SWOT Analysis of Internet of Things in the Library and Information Science Environment

SWOT Analysis of Internet of Things in the Library and Information Science Environment

DOI: 10.4018/978-1-5225-9825-1.ch001
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Abstract

Internet of things (IoT) is emerging as a prominent phenomenon in every domain including library and information science. Thus, this study aims to define the internet of things (IoT) concept and further conducts the SWOT analysis of internet of things (IoT) in connection to the library and information science domain in order to know the different insights of the internet of things (IoT). This study may be useful for knowing the different aspects of the internet of things (IoT) phenomena.
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Introduction

In this technology-driven era, Internet has become a superpower and made everything online as well as enable to the users to send and access information or resources anywhere and anytime in real-time mode with the help of human, computer and internet technologies. But, nowadays, Internet of Things (IoT) has come up as the big thing and latest addition in internet sphere and considering as a most prominent technology owing to reasons of connecting and communicating to the large numbers of devices and is presenting deeper impact not only in different disciplines including library and information science but also daily life of the people. Internet of Things (IoT) is also considered as a new version of the Internet and provide facilities to connect the so many things or objects and enabled them to communicate each other automatically without a human in real time mode through a single device or server or interface. Therefore, the library and information science professionals are attracting towards the Internet of Things (IoT) phenomena and getting familiar as well as thinking seriously towards how Internet of Things (IoT) technology can be adopted, implemented and utilized in the library and information science domain and can be supported by library and information science professionals. Thus, for proper understanding and making maximum usages of Internet of Things (IoT) technology in library and information science domain, the library and information science professionals must know about the internal and external issues as well as other insights of the Internet of Things (IoT) concept in the real situation. To measure the various potentials and other insights of the Internet of Things (IoT) technology, SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis can be considered to be an effective and appropriate instrument. (Humphrey, 2005) added that the framework of SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis was developed between the 1960s and 1970s at Stanford Research Institute in the USA, to analyze the business data of fortune 500 companies. A SWOT analysis may be defined as a framework that can be used to identify the insights from the different angles for the particular product, concept, project, place, person etc. Hence, SWOT analysis may be very helpful in making strategic planning, decision making, and to identify other insights in order to understand and implement a product, concept, project etc. successfully for various purposes. Thus, an effort through this study has made for conducting a SWOT analysis of Internet of Things (IoT) for understanding, participating, adopting, implementing, utilizing and supporting Internet of Things (IoT) technology in the library and information science domain.

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