IoTWorld Presentation by Accenture at DLA Piper Dinner
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The document discusses Accenture and the Industrial Internet of Things. It provides details about Accenture such as its size, clients, revenues, geographic presence, and services. It then defines the Industrial Internet of Things as the transformation of physical industries through connected products, systems, processes, people and services. It discusses examples of how the Industrial Internet of Things is being applied in connected energy, transportation, and health. It also outlines the benefits of the Industrial Internet of Things and factors that are enabling its growth.
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IoTWorld Presentation by Accenture at DLA Piper Dinner
- 1. Industrial Internet of Things May 12, 2015 ! Dadong!Wan,!Ph.D.,!Fellow! Accenture!Technology!Labs! ! ! Copyright!©!2015!Accenture.!All!rights!reserved.!!
- 2. 323,000 employees Clients include 89 of the Fortune Global 100 Offices in 200 cities, clients in 120 countries Ranked among top 50 best global brands FY14 Revenue $30 Billions Five Operating Groups Covering 19 Industries Communications, Media, Tech ($5.9B) Financial Services ($6.5B) Health and Public Service ($5.0B) Products ($7.4B) Resources ($5.1B) Accenture is a global management consulting, technology services and outsourcing company Copyright © 2015 Accenture All rights reserved. Three Geographies Americas ($14.2B) EMEA ($11.9B) Asia Pacific ($4.0B) Services Offered through Four Growth Platforms Strategy Digital Technology Operations
- 3. Accenture Open Innovation Copyright © 2015 Accenture All rights reserved.
- 4. What%is%the%Industrial%Internet%(of%Things)?% “…Transformation of physical industries through connected products, systems, processes, people and services.” Efficiency,%Experience,%&%Business%Models% Copyright © 2014 Accenture All rights reserved. 4 • Visibility% • AutomaDon% • Scale%
- 9. Industrial%IoT%is%everywhere%and%the%benefits%are%in%the% trillions%of%dollars% Copyright © 2014 Accenture All rights reserved. 9 Source:(World(Bank(2011,(GE(2012( Source:(Cisco,(2013(
- 10. Industrial%IoT%is%not%new,%so%why%now?% Cloud%Storage% Inexpensive & abundant storage enables aggregation of data streams from a variety of sources Industrial%IoT% Embedded%Sensors% Powerful but miniaturized sensors becoming universal connectors between physical & digital world Ubiquitous%connecDvity% Ubiquitous connectivity extended to physical products, infrastructure & things RealODme%AnalyDcs% A combination of cloud and edge analytics enables real-time response to cyber-physical systems 10Source:(BGI(Copyright!©!2015!Accenture.!All!rights!reserved.!!
- 12. <WEF stats> 12Copyright © 2015 Accenture All rights reserved. Source: www.weforum.org/reports/industrial-internet-things-unleashing- potential-connected-products-and-services say that the disruption will occur within five years 78% have a funded IIoT strategy 7% indicate that businesses are not ready for it now 88% believe that the Industrial Internet is disruptive 72%
- 13. The adoption of the Industrial Internet will be driven by incremental benefits in a near-term and transformational new business models over a long term 13Copyright © 2015 Accenture. All rights reserved. 1. Operational Efficiency 2. New Product & Services 3. Outcome-based Economy • Asset Utilization • Operational cost reduction • Worker productivity • New business models • Software-based services • Data Monetization • Pay-per-outcome • New connected ecosystem • Platform-enabled market place Near-term Long-term 4. Autonomous Pull Economy • Continuous demand sensing • End-to-end automation • Resource optimization and waste reduction Workforce Transformation Ecosystems & Platforms ROI & Business Models
- 14. Copyright © 2015 Accenture All rights reserved. The Internet of Me Outcome Economy Platform (R)evolution Intelligent Enterprise Workforce Reimagined Five Technology Trends Driving the “We Economy” 1 2 3 4 5
- 15. 1 The Internet of Me: Our world, personalized. Copyright © 2015 Accenture All rights reserved.
- 16. 2 Outcome Economy: Hardware producing hard results. Copyright © 2015 Accenture All rights reserved.
- 17. 3 Platform (R)evolution: Defining ecosystems, redefining industries. Copyright © 2015 Accenture All rights reserved.
- 18. 4 Intelligent Enterprise: Huge data, smarter systems— better business. Copyright © 2015 Accenture All rights reserved.
- 19. 5 Workforce Reimagined: Collaboration at the intersection of humans and machines. Copyright © 2015 Accenture All rights reserved.
- 20. 20 The vast potential of the Industrial Internet is tampered with significant future risks Copyright © 2015 Accenture All rights reserved. Security vulnerabilities due to connectivity to the global network (92%) Disruptions in business model or disintermediation (88%) Privacy breaches due to increasing availability of personal data (88%) Job losses and social dislocation due to increasing automation (55%) System breakdowns due to complexity while human life is at stake (39%)
- 21. 21Copyright © 2014 Accenture All rights reserved.