Big Data and IoT Opportunities for Small and Medium-Sized Enterprises (SMEs)

Authors: Selamat, S.A.M., Prakoonwit, S., Sahandi, R. and Khan, W.

Editors: Kaur, G. and Tomar, P.

http://eprints.bournemouth.ac.uk/32001/

https://www.igi-global.com/chapter/big-data-and-iot-opportunities-for-small-and-medium-sized-enterprises-smes/224264

Pages: 77-88

Publisher: IGI Global

Place of Publication: Hershey, PA, USA

ISBN: 9781522574323

DOI: 10.4018/978-1-5225-7432-3

The advancement of technology and emergence of internet of things (IoT) has exponentially caused a data explosion in the 21st century era. As such, the arrival of IoT is set to revolutionize the development of the small and medium-sized enterprise (SME) organizations by shaping it into a more universal and integrated ecosystem. Despite evidential studies of the potential of advanced technologies for businesses, the SMEs are apprehensive towards new technologies adoption such as big data analytics and IoT. Therefore, the aim of this chapter is to provide a holistic study of big data and IoT opportunities, challenges, and applications within the SMEs context. The authors hope that the outcome of this study would provide foundational information on how the SMEs can partake with the new wave technological advancement and in turn, spurring more SMEs for adoption.

Authors: Sahandi, M., Prakoonwit, S., Khan, W. and Selamat, S.A.M.

http://eprints.bournemouth.ac.uk/32001/

Pages: 77-88

Publisher: IGI Global

DOI: 10.4018/978-1-5225-7432-3.ch005

The advancement of technology and emergence of internet of things (IoT) has exponentially caused a data explosion in the 21st century era. As such, the arrival of IoT is set to revolutionize the development of the small and medium-sized enterprise (SME) organizations by shaping it into a more universal and integrated ecosystem. Despite evidential studies of the potential of advanced technologies for businesses, the SMEs are apprehensive towards new technologies adoption such as big data analytics and IoT. Therefore, the aim of this chapter is to provide a holistic study of big data and IoT opportunities, challenges, and applications within the SMEs context. The authors hope that the outcome of this study would provide foundational information on how the SMEs can partake with the new wave technological advancement and in turn, spurring more SMEs for adoption.

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