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The low-power Internet of Things (IoT) has been thriving because of therecent technological advancement and ecosystems meeting the verticalapplication requirements and market needs. An open IoT technology ecosystem ofthe low-power IoT has become increasingly important to all the players andstakeholders and to the research community. However, there are severalmainstream low-power IoT ecosystems available out of industry consortia orresearch projects and there are different models implied in them. We need toidentify the working framework behind the scene and find out the principle ofdriving the future trends in the industry and research community. With a closelook at these IoT technology ecosystems, four major business models areidentified that can lead to the proposed ecosystem framework. The frameworkconsiders the technical building blocks, market needs, and business verticalsegments, where these parts are making the IoT evolve as a whole for the yearsto come.

A Holistic Framework for Open Low-Power Internet of Things Technology Ecosystems