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1、Unlocking the business value of Industrial IoT Executive Summary At many organizations, Industrial IoT initiatives are failing to achieve their goals and reach meaningful scale. We found that more than six out of ten organizations have failed to take Industrial Internet-of-Things (IIoT) initiatives
2、past proof- of-concept stage or beyond implementation at one or two sites. Business and technical challenges stand between the organization and successful wide-scale adoption: No clear business case: Around half of organizations struggle to establish a clear business case for IIoT investments. Secur
3、ity concerns: Many organizations (62%) are grappling with cyber risks that could have significant reputational and financial consequences. Constrained analytical capabilities: 60% of organizations say they do not have the analytics capabilities to take advantage of the data generated from IIoT sourc
4、es. Uncertainty about IIoT standards and protocols: More than half of organizations say uncertain standards are a significant challenge. How should organizations think about managing these challenges? Based on what we have learned from our researchas well as our experience working with clientswe bel
5、ieve that organizations should focus on three critical areas: Create a clear and compelling vision for how IIoT can address critical problems for the business. Put together a leadership team that has the business and technical acumen to devise a coherent IIoT strategy and navigate the organization t
6、hrough the changes required. Drive scale by focusing on a subset of high-potential use cases and moving them quickly to enterprise-wide adoption. Using this framework as a guiding principle, organizations will also need strong technology competence in the following areas: Robust analytics and develo