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Impact of IOT (Internet of Things) on Business Operation and Decision Making
Author Name : Dhanya. K, Dr. K. Ravi Kumar
ABSTRACT The advent of the Internet of Things (IoT) has revolutionized business operations and decision-making processes across industries. This article explores the transformative impact of IoT on enhancing efficiency, driving innovation, and empowering decision-makers through data-driven insights. By analyzing existing literature and research methodologies, this study aims to elucidate the multifaceted role of IoT in reshaping the business landscape and fostering sustainable growth. The Internet of Things (IoT) has revolutionized the way businesses operate by providing unprecedented access to real-time data. This paper explores the integration of IoTgenerated data into business operations and its effect on decision making. Through a comprehensive analysis, it examines how leveraging IoT data enhances the decision-making process. Furthermore, it assesses the effectiveness of IoT-enabled decision making in enhancing business agility and competitiveness. By synthesizing current research and case studies, this paper elucidates the pivotal role of IoT in transforming business operations and driving strategic decision making in today's dynamic marketplace.