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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)
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 ``Internet of Things'' infrastructure will be strongly integrated with(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 method(More)
The smart grid enabled city is an emerging complex system of systems where different stakeholders will have to strive towards achieving their goals while interacting with each-other. At parts of the city such as the districts, the energy signature and efforts towards its better energy efficiency will heavily depend on the utilization of availability and(More)
The factory of the future will be heavily based on internet and web technologies. A new generation of devices with embedded hardware and software will feature greatly improved storage, computing, and networking capabilities. This will lead to a system landscape of millions of networked devices that is heterogeneous with respect to functionality but features(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)