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Internet of Things Executive Checklist

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Internet of Things Executive Checklist

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Internet of Things Executive Checklist

  1. 1. © 2015 SAP SE. SAP and the SAP logo are trademarks and registered trademarks of SAP SE. Executive Checklist 2014 Asia/Pacific 58.3% Asia/Pacific 51.2% Western Europe 12% North America 26.8% Latin America 1.2% CEMA 1.8% Western Europe 19.5% North America 26.4% Latin America 0.9% CEMA 2% 2020 C-Level Checklist Internet of Things Global Growth Key Facts Is there executive vision for a digital transformation? Is there a unified service and support strategy around IoT? Is a culture of innovation being established? Do we have the right skills? Is there an integration strategy? How will existing business models and competitors change with digital innovations? Have security considerations been addressed? Has the beachhead project been established? How will success be measured and improved? OF Total $655.8B Total $1,676.5B The worldwide Internet of Things market, consisting of devices, IT services and connectivity, will grow to $1.7 trillion in 2020 with a compound annual growth rate (CAGR) of 16.9%, according to IDC. There will be 4.9 billion connected things in use by the end of 2015; by 2020 that number will grow to 25 billion, according to Gartner. 6 of 10 CIOs surveyed by the Economist Intelligence Unit say that not being able to adapt for hyper-connectivity is a “grave risk” to their business. B2B applications have potential to generate 70% of the economic value from IOT overall. (McKinsey Global Institute, 2015) IoT global revenues by technology top performers, according to IDC: • Analytic software (19.9%) • Purpose built IOT platforms (19.2%) • Connectivity (18.5%) • IoT technologies as a service (18.5%) 70% Learn more today at go.sap.com/services.html

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