Autor: Sophia Gross-Fengels

Recently, a great number of articles, book chapters, conference proceedings, and essays have been published, concerning the fourth industrial revolution or the internet of things. Unfortunately, extent and meaning of these terms become more and more unclear. Thus, a thorough understanding is necessary. Although a lot of studies are carried out to analyze potentials and threats of implementing respective elements into business, it is essential to compare expert’s perception with existing notions. In this work, both a quantitative analysis and a qualitative analysis were undertaken to identify several factors inhibiting or stimulating a further usage, by using a TOE framework. The results of both the survey and the interviews with several experts are explained in detail, and summed up into a statement of future prospects.