Internet of Things Actualisation Quotient AN INFOGRAPHIC BY FROST & SULLIVAN, COMMISSIONED BY SINGTEL Introducing the IoT AQ VS 3.03 SINGAPORE Overall IoT AQ 2.95 Average* Overall IoT AQ Cognitive Enterprise Secure Enterprise Data-Driven Enterprise Connected Enterprise 5 1 Principles for achieving IoT Value Enterprises go through different phases in their IoT journey. Starting out as a Connected Enterprise, they evolve into a Cognitive Enterprise, increasing the business value they gain from IoT. Connected Enterprise Availability Connectivity Insights Optimisation • • • • Data-First Enterprise • • Data driven services Data centric approach towards optimisation Cognitive Enterprise • • New business models Cognitive services Secure Enterprise • • Secured and quality assured services Cyber resilient organisation Validate your business outcome first before considering anything else Artificial Intelligence is key to optimising a data-first approach for your business Leverage your technology partners and their ecosystem to accelerate go-to-market Underscore all digital services offering with security considerations Execute and scale your IoT business The IoT experience is a journey and not just a destination. Current state of IoT Actualisation in Singapore Increase in enterprise’s revenue and profitability due to IoT implementation Improvement in operational efficiency and resource utilisation Improve business gains Strengthen business process Positive impact on customer experience resulting in increased size of customer base and enterprise reputation Enhance customer experience Augment employee's ability to do their work, resulting in increased productivity and employee satisfaction Augment employee experience Percentage of enterprises in the different stages of their IoT journey Data-First Enterprise Cognitive Enterprise Connected Enterprise As enterprises evolve towards becoming a Cognitive Enterprise, IoT bring greater business value and benefits. Secure Enterprise 8% 11.9% Data-First Enterprise 18.3% Cognitive Enterprise 10.4% Connected Enterprise 11.9% Secure Enterprise 12.6% Data-First Enterprise 15.0% Cognitive Enterprise 10.6% Secure Enterprise 12.4% Data-First Enterprise 15.8% Cognitive Enterprise 11.1% Connected Enterprise 11.4% Connected Enterprise 13.1% Secure Enterprise 29% 53% 12.8% Data-First Enterprise 16.0% Cognitive Enterprise 10.0% Connected Enterprise 13.1% Secure Enterprise V A L U E What factors affect the IoT AQ? SINGAPORE The IoT AQ is a framework that serves as an industry standard for mapping an enterprise's IoT journey and the business value it creates. This framework comprises of 4 major factors that have a direct impact on the business value that IoT can provide to an organisation. Management Involvement Enterprise Action Enterprise Resolve Technology Strategy What are the levels of involvement from the management team? Where are you in your journey to incorporate IoT? How committed is your organisation in executing IoT initiatives? What technology strategies does your organisation adopt? 1 2 4 3 *IoT AQ average across Australia, Hong Kong and Singapore. To find out more about Singtel IoT, visit www.singtel.com/iot © Singtel (CRN: 199201624D) All Rights Reserved. 10%