New IDC PlanScape Offers IoT Guidance
For manufacturers, the Internet of Things (IoT) is bringing the necessary capabilities for connected products, assets, and supply chains. Through IoT, manufacturers can leverage a combination of software, sensors, and IP-enabled connectivity to change products and processes. A new IDC PlanScape, The IoT Foundation for Connected Products, Assets and Supply Chains in Manufacturing (Doc #257113), offers practical guidance to help IT and business leaders in manufacturing justify investment in IoT and an IoT foundation for incremental improvements and transformation.
"Developing a roadmap for IoT and an IoT foundation will ensure that the investments satisfy manufacturers IT and business expectations," said Kimberly Knickle, IDC Manufacturing Insights Practice Director. "IT organizations can and should play an important role in an efficient and agile rollout of IoT across the various use cases in manufacturing."
The new IDC PlanScape offers a unique decision-making tool to help IT professionals plan the evolution of the IT operations architecture to virtualized networks. It helps to assure business value from technology by establishing a business case, identifying risk factors, and outlining critical success factors.
IoT is an essential innovation accelerator for manufacturers. By implementing an IoT foundation, manufacturers have the opportunity to increase their real-time visibility into their own operations as well as into their customers' operations; from the analysis of that information, manufacturers can develop the insights they need to change how they generate revenue and profit, whether that's through more data-driven execution or new products and services.
The new IDC PlanScape answers the following key questions:
According to IDC data, 56 percent of manufacturers in the United States are researching or piloting IoT for business benefits such as lowering operational costs, improving customer service and support, acquiring new customers, and increasing business process efficiencies. Manufacturers need to move forward with pilots and simultaneously develop an IoT foundation and roadmap. There are immediate benefits that can be achieved by investing today, but manufacturers should also recognize that the market is still evolving and changing. Manufacturers must consider IoT an investment that requires frequent monitoring and modification. To do so, the new report offers manufacturers guidance on how to move forward with IoT successfully over the next 18 months.
"Developing a roadmap for IoT and an IoT foundation will ensure that the investments satisfy manufacturers IT and business expectations," said Kimberly Knickle, IDC Manufacturing Insights Practice Director. "IT organizations can and should play an important role in an efficient and agile rollout of IoT across the various use cases in manufacturing."
The new IDC PlanScape offers a unique decision-making tool to help IT professionals plan the evolution of the IT operations architecture to virtualized networks. It helps to assure business value from technology by establishing a business case, identifying risk factors, and outlining critical success factors.
IoT is an essential innovation accelerator for manufacturers. By implementing an IoT foundation, manufacturers have the opportunity to increase their real-time visibility into their own operations as well as into their customers' operations; from the analysis of that information, manufacturers can develop the insights they need to change how they generate revenue and profit, whether that's through more data-driven execution or new products and services.
The new IDC PlanScape answers the following key questions:
- · Why is IoT and an IoT foundation an important investment for manufacturers?
- · What are the key elements of an IoT foundation?
- · Who are the key stakeholders that should be involved in an IoT foundation and IoT initiatives? What are their roles and responsibilities for promoting successful IoT projects?
- · How can IT and non-IT leaders help accelerate investment in IoT for business value throughout their organization?
According to IDC data, 56 percent of manufacturers in the United States are researching or piloting IoT for business benefits such as lowering operational costs, improving customer service and support, acquiring new customers, and increasing business process efficiencies. Manufacturers need to move forward with pilots and simultaneously develop an IoT foundation and roadmap. There are immediate benefits that can be achieved by investing today, but manufacturers should also recognize that the market is still evolving and changing. Manufacturers must consider IoT an investment that requires frequent monitoring and modification. To do so, the new report offers manufacturers guidance on how to move forward with IoT successfully over the next 18 months.