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 #DataAnalytics

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Page 1: 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

Page 2: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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

Page 3: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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

Page 4: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

IoT is an enabler of the Internet of

Everything (IoE) ecosystem, which

incorporates people in addition to

data, process, and things.

#DataAnalytics

Page 5: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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

Page 6: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

When asked in which area the executives

needed to improve the most to make

effective use of IoT solutions,

40% said data.

#DataAnalytics

Page 7: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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

Page 8: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#DataAnalytics

When business processes align with new

IoT solutions, IoT delivers real value

Page 9: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#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.

Page 10: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

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%

Page 11: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#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.

Page 12: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#DataAnalytics

Success requires new workforce skills,

effective teaming between IT and OT, an

extended partner ecosystem, and a

platform approach.

Page 13: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#DataAnalytics

Edge computing helps ensure that the right

processing takes place at the right time and place

Page 14: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#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).

Page 15: Focus on Capturing Insights, Not on Connecting Things, to Attain IoT Value

#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