Determinants to Adopt Industrial Internet of Things in Small and Medium-Sized Enterprises

Abdullah Khanfor ()
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Abdullah Khanfor: Department of Computer Science, College of Computer Science & Information Systems, Najran University, Najran P.O. Box 1988, Saudi Arabia

Future Internet, 2024, vol. 16, issue 9, 1-19

Abstract: The Industrial Internet of Things (IIoT) enhances and optimizes operations and product quality by reducing expenses and preserving critical factory components. The IIoT can also be integrated into the processes of small and medium-sized enterprises (SMEs). However, several factors and risks have discouraged SMEs from adopting the IIoT. This study aims to identify the factors influencing IIoT adoption and address the challenges by conducting semi-structured interviews with experienced stakeholders in SME factories. Group quotations and thematic analysis indicate essential themes from these interviews, suggesting two primary categories, human- and machine-related factors, that affect implementation. The main human-related factor is the decision making of high-level management and owners to implement the IIoT in their plants, which requires skilled individuals to achieve IIoT solutions. Machine-related factors present several challenges, including device compatibility-, device management-, and data storage-associated issues. Comprehending and addressing these factors when deploying the IIoT can ensure successful implementation in SMEs, maximizing the potential benefits of this technology.

Keywords: Industrial Internet of Things; small and medium enterprises; thematic analysis (search for similar items in EconPapers)
JEL-codes: O3 (search for similar items in EconPapers)
Date: 2024
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