Innovation of Business Model for Electrical Household Appliance Enterprises to Deploy IoT+AI and IoT+5G

Based on the future development trend of the Internet of Things, this article proposes a business model for the electrical household appliance enterprises to deploy IoT+AI and IoT+5G. The business model proposes that electrical household appliance enterprises should cooperate with high-tech companie...

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Bibliographic Details
Published in2020 International Conference on E-Commerce and Internet Technology (ECIT) pp. 245 - 247
Main Authors Liu, Feng, Lv, Yifan, Yang, Peiwen, Liu, Yiyang, Xu, Zhuoran, Luo, Jinyi
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.04.2020
Subjects
5G mobile communication
Companies
Electrical household appliance enterprises
Electronic commerce
Home appliances
Innovation of business model
Internet of Things
Smart homes
Warranties
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Summary:Based on the future development trend of the Internet of Things, this article proposes a business model for the electrical household appliance enterprises to deploy IoT+AI and IoT+5G. The business model proposes that electrical household appliance enterprises should cooperate with high-tech companies that research AI and 5G, add online live on their official online website and use AI+ IoT and 5G + IoT technologies to improve online platforms, improve total quality management and warranty of smart home appliances in AI+IoT system and create new brands and products to expand the market of smart home appliances based on customers' feedback. This paper aims at providing new ideas of reform and innovation for electrical household appliances enterprises to seize the opportunity of Internet of Things in E-commerce era.
DOI:10.1109/ECIT50008.2020.00063