The Impact Of The Internet Of Things (Iot) On Innovation And Knowledge Management Capacity

Abstract

This research project primarily focuses upon Internet of Things (IoT), which is really a concept that envisions a world in which every day physical objects shall be transformed with modern technological concepts, ensuring a complete transformation of human society. However, the impact of IoT is something that is crucially related to in terms of pointing out the crucial aspects and assertions in terms of pointing out all the relevant possibilities and significance. The relevant points that are most critically fashioned involve the crucial involvement of innovation and knowledge management. These two factors are applied in terms of organizations or firms who are likely to develop IoT technology outcomes. This essentially relates to the pursuit of the different conditions and factors all across the board, and it has been determined in literature that both innovation and knowledge management are intrinsically related to one another. It contributes to the overall perceptions based upon which relevant outcomes and results would be delivered. In that vein, contextualizing IoT is related by organizations or firms pursuing knowledge management in order to increase and strengthen capacities, which might be pursued in terms of established factors or innovate by themselves. Innovation extends to a great deal of possibilities that would be highlighted in terms of pointing out the overall outcomes that would be associated with continuous and advantageous possibilities with IoT