Cyber-Physical Systems Based Business Models

Currently, the use of cyber-physical systems is becoming widespread in various fields, primarily, because they enable many innovative functionalities through their networking. These systems include complex computation elements that interacts with the physical environment through sensors or actuators. Their solutions are based on sharing of hardware equipment and software services, targeting to provide added value proposition for various customers. The research and development in this domain are going on not only in the technical direction, but is also targeting the value creation for customers, in a technical and business-oriented manner. This paper presents a cyber-physical systems-based business model realized through services composition. The service composition framework integrates Web services which can be interconnected and can be accessed by mobile clients through smartphones, on mobile and wireless communications channels. The response time for multiuser requests for services access is evaluated, because it is an important quality of service performance criteria of our e-business model service composition framework. The results are promising.