2017
DOI: 10.1515/picbe-2017-0084
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Smart services – characteristics, challenges, opportunities and business models

Abstract: Abstract. "Industry 4.0", " Digitalization", "Internet of Things" and "Smart Services"

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Cited by 30 publications
(30 citation statements)
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“…Smart services are defined as services tailored to specific customer needs with the help of data and intelligent processing (Hermann et al, 2016). Therefore, it is essential to understand the customers and their surroundings, to have smart data and platforms to integrate and process the data and to change the business models and company mindset (Marquardt, 2017). IT technologies help to gain quality and timely information for the success of both large and small companies.…”
Section: Smart Servitizationmentioning
confidence: 99%
“…Smart services are defined as services tailored to specific customer needs with the help of data and intelligent processing (Hermann et al, 2016). Therefore, it is essential to understand the customers and their surroundings, to have smart data and platforms to integrate and process the data and to change the business models and company mindset (Marquardt, 2017). IT technologies help to gain quality and timely information for the success of both large and small companies.…”
Section: Smart Servitizationmentioning
confidence: 99%
“…The numbers published by BMWi (2016) The last years have shown that the digital transformation of economic processes and transactions and human interactions became an inescapable megatrend in ways never been anticipated years ago, and it is still the beginning. This growing dependence on the ubiquitous technologies and solutions combined with the demographic changes, declining availability of resources, globalization of the markets and growing international competition, and the increasing customer demands request new ways of thinking and acting to identify and deal with the related opportunities and challenges (Marquardt, 2017).…”
Section: Meaning Of Digitalizationmentioning
confidence: 99%
“…Many reviews have revealed that the Smart term has been one of buzzwords used in many aspects of life such as; Smart city, Smart building, Smart product, Smart services, Smart tourism, etc. they have implied the synonym of Smart term such as "digital, internet, online" (Gutiérrez, Garbajosa, Díaz, & Yague, 2013;Marquardt, 2017). Moreover, Gretzel et.al, (2015) indicated that as everything has evolved into Smart; the need for conceptualization on this phenomenon has been increased.…”
Section: Smart Marketing and Tourismmentioning
confidence: 99%