Next week, while I will be speaking on cybersecurity at the Heinz College at Carnegie Mellon University, my collaborator on our NSF ChoiceNet project, and now NSF EAGER project, Associate Dean in the UMass Amherst College of Engineering Professor Tilman Wolf, will be flying to Berlin, Germany, to present our invited paper at the 1st IEEE International Conference on the Internet of Things Design and Implementation.
The title of our paper is below and it will be published in the Proceedings of the First IEEE International Conference on Internet-of-Things Design and Implementation (IoTDI), Berlin, Germany, April 2016.
In quantifying the synergy associated with horizontal integration, we have assumed that system optimization, in the form of total cost minimization, is the desired criterion. This reflects centralized decision-making. Earlier applications of synergy measures that I have done research on were in the context of supply chain networks and included a means of evaluating mergers and acquisitions.
Since the costs on the links prior to horizontal integration in the Internet of Things (IoT) and post correspond to generalized costs, this gives us the flexibility to include risk measures, emission measures (if there are environmental concerns), and other relevant criteria, and, with appropriate extensions, even time.
Below are the networks corresponding to two applications prior to integration in our IoT framework that includes ideas from network economics and operations research.
Interestingly, in supply chain network applications, thus far, the network topologies (see the references in a prior blogpost) have been less expansive than in the IoT context revealed here. Also, the added links in the horizontal integration cases corresponded to transportation activities and not data transfer activities as in the above network figures.
Wishing everyone at the IEEE conference in Berlin, Germany a very rewarding time!