What question did this study set out to answer?

To examine the integration of Internet of Things (IoT) technologies into asset management paradigms, focusing on tracking techniques, accounting, and implementation challenges.

April 21, 2024International Journal of Science and Research ArchiveOpen Access

IoT applications in asset management: A review of accounting and tracking techniques

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Authors

LOLawrence Damilare OyeniyiBarclays (United Kingdom)CUChinonye Esther Ugochukwu NMNoluthando Zamanjomane MhlongoCity of Cape Town

Discussion

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Implication

Systematic review reveals enhanced operational efficiency from IoT adoption in asset management, highlighting technical and organizational barriers to implementation.

Key Points

To examine the integration of Internet of Things (IoT) technologies into asset management paradigms, focusing on tracking techniques, accounting, and implementation challenges.
Conducted a systematic literature review to synthesize empirical and conceptual literature on IoT integration in asset management.
Applied a qualitative research methodology to evaluate operational outcomes, technical roadblocks, and organizational barriers.
Identified qualitative improvements in asset utilization rates and operational efficiency across documented IoT deployment cases.
Characterized multifaceted adoption barriers, including technical integration difficulties, inter-organizational friction, and cultural resistance to new workflows.
Determined that overcoming integration hurdles requires strategic alignment, inter-organizational collaboration, and robust data management frameworks.

Cite This Study

Oyeniyi et al. (2024) studied this question.

synapsesocial.com/papers/6a02379f8b14fde368dcf522 https://doi.org/10.30574/ijsra.2024.11.2.0640

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Implication

Systematic review reveals enhanced operational efficiency from IoT adoption in asset management, highlighting technical and organizational barriers to implementation.

IoT applications in asset management: A review of accounting and tracking techniques

Discussion

Member takes

Implication

Key Points

Cite This Study

IoT applications in asset management: A review of accounting and tracking techniques

Discussion

Member takes

Implication

Key Points

Cite This Study

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