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Business Models for 5G-IoT Private Networks
Wits Business School (WBS), University of the Witwatersrand (Wits),Johannesburg,South Africa.
Wits Business School (WBS), University of the Witwatersrand (Wits),Johannesburg,South Africa.
Malmö University, Faculty of Technology and Society (TS), Department of Computer Science and Media Technology (DVMT). Wits Business School (WBS), University of the Witwatersrand (Wits),Johannesburg,South Africa.ORCID iD: 0009-0006-6443-4483
2023 (English)In: 2023 IEEE AFRICON, Institute of Electrical and Electronics Engineers (IEEE), 2023Conference paper, Published paper (Refereed)
Abstract [en]

The ongoing integration of Internet of Things (IoT) within Fifth-generation (5G) mobile ecosystem promises to provide smart and intelligent services meant to foster vertical industry digitalization. 5G-IoT private networks have become a popular choice of adoption by industry verticals in accelerating digital transformation across various sectors, thereby culminating in Industry 4.0. Research and development on 5G-IoT private networks has mainly focused on the technical aspect with less attention on the business side. This paper discusses viable business model options for 5G-IoT private networks for applications in diverse industry sectors and the attainment of economic value in terms of revenue maximization, cost minimization and sustainability.

Place, publisher, year, edition, pages
Institute of Electrical and Electronics Engineers (IEEE), 2023.
Series
Proceedings, African Electrical Technology Conference, ISSN 2153-0025, E-ISSN 2153-0033
National Category
Business Administration
Identifiers
URN: urn:nbn:se:mau:diva-63753DOI: 10.1109/africon55910.2023.10293454Scopus ID: 2-s2.0-85177678204ISBN: 979-8-3503-3621-4 (electronic)ISBN: 979-8-3503-3622-1 (print)OAI: oai:DiVA.org:mau-63753DiVA, id: diva2:1813239
Conference
IEEE AFRICON 2023, Nairobi, Kenya, September 20-22, 2023
Available from: 2023-11-20 Created: 2023-11-20 Last updated: 2023-12-07Bibliographically approved

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Mekuria, Fisseha

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