Integrated billing mechanisms in the Internet of Things to support information sharing and enable new business opportunities

The Internet of Things (IOT) concept and enabling technologies such as RFID offer the prospect of linking the real world of physical objects with the virtual world of information technology to improve visibility and traceability information within supply chains and across the entire lifecycles of products, as well as enabling more intuitive interactions and greater automation possibilities. There is a huge potential for savings through process optimization and profit generation within the IOT, but the sharing of financial benefits across companies remains an unsolved issue. Existing approaches towards sharing of costs and benefits have failed to scale so far. The integration of payment solutions into the IOT architecture could solve this problem. We have reviewed different possible levels of integration. Multiple payment solutions have been researched. Finally we have developed a model that meets the requirements of the IOT in relation to openness and scalability. It supports both hardware-centric and software-centric approaches to integration of payment solutions with the IOT. Different requirements concerning payment solutions within the IOT have been defined and considered in the proposed model. Possible solution providers include telcos, e-payment service providers and new players such as banks and standardization bodies. The proposed model of integrating the Internet of Things with payment solutions will lower the barrier to invoicing for the more granular visibility information generated using the IOT. Thus, it has the potential to enable recovery of the necessary investments in IOT infrastructure and accelerate adoption of the IOT, especially for projects that are only viable when multiple benefits throughout the supply chain need to be accumulated in order to achieve a Return on Investment (ROI). In a long-term perspective, it may enable IT-departments to become profit centres instead of cost centres. © 2010 - IOS Press and the authors. All rights reserved.

A framework for analysing business performance, firm innovation and related contextual factors: Perceptions of managers and policy makers in two European regions

The aim of this paper is to propose a novel reference framework that can be used to study how different kinds of innovation can result in better business performance and how external factors can influence both the firm's capacity to innovate and innovation itself. The value of the framework is demonstrated as it is applied in an exploratory study of the perceptions of public policy makers and managers from two European regions - the Veneto Region in Italy and the East of England in the UK. Amongst other things, the data gathered suggest that managers are generally less convinced than public policy makers, that the innovativeness of a firm is affected by factors over which policy makers have some control. This finding poses the question "what, if any, role can public policy makers play in enhancing a company's competitiveness by enabling it to become more innovative?".

Scalar dissipation rate transport in the corrugated flamelets and thin reaction zones regime for turbulent premixed flames

The characteristics of the scalar dissipation rate transport in the corrugated flamelets and the thin reaction zones regimes are studied based on two three-dimensional Direct Numerical Simulation (DNS) databases for freely propagating statistically planar turbulent premixed flames. The turbulent flame parameters are so chosen that the database which represents the corrugated flamelets regime has a global Damköhler number Da>1 whereas the database representing the thin reaction zones regime has Da <1. It is demonstrated that the terms originating from the correlation between fluctuating velocity and scalar gradient T1 shows strong Da dependence. The terms originating from dilatation T2, the scalar inner product of gradients of velocity and scalar fields T3 and the correlation between reaction rate and scalar gradients T4 and the dissipation term D2 remain important for both the flames. However, T3 dissipates scalar dissipation rate in the Da > 1 flame while it produces scalar dissipation rate in the Da < 1 flame. This difference is because of the change in the alignment between scalar and velocity gradients

Growth performance evaluation of genetically improved silver barb (Barbonymus gonionotus Bleeker) in different agro-ecological zones in Bangladesh

On farm trials of silver barb with other carps were carried out in 40 ponds during May to October 2005 in four agro-ecological zones viz., Trishal, Muktagacha, Parbotipur and Paikgacha in Bangladesh. In Trishal and Muktagacha zones, ponds were stocked with silver barb, silver carp and common carp at the stocking density of 11,500 fish/ha, whereas in Parbotipur and Paikgacha zones, ponds were stocked with silver barb, rohu, catla and mrigal at the stocking density of 10,000/ha. Among the ponds, 50% (20 ponds) were stocked with BFRI improved stock of silver barb (Treatment-1) and rest of the 20 ponds stocked with local silver barb stock (Treatment-2). The harvest weight of BFRI improved silver barb were 149±16.01, 168±18.06, 198±14 and 230±9.25g in Trishal, Muktagacha, Paikgacha and Parbotipur, whereas the data obtained at 113±15.52, 136±20.66, 170±17.0 and 205±12.10g for local stock of silver barb, respectively. In all trials, the harvest weight of BFRI improved stock showed significantly higher growth performance (P<0.05) over the local stocks.

Abalone culture - a new business opportunity

There are about 100 species of abalone in the world, but only 20 are of high commercial importance. In the Philippines, the abalone species are Haliotis asinina, H. varia, H. ovina and H.glabra, but it is the former which has high commercial value. The semi-processed abalone are frozen, dried or canned for export to many countries. An outline is given of the major aquaculture activities and duration of breeding and culture. Abalone hatchery production operations and investment costs and returns are detailed. Particular reference is made to the modular system of abalone culture in floating cages.