Smart Resource Integration. Introduction The Internet of Things (IoT) is a hot topic in the technological and cybernetic fields as well as in the application practice. IoT concerns networked everyday objects that- due to the digital sensors equipment interconnect to each other (Li et al., 2011) - can become active participants in business processes. The IoT has a potential transformative power as – concerning the collection and the combination of data from different and interconnected sources –affects all kinds of industries and may have an impact on decisions and actions of firms (Michel, 2014). Recent management studies (Leminen et al., 2012) emphasized the ecosystem approach stressing that the core IoT elements include the concept of “the ecosystem” and “the business model” as platforms, technologies and processes form the ecosystem core whereas the members of the ecosystem (companies, public institutions and individuals) create business models. This stretched concept of the IoT highlights the role of collaboration and networking between actors and alignment of institutions (Edvardsson et al., 2014).