Defining Your Breakout IoT Strategy

Defining your Breakout IoTStrategy

Webinar

W. David StephensonOwner, Stephenson Strategies

@data4all

Insights from:

Internet of Things

Potential to change everything!

Components

• A name for every thing

• Real-time monitoring

• Instant data sharing

• Analyze things’ current state & control them

The Value•Turn data into insights

•Make those insights actionable, to create smart, precise operations and products

“IoT could generate up to $11.1 trillion a year in economic value by 2025.”

– McKinsey

IoT Tools & Components

Internet

Sensors

Actuators

Data storage & analysis

Mobile devices & apps

Augmented reality

Platform

Circular Company

• Away from hierarchy & linear

processes

• Circular organizations linking

everything & revolving

around real-time data hub

40% of companies wont survive without IoT!

Don’t wait!

Everyone needing real-time data to do jobs better and/or make

better decisions can instantly share it.

Attitudes

• Privacy & security critical

• Share data — don’t hoard it

• Close loop

• Rethink products

Team Approach

Start with an IoT SWAT Team

Identify pilot projects

Use Agile, visual development

DevOps for continuous delivery

Create a feedback loop

First Things First

• Data analysis tools

• Cloud storage

• Data scientists

Precision: Maintenance

Precision: Manufacturing

Precision: Supply Chain

Precision: Supply Chain

Precision: Supply Chain

Precision: Distribution & Sales

Precision: Distribution & Sales

AntTail

• Sensors monitor medication temperature & light for the “last mile” between

pharmacy & patient

• App makes data actionable through proactive notifications & workflows

• Results:

• 99% temperature compliance

• Less wasted medicine

• Better patient outcomes

Product Design

Today: Servitization

• Rolls Royce: “Power by the Hour”

Customer Experience

Hortilux:

• Monitor light processes with

sensors & apps to interpret data &

inform grower

• Optimizes indoor growing

conditions instead of selling bulbs

• Predictive maintenance

Efficiency & Revenue Generation

Solomon Group:

• Sensor-enabled turnstiles and apps

track attendance at large festivals

• Ensures compliance with fire codes

• Sells more tickets with real-time

insight into traffic in/out of venue

• Minimizes counterfeit tickets

• Optimizes staffing, food & beverage

etc. based on traffic patterns

IoT & Transformation

• Make incremental improvements

• Make organization real-time data-centric

• Empower your workers, share the data

• Democratize data, give them the tools

Download the on-demand webinar to learn more about defining your IoT

strategy.

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