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Internetof ThingsActualisationQuotient
A N I N F O G R A P H I C B Y F R O S T & S U L L I V A N , C O M M I S S I O N E D B Y S I N G T E L
Introducing the IoT AQ
VS 3.03SINGAPORE
Overall IoT AQ2.95Average*
Overall IoT AQ
CognitiveEnterprise
SecureEnterprise
Data-DrivenEnterprise
ConnectedEnterprise
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Principles for achieving IoT Value
Enterprises go through different phases in their IoT journey. Starting out as a Connected Enterprise, they evolve into a Cognitive Enterprise, increasing the business value they gain from IoT.
ConnectedEnterprise
AvailabilityConnectivityInsightsOptimisation
••••
Data-FirstEnterprise••
Data driven servicesData centric approach towards optimisation
CognitiveEnterprise••
New business modelsCognitive services
SecureEnterprise•
•
Secured and quality assured servicesCyber resilient organisation
Validate your business outcome first beforeconsidering anything else
Artificial Intelligence is key to optimising a data-first approach for your business
Leverage your technology partners and their ecosystem to accelerate go-to-market
Underscore all digital services offering with security considerations
Execute and scale your IoT business
The IoT experience is a journey and not just a destination.
Current state of IoTActualisation in Singapore
Increase in enterprise’s revenue and profitability due to IoT implementation
Improvement in operational efficiency and resource utilisation
Improve business gains
Strengthen business process
Positive impact on customer experience resulting in increased size of customer base and enterprise reputation
Enhance customer experience
Augment employee's ability to do their work, resulting in increased productivity and employee satisfaction
Augment employee experience
Percentage of enterprises in the different stages of their IoT journey
Data-FirstEnterprise
CognitiveEnterprise
ConnectedEnterprise
As enterprises evolve towards becoming a
Cognitive Enterprise, IoT bring greater business value
and benefits.
SecureEnterprise
8%
11.9%
Data-FirstEnterprise
18.3%
CognitiveEnterprise
10.4%
ConnectedEnterprise
11.9%
SecureEnterprise
12.6%
Data-FirstEnterprise
15.0%
CognitiveEnterprise
10.6%
SecureEnterprise
12.4%
Data-FirstEnterprise
15.8%
CognitiveEnterprise
11.1%
ConnectedEnterprise
11.4%
ConnectedEnterprise
13.1%
SecureEnterprise
29%
53%
12.8%
Data-FirstEnterprise
16.0%
CognitiveEnterprise
10.0%
ConnectedEnterprise
13.1%
SecureEnterprise
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What factors a�ect the IoT AQ?
SINGAPORE
The IoT AQ is a framework that serves as an industry standard for mapping an enterprise's IoT journey and the business value it creates. This framework
comprises of 4 major factors that have a direct impact on the business value that IoT can provide to an organisation.
ManagementInvolvement
EnterpriseAction
EnterpriseResolve
TechnologyStrategy
What are the levels of involvement from the management team?
Where are you in your journey to
incorporate IoT?
How committed is your organisation in executing
IoT initiatives?
What technology strategies does your organisation adopt?
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4
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*IoT AQ average across Australia, Hong Kong and Singapore.
To find out more aboutSingtel IoT, visit
www.singtel.com/iot
© Singtel (CRN: 199201624D) All Rights Reserved.
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