Gartner Research

Leveraging Enterprise Architecture to Enable Business Value With IoT Innovations Today

Published: 27 October 2014

ID: G00270613

Analyst(s): Mike Walker

Summary

The Internet of Things fundamentally revolutionizes markets and the way businesses operate. With the diversity of IoT technologies and uses, organizations must use EA practitioners to provide an IoT architecture strategy that identifies business opportunities while understanding exposure to risks.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Understand IoT Impacts Though Establishing a Digital Business Competency
    • IoT Presents a Massively Diverse and Complex Set of Business and Technology Opportunities That Require the Use of Ideation Practices as a Basis to Understand How Business Value Can Be Generated
  • Be Open to New Ideas and Accepting of Change, and Have the Courage to Rethink How Business Is Done
    • IoT Presents Equally Significant Business Opportunities and Challenges — Developing Future Business Scenarios Is a Powerful Technique to Understand How to Manage, Monetize, Operate and Extend Workforce, Products and Services
  • Information Is the Lifeblood of an IoT Strategy — Organizations That Don't Define "Information of Everything" Strategy Will Expose Legal, Regulatory and Reputational Exposure
  • Use an Interoperability Strategy to Understand Business Viability of IoT Opportunities
    • Developing an Interoperability Strategy Is Essential to Gaining Sustainable and Extensible Business Value Out of IoT Initiatives
  • Enabling the Digital User Experience in IoT Initiatives Will Be the Single Most Significant Driving Factor on Whether the IoT Solutions Are Successful

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