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Research on Digital Transformation Path of Small and Medium-sized Enterprises from the Perspective of Internet of Things

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DOI: 10.23977/acccm.2024.060102 | Downloads: 25 | Views: 306

Author(s)

Cheng Zhang 1

Affiliation(s)

1 Faculty of Business Administration, University of Science and Technology Liaoning, Anshan, Liaoning, China

Corresponding Author

Cheng Zhang

ABSTRACT

Against the backdrop of the rapid growth of the digital economy, the digital economy is gradually transforming into a central theme of global industrial innovation and economic expansion. Modern digital information technologies, such as 5G, the Internet and the Internet of Things (IoT), have facilitated the rise of digital consumption methods and contributed to a large digital consumer market. As a result, digital transformation has become a strategic choice for companies to update their management style, improve their operations and gain competitive advantage in the future. The thesis combs the development status of digital transformation of small and medium-sized enterprises. Based on the theoretical perspective of the Internet of Things, it analyses the influencing factors of digital transformation of small and medium-sized enterprises. Accordingly, it proposes the path planning to promote the digital transformation of small and medium-sized enterprises. Combining the digital transformation of small and medium-sized enterprises (SMEs) with the theoretical perspective of the Internet of Things (IoT), it provides a new reference for SMEs to achieve digital transformation.

KEYWORDS

Internet of Things, Small or Medium Size Enterprise, Digital Transformation

CITE THIS PAPER

Cheng Zhang, Research on Digital Transformation Path of Small and Medium-sized Enterprises from the Perspective of Internet of Things. Accounting and Corporate Management (2024) Vol. 6: 9-16. DOI: http://dx.doi.org/10.23977/acccm.2024.060102.

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