Abstract
This paper discusses the business opportunities to the semiconductor companies transitioning from “pure-play” compute-focused chip providers only to complete solution providers enabling smart environments and integrated ecosystems. The semiconductor industry has led to the foundation of the Internet and Information age. The Internet enables connecting smart devices or “things” to be operated without human interactions creating Internet of Things (IoT). The IoT-enabled smart devices are being integrated into a single ecosystem with a shared user interface for healthcare, security, energy saving, automation, autonomous vehicles, telecommunications, computers, entertainment, and so on. Thus, the IoT offers semiconductor companies great business opportunities to provide IoT-enabling components for interoperability as well as system integration and software support. In this paper, the key IoT-enabling technologies and role of semiconductor companies transitioning from component suppliers only to complete IoT solution providers enabling smart environments and integrated ecosystems are discussed.
Highlights
The objective of this study is to present the opportunities and role of semiconductor companies transitioning to complete solution providers enabling smart environments and integrated ecosystems
In order to discuss the business opportunities for semiconductor companies transitioning from pure-play compute-focused integrated circuit (IC)-chip suppliers only to complete solution providers enabling smart environments and integrated ecosystems, let us present a brief overview of Internet of Things (IoT) and key IoT-enabling technologies
This study shows that the IoT will drive the rapid growth in the semiconductor industry maintaining the percentage growth rate in the revenue of the past decade in spite of the levelling off revenue in the smartphone business
Summary
The semiconductor companies providing IoT-enabling hardware, software, and integration services will benefit the most from IoT expansion It is vast business opportunities for transitioning semiconductor companies from “pure-play” component suppliers only to complete IoT solution providers by offering IoT-enabling products along with hardware and software support. The opportunities and role of semiconductor companies as complete IoT solution providers enabling smart environments and integrated ecosystems is presented. The objective of this study is to present the opportunities and role of semiconductor companies transitioning to complete solution providers enabling smart environments and integrated ecosystems. The role of semiconductor companies as the IoT-enablers along with the transitioning business model for complete IoT solution providers is presented. The conclusion of the study on transitioning semiconductor companies from pure-play component suppliers only to complete solution providers enabling smart environments and integrated ecosystems is presented
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
