Exploring the Full Potentials of IoT for Better Financial Growth and Stability: A Comprehensive Survey

Cutting-edge technologies, with a special emphasis on the Internet of Things (IoT), tend to operate as game changers, generating enormous alterations in both traditional and modern enterprises. Understanding multiple uses of IoT has become vital for effective financial management, given the ever-changing nature of organizations and the technological disruptions that come with this paradigm change. IoT has proven to be a powerful tool for improving operational efficiency, decision-making processes, overall productivity, and data management. As a result of the continuously expanding data volume, there is an increasing demand for a robust IT system capable of adeptly handling all enterprise processes.…