Internet of services-based business model: a case study in the livestock industry

Abstract

Purpose Considering the relevance of innovative business models in the digitally transformed market and the lack of clarity on the internet of services (IoS) contribution for a business model deployment in current literature, this study aims to fill this gap by evaluating a business model that converges to an IoS adoption in a direct sale of free-range eggs from farmers to consumers. Design/methodology/approach From the bibliographical research regarding the IoS and business model, the authors developed an IoS-based model framework. The framework has been evaluated in a real business scenario by using a single case study through an interview with the entrepreneur and documental analysis. Findings As the main result, a framework with the attributes can be considered a tool for an IoS-based business model deployment. The case study concluded that the business is aligned with the IoS adoption, and the framework presents adherence to it. Research limitations/implications The case study was limited to only one company owing to the IoS’s novelty and the lack of correlated business models. Although the case study limits to the agriculture field, the proposed framework may be broadly applied. Originality/value Considering that the lack of a comprehensive business model causes new businesses to face challenges, it is relevant bringing up the present case study of the IoS-based business model, which correlates these two subjects, still poorly explored in the scientific literature: IoS and business models.

Potential Bankruptcy of Digital Companies in Indonesia: Analysis of Market Aspects and Financial Aspects Using Springate and Grover Methods

“…Digital business is a hot topic because technological developments (Belousova et al, 2022;Böttcher et al, 2022) and https://doi.org/10.55980/ebasr.v2i1.47 infrastructure advancements create various opportunities for entrepreneurs (Kraus et al, 2019). In the 4.0 revolution era, innovative business models (Carissimi & Creazza, 2022;Karakose et al, 2022;Reis et al, 2022) driven by digital transformation will benefit companies (Frank et al, 2019). As a result, many companies are turning to digital systems.…”