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xii<br />

Contents<br />

2.11 IoT Related Standardization 101<br />

2.12 Recommendations on Research Topics 113<br />

References 144<br />

3 IoT Applications — Value Creation for Industry 153<br />

Nicolaie L. Fantana, Till Riedel, Jochen Schlick, Stefan Ferber,<br />

Jürgen Hupp, Stephen Miles, Florian Michahelles,<br />

and Stefan Svensson<br />

3.1 Introduction 154<br />

3.2 IoT Applications for Industry — Value Creation and<br />

Challenges 155<br />

3.3 Future Factory Concepts 162<br />

3.4 Brownfield IoT: Technologies for Retrofitting 171<br />

3.5 Smart Objects, Smart Applications 177<br />

3.6 Four Aspects in your Business to Master IoT 180<br />

3.7 Auto_ID — Value Creation from Big Data and Serialization<br />

in the Pharmaceutical Industry 186<br />

3.8 What the Shopping Basket Can Tell: IoT for Retailing<br />

Industry? 194<br />

3.9 IoT For Oil and Gas Industry 197<br />

3.10 Opinions on IoT Application and Value for Industry 201<br />

3.11 Conclusions 204<br />

References 204<br />

4 Internet of Things Privacy, Security and Governance 207<br />

Gianmarco Baldini, Trevor Peirce, Marcus Handte,<br />

Domenico Rotondi, Sergio Gusmeroli, Salvatore Piccione,<br />

Bertrand Copigneaux, Franck Le Gall, Foued Melakessou,<br />

Philippe Smadja, Alexandru Serbanati, and Julinda Stefa<br />

4.1 Introduction 207<br />

4.2 Overview of Activity Chain 05 — Governance, Privacy and<br />

Security Issues 211<br />

4.3 Contribution From FP7 Projects 212<br />

4.4 Conclusions 223<br />

References 224

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