ISM Department Chair Bernhard Koelmel co-authored an article titled "Quantifying the Economic and Financial Viability of NB-IoT and LoRaWAN Technologies: A Comprehensive Life Cycle Cost Analysis Using Pragmatic Computational Tools." The research, published in FinTech journal's Volume 2, Issue 3, delves into the economic feasibility of two low-power wide-area network (LPWAN) technologies, NB-IoT and LoRaWAN, for Internet of Things (IoT) applications.
The study presents a "pragmatic" artifact designed to conduct life cycle cost analysis, considering crucial economic and financial factors such as operational expenses, equipment costs, and potential revenue. By utilizing pragmatic computational tools, the researchers demonstrate how this methodology facilitates the assessment of economic viability for these technologies.
Read the article here.
