The third-wave of IT competition have embraced a promising market of low cost, high performance smart, connected products (SCP). Owing to their unique capabilities, SCPs together with their generated smart services, as a solution bundle can fulfil the everchanging individual user’s needs. Meanwhile, manufacturers/service providers leverage massive user generated data and product sensed data via the Internet-of-Things (IoT) for evergreen design innovation. This emerging IT-driven transdisciplinary engineering paradigm is named Smart Product-Service Systems (Smart PSS), which is an ecosystem consisting of various stakeholders as the key players for open innovation (social aspect), intelligent systems as the infrastructure to enable smartness ...