Business Strategy: IoT Capabilities Offered by Systems Integrators in the Manufacturing Sector
IoT as a technology today is at a stage where companies have started implementing innovative use cases that generate significant business impact beyond just support of existing business processes. Multiple stakeholders in the ecosystem from original equipment manufacturers of products, software vendors, telecom and networking service providers, and systems integrators have made significant investments in this area. IoT implementations are relatively more complex compared with traditional IT applications. "Awareness and choice of the appropriate partner based on well-defined evaluation parameters for end-to-end management of the different components of IoT and for specific components will be as important as other steps such as definition of use cases, the business model, and the choice of technologies. This will help manufacturing enterprises to focus on the core areas of IoT in bundling them with the product and services portfolio they have and in implementing profitable business models," says Ramachandran S, principal research manager, IDC Manufacturing Insights.
Please Note: Extended description available upon request.