The internet of things and corporate business models: A systematic literature review

The paper proposes a systematic literature review emphasising scholars’ view on the role of IoT in shaping and developing business models of companies. Providing a deep understanding of the state of the art, the paper drafts implications and valuable insights to address future research. A two-decade study of the connection of Internet of Things and business models has been investigated using Scopus and ISI web of science databases as leading sources to get access to the articles. The diffusion of Internet of things needs to be investigated along its implications for corporate business models, such as modifications in the production process, interaction with customers and in the identification of the corporate building blocks. This study provides for the first time a systematic connection among IoT and Business models towards the lens of business, management and accounting field, providing valuable implications, insights and emerging issues.