focus on capturing insights, not on connecting things, to attain iot value

Focus on Capturing Insights,

Not on Connecting Things,

To Attain IoT Value

#DataAnalytics

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.

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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.

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IoT is an enabler of the Internet of

Everything (IoE) ecosystem, which

incorporates people in addition to

data, process, and things.

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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.

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When asked in which area the executives

needed to improve the most to make

effective use of IoT solutions,

40% said data.

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88% of surveyed executives say that

during the next 5 years, the IoT will impact

their amount of data traffic either

somewhat or significantly.

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When business processes align with new

IoT solutions, IoT delivers real value

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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.

IoT solutions have a growing role in

business transformation. Here’s how

the executives voted per industry:

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39%

15% 13% 13%8% 8% 5%

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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.

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Success requires new workforce skills,

effective teaming between IT and OT, an

extended partner ecosystem, and a

platform approach.

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Edge computing helps ensure that the right

processing takes place at the right time and place

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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).

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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

Learn more about how your business

can focus on capturing insights, not on

connecting things, to attain IoT value:

#DataAnalytics

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