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—The increasing usage of smart embedded devices in business blurs the line between the virtual and real worlds. This creates new opportunities to build applications that better integrate real-time state of the physical world, and hence, provides enterprise services that are highly dynamic, more diverse, and efficient. Service-Oriented Architecture (SOA)(More)
We are moving towards a highly distributed service-oriented energy infrastructure where providers and consumers heavily interact with interchangeable roles. Smart meters empower an advanced metering infrastructure which is able to react almost in real time, provide fine-grained energy production or consumption info and adapt its behavior proactively. We(More)
On the one hand, enterprises manufacturing any kinds of goods require agile production technology to be able to fully accommodate their customers' demand for flexibility. On the other hand, Smart Objects, such as networked intelligent machines or tagged raw materials, exhibit ever increasing capabilities, up to the point where they offer their smart(More)
—The smart grid vision relies on active interaction with all of its stakeholders. As consumers are acquiring energy generation capabilities, hence becoming prosumers (producers and consumers), a meaningful way to interact among them would be to trade over a marketplace. Market-driven interactions have been proposed as a promising potential interaction(More)
This paper puts the Internet of Things in a wider context: How it relates to the Future Internet overall, and where the business value lies so that it will become interesting for enterprises to invest in it. Real-World Awareness and Business Process Decomposition are the two major paradigms regarding future business value. The major application domains(More)
Advances in the areas of embedded systems, computing, and networking are leading to an infrastructure composed of millions of heterogeneous devices. These devices will not simply convey information but process it in transit, connect peer to peer, and form advanced collaborations. This " In-ternet of Things " infrastructure will be strongly integrated with(More)
Today manufacturers require efficient reaction to critical events occurring at the shop floor. Therefore, device-level data needs to be integrated into business processes in a standardized and flexible way to avoid time-consuming media breaks. Current approaches are characterized by a late indication of changes in the production environment and a delayed(More)
—Radical changes are expected to occur in the next years in the electricity domain and the grid itself which has been almost unchanged the last 100 years. Value is created when interactions exist and this is the main thrust of the emerging SmartGrid which will heavily rely on IT technologies at several layers for monitoring and control. The basic building(More)