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Internet of Things Identifying business opportunities

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1 Internet of Things Identifying business opportunities
Section 1 Speaker: Michael Kalkavouras (Accenture Greece) Divani Caravel Hotel 25th November 2015

2 Introduction: Internet of Things
Agenda Introduction: Internet of Things How IoT can benefit the economy and business Value proposition of IoT adoption Value proposition in Greek market Copyright © 2015 Accenture All rights reserved. 2

3 In the next three years executives believe the IoT will:
Top 5 87% 87% 86% 85% 83% …enable them to enhance their products and services …increase levels of engagement with their solutions …improve their supply chain …allow them to develop new revenue streams …empower employees Executives see mobile apps as the dominant interface of the future, and believe there is a high demand for mobile apps among their customers to access services – according to Accenture’s 2015 mobile apps research. 89% …of executives see the IoT as having a major impact and underpinning a range of benefits Accenture Mobility Research 2015: surveyed nearly 2,000 executives in 9 industries and 15 countries around the world, to explore how companies are applying digital technologies including IoT Copyright © 2015 Accenture All rights reserved.

4 Economy and Business can benefit from IoT by either providing IoT Technology & solutions or adopting IoT solutions: IoT Providers Business wants to: Open Internet Consortium Helps devices across platforms and Oss 50 members Thread Group Helps products within home connect 50+ members Gain competitive advantage Make disparate “things” to work together seamlessly Industrial Internet Consortium Brings together technologies to facilitate growth of Industrial Internet 100+ members Drives adoption of products, systems and services that support IoT 100+ members AllSeen Alliance Make sophisticated systems interoperable Turn raw data into simple, actionable information … and Business gains value by: Creating unconventional revenue streams Optimizing Customer Experience Achieving Operational Efficiency Copyright © 2015 Accenture All rights reserved.

5 Value proposition: How industries can exploit IoT …
Sample IoT solutions Aviation Real-time jet engine monitoring and fuel consumption optimization Power Generation Peak usage reduction through careful monitoring of energy consumption Healthcare Shift to automated data collection, testing and diagnosis Mining Connected Worker, Connected Mine Equipment, Contractor tracking / fatigue tracking / safety tracking Oil & Gas Drilling process automation, connected refineries Finance Leveraging cryptocurrency technology to provide audit ability, governance and transfer of ownership capabilities Comms, Media, Tech Monitoring of infrastructure (cell towers by drones) Retail Interactive displays/kiosks, Connected-Home-Driven Shopping Lists Automotive In-vehicle Infotainment, Driver assistance/Self-driving cars Copyright © 2015 Accenture All rights reserved.

6 Value proposition: How the Greek Market can exploit IoT …
Monetize user base profiles through premium IoT services (connected home, car etc.) Provide end-users seamless access to services built on top of IoT devices Interactive displays/kiosks, Connected-Home-Driven Shopping Lists Communications, Media &Tech mPOS & Wearable Payment Systems, Smart Shelves/Racks Monitoring of infrastructure such as cell towers by drones Retail Connected Retail Supply Chain, Smart retail building solution Block Chain and Cryptoprocessing: Transforming How Money Moves Context-based Commerce: Delighting Customers and Boosting Sales Financial services Create new revenue streams IoT Payments and Data Security: Protecting Confidential Data Optimize Customer Experience Achieve Operational Efficiency Copyright © 2015 Accenture All rights reserved.

7 Q & A Copyright © 2015 Accenture All rights reserved. 7


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