Exploring the Full Potentials of IoT for Better Financial Growth and Stability: A Comprehensive Survey

Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-cha...

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Published inSensors (Basel, Switzerland) Vol. 23; no. 19; p. 8015
Main Authors Allioui, Hanane, Mourdi, Youssef
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 22.09.2023
MDPI
Subjects
artificial intelligence
business
Computer industry
Computer software industry
Decision-making
Empowerment
financial growth
Financial management
Global economy
Industry 4.0
Information management
Innovations
Internet
Internet of Things
management
Review
Technology adoption
United States
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Abstract Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-changing nature of organizations and the technological disruptions that come with this paradigm change. IoT has proven to be a powerful tool for improving operational efficiency, decision-making processes, overall productivity, and data management. As a result of the continuously expanding data volume, there is an increasing demand for a robust IT system capable of adeptly handling all enterprise processes. Consequently, businesses must develop suitable IoT architectures that can efficiently address these continually evolving requirements. This research adopts an incremental explanatory approach, guided by the principles of the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA). A rigorous examination of 84 research papers has allowed us to delve deeply into the current landscape of IoT research. This research aims to provide a complete and cohesive overview of the existing body of knowledge on IoT. This is accomplished by combining a rigorous empirical approach to categorization with ideas from specialized literature in the IoT sector. This study actively contributes to the ongoing conversation around IoT by recognizing and critically examining current difficulties. This, consequently, opens new research possibilities and promotes future developments in this ever-changing sector.
AbstractList Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-changing nature of organizations and the technological disruptions that come with this paradigm change. IoT has proven to be a powerful tool for improving operational efficiency, decision-making processes, overall productivity, and data management. As a result of the continuously expanding data volume, there is an increasing demand for a robust IT system capable of adeptly handling all enterprise processes. Consequently, businesses must develop suitable IoT architectures that can efficiently address these continually evolving requirements. This research adopts an incremental explanatory approach, guided by the principles of the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA). A rigorous examination of 84 research papers has allowed us to delve deeply into the current landscape of IoT research. This research aims to provide a complete and cohesive overview of the existing body of knowledge on IoT. This is accomplished by combining a rigorous empirical approach to categorization with ideas from specialized literature in the IoT sector. This study actively contributes to the ongoing conversation around IoT by recognizing and critically examining current difficulties. This, consequently, opens new research possibilities and promotes future developments in this ever-changing sector.
Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-changing nature of organizations and the technological disruptions that come with this paradigm change. IoT has proven to be a powerful tool for improving operational efficiency, decision-making processes, overall productivity, and data management. As a result of the continuously expanding data volume, there is an increasing demand for a robust IT system capable of adeptly handling all enterprise processes. Consequently, businesses must develop suitable IoT architectures that can efficiently address these continually evolving requirements. This research adopts an incremental explanatory approach, guided by the principles of the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA). A rigorous examination of 84 research papers has allowed us to delve deeply into the current landscape of IoT research. This research aims to provide a complete and cohesive overview of the existing body of knowledge on IoT. This is accomplished by combining a rigorous empirical approach to categorization with ideas from specialized literature in the IoT sector. This study actively contributes to the ongoing conversation around IoT by recognizing and critically examining current difficulties. This, consequently, opens new research possibilities and promotes future developments in this ever-changing sector.Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-changing nature of organizations and the technological disruptions that come with this paradigm change. IoT has proven to be a powerful tool for improving operational efficiency, decision-making processes, overall productivity, and data management. As a result of the continuously expanding data volume, there is an increasing demand for a robust IT system capable of adeptly handling all enterprise processes. Consequently, businesses must develop suitable IoT architectures that can efficiently address these continually evolving requirements. This research adopts an incremental explanatory approach, guided by the principles of the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA). A rigorous examination of 84 research papers has allowed us to delve deeply into the current landscape of IoT research. This research aims to provide a complete and cohesive overview of the existing body of knowledge on IoT. This is accomplished by combining a rigorous empirical approach to categorization with ideas from specialized literature in the IoT sector. This study actively contributes to the ongoing conversation around IoT by recognizing and critically examining current difficulties. This, consequently, opens new research possibilities and promotes future developments in this ever-changing sector.
Audience Academic
Author Mourdi, Youssef
Allioui, Hanane
AuthorAffiliation 1 ESCA Ecole de Management, Casablanca 20250, Morocco
2 Polydisciplinary Faculty Safi, Cadi Ayyad University, Safi 46000, Morocco
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  givenname: Youssef
  surname: Mourdi
  fullname: Mourdi, Youssef
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Snippet Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both...
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SubjectTerms artificial intelligence
business
Computer industry
Computer software industry
Decision-making
Empowerment
financial growth
Financial management
Global economy
Industry 4.0
Information management
Innovations
Internet
Internet of Things
management
Review
Technology adoption
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Title Exploring the Full Potentials of IoT for Better Financial Growth and Stability: A Comprehensive Survey
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https://pubmed.ncbi.nlm.nih.gov/PMC10574902
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Volume 23
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