Research Article
Tele-Economics in MTC: what numbers would not show
@ARTICLE{10.4108/eai.26-10-2015.150596, author={Andres Laya and Amirhossein Ghanbari and Jan Markendahl}, title={Tele-Economics in MTC: what numbers would not show}, journal={EAI Endorsed Transactions on Internet of Things}, volume={1}, number={1}, publisher={EAI}, journal_a={IOT}, year={2015}, month={10}, keywords={Tele-Economic research, service enablement, Machine Type Communication, Internet-of-Things.}, doi={10.4108/eai.26-10-2015.150596} }- Andres Laya
Amirhossein Ghanbari
Jan Markendahl
Year: 2015
Tele-Economics in MTC: what numbers would not show
IOT
EAI
DOI: 10.4108/eai.26-10-2015.150596
Abstract
This paper elaborates on the relevance of Tele-Economic research to understand the effect that Machine-Type Commu- nications (MTC) has on different markets and also the market forces affecting the adoption of services based on MTC. The paper is presented in a tutorial form, offering concept and definitions of economic terms that are gaining relevance in the technical community in the MTC context. The concept of services is further analysed in as a change in the tele- communication industry mind-set in order to tap into the economic value of MTC in the realization of the Internet-of- Things. Finally, insights are presented looking forward into the relevance of Tele-Economic research for 5G.
Copyright © 2015 A. Laya et al., licensed to EAI. This is an open access article distributed under the terms of the Creative Commons Attribution licence (http://creativecommons.org/licenses/by/3.0/), which permits unlimited use, distribution and reproduction in any medium so long as the original work is properly cited.