a_cios_guide_to_realizing_th_280459.pdf

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This research note is restricted to the personal use of [email protected] This research note is restricted to the personal use of [email protected] G00280459 A CIO's Guide to Realizing the Business Value of IoT, Part 2: Scope, Deployment Options and Pilot Published: 8 July 2015 Analyst(s): Chet Geschickter The Internet of Things has potential as a breakthrough technology, but its complexities make it a high-risk endeavor. Part 2 covers scoping the IoT solution, assessing deployment options and planning pilot projects. Additional Perspectives China Summary Translation: A CIO's Guide to Realizing the Business Value of IoT, Part 2: Scope, Deployment Options and Pilot (20 October 2015) Key Findings The complexity and novelty of Internet of Things (IoT) solutions create challenges with controlling scope. The market and technology for IoT are volatile and dynamic, increasing the risk that planned deployments can become obsolete by the time they launch. Procurement options for IoT are evolving and include tying into third-party endpoints and IoT systems. In addition, emerging IoT ecosystems are forming around standards, and leading industrial and consumer brands are extending into IoT. There is a high risk of IoT project failure due to technology complexity; limited internal skills; knowledge, cultural and organizational barriers; and dif culties realizing planned bene ts. Recommendations CIOs: Control the scope of early IoT use cases by reducing technology complexity, limiting the number of endpoints, and cutting down or eliminating complex integration with enterprise systems.
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This research note is restricted to the personal use of [email protected] This research note is restricted to the personal use of [email protected] Monitor IoT market developments on an ongoing basis. Identify opportunities to substitute customized IoT components and related software with commodity mass-market components. Pursue opportunities to tie into third-party IoT and emerging IoT ecosystems rst, before engaging in custom development of IoT solutions. Conduct one or more IoT pilot projects before going into a production deployment. Be prepared to iterate through multiple pilots, which will reduce risk by applying lessons learned. Analysis This is the second in a series for planning Internet of Things initiatives. 1 "A CIO's Guide to Realizing the Business Value of IoT, Part 1: Bene ts and Use Cases" covers the rst two steps: Step 1 — Determine the Strategic Rationale Step 2 — Create IoT Use Cases This report covers Steps 3, 4 and 5: Step 3 — Set Solution Scope to Make Use Cases Feasible Step 4 — Establish Deployment Options and Technology Sourcing Step 5 — Conduct Pilot Projects to Validate Technology and Verify Bene ts Capture CIOs who follow these steps can take a leadership role in establishing a strategic enterprisewide context for IoT. CIOs can avoid getting bogged down by designing and structuring pilot projects with a suf ciently
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