Strategic decision making in smart home ecosystems: A review on the use of artificial intelligence and Internet of things

In the context of smart-home ecosystems (SHE), this paper reviews the existing literature on the application of artificial intelligence (AI) and Internet of things (IoT) concepts in strategic decision-making. The paper provides insights about this field by identifying main trends, potential benefits...

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Detalhes bibliográficos
Autores: Rodriguez Garcia, Patricia, Li, Yuda, Lopez-Lopez, David, Juan, Angel A.
Formato: artículo
Fecha de publicación:2023
País:España
Recursos:Universitat Ramon Llull (URL)
Repositorio:DAU Arxiu Digital de la Universitat Ramon Llull
OAI Identifier:oai:dau.url.edu:20.500.14342/4950
Acesso em linha:http://hdl.handle.net/20.500.14342/4950
http://doi.org/10.1016/j.iot.2023.100772
Access Level:acceso abierto
Palavra-chave:Strategic decision making
Descrição
Resumo:In the context of smart-home ecosystems (SHE), this paper reviews the existing literature on the application of artificial intelligence (AI) and Internet of things (IoT) concepts in strategic decision-making. The paper provides insights about this field by identifying main trends, potential benefits, challenges and opportunities of generating new business models related to the creation of SHE. A conceptual framework is presented and analysed according to three sources of value creation: (i) AI for strategic decision support; (ii) AI for alliances and partnerships; and (iii) AI and IoT in SHE. One of the uniqueness of this paper is the fact that the clustering analysis combines the authors’ assessment with the results of a machine learning method (non-negative matrix factorization). Our findings contribute to enrich both theoretical and managerial perspectives with new forms of corporate development.