Gartner Research

IoT Project Metrics (KPIs) Help Ensure Your Industrie 4.0 Outcomes

Published: 08 February 2018

ID: G00348698

Analyst(s): Alexander Hoeppe

Summary

Industrie 4.0 initiatives are often scaled too slowly and fail to provide the expected business value. To align with strategic objectives, CIOs leading Industrie 4.0 initiatives should apply measurable KPIs to help improve their IoT project planning and monitoring outcomes.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Define an Overall Industrie 4.0 Strategy by Framing Your Corporate Objectives and Digital Business Outcomes Against the Potential Applicability of IoT
  • Work With Business Stakeholders on Creation of a Catalog of Measurable KPIs Assigned to Business Outcomes and Application Areas
  • Assess and Prioritize Your IoT Projects in an Industrie 4.0 Roadmap
  • Ask IoT Providers and Consortia, Such as Plattform Industrie 4.0, for Documented IoT Solution Frameworks, Reference Use Cases, Case Studies and Commonly Used, High-Impact KPIs

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