A Hybrid Group Multi-Criteria Approach Based on SAW, TOPSIS, VIKOR, and COPRAS Methods for Complex IoT Selection Problems

Abstract

The growth of Internet of Things (IoT) systems is driven by their potential to improve efficiency, enhance decision-making, and create new business opportunities across various domains. In this paper, the main selection problems in IoT-type systems, criteria used in multi-criteria evaluation, and multi-criteria methods used for solving IoT selection problems are identified. Then, a Hybrid Group Multi-Criteria Approach for solving selection problems in IoT-type systems is proposed. The approach contains the Best Worst Method (BWM) weighting method, multi-criteria Simple Additive Weighting (SAW), Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS), VIseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR), and Complex Proportional Assessment Method (COPRAS), and a method that combines the solutions obtained using the four considered multi-criteria methods to obtain a single solution. The SAW, TOPSIS, VIKOR, and COPRAS methods were analyzed in relation to their advantages, disadvantages, inputs, outputs, measurement scale, type of normalization, aggregation method, parameters, complexity of implementation, and interactivity. An application of the Hybrid Group Multi-Criteria Approach for IoT platform selection and a comparison between the SAW, TOPSIS, VIKOR, and COPRAS solutions and the solution of the proposed approach is realized. A Spearman correlation analysis is presented.