The Internet of Things (IoT) recently developed from the far-away vision of ubiquitous computing into very tangible endeavors in politics and economy, implemented in expensive preparedness programs. Experts predict considerable changes in business models that need to be addressed by organizations in order to respond to competition. Although there is a need to develop strategies for upcoming transformations, organizational change literature did not turn to the specific change related to the new technology yet. This work aims at investigating IoT-related organizational change by identifying and classifying different change types. It therefore combines the methodological approach of grounded theory with a discussion and classification of identified change informed by a structured literature review of organizational change literature. This includes a meta-analysis of case studies using a qualitative, exploratory coding approach to identify categories of organizational change related to the introduction of IoT. Furthermore a comparison of the identified categories to former technology-related change is provided using the example of Electronic Business (e-business), Enterprise Resource Planning (ERP) systems, and Customer Relationship Management (CRM) systems. As a main result, this work develops a comprehensive model of IoT-related business change. The model presents two main themes of change indicating that personal smart things will transform businesses by means of using more personal devices, suggesting and scheduling actions of their users, and trying to avoid hazards. At the same time, the availability of information in organizations will further increase to a state where information is available ubiquitously. This will ultimately enable accessing real time information about objects and persons anytime and from any place. As a secondary result, this work gives an overview on concepts of technology-related organizational change in academic literature.