the #1 strategy that you need to know to make iot successful

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1 The #1 Strategy that you need to know to make IoT successful. Patrick Strauss

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The #1 Strategy that you need to know tomake IoT successful.

Patrick Strauss

The proliferation of connected devices, assets & inventory is leading to an explosion of supply chain data.

This presents significant challenges to all organisations across the supply chain, around how to efficiently,

cost effectively and securely: collect, access, share, store and interpret this data, to turn it into actionable

intelligence that will drive the bottom line and drive/maintain competitive advantage.

Increasing demand for visibility to address key business issues, for example: product recalls; product

authentication/counterfeiting; high value goods tracking; compliance; sustainability & goods and asset

tracking.

Increasing availability of data from a proliferation of network connected devices – and the need for a service

that interprets this data and translates it into actionable business intelligence for informed decision making

These are challenges that IBM as a Global IT Solutions Provider is well placed to address, as they are our

core competencies – namely those of data capture, predictive and cognitive data analysis and collaboration.

The World is changing

The Internet of Things is about NEW data driving

ACTIONABLE INSIGHTS to REDUCE COSTS

and TRANSFORM BUSINESSES in a

COLLABORATIVE way.

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Data is growing exponentially and demands new approaches (strategy and technology)

By 2020,

of new information will be created every second for every human being on the planet.

1.7 MB By 2017, there will be

connected things in smart homes, including appliances, smoke detectors and cameras.

1B

Federal Aviation Administration (FAA) sees private drones growing to be a $90 billion industry by 2024

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IoT Maturity Model

Differentiated

Optimized

Intelligence

Connected

Serviceable

Creatingacompetitiveadvantageandvaluetotheenduser/customer

IntegrationintoBusinessProcessesleveragingthevalueofreal-timedata

AnalyzedatatoprovideBusinessInsightsandPredictions

Machinesareremotelymonitoredandserviced

Machines/Devicesareconnectedandcommunicate

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Which one is the odd one out?

Extracting Business Value through IoT

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Direct contact with the owner

/ user of the thing

Connectivity

CRM

Prevent failure and fix in a

timely manner

Optimise maintenance

Asset Management

Predictive Analytics

Learn from usage and

optimise future designs

improve efficiency of activities

with data from things

Design

Continuous

Engineering

Interact with the thing in new

ways

Mobile

Other departments,

companies and users can

benefit from the data

API Management

Move to pay per use/as a

service model

Change design to optimise

return on investment

Billing

Touch Point

New Models

Value

ecosystem

Extend &

Interact

Predict &

Prevent

Optimise

What really matters to most

executives is…

“How do my assets impact on my people

and customers?”

Define what a great

People/Customer Experience

looks like

Developing ecosystems and partnerships

Creating new business models and products

Driving engagement and customer experience

To succeed in the Internet of Things era, IBM believes that clients need to develop capabilities in four areas

The Internet of Things is creating the potential to enable new markets and grow new

revenue streams. We see this rapidly evolving market of business pushing at the

boundaries of what is possible today. Clients need a strategy to harness this potential for

real time actionable insight, predictive analytics and enable their digital transformation.

Improving operations and lowering costs

Patrick Strauss, MSc

Supply Chain Visibility & Internet of Things

Subject Matter Expert

IBM Global Business Services / Digital Insights

IBM UK

Mobile: +44 7974 570777

E-mail: [email protected]

Gracias!

Thank you!