Abstract

This article aims to examine and understand the effect of the Internet of Things (IoT) as an element of recent technologies on the performance of companies in the Lebanese Industry. It tackles the availability of infrastructure and the willingness of managers to shift their traditional methods of operations to new ways of work. Moreover, the objective of the study was to understand the impact of this system on operational efficiency and the challenges associated with its implementation. To properly examine the stated problem, interviews were conducted with managers to gather qualitative data to assess the situation. A sample of twelve Lebanese companies that sell goods and services was carefully chosen for the study. The research problem was specified, some research questions were asked, and some hypotheses were tested. After analyzing the data gathered, a clear conclusion was made that the integration of the IoT has a significant effect on companies’ performance.