Modeling Product-Service Systems for the Internet of Things: The ComVantage Method

This chapter provides an overview on the current state of the ComVantage modeling method implementation. The method addresses the domain of product-service systems that must run in an Internet of Things environment. This specificity manifests in several aspects: (i) the underlying business model is based on the provision of products, services or a mix of these (e.g., maintenance services attached to products with embedded systems); (ii) collaborative business processes must be supported by mobile apps that consume Linked Data; (iii) model contents must be available to model-aware run-time systems running in a Linked Data environment; (iv) modeling concepts must be linked to IoT resources and their properties, in order to provide a mash-up back-end knowledge base to Internet of Things applications. The method was initiated in a European FP7 research project, therefore project context will also be highlighted, to better outline the motivational frame.