IoT(internet of things) based smart city services for the creative economy

Abstract

The Internet of Things (IoT) is a pervasive technology in the IT industry, and several companies and governments have tried to make references with the IoT in the past. However, in the manufacturing, retail, and social overhead capital (SOC) industries, successful best practices are built recently. In this paper, I have outlined the tangible IoT based service models, which are helpful to the academic and industrial world for a better understanding of the IoT business. The South Korean government has suggested a "creative economy" as the country's new economic development paradigm, and strived to establish a creative economic ecosystem by building platforms. IoT is one of the technologies focused on the implementation of the "creative economy". Therefore, the central government and many local governments are eager to invest on the IoT area in order to build smart cities. © 2016 SERSC.