Extracting value from the Internet of Things

Editor's Notes

1. Extracting value from the Internet of Things
2. Leaders embracing the IoT are gaining new value Transforming business Accelerating innovation Enhancing operations Improving engagement Improve product development, Optimize asset performance, Increase operational efficiency, Deliver new business models, Gain real-time responsiveness, Explore new revenue opportunities
3. Disruptors are utilizing the Internet of Things and recomposing their businesses by digital transformation New channels and business models - New apps are consolidating data and capabilities to engage new audiences Digital innovation - New innovations are composed leveraging digital services from a broad ecosystem Real-time insight-driven processes - Insight from nontraditional sources of data is being infused in business processes to create new business moments
4. IoT is a tremendous growth opportunity that is revolutionizing the market Unlock new revenue from existing products or services Inspire new working practices or processes Change or create new business model or strategy
5. There are many different ways to unlock the potential of the Internet of Things. Here are four key areas that are enabling IoT transformation. Industry-specific transformations Applications and solutions Platforms Devices and networks
6. Industry-specific transformations Transform your business model with industry-specific packaged offerings that include strategic consulting and business process changes.
7. Industry-specific transformations Industry lens IoT solutions are unique by industry Make sure you find the one that’s right for yours IoT for Automotive IoT for Aviation IoT for Chemicals and Petroleum IoT for Electronics IoT for Heavy Industry
8. Applications and solutions Combined capabilities and services for specific IoT solutions reduce complexity and risks.
9. Applications and solutions are catalysts for IoT innovation Developing Internet of Things applications and solutions can be complex, but it is key to IoT innovation. You don’t have to start from square one.
10. Platforms Enterprises need a platform that supports the programming and process tools needed to securely and robustly make the leap to IoT.
11. Platforms An IoT platform needs to be Trusted - Known for enterprise-grade security and privacy Integrated - Robust ties with clients’ systems of record Reliable - Regulatory, compliant and auditable Flexible - Integrated on-premises, hybrid and cloud solutions Global - Worldwide hosting footprint
12. Devices and networks Hardware, networking and operating systems infrastructure connect devices and sensors into platforms that can extract usable data.
13. Devices and networks Interoperability, security and scalability via open source and open standards is key to ensuring devices and networks are agnostic to allow open development of the IoT Hybrid Networks, connectivity & protocols, Security/privacy, Gateways, Devices
14. To find out how you can extract value from the IoT, check out this recent IBV study http://ibm.co/1OLmhJW