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IoT Impact on SMEs: A Comprehensive Study

This document provides an introduction and outline for a study on how small and medium enterprises can utilize Internet of Things (IoT) technology. The study aims to understand how IoT can help enterprises control systems remotely, get continuous feedback to fix issues quickly, and integrate different internal and external networking technologies. Primary research will include customer interviews and observations, while secondary sources like news, articles, and company websites will also provide data. The collected data will be analyzed to understand how IoT impacts small businesses. Recommendations will then be presented based on the analysis findings. The goal is to explore how IoT can create business value for small and medium enterprises.

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80 views4 pages

IoT Impact on SMEs: A Comprehensive Study

This document provides an introduction and outline for a study on how small and medium enterprises can utilize Internet of Things (IoT) technology. The study aims to understand how IoT can help enterprises control systems remotely, get continuous feedback to fix issues quickly, and integrate different internal and external networking technologies. Primary research will include customer interviews and observations, while secondary sources like news, articles, and company websites will also provide data. The collected data will be analyzed to understand how IoT impacts small businesses. Recommendations will then be presented based on the analysis findings. The goal is to explore how IoT can create business value for small and medium enterprises.

Uploaded by

UDay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

A SYNOPSIS on

‘’A STUDY ON INTERNET OF THINGS (IOT) AT SMALL AND MEDIUM


ENTERPRISES’’
Submitted in partial fulfillment of the requirement for the

Award of the Degree of


“MASTER OF BUSINESS ADMINISTRATION”

of
BANGALORE CENTRAL UNIVERSITY

Submitted by: DAYANANDA NAIK B N

Reg No: MB182814

Under The Guidance Of

Dr. Kamala Sunganthi

VIVEKANANDA INSTITUTE OF MANAGEMENT


Dr. Rajkumar road Rajajinagar Bangalore 560055
2019-2020
TITEL OF THE STUDY

‘‘A STUDY ON INTERNET OF THINGS (IOT) AT SMALL AND MEDIUM


ENTERPRISES’’

Introduction

In every organization customer’s satisfactions is the Maine objective for the long –time survival
in highly competitive market. The customers also have the verity of the choices in their
purchasing of products .the customers utilization of internet are also increasing day by day.
Internet of Things (IOT) is the networking of physical objects that contain electronics
embedded within their architecture in order to communicate and sense interactions amongst each
other or with respect to the external environment. In the upcoming years, IOT-based technology
will offer advanced levels of services and practically change the way people lead their daily
lives. Advancements in medicine, power, gene therapies, agriculture, smart cities, and smart
homes are just a very few of the categorical examples where IOT is strongly established.

The Internet of Things (or IOT, for short) refers to a network of every day, usually household
objects, which are all connected to the internet, to other devices smart phones and tablets, and to
each other. These objects usually have some form of advanced technology within them to help
them not only connect to this network but to interact with and respond to their environments.

STATEMENT OF THE PROBLEM:

If the internet of things has a problem or is exposed to weaknesses then the enterprises that are
connected to it are equally threatened. In fact, while security is undoubtedly one of the major
issues impacting the development that stem directly from this study.
NEED FOR THE STUDY:

The main purpose of internet connected devices has been to enable people to communicate with
each other and to access online data on processes. The main purpose of IoT devices is to generate
real-time data that we can then analyze and use to create desired business outcomes.

OBJECTIVES OF THE Study

 To control and monitor any operating system


 To get Continuous feedback on escalations to fix bugs faster
 To use different inner and outer network technologies

RESEARECHS METHODOLOGY

TOOLS DATA COLLECATION

SOURCES OF DATA

 Primary data

Primary Data will be collected by interacting with the customers and by observing them.

1 Interview 2 Observations.

 SECONDARY DATA

Secondary data which is already existing information.

 News papers and books


 website
 company website
 Articles

PLAN OF ANALYSIS
The data which is collected through interview and observation and with the help of secondary
data, will be theoretically analyzed which will be used for the presentation of research. Based
on the analysis findings, suggestions and conclusion will be given.

SIGNATURE OF GUIDE SIGNATURE OF STUDENT

(Dr. S. KAMALA SUNGANTHI) (DAYANANDA NAIK B N)

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