Date post: | 22-Jan-2018 |
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Technology |
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Sarajevo, 11.05.2017.
Developing Enterprise-Level IoT Solutions
Fariz Saracevic ([email protected])
Senior Offering Manager, IBM Watson IoT
IoT represents enormous scale and impact
25 BillionInstalled IoT Devices2 by 2020
$3.6 TrillionPotential economic impact1 per year by 2020
70% B2BIoT value created in B2B use cases1
Source: 1) McKinsey June 2015 2) Gartner November 2014
Connected devices are growing at an
exponential rate
Value derived from this connectivity
drives massive monetary opportunity
Majority of value will be in B2B and
B2B2C use cases
Many companies are very early in their IoT strategic planning and a number of challenges exist to monetize the IoT
Business
• Competition / disruptors
• Failures
• More regulation / compliance
Some IoT Challenges
Technical
• Systems of systems
• Multiple organizations
• Open environments
• New failure modes
• Security and safety
6
Learn and innovate faster with an IoT feedback loop
Continuous Engineering
Cognitive Analytics
IoT-enabled
products/systemsManage
Requirements
Manage
Development
Build and
Deploy
OperateAnalyze
Design for Analytics
Analyticsfor Design
Design
System
Verify and
Validate
Design and DeliverDesign and develop products/solutions
Analyze data to inform
Business Leaders,Engineers and Developers
Better products
Time to market
New servicesand business models