A Framework for Pairing Circular Economy and the Internet of Things
Abstract
This paper highlights the interplay between Circular Economy and Internet of Things, and identifies novel ways in which this interaction can drastically change the nature of products, services, business models and ecosystems. It emphasizes the potential of novel circular economy business models and service supply chains to unlock synergies in order to generate direct value for customers/end-users and to augment resource productivity across economies. Furthermore, we sketch an open, circular-by-design IoT architecture, where "smart" IoT objects are integrated in the IoT ecosystem with proven key circularity-enabling properties to maximize IoT resource and data harvesting in a new breed of circular-by-design IoT ecosystems.
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AI-powered digital twins can help study product performance over time and generate possible improvements, ensuring longevity.
“For example, AI-powered digital twins-virtual models that accurately reflect physical objects-can help study performance over time and generate possible improvements (What Is a Digital Twin? n.d.2022).”
From Artificial intelligence in support of the circular economy: ethical considerations and a path forward (2024) · cites this paper as Askoxylakis 2018
AI does not function in a vacuum; AI systems are typically developed and deployed in tandem with other digital technologies.
“However, it is important to acknowledge from the outset that AI does not function in a vacuum; AI systems are typically developed and deployed in tandem with other digital technologies.”
From Artificial intelligence in support of the circular economy: ethical considerations and a path forward (2024) · cites this paper as Askoxylakis 2018
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Which IoT Protocol? Comparing Standardized Approaches over a Common M2M Application
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Kristoffersen, E., Blomsma, F., Mikalef, P., & Li, J. (2020) · Journal of Business Research · doi:10.1016/j.jbusres.2020.07.044 · Cited by 841 · see citing works
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- Authors
- Askoxylakis, I.
- Affiliations
- Foundation for Research and Technology Hellas (GR)
- Corresponding author
- Askoxylakis, Ioannis
- Venue
- 2018 IEEE International Conference on Communications (ICC)
- Publisher
- IEEE
- Published
- 2018-05
- Pages
- 1-6
- ISSN
- 1550-3607 (ISSN-L)
- OpenAlex
- W2885345602
- Cited by
- 43
- References
- 14
- Citations by year
- 2026: 1 · 2025: 4 · 2024: 5 · 2023: 6 · 2022: 8 · 2021: 12 · 2020: 3 · 2019: 4
- FWCI
- 23.94
- Type
- conference paper
- Language
- en
- Open access
- closed
- Locations
- International Conference on Communications (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
- Physical Sciences › Engineering › Building and Construction › Sustainable Design and Development
- Physical Sciences › Engineering › Industrial and Manufacturing Engineering › Digital Transformation in Industry
- Keywords
- circular economy, Internet of Things, circular business models, service supply chain, IoT architecture, resource productivity, IoT ecosystem, smart objects, resource harvesting, data harvesting
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