Paper Title
The Internet of Things (Iot): Applications, Investments, and Challenges for Enterprises
Abstract
The rise of the Internet of Things (IoT) has triggered changes, in industries offering improved efficiency data
informed decision making and fresh business models. This document explores the world of IoT looking into its uses
investment prospects and obstacles faced by businesses. By conducting a review of existing literature, we shed light on the
state of IoT technologies by analyzing recent studies and publications. Our approach involves an examination of trends in
adoption strategies for evaluating investments and the main challenges encountered during IoT implementation. We delve
into the range of applications for IoT in sectors like retail, manufacturing and healthcare spotlighting technologies and
successful case studies. Additionally, we evaluate investment opportunities in technologies by comparing methods such as
Net Present Value (NPV) and Real Option Approach to assess investments. The document also addresses hurdles related to
data management issues, privacy risks, security vulnerabilities and the complexities of interconnected networks. We wrap up
with a summary of insights from our research findings along with recommendations, for enterprises looking to navigate the
evolving landscape of IoT.
Keywords - Internet of Things (IoT), IoT applications, Investment evaluation, Real option approach, Data management,
Privacy concerns, Security vulnerabilities, Enterprise challenges, IoT adoption trends, Technological innovation