2017
DOI: 10.15547/tjs.2017.s.01.068
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The great impact of internet of things on business

Abstract: Internet of things (IoT) -the new paradigm has a great impact on different areas like industry, health, education, agriculture, farming and many others and its main functions are to make our life easier and more comfortable. Implementing this new technology in any business model has advantages but also all the players (companies, governments and consumers) in this field should be aware of some challenges and threats like privacy, security and standardization. The article aims to explore how IoT changes the way… Show more

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Cited by 22 publications
(8 citation statements)
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References 6 publications
(4 reference statements)
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“…This technology offers organizations and companies huge business value in fields such as industry, health, agriculture, education, and tourism [ 5 ]. Therefore, it provides opportunities to several parties (consumers, companies, and governments) to benefit from this technology’s features and advantages.…”
Section: Introductionmentioning
confidence: 99%
“…This technology offers organizations and companies huge business value in fields such as industry, health, agriculture, education, and tourism [ 5 ]. Therefore, it provides opportunities to several parties (consumers, companies, and governments) to benefit from this technology’s features and advantages.…”
Section: Introductionmentioning
confidence: 99%
“…Teniendo en cuenta lo anterior, el IoT al ser implementado en los negocios aporta ventajas en comunicación, gracias a la cantidad de objetos conectados y las redes de comunicación; tener mayor control y automatización de sus procesos y clientes, ahorrar costos asociados al tiempo, recursos y de dinero; debido a que con el uso de esta tecnología se reducen tiempos de respuesta y labores humanas, mayores oportunidades de ingresos y crear nuevos modelos de negocio. Esto se genera a partir de la oferta digital y sin olvidar que la experiencia de los clientes mejora notablemente, debido a la unificación y sinergia dadas a través de los diversos canales de atención a los que pueden acceder (Angelova et al, 2017;SAS Institute Inc, 2019).…”
Section: Internet De Las Cosas Y Sus Implicacionesunclassified
“…Both sides need to be attentive to utilizing open communication channels to convey their ideas as effectively as possible (Wang et al, 2015). Being united by the intended results, academics and practitioners tend to value their cooperation since it can bring them in the desired direction (Angelova, Kiryakova, and Yordanova, 2017). The successful completion of particular projects involving IoT tools is the utmost objective of academics and practitioners, who might need a sufficient amount of time to reassess the strategic options for a meaningful change.…”
Section: Collaboration Between Academics and Practitioners In Developing Iot Toolsmentioning
confidence: 99%