Key Success Factors for IoT Initiatives
The department or function responsible is also indicated.
1 Identifying and pursuing new business and revenue opportunities - Strategic
2 Getting managers and staff to change the way they think about customers, products, and processes based on new insights about how they’re are using company products - Company, Culture
3 Determining what data to capture from the IoT Strategic
4 Having top management that believes the IoT could have a major impact on business and is willing to invest today in it - Company, Culture
5 Skilled business analysts who know how to understand what IoT data is is revealing
about company products in the field, the factory, the supply chain, and so on - Skills
6 Being able to gather, process, and analyze huge amounts of digital data and/or Big Data - Technology
7 Accelerating key decisions on the company's products, customers, and how to serve them - Company, Culture
8 Skilled technologists who can develop and integrate IoT technologies into company products and processes
9 Making rapid adjustments to products and processes based on what IoT data indicates - Business,
Process
10 Determining what technologies to develop internally or externally - Technology
11 Determining what types of IoT data will have the greatest impact on business - Strategic
12 Integrating IoT data into enterprise systems - Technology
13 Getting IoT technologies to operate reliably in the field - Technology
14 Making large changes in the marketing, sales, and service processes - Business, Process
15 Getting product and functional managers to act on customer usage trend data Organizational
16 Having a group analyze IoT data to understand how customers are using company products -
Organizational
TCS Report
http://www.tcs.com/SiteCollectionDocuments/White%20Papers/Internet-of-Things-The-Complete-Reimaginative-Force.pdf
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