This document is an MBA thesis by Deepak Shivdutt Kandpal focusing on the Internet of Things (IoT) and its impact on industrial automation, arguing that IoT can lead to a smarter and more sustainable world. It includes literature reviews, research objectives, methodologies, and findings from interviews and surveys with industry professionals, emphasizing the challenges and benefits of integrating IoT in organizations. The thesis also outlines a business plan for adopting IoT strategies, highlighting the need for collaboration and investment in technology to achieve efficiency and sustainability.