why business architecture for internet of things
TRANSCRIPT
WHY BUSINESS ARCHITECTURE FOR THE INTERNET OF THINGS
@TomZorde
WHY SHOULD COMPANIES CARE ABOUT IoT
Emerging Technologies
Business Problems & Opportunities
A Business Architecture helps describe the change impact and benefit of adopting IoT
TRADITIONAL BUSINESSES ARE WELL UNDERSTOOD
• Proven safe operating model
• Hierarchical organisation structure
• Established market place
• Compete on price and service
SuppliersProducts
Logistics Operations
MarketingSales &
Distribution
Customer Service
Procurement
TRADITIONAL BUSINESSES ARE RIGID & RULE DRIVEN
“Years of focus on operational excellence has created
efficient business entities - suitable for 2005”
• Consolidated and repeatable business rules
• Risk mitigated through physical controls, policy and legal contracts
• Staff skills are process aligned
• Culture rewards predictability and throughput
• Annual business planning
IoT PROVIDES COMPANIES A DIGITAL INTERFACE TO THE PHYSICAL WORLD
People & ProcessesSensors & Actuators Connectivity
DIGITAL BUSINESSES ARE AGILE & DATA DRIVEN
“The operation of the business revolves around Information as an asset”
• Ideas, learning, experimentation & collaboration creates more information
• Disrupt traditional businesses with alternative revenue streams
• Technology used to grow and enrich data
COMPANIES WITH DIGITAL BUSINESS MODELSWILL BENEFIT FIRST FROM IoT
IoT CloudBig Data
& AI
Greater Data Collection
Cheap Data Storage & Processing
Deep LearningAlgorithms
Business Insight
Business Development
EconomicProsperity
Increased Certainty
Increased Investment & Innovation
Dividends,Social Good & Employment
Example of the effect of IoT enabling greater data collection
BUSINESS IMPACT OF IoTTraditional companies must consider:
• Additional capabilities required
• Appetite for change
• Operational transformation
• Alternative people skills
• Alternative methods of decision making
• Alternative approaches to risk management
SuppliersProducts
Logistics Operations
MarketingSales &
Distribution
Customer Service
Procurement
ProcessInnovation
Strategy Performance
Data Science
Information Management
Change
CultureCollaboration
INTEGRATING IoT INTO BUSINESS
SuppliersProducts
Logistics Operations
MarketingSales &
Distribution
Customer Service
Procurement
ProcessInnovation
Strategy Performance
Data Science
Information Management
Change
CultureCollaboration
Artificial Intelligence
Internet of
Things
Cloud Computing
Mobility
Open API
& Micro Services
Big Data
Social Collaboration
Channel Integration
BUSINESS ARCHITECTURE HELPS UNDERSTANDING
IT’S NOT ABOUT TECHNOLOGY
Move FOOD to you and others. Move you to FOOD Get FOOD from further away Get new types of FOOD Reduce effort to store FOOD
IOE COMMUNITY NETWORK - BUSINESS ARCHITECTUREValue Proposition
Internal Elements External Elements
WhyStrategy View
WhatInformation View
Where/WhoOrganisation View
WhatBusiness Service view
What/HowCapability View
InstitutionalEnvironments
CompetitiveEnvironments
MacroEnvironments
Reference: Seyran DehbokryFaculty of Engineering and Information Technology - University of Technology, Sydney, Australia
WHY BUSINESS ARCHITECTURE FOR THE INTERNET OF THINGS
@TomZorde
Thank you