The Internet of Things will be the defining technology trend of the next decade and will impact virtually every vertical industry and permeate the vast majority of business processes. While the benefits of IoT are well understood, when deploying IoT, there is a lot to consider and there are multiple stakeholders to convince.
Based on in-depth interviews with several companies that have successfully implemented, Strategy Analytics looks at organisational and practical challenges customers faced, identifies critical success factors, and steps to take to be successful with IoT and generate tangible benefits.
Table of Contents
1. Executive Summary
2. Introduction
2.1 Why should companies deploy IoT?
2.2 What are the key benefits that companies seek from IoT?
2.3 Deploying IoT: A Reality Check
3. How do successful companies implement IoT?
4. Case Studies
4.1 Lessons from Pacific Gas and Electric Company (PG&E)
4.2 Lessons from Deutsche Post DHL
4.3 Lessons from E.ON Energy Services
5. Summary of key recommendations for enterprises
6. How Can We Help You?
Figure 1: Traditional Maintenance v Predictive Maintenance
Figure 2: The IoT Value Proposition
Figure 3: The Benefits of IoT
Figure 4: Indication of the approximate range of spending (in USD) by your company on IoT projects
Figure 5: IoT Budget spend outside Central IT Budget
Figure 6: What are the main hurdles you expect to face as you build your company’s portfolio of IoT applications?
Figure 7: What percent of your IoT spending in 2018 was for each of the following categories?
Figure 8: What networks are you using for your IoT Solution?
Figure 9: IoT Operations in a Deutsche Post/DHL Warehouse Environment