Internet of Things

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  • Understand the maturity of your EA program
  • Bring digital business strategy to life
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  • Succeed in a senior leadership position
The business value of IoT 

Internet of Things enables business value creation by reducing operational costs, better managing risk or developing new revenue streams via digital business models and advancing technologies.

 

IoT trends and emerging technologies will drive digital business innovation for a decade. Enterprise Architect and Technology leaders must lead this innovation by identifying the technologies that will impact their business and infrastructure, and ensure they have the skills and partners to deliver them when required.

 

Questions we can help you address:

 

 

IoT offers many organizations two levels of digital business opportunity. At one end of the spectrum, IoT enables significant efficiency gains and cost savings through a deeper understanding and control of assets and operations. At the other end of the spectrum, IoT enables dramatic business model transformation by shifting value propositions to customers and opening up new ways to monetize that value.

 

IoT is already delivering proven value. Value can be achieved financially through cost savings or new or incremental revenue. IoT also can deliver value in nonfinancial terms through benefits like improved safety, security or quality of life.  At Gartner Enteprirse Architecture Summit 2019 we will focus on where IoT is enabling new business models and new customer experiences, as well as illustrate how mature value propositions can be reinvented. For example, Gartner predicts that by 2020, IoT technology will be in 90% of new compute-enabled product designs. This is based on what we are already seeing across the market — in everything from home automation to industrial asset monitoring to automobiles. By adding sensing and communications capabilities to these endpoints, organizations are creating new business models, new ways to differentiate offerings and new customer value propositions. This is not just the future: It is happening right now.

 

 

IoT architectures and solutions are critical enablers to achieving innovative and planned business outcomes. Technology disruptors and even some old-guard technology firms continue to enhance and advance capabilities and efficiencies within IoT architectures and solutions. Each innovation and disruption will mature and will require integration with existing components. Chief Enterprise Architects need to understand how these technologies differ from earlier approaches, what benefits and challenges they bring (such as integration), and how they accelerate and secure the path to value realization in IoT. Key technology disruptions include:

 

  • Drones and robotics
  • Digital twins
  • Intelligent edge solutions
  • Networking and wireless communications
  • Blockchain
  • Cloud services (infrastructure as a service [IaaS], platform as a service [PaaS] and SaaS)
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Another set of technology disruptors, focused entirely on the data, enables new and game-changing insights. These key technology disruptions include:

 

  • Artificial intelligence (AI) and machine learning (including reinforcement learning)
  • Autonomous decision making
  • Data governance tools

IoT represents a set of enabling technologies that modifies and enhances existing essential services and products. However, these technologies are evolving quickly in terms of capability, compatibility and price point, and even within a single vendor's portfolio they are frequently disjointed. This situation represents a triple challenge to Enterprise Architects and CIOs, as IoT must be implemented quickly, must avoid disrupting current operations, and must ensure high levels of service quality and integrity.

 

IoT adds two dimensions to traditional IT security. First, IoT is frequently deployed in unsecured places. Adversaries can gain full physical access to devices. Second, IoT deployments can last for decades. Maintaining control of certificates, credentials, source code, and even spare parts over long periods of time where mergers and acquisitions, organizational changes and personnel retirements occur, requires extensive planning.

 

IoT is challenging organizations to adopt newer planning and management methodologies, including Mode 2 thinking and agile methodologies that enable shorter implementations and faster time to value. And the issue of how to best integrate operational technology and traditional IT into new IoT architectures has never been greater. This is especially true for organizations in industrial vertical markets grappling with how to handle legacy systems built around supervisory control and data acquisition and machine-to-machine.

Register before 5 April 2019 and save €325.