© IDC September 2018

Harnessing the Power of IOT, BIG DATA AND ANALYTICS to Transform the Business

IDC Infobites sponsored by© IDC September 2018

An IDC Infobite sponsored by© IDC September 2018

Digital transformation (DX) is a strategic priority for European organisations

IoT combined with Big Data and analytics can deliver

on the DX agenda to:

The DX imperative: DX is driving a rise in IoT activity and spend:100% of European enterprises have DX at the heart of their corporate strategy

of European organisations view analytics as important to IoT

• Redefine how businesses generate revenue and monetise products and services• Manage a globally dispersed workforce leveraging information as an asset• Develop new contextualised and customised customer experiences

A third of European organisations are increasing their IoT spending by 20% or more year on year.

DX

Over

75%Insights

Big Data

Analytics

IoT

¼3

An IDC Infobite sponsored by© IDC September 2018

Asset-intensive industries including manufacturing/automotive and utilities are leaders in IoT investmentEuropean companies spent

55% of utility and energy companies are actively conducting IoT pilots or projects, plus 22% are planning to do so

Over 90% of manufacturers view data analytics as significant to Digital Transformation

Asset management — primary use case for IoT analyticsBy 2019, 75% of utilities will use asset performance management underpinned by analytics to manage critical operational assets, leading to an improvement of up to 10% in operational performance.

Future potential — driving margin increase

By 2020, connected vehicle ecosystem players that capitalise on monetising data with apps and services will see a revenue margin increase of 5 percentage points.

Their spending will

€125 billion90%

55%DOUBLE

on IoT in 2017.

by 2022.

5%

10%

An IDC Infobite sponsored by© IDC September 2018

In-storeMarketing

Smarttransparent

systems

Hospitalasset

tracking

Vehicletelematics

Fieldmaintenance

Fleetmanagement

Telcobase stationmanagement

Remotehealth

monitoring

Foodtraceability Smart

grid(gas)

Digitalsignage

Staffidentification

Publicsafety &security

Publicinfrastructure

assetmanagement

Smart grid(electric)

Freightmonitoring

Manufacturingoperations

Omni-channel

operationsConnected

vehicles

Personalwellness

Smart home

Productasset

management

Smartbuildings

The right platform for advanced analytics and AIis critical to IoT successAdvanced analytics and AI can unlock the value in IoT data, but organisations need to consider an alternative approach

Early Growing Late Growing

5%42%Only 5% are usingAI techniques.

42% of European organisations are using basic analytics for asset management

IoT use cases in Europe where advancedanalytics can be a differentiator

By 2020, 100% of effective IoT efforts will be supported by machine learning in some form

An IDC Infobite sponsored by© IDC September 2018

Performance, integration and agility of your data platform are hallmarks of successful IoT systems

IoT’s high impact is bringing new workload requirements:

European organisations recognise there’s room for technological improvement:

New machine learning techniques

Real-time data

Data at the edge

Exploding data levels

Hardware setupcomplexity

would like better solution performance

want betterinfrastructure &

application integration

seek increased agility

Architecting the right platform is integral to success and will becomea key differentiator for IoT and digital transformation initiatives

30% 26% 26%