TITLE:
Transitioning Semiconductor Companies Enabling Smart Environments and Integrated Ecosystems
AUTHORS:
Samar K. Saha
KEYWORDS:
Internet of Things, Smart Homes, Smart Cars, Smart Cities, Smart Health, Smart Environment, Smart Things, Cloud Computing, Sensors, Connectivity, Computing, Semiconductor Industry, Transitioning Business Model
JOURNAL NAME:
Open Journal of Business and Management,
Vol.6 No.2,
April
28,
2018
ABSTRACT:
This paper discusses the business opportunities to the semiconductor companies
transitioning from “pure-play” compute-focused chip providers only to
complete solution providers enabling smart environments and integrated
ecosystems. The semiconductor industry has led to the foundation of the Internet
and Information age. The Internet enables connecting smart devices or
“things” to be operated without human interactions creating Internet of
Things (IoT). The IoT-enabled smart devices are being integrated into a single
ecosystem with a shared user interface for healthcare, security, energy saving,
automation, autonomous vehicles, telecommunications, computers, entertainment,
and so on. Thus, the IoT offers semiconductor companies great
business opportunities to provide IoT-enabling components for interoperability
as well as system integration and software support. In this paper, the key
IoT-enabling technologies and role of semiconductor companies transitioning
from component suppliers only to complete IoT solution providers enabling
smart environments and integrated ecosystems are discussed.