• Ruhi Kiran Bajaj
• Madhuri Rao

Abstract: Internet of Things (IoT) technology promises to offer tremendous opportunities for all industry sectors. It is a big source of innovative business models for industries, which results in improved productivity and increase in revenue, thereby reducing the operational cost and enabling better control over business. This research aims to investigate the factors influencing IoT adoption by Indian enterprises and endeavours to develop and test the conceptual model based on a Technology-Organization-Environment (TOE) framework. Structural Equation Modeling (SEM) has been used to analyse the data collected from industry professionals. The results have shown that IoT- expertise, Perceived- usefulness, Level of Awareness, Funding and Government Support are not significant factors that impact IoT adoption. From a supporting factor perspective, Standardisation and interoperability, Infrastructural Challenges, Level of Preparedness, Top management support, Willingness to change and Supporting Industries have exhibited a significant and positive impact on IoT adoption. This research may help the top management and policy makers of industries in their decision making process on IoT adoption.

IoT, Indian Enterprises, IoT Adoption, SEM, TOE

"Research on Factors Impacting the Adoption of Internet of Things (IoT) by Indian Enterprises", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.718-725, November-2018, Available :http://www.jetir.org/papers/JETIR1811793.pdf

"Research on Factors Impacting the Adoption of Internet of Things (IoT) by Indian Enterprises", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp718-725, November-2018, Available at : http://www.jetir.org/papers/JETIR1811793.pdf