore, they will learn about and practice business modelling and how to design and run experiments to rapidly test, in a data-driven manner, their most risky assumptions.
The school will be the case and project-oriented, where students will be supported by interactive lectures, inspirational talks from small and large IoT enterprises, as well as by continuous coaching by technical and I&E experts.
The summer school will take place near Stockholm, at the Bosön Conference site, providing accommodation, teaching and recreational facilities. During the weekend trip, we will explore the Stockholm area.