Impact of IoT on Business Decision-Making: A Predictive Analytics Approach

Abstract

To illustrate, the Internet of Things (IoT) has done an excellent job of changing the way business organizational decisions are made by making data available in unimaginable magnitudes. The following paper aims to identify and explain how IoT, with the help of predictive analytics, can improve BI and decision-making. This includes a discussion on several operational and customer cases, consideration of Artificial Intelligence and Machine Learning applications alongside the Internet of Things, and analysis of trends and developments of IoT. These are the core conclusions of IoT importance within real-time business, and related difficulties and tools for the improvement.