Apac
  • Home
  • CXO Insights
  • CIO Speaks
  • Partner Conferences
  • Newsletter
  • Subscribe
  • News
  • About us
Apac
  • Agile

    Artificial Intelligence

    Augmented Reality

    Big Data

    Blockchain

    Cloud

    Cyber Security

    DevOps

    Digital Technology

    Enterprise Security

    HPC

    Internet of Things

    IT Services

    Mobility

    Networking

    Open Source

    POS

    QA and Testing

    Robotics

    SaaS Solutions

    Security

    Simulation

    Smart City

    Startup

    Storage

    Unified Communication

    Virtualization

    Web Development

    Wireless

  • Automotive

    Aviation and Aerospace

    Banking

    Compliance

    Construction

    Contact Center

    E-Commerce

    Education

    Energy

    Engineering

    Field Service

    FinTech

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Telecom

    Travel and Hospitality

    Utilities

  • Amazon

    CISCO

    Dynamics 365

    Google

    HP

    IBM

    Intel

    Microsoft

    Microsoft Azure

    Oracle

    Red Hat

    Salesforce

    SAP

    Share Point

    VMware

  • Business Intelligence

    Business Process Management

    CEM

    Cognitive

    Collaboration

    Corporate Finance

    CRM

    Data Center

    Disaster Recovery

    Document Management Systems

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Performance Management

    ERP

    Fleet Management

    Gamification

    Geographical Information System

    HR Technology

    IT Service Management

    Managed Services

    Payments

    PLM

    Procurement

    Project Management

    Risk Management

    Sales and Marketing

    Workflow

Menu
    • IoT
    • Amazon
    • Banking
    • Blockchain
    • CISCO
    • Cognitive
    • Compliance
    • Contact Center
    • Cyber Security
    • DevOps
    • E-Commerce
    • Field Service
    • Gov and Public
    • Healthcare
    • HR Technology
    • Managed Services
    • Manufacturing
    • Metals and Mining
    • Microsoft
    • Oracle
    • Pharma and Life Science
    • Retail
    More
    Contact Center Cyber Security DevOps E-Commerce Field Service Gov and Public Healthcare HR Technology Managed Services Manufacturing Metals and Mining Microsoft Oracle Pharma and Life Science Retail
    ×

    Subscribe to our Newsletter

    news
    news

    Join our mailing list for the latest articles, news, and exclusive insights from prominent technology leaders

    loading
    SUBSCRIBE

    Thank You for subscribing with us. We sent you an email regarding this.

    news

    • Home
    • Internet of Things
    Editor's Pick (1 - 4 of 8)
    left
    Connecting dots the IOT way!

    Sunil Singh, Regional Chief Information Officer, Coca-Cola Beverages Vietnam

    Disrupting the Automotive Industry through Digitalization

    Esteban Remecz, CIO, Asia Pacific, ZF Group

    Simplifying Deployment and Management of Branch Office Networks

    Ari Bose, CIO, Brocade

    Internet-of-Things: The Rise of Connected Businesses and Connected Lives

    Harnath Babu, CIO, KPMG India

    How IOT is Driving Competitive  Advantage to Asian Supply Chains?

    Steve Walker, CIO, DHL Supply Chain Asia Pacific

    Embracing Advanced Tech-enabled Solutions that Foster Innovation and Growth

    Steven Weinreb, CIO & EVP, Technology & Operations, Asia, MetLife

     IoT - A New Name for an Ambition the Industry has Held for Decades

    Mathias Steck, Executive Vice President and Regional Manager - Digital Hub, Asia, DNV GL

    Strategizing Business Policy for the Digital World

    Clive Dickens, Chief Digital Officer, Seven West Media

    right

    Paving the Way for IoT in Your Organization

    By Lou Lutostanski, VP, Internet of Things, Avnet

    Tweet
    content-image

    Lou Lutostanski, VP, Internet of Things, Avnet

    Technology has outpaced the human imagination in becoming more accessible, inexpensive, and high-performing than we ever thought possible. Take e-readers as an example, and how far we have come –from the humble Rocket eBook in the late 90s, and now, the Amazon Kindle.

    Such advances have given rise to the Internet of Things (IoT), a technology ecosystem that promises to connect –anything from a coffee machine to a jet engine– to the Internet. According to a forecast by Gartner, this will amount to over 20 billion connected devices by 2020, fuelled by the pervasiveness of the Internet globally.

    However, IoT goes beyond technology. At its core is the massive potential in transforming and creating new wealth avenues for businesses.

    While businesses are aware of the vast opportunities that IoT presents, many organizations have been apprehensive with regards to adoption, due to the risks and challenges involved in its implementation.

    Thus, in order for businesses to accelerate innovation by harnessing IoT, they have to overcome three key challenges – getting stakeholder buy-in, implementation and lifecycle management.

    Getting Stakeholder Buy-In

    Making the case for the adoption of IoT is often the first challenge that organizations face, especially when dealing with apprehensive stakeholders, who may believe that limitations, including high initial set up costs and difficulties in implementation, outweigh the benefits.

    This is where ecosystem partners come into play, to guide organizations on how best to implement IoT and demonstrate its utility within the business by showcasing the likely outcomes that can be achieved.

    Within organizations, it is equally important to have business leaders who understand the need for business transformation and who are supportive of developing IoT infrastructure to enable this.

    In order for businesses to accelerate innovation by harnessing IoT, they have to overcome three key challenges – getting stakeholder buy-in, implementation and lifecycle management

    IoT implementations would be successful if business leaders not only understand the project but are also able to articulate its benefits to other stakeholders, to gain support and funding.

    Implementation

    To explain IoT simply, it is the convergence of Operational Technology (OT) and Information Technology (IT) technologies. This enables more direct control and complete monitoring by facilitating easier data analysis from these systems from anywhere in the world.

    Given this level of complexity, businesses often find that implementations may involve up to 10 to 20 employees each time. Understandably, this may raise concerns of not having sufficient resources, and thereafter, needing to look for a third-party ecosystem partner that they can count on.

    Yet, this can result in tangible benefits to the organization if they are able to leverage the process, methodology and the relevant experience of the solution provider. This will be possible if they find an able partner to provide an end-to-end solution tailored to their organization’s requirements. More importantly, one that has the relevant industry know-how, including how to avoid implementation risks and ensure that regulations are complied with, in order to effectively and efficiently embark on the implementation of IoT.

    Recently we worked with MedloTek Health Systems, a developer of a patient monitoring system that was seeking a suitable partner to implement its VinCense system, comprising of a wearable that measures pulse rate, oxygen saturation, respiration rate and skin temperature, and an application that sends out alerts to five pre-configured numbers if the vitals go out of range. This included consultation on developing critical software stacks, as well as, engineering and consulting expertise to MedIoTek’s design team, from concept to the final solution.

    Lifecycle Management

    The third and final challenge involves the maintenance and updating of IoT systems and devices once the infrastructure is in place. This includes device management and firmware updates, which are crucial for enabling new functions and features to be added once a product has been implemented in the field, or to fix any firmware issues during usage. Businesses must build flexibility into their products to meet the evolving IoT ecosystem as new functionalities and regulations are adopted.

    As with the challenge of implementation, this can be easily addressed by working with the right ecosystem partner to mitigate associated risks and costs that may traditionally be required to update and upkeep IoT systems.

    Moving Forward with IoT

    The promise of IoT remains unchanged, from subtle efficiencies to disrupting industries and creating global economic impact, but it still is in its early days currently.

    While technology is no longer a limiting factor, organizations must first ensure they have the right infrastructure in place, stakeholder support and the right partner on board before they can effectively embark on implementation.

    Read Also

     IoT - A New Name for an Ambition the Industry has Held for Decades

    IoT - A New Name for an Ambition the Industry has Held for Decades

    Strategizing Business Policy for the Digital World

    Strategizing Business Policy for the Digital World

    Four fundamentals of Innovating for the Internet of Things

    Four fundamentals of Innovating for the Internet of Things

    Why the Internet of Things is so Difficult to Secure

    Why the Internet of Things is so Difficult to Secure

    Top 25 IoT Solution Providers - 2018

    Top 25 IoT Solution Providers - 2018

    Top 25 IoT Solution Providers - 2017

    Top 25 IoT Solution Providers - 2017

    25 Most Promising IoT Solution Providers

    25 Most Promising IoT Solution Providers

    Featured Vendors

    ZiMetrics

    Vikas Verma, CEO

    Indicium Dynamics

    Mike Ross, Founder & CEO

    IoT Special

    Copyright © 2019 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://internet-of-things.apacciooutlook.com/cxoinsights/paving-the-way-for-iot-in-your-organization-nwid-5256.html