Internet of Things : The New Government-to-Business Platform

The buzz around Internet of Things (IoT) has gathered momentum but the IoT phenomenon is poorly understood by governments and businesses. Governments are under pressure to become more innovative, evidence-based, and collaborative and IoT seems to o...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/610081509689089303/Internet-of-things-the-new-government-to-business-platform-a-review-of-opportunities-practices-and-challenges
http://hdl.handle.net/10986/28661
id okr-10986-28661
recordtype oai_dc
spelling okr-10986-286612021-06-14T10:09:07Z Internet of Things : The New Government-to-Business Platform World Bank Group INTERNET CONNECTION TECHNOLOGY SENSORS PRIVACY SECURITY INTEROPERABILITY GOVERNANCE PUBLIC-PRIVATE PARTNERSHIPS INFRASTRUCTURE CAPACITY BUILDING STANDARDIZATION The buzz around Internet of Things (IoT) has gathered momentum but the IoT phenomenon is poorly understood by governments and businesses. Governments are under pressure to become more innovative, evidence-based, and collaborative and IoT seems to offer opportunities such as increased competitiveness and innovation, and regulatory improvements that reduce the burden on business and increase compliance. In this report we examine the evidence on the ground to see how the theoretical potential of IoT implementation matches up with the reality on the ground and what can we learn from government agencies at the forefront of IoT implementation. The report draws on lessons from cities around the world (Germany, UK, Luxembourg, Estonia, Kazakhstan, Finland, Canada, USA, Japan, UAE, and India); it also provides a review of the IoT marketplace. The questions it answers include - what is IoT and why should governments care, how are different cities implementing IoT based solutions, and what are the main policy and other implications for government to fully utilize the potential of the technology while managing the associated risks and challenges? Findings include the fact that IoT implementation is still nascent in governments, the business models to scale pilots are still under-developed, the policy environment remains very patchy, and there is need to invest in digital capacity, data practices, and IoT infrastructure. The report includes a rough toolkit for government agencies. 2017-11-06T20:01:05Z 2017-11-06T20:01:05Z 2017-11-02 Report http://documents.worldbank.org/curated/en/610081509689089303/Internet-of-things-the-new-government-to-business-platform-a-review-of-opportunities-practices-and-challenges http://hdl.handle.net/10986/28661 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Public Sector Study Economic & Sector Work
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INTERNET
CONNECTION TECHNOLOGY
SENSORS
PRIVACY
SECURITY
INTEROPERABILITY
GOVERNANCE
PUBLIC-PRIVATE PARTNERSHIPS
INFRASTRUCTURE
CAPACITY BUILDING
STANDARDIZATION
spellingShingle INTERNET
CONNECTION TECHNOLOGY
SENSORS
PRIVACY
SECURITY
INTEROPERABILITY
GOVERNANCE
PUBLIC-PRIVATE PARTNERSHIPS
INFRASTRUCTURE
CAPACITY BUILDING
STANDARDIZATION
World Bank Group
Internet of Things : The New Government-to-Business Platform
description The buzz around Internet of Things (IoT) has gathered momentum but the IoT phenomenon is poorly understood by governments and businesses. Governments are under pressure to become more innovative, evidence-based, and collaborative and IoT seems to offer opportunities such as increased competitiveness and innovation, and regulatory improvements that reduce the burden on business and increase compliance. In this report we examine the evidence on the ground to see how the theoretical potential of IoT implementation matches up with the reality on the ground and what can we learn from government agencies at the forefront of IoT implementation. The report draws on lessons from cities around the world (Germany, UK, Luxembourg, Estonia, Kazakhstan, Finland, Canada, USA, Japan, UAE, and India); it also provides a review of the IoT marketplace. The questions it answers include - what is IoT and why should governments care, how are different cities implementing IoT based solutions, and what are the main policy and other implications for government to fully utilize the potential of the technology while managing the associated risks and challenges? Findings include the fact that IoT implementation is still nascent in governments, the business models to scale pilots are still under-developed, the policy environment remains very patchy, and there is need to invest in digital capacity, data practices, and IoT infrastructure. The report includes a rough toolkit for government agencies.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Internet of Things : The New Government-to-Business Platform
title_short Internet of Things : The New Government-to-Business Platform
title_full Internet of Things : The New Government-to-Business Platform
title_fullStr Internet of Things : The New Government-to-Business Platform
title_full_unstemmed Internet of Things : The New Government-to-Business Platform
title_sort internet of things : the new government-to-business platform
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/610081509689089303/Internet-of-things-the-new-government-to-business-platform-a-review-of-opportunities-practices-and-challenges
http://hdl.handle.net/10986/28661
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