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Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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This SlideShare summarizes original and secondary research, and economic analysis to provide a roadmap for maximizing value from IoT investments. This will explain why the combination of edge computing/analytics and data center/cloud is essential to driving actionable insights that produce improved business outcomes.

This SlideShare summarizes original and secondary research, and economic analysis to provide a roadmap for maximizing value from IoT investments. This will explain why the combination of edge computing/analytics and data center/cloud is essential to driving actionable insights that produce improved business outcomes.

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Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

  1. 1. Focus on Capturing Insights, Not on Connecting Things, To Attain IoT Value #DataAnalytics
  2. 2. This SlideShare summarizes original and secondary research, and economic analysis to provide a roadmap for maximizing value from IoT investments. This will explain why the combination of edge computing/analytics and data center/cloud is essential to driving actionable insights that produce improved business outcomes. Research includes 1,230 IT/OT executive respondents from 16 countries consisting of 7 IoT-intensive industries. #DataAnalytics
  3. 3. The primary value that IoT creates is a direct result of the data that can be captured from connected things — and the resulting insights that drive business and operational transformation. #DataAnalytics
  4. 4. IoT is an enabler of the Internet of Everything (IoE) ecosystem, which incorporates people in addition to data, process, and things. #DataAnalytics
  5. 5. The people component of IoE typically fuels a variety of collaboration- based solutions. IoT-driven solutions, on the other hand, comprise data, process, and things, but not people. #DataAnalytics
  6. 6. When asked in which area the executives needed to improve the most to make effective use of IoT solutions, 40% said data. #DataAnalytics
  7. 7. 88% of surveyed executives say that during the next 5 years, the IoT will impact their amount of data traffic either somewhat or significantly. #DataAnalytics
  8. 8. #DataAnalytics When business processes align with new IoT solutions, IoT delivers real value
  9. 9. #DataAnalytics The Internet of Things (IoT) presents private and public sector organizations with an unprecedented opportunity to drive new sources of value — including the potential to automate up to 50 percent of manual processes.
  10. 10. IoT solutions have a growing role in business transformation. Here’s how the executives voted per industry: #DataAnalytics 39% 15% 13% 13% 8% 8% 5%
  11. 11. #DataAnalytics This value will come to those who focus on improving their data capabilities (integration, automation, and analysis) and overall process agility — not to those who simply connect the most devices to the network.
  12. 12. #DataAnalytics Success requires new workforce skills, effective teaming between IT and OT, an extended partner ecosystem, and a platform approach.
  13. 13. #DataAnalytics Edge computing helps ensure that the right processing takes place at the right time and place
  14. 14. #DataAnalytics 37% of surveyed executives say that 3 years from now, most data generated by IoT solutions will be processed at the edge (mobile devices, appliances, routers).
  15. 15. #DataAnalytics When organizations optimize their processes for IoT, they can achieve a number of important business outcomes, including: • Enhanced quality of products and services • Reduced costs with OpEx savings • Improved decision-making • Faster innovation
  16. 16. Learn more about how your business can focus on capturing insights, not on connecting things, to attain IoT value: #DataAnalytics Share this SlideShare Learn moreRead the blogExplore the findings

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