A1 Journal article (refereed), original research

Internet of Things in Asset Management: Insights from Industrial Professionals and Academia

Publication Details
Authors: Kinnunen Sini-Kaisu, Ylä-Kujala Antti, Marttonen-Arola Salla, Kärri Timo, Baglee David
Publisher: IGI Global
Publication year: 2018
Language: English
Related Journal or Series Information: International Journal of Service Science, Management, Engineering, and Technology
Volume number: 9
Issue number: 2
Start page: 104
End page: 119
Number of pages: 16
ISSN: 1947-959X
eISSN: 1947-9603
JUFO-Level of this publication: 0
Open Access: Not an Open Access publication


The emerging Internet of Things (IoT) technologies could rationalize data processes from acquisition
to decision making if future research is focused on the exact needs of industry. This article contributes
to this field by examining and categorizing the applications available through IoT technologies in the
management of industrial asset groups. Previous literature and a number of industrial professionals
and academic experts are used to identify the feasibility of IoT technologies in asset management.
This article describes a preliminary study, which highlights the research potential of specific IoT
technologies, for further research related to smart factories of the future. Based on the results of
literature review and empirical panels IoT technologies have significant potential to be applied widely
in the management of different asset groups. For example, RFID (Radio Frequency Identification)
technologies are recognized to be potential in the management of inventories, sensor technologies in
the management of machinery, equipment and buildings, and the naming technologies are potential
in the management of spare parts.

Last updated on 2019-13-03 at 12:00