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Operate a Property Portfolio?
10 Steps to Creating your own IoT Strategy
The
INTERNET
OF THINGS
WILL
TRANSFORM
the way we
operate
and manage
our property
portfolios
But with so many different technologies and properties,
Where precisely do we Start?
STEP 1
STRATEGY STARTS
WITH CLEAR GOALS
Align your IoT Strategy to support
your corporate goals. Identify
areas that lack meaningful data
and explore ways IoT can add new
insights to that specific area.
STEP 2
TO MAXIMISE IOT,
BE PREPARED TO
LEVERAGE THE DATA
Focus your IoT Strategy to generate
data that is easy to access, available
in real time, targets major parts of
your portfolio and gives you greater
ability to apply follow-up action.
STEP 3
HAVE CLEAR AND RELEVANT
METRICS AND BENCHMARKS
Set similar metrics and benchmarks so
measuring the effectiveness of your IoT
Strategy aligns with your portfolio activities.
STEP 4
KEEP YOUR EYE ON THE PRIZE
Categorise each property type, identify the
gap between poor and best performing
properties and focus on the biggest
opportunities across the entire portfolio.
STEP 5
OBTAIN EARLY STAKEHOLDER SUPPORT
Clearly paint the big picture and outline the opportunity. Start with small and clear
outcomes and propose a small low risk pilot to prove the learnings.
STEP 6
SCOPE UP A VERY NARROW AND FOCUSED PILOT
Focus on demonstrating benefits. Avoid detailed discussions on
infrastructure, security and corporate risk and set clear
expectations on what’s required from stakeholders.
STEP 7
OPERATE WITH SPEED,
SIMPLICITY AND SCALABILITY
Remove anything that doesn’t support these
three core rules and if necessary, be prepared
to pay slightly more for clear pilot outcomes.
STEP 8
DON’T BE DISTRACTED BY
THE NOVELTY DEVICES
New IoT technologies are created
everyday promising new wonderful
features. Don’t be distracted by this,
focus on reaching the outcome.
STEP 9
THE VALUE OF DATA WILL NEVER BE GREATER THAN THE
ORGANISATION’S DATA MATURITY
Data is a prominent source of disruption and enabler for optimisation. If you are
not investing in your own data maturity and capabilities, you will get left behind.
STEP 10
COMBINE SOLID
SHORT TERM
FOCUS WITH
AMBITIOUS LONG
TERM GOALS
IoT should be viewed as a
long term journey where
maximising its value
includes gradually
building your internal
skills and capabilities.
Intellink is a pioneering technology services
company specialising in delivering expert Internet
of Things and Big Data solutions to the property
industry and coaching clients to implement
strategies that maximise performance across their
property portfolios.
If you’re interested in the eBook covering each of
these steps in greater detail, download it for free
at http://intellink.com.au/free-ebook/ or contact
us on info@Intellink.com.au.
DOWNLOAD YOUR FREE EBOOK

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Operate a Property Portfolio? 10 Steps to creating your own IoT Strategy.

  • 1. Operate a Property Portfolio? 10 Steps to Creating your own IoT Strategy
  • 2. The INTERNET OF THINGS WILL TRANSFORM the way we operate and manage our property portfolios
  • 3. But with so many different technologies and properties, Where precisely do we Start?
  • 4. STEP 1 STRATEGY STARTS WITH CLEAR GOALS Align your IoT Strategy to support your corporate goals. Identify areas that lack meaningful data and explore ways IoT can add new insights to that specific area.
  • 5. STEP 2 TO MAXIMISE IOT, BE PREPARED TO LEVERAGE THE DATA Focus your IoT Strategy to generate data that is easy to access, available in real time, targets major parts of your portfolio and gives you greater ability to apply follow-up action.
  • 6. STEP 3 HAVE CLEAR AND RELEVANT METRICS AND BENCHMARKS Set similar metrics and benchmarks so measuring the effectiveness of your IoT Strategy aligns with your portfolio activities.
  • 7. STEP 4 KEEP YOUR EYE ON THE PRIZE Categorise each property type, identify the gap between poor and best performing properties and focus on the biggest opportunities across the entire portfolio.
  • 8. STEP 5 OBTAIN EARLY STAKEHOLDER SUPPORT Clearly paint the big picture and outline the opportunity. Start with small and clear outcomes and propose a small low risk pilot to prove the learnings.
  • 9. STEP 6 SCOPE UP A VERY NARROW AND FOCUSED PILOT Focus on demonstrating benefits. Avoid detailed discussions on infrastructure, security and corporate risk and set clear expectations on what’s required from stakeholders.
  • 10. STEP 7 OPERATE WITH SPEED, SIMPLICITY AND SCALABILITY Remove anything that doesn’t support these three core rules and if necessary, be prepared to pay slightly more for clear pilot outcomes.
  • 11. STEP 8 DON’T BE DISTRACTED BY THE NOVELTY DEVICES New IoT technologies are created everyday promising new wonderful features. Don’t be distracted by this, focus on reaching the outcome.
  • 12. STEP 9 THE VALUE OF DATA WILL NEVER BE GREATER THAN THE ORGANISATION’S DATA MATURITY Data is a prominent source of disruption and enabler for optimisation. If you are not investing in your own data maturity and capabilities, you will get left behind.
  • 13. STEP 10 COMBINE SOLID SHORT TERM FOCUS WITH AMBITIOUS LONG TERM GOALS IoT should be viewed as a long term journey where maximising its value includes gradually building your internal skills and capabilities.
  • 14. Intellink is a pioneering technology services company specialising in delivering expert Internet of Things and Big Data solutions to the property industry and coaching clients to implement strategies that maximise performance across their property portfolios. If you’re interested in the eBook covering each of these steps in greater detail, download it for free at http://intellink.com.au/free-ebook/ or contact us on info@Intellink.com.au. DOWNLOAD YOUR FREE EBOOK