Many organizations are struggling to realize the benefits of IoT, mIoT, IIoT, or any other naming convention used in the marketplace today to describe the Internet of Things . Most IoT initiatives never see the light of day and never go beyond the Proof of Concept (PoC) phase. That is largely due to the fact that most organization take a fairly IT centric approach to IoT and even when they take a business approach to it, it is mostly focused on a very limited aspect of the business and does not provide a roadmap to overall business enablement. That in return affects adoption and sponsorship. So it is not uncommon to see multiple IoT initiatives being chartered in an organization without coordination between the various stakeholders, utilizing various and different platforms that in essence defeats the purpose of IoT.
In this session Toyota and Hitachi Vantara will discuss the approach they partnered on developing to unlock the value of IoT by addressing key business areas and by focusing on business outcomes that are enabled through extraction of intelligence from operations and providing the business with actionable insights. The session will also focus on moving IoT initiatives from ideation to PoV and eventually Yokoten, roll out at a large scale. During the session, real life examples and use cases will be discussed to bring the conversation to life.