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How to take the internet of things to a market of one
1.
HOW TO TAKE
THE INTERNET OF THINGS TO A MARKET OF ONE Create and deliver new experiences directly tuned to customer needs. Paul Caples – Business Development Manager
2.
Most people agree that
the Internet of Things (IoT) is poised for explosive growth.
3.
But understanding where the
biggest opportunities lie remains elusive.
4.
Disruption is occurring across
all industries.
5.
Think of new
digitally-enabled businesses like...
6.
They use cloud
services that lower the costs of entry for connected products.
7.
There’s an app for
that “ “ ? And they deliver to consumer expectations of
8.
That’s where the biggest opportunities lie:
creating and delivering new experiences for customers.
9.
It starts with getting
the relationship right.
10.
Delivering a seamless experience that can
be tuned directly to what your customer needs...
11.
...will enhance your brand
and deliver to a market of one principle.
12.
Get it wrong
for that customer, while a competitor gets it right, and you can say goodbye.
13.
What will win
you share of wallet?
14.
Brand loyalty backed
up with personal, relevant, reliable and contextual information.
15.
So where should you
focus?
16.
Start with reimagining your business.
17.
Smart, connected products raise new
choices.
18.
Choices around how value
is created and captured.
19.
Choices around how the
massive amount of new (and sensitive) data they generate is used and managed.
20.
Choices around how you
redefine relationships with traditional business partners, such as suppliers and channels.
21.
1 2 Before embarking
on your IoT project, you face two strategic choices.
22.
Will your IoT
initiative add value to your products so you can better serve a customer, such as automated remote updates, fixes and upgrades? 1
23.
Or is it
geared up to directly add value to the customer by providing completely new lifestyle choices, using entirely new business models? 2
24.
For example, manufacturers will connect
all elements of the service chain over the lifetime of the product.
25.
So deliveries, maintenance and repairs
are more timely and efficient, customers are happier and products run longer.
26.
Your decision will completely change
where you focus your investments in connected software, apps, services and security.
27.
And it will
define whether you win or lose against the coming flood of IoT solutions. WIN LOSE
28.
HERE’S MORE INFORMATION ON IoT
AND OTHER FWD THINKING
Download now