IoT GUIDE

Due to the asset-intensive nature of their business, players have traditionally invested more in their operational technology (OT) than in information technology (IT), many of them being hamstrung by decades-old legacy systems and processes. But as new digital technology developments take place, solutions that could integrate the OT and IT worlds are beginning to emerge. This integration could mean unlocking opportunities to make processes more efficient and products more valuable. The Internet of Things (IoT) is one such concept that brings the paradigm of connectivity into the business, and enables the integration of people, assets and processes into a single point of view, paving the way for obtaining valuable business insights for industrial players.

But how serious are industrial companies about moving forward with IoT and what do their IoT roadmaps look like? This study sets out to explore how European industrial companies are approaching IoT initiatives from an investment, implementation and strategy perspective. Based on interviews with 250 senior CXO-level, business and technology decision-makers, this report explores the strategies and approaches that process manufacturers and discrete manufacturers are taking in order to embed IoT solutions into the core of their business and enable digital transformation.

The study also outlines specific IoT use cases from industry that companies have recently undertaken, and looks at what they are trying to achieve through this investment.

The study makes vital and interesting reading for senior decision makers at European industrial companies that are looking to better understand the progress their peers are making on the increasingly important topic of IoT.

You can read and download the full report at Cognizant here