Review of Digitalization using IoT Maturity Models: The Case of American Automotive SMEs

Abstract

This study aims to review studies related to IoT maturity models in manufacturing systematically. Digitalization is vital for small and medium enterprises (SMEs) to retain a competitive advantage, reduce their operational expenses, and compete with larger firms in their respective market. Globally IoT-induced transformation in manufacturing has been significant. Due to the lack of resources, American Automotive SMEs have not been farsighted with regards to digitalization but benefits like improved workflows, efficiencies, reduced overheads, and value creation make it beneficial and invaluable to customers. This paper reviews the state of IoT applications in American Automotive SMEs using the assessment provided by the IoT maturity model.