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Measuring the Impact of IOT - What Are Your Business Strategies?

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Presentation slides during CommunicAsia 2015 Summit in Singapore, 2 June, 2015
This is also a Panel Session.

Measuring the Impact of IOT - What Are Your Business Strategies?

  1. 1. Copyright  ©  RIOT  2015  All  Rights  Reserved   MEASURING  THE  IMPACT  OF  IOT   WHAT  ARE  YOUR  BUSINESS  STRATEGIES? Dr. Mazlan Abbas REDtone IOT Sdn Bhd http://www.redtone.com @mazlan_abbas  
  2. 2. Copyright  ©  RIOT  2015  All  Rights  Reserved   MEASUREMENT OF SUCCESS 1.  FORMULA = +10 DO’S – 10 DON’TS 2.  Value Pyramid 3.  Think Like A Startup
  3. 3. Copyright  ©  RIOT  2015  All  Rights  Reserved   Believe in IOT DO (1)
  4. 4. Copyright  ©  RIOT  2015  All  Rights  Reserved   Understand the impact of IoT DO (2)
  5. 5. Copyright  ©  RIOT  2015  All  Rights  Reserved   Get CEO buy-in DO (3)
  6. 6. Copyright  ©  RIOT  2015  All  Rights  Reserved   Hire the right people. Hire the Chief IOT Officer DO (4)
  7. 7. Copyright  ©  RIOT  2015  All  Rights  Reserved   Have an IoT plan DO (5)
  8. 8. Copyright  ©  RIOT  2015  All  Rights  Reserved   Have an IoT budget DO (6)
  9. 9. Copyright  ©  RIOT  2015  All  Rights  Reserved   Change the process DO (7)
  10. 10. Copyright  ©  RIOT  2015  All  Rights  Reserved   Try IoT app even if its small DO (8)
  11. 11. Copyright  ©  RIOT  2015  All  Rights  Reserved   Learn from others DO (9)
  12. 12. Copyright  ©  RIOT  2015  All  Rights  Reserved   DO  before  others  DO   DO (10)
  13. 13. Copyright  ©  RIOT  2015  All  Rights  Reserved   Procrastinate DO NOT (1)
  14. 14. Copyright  ©  RIOT  2015  All  Rights  Reserved   Think its simple to catch-up DO NOT (2)
  15. 15. Copyright  ©  RIOT  2015  All  Rights  Reserved   Leave your assets alone non-monitored DO NOT (3)
  16. 16. Copyright  ©  RIOT  2015  All  Rights  Reserved   Work in silos DO NOT (4)
  17. 17. Copyright  ©  RIOT  2015  All  Rights  Reserved   Think IT is the only department responsible to implement IoT DO NOT (5)
  18. 18. Copyright  ©  RIOT  2015  All  Rights  Reserved   Think IoT is just a "technology push" DO NOT (6)
  19. 19. Copyright  ©  RIOT  2015  All  Rights  Reserved   Wait for National IoT Blueprint to launch DO NOT (7)
  20. 20. Copyright  ©  RIOT  2015  All  Rights  Reserved   Depend only on the government to start IoT initiatives DO NOT (8)
  21. 21. Copyright  ©  RIOT  2015  All  Rights  Reserved   Minus your IoT budget from the Company's equation DO NOT (9)
  22. 22. Copyright  ©  RIOT  2015  All  Rights  Reserved   Let your competitor take the lead DO NOT (10)
  23. 23. Copyright  ©  RIOT  2015  All  Rights  Reserved   TO MAKE SENSE YOU NEED TO MEASURE YOUR DATA MAKE SENSE?
  24. 24. Copyright  ©  RIOT  2015  All  Rights  Reserved   Wisdom Knowledge Information Data More Important Less Important Evaluated understanding Appreciation of Answers to questions. Symbols Understanding Answers to questions WHO WHY HOW WHAT WHERE WHEN VALUE IS CREATED BY MAKING SENSE OF DATA VALUE PYRAMID
  25. 25. Copyright  ©  RIOT  2015  All  Rights  Reserved   Idea   Build   Product   Measure   Data   Learn   THINK LIKE A START-UP Eric Ries Lean Startup Approach
  26. 26. Copyright  ©  RIOT  2015  All  Rights  Reserved   Forget about the Million Dollar IOT Idea Just start something. Anything.
  27. 27. Copyright  ©  RIOT  2015  All  Rights  Reserved   THANK YOU

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