Abstract
The purpose of this article is to find out the future business models and business model innovation methods of Internet of Things (IoT) industry. Through the analysis of IoT-based logistics information system features, it is clear that IoT-based supply chain integration must be dominated by fourth party logistics (4PL) providers rather than telecoms and technical manufacturers. Two implementation models of IoT-based 4PL are viable. Under the function of more rational policies, many enterprises including logistics providers, logistics management consultants and IT companies would be IoT-based 4PL enterprises, and enhance the logistics management of all society.
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