Tele-Economics in MTC: what numbers would not show

Authors

  • Andres Laya Royal Institute of Technology
  • Amirhossein Ghanbari Royal Institute of Technology
  • Jan Markendahl Royal Institute of Technology

DOI:

https://doi.org/10.4108/eai.26-10-2015.150596

Keywords:

Tele-Economic research, service enablement, Machine Type Communication, Internet-of-Things

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.

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Published

26-10-2015

Issue

Vol. 1 No. 1 (2015): EAI Endorsed Transactions on Internet of Things

Section

Research article

License

Copyright (c) 2015 EAI Endorsed Transactions on Internet of Things

Creative Commons License

This work is licensed under a Creative Commons Attribution 3.0 Unported License.

This is an open-access article distributed under the terms of the Creative Commons Attribution CC BY 4.0 license, which permits unlimited use, distribution, and reproduction in any medium so long as the original work is properly cited.

How to Cite

[1]
“Tele-Economics in MTC: what numbers would not show”, EAI Endorsed Trans IoT, vol. 1, no. 1, p. e2, Oct. 2015, doi: 10.4108/eai.26-10-2015.150596.