Internet of Things (IoT) Exploratory Analysis in Strategic Management

Ramachandran K.K.; Kumar M.A.S.; Singh R.; Barve A.; Pillai B.G.; Gonzales J.L.A. · Proceedings of the 17th INDIACom; 2023 10th International Conference on Computing for Sustainable Global Development, INDIACom 2023 (2023)

Resumen

Since more and more aspects of life are rapidly becoming digital, the notion of the Internet of Things is rapidly gaining ground in research and practical implementation. The expanding scholarly interest has led to a fragmented and broken literary environment. This essay discusses crucial but little-examined research issues related to the Internet of Things and strategic management. With a focus on the commercial application of the IoT and associated research, we use an exploratory research approach. We also thoroughly review the literature in the areas of the IoT, strategic management, and sustainable growth strategy. We notably conduct in-depth one-on-one interviews to determine IoT intrinsic innovative features in order to examine the process of linking these traits to innovation-driving channels. Significant theoretical and practical repercussions follow from the results. The research results provide suggestions for creating effective innovation in reaction to the IoT sector for long-term viability.