Conclusion
In recent years, the Internet of Things has been of prime interest to policy-makers and business owners as an emerging technology. Iran, as a transition economy from factor-driven to efficiencydriven economy, has shown increasing interest in IoT and has carried out some efforts in ITRC. This article categorized the Internet of Things technology development challenges in Iran into five categories, namely security and privacy challenges, legal and regulatory challenges, technological challenges, cultural challenges and business challenges which include 24 sub-factors. In the second phase, the importance and priority of these factors and sub-factors were identified using an integrated fuzzy ANP approach. According to experimental results, “technological challenges” and “privacy and security challenges” were ranked the two most important factors. Besides, the factors “cultural challenges” was ranked as the least significant factor. Among the sub-factors, however, the most important sub-factor which affects IoT technology development is “business model”. The sub-factors “architecture and design” and “education and training” are ranked 2nd and 3rd respectively. On the other hand, “conflict of interests” and “liability” were selected as the least important ones. Considering the results of this study, a series of suggestions are presented for future studies and practices. Considering the great importance of business models, it is suggested that new business models be analyzed by utilizing state of the art strategic frameworks. Saleability and reliability are at the heart of designing and implementing such business models. It is also essential not to neglect the basic dimensions, such as customers and ecosystem, in IoT business models.