The Energy Industry in the Czech Republic: On the Way to the Internet of Things

Milos Maryska, Petr Doucek, Lea Nedomova and Pavel Sladek
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Milos Maryska: Department of Information Technologies, University of Economics, Prague 130 00, Czech Republic
Petr Doucek: Department of System Analysis, University of Economics, Prague 130 00, Czech Republic
Lea Nedomova: Department of System Analysis, University of Economics, Prague 130 00, Czech Republic
Pavel Sladek: Department of Information Technologies, University of Economics, Prague 130 00, Czech Republic

Economies, 2018, vol. 6, issue 2, 1-13

Abstract: This article describes and discusses research into the perspectives for deploying the IoT (Internet of Things) within the Czech energy industry. Our conclusions are based on empirical research performed among 50 energy-industry experts in 2016 and 2017. This was two-stage research in which we held interviews with these experts in order to select the set of the most acceptable IoT technologies for deployment in the energy industry, and then used the TOPSIS method to select the most suitable technologies among them for deployment in the Czech environment. For use in determining the most suitable technologies, we also defined—with the help of the mentioned experts—individual selection parameters and weightings for them, enabling us to apply the TOPSIS method to the selected set of technologies. Our result was the selection of the SIGFOX IoT technology.

Keywords: cyber risk; energy industry; industry 4.0; Internet of Things; standards; technologies (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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