how to benefit from iiot?

10
How to benefit from IIoT? December, 2015 / JET

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Page 1: How to benefit from IIoT?

How to benefit from IIoT? December, 2015 / JET

Page 2: How to benefit from IIoT?

Table of contents

• Introduction

• Strategic options

• Defend way

• Differentiate way

• Towards business and Living services

• Closing

Page 3: How to benefit from IIoT?

3Copyright © 2015 Accenture All rights reserved.

Macro Trends Shaping Enterprise Technology

2. Data

1. Connected World

3. Intelligence & AutomationVirtual

AgentsBots

Artificial

IntelligenceAutonomic

ComputingSelf-

assembling

IT

Page 4: How to benefit from IIoT?

The Digital Cycle

OutcomesAppsDevices Platforms Data Analytics

Ecosystem

Page 5: How to benefit from IIoT?

Copyright © 2015 Accenture. All rights reserved. Accenture Confidential Information. 5

Understanding the value of a digital business and the associated levers can be

very helpful

Supporting technologies: Analytics, Mobility, Cloud, Virtual networks, Social, Sensors

ObjectivesValue levers

Analytics-driven and dynamic customer segmentation

Create new digital products, services and offerings

Customize digital channels to customer segments and experience to optimize the cost-to-serve levels

Combine portfolio of digital and non-digital products and services with customized earnings models and pricing

Improved process governance & efficiency through real time insights

Optimized production/inventory planning based on demand forecasting

Integration with partners in digital ecosystem to optimize service delivery

Analytics-based commercialization (marketing, commissions, trade promotions) to target investments and track returns

New customers

New & optimized products & services

New & optimized channels

New pricing and earnings models

New cost models

Process efficiency

Asset utilization

Agility

Value of

Digital

Strategy &

Business

Growth

through

Digitalization

(Revenue

levers)

Efficiency

through

Digitization

(Cost

optimization)

Investment in new Digital Capabilities (Example)

Page 6: How to benefit from IIoT?

6

Defend & Diffrentiate, Disrupt or D…

The IIoT customers have reached the point of decision

Copyright © 2015 Accenture All rights reserved.

t

EBIT

t0 t1t-1

D

start

tn

Defend

Die

Differentiate

Disrupt

+

• Do nothing

• Unicorns

• Ubers

• Teslas

• Asset and operational performance

• Operational decision making portals

• IoT industry apps

• Robotics in processes

• Platforms

• New services, products and processes

• Machine learning

• 3D in manufacturing

• Product as a service

• Platforms

Transformation

Page 7: How to benefit from IIoT?

Digital industrial examples

Page 8: How to benefit from IIoT?

The current IIoT offerings are the same as before IIoT

New offerings are needed

Key Activities

Key Partners

Cost Structure Revenue Streams

Value Propositions

Key Resources

Offerings

Cu

sto

mer

Exp

erie

nce

Financial Feasibility

Customer Segments

Customer Relationships

Customer Channels

Op

era

tin

g

Mo

del

Page 9: How to benefit from IIoT?

Commercial exploration of IIoT is in the early stages

MVP, Explore, learn fast, value creation first

Scope

Level of automation

Commercial model

Thing Networks Process

Routine Complex txn Optimised Predictive

Transaction TCO Product as a service Utility

Closed sets

New services Virtual

AgentsBots

Artificial

IntelligenceAutonomic

ComputingSelf-

assembling

IT

Page 10: How to benefit from IIoT?

Digitally Yours!

• Juha Turunen

• Accenture Digital, Nordic, IIoT lead

• Mob: +358-40-506 6155

• Email: [email protected]

• @rainmanjet