IoT, Robotics and Smart Cities Platform:
Accelerating the Impactof Industrial IoT
October 2019
% of IoT projects fail
Source: Connected Futures Cisco Research: IoT Value: Challenges, Breakthroughs, and Best Practices
Accelerating the Impact of Industrial IoT
What is our objective?
Project Objective
Decrease project
failure rates
Increase adoption and
best practice
Accelerating the Impact of Industrial IoT
What is our objective?
0%
5%
10%
15%
20%
25%
30%
35%
40%
% o
f ente
rprises
Use of big data from enterprise's smart devices or sensors, EU - 28
Large enterprises(Avg 18%)
SMEs(Avg 3%)
Note: Large Enterprises have > 249 employees, SMEs have <250 employees
Source: OECD, SME and Entrepreneurship Outlook 2019
Accelerating the Impact of Industrial IoT
What is our objective?
Large enterprises are 6x more likely to use
big data from smart devices or sensors than
SMEs
99%
60% 50%-60%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
% of Businesses % of employment % of value added
SME economic contribution in OECD Area
LargeCorporations
SMEs
Note: Large Enterprises have > 249 employees, SMEs have <250 employees
Source: OECD, SME and Entrepreneurship Outlook 2019
Accelerating the Impact of Industrial IoT
What is our objective?
Why is this important?
Integral to supply
chains
Employ the
majority of
workers globally
Key to social
mobility and
innovation
Accelerating the Impact of Industrial IoT
What is our objective?
7
• Medium sized industrial companies lack access, expertise and capital to take advantage ofsmart manufacturing opportunities – accelerating the decline of SMEs and favoring largecorporations
• IoT Vendors have “information asymmetry” with expertise and incentive to hoard knowledgeand “lock-in” companies
• Industrial IoT may be good for industrial investors and IoT vendors, but the impact on theexisting manufacturing workforce is still unknown
• Many governments currently lack the expertise to effectively intervene and help SMEs,although some governments have advanced programs with knowledge to share
Accelerating the Impact of Industrial IoT
Collective Action problems
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Accelerating the Impact of Industrial IoT
Prototype – Pilot – Scale
10 SMEs in Prototype >>> 120 SMEs in Pilot >>> 2000 Targeted for 2020 Launch
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Accelerating the Impact of Industrial IoT
Project Timeline
Assumption 1: The key barrier to adoption is the lack of awareness & knowledge of SME business decision
makers.
Assumption 2: Access to financing/capital for investment is an additional barrier to adoption of Industrial IoT
technologies.
Assumption 3: Using data collected from Industrial IoT technology for advanced analytics is the most
scalable application of the technology in SME.
Assumption 4: Outside expert support is required across 4 key areas: 1) Use case awareness and business
case development, 2) System design and vendor selection, 3) Technology implementation, 4) Operating
model changes and employee training.
Assumption 5: The need for hands-on expert support is the key barrier to scaling across SMEs.
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Accelerating the Impact of Industrial IoT
Prototype assumptions
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Accelerating the Impact of Industrial IoT
Prototype workstreams and outputs
Accelerating the Impact of Industrial IoT
Prototype Community