Everything-As-A-Service: 5 enterprise takeaways from Smart IoT London

We visit Smart IoT London

I receive an awful lot of information about IoT and it tends to focus on several well-worn themes. These are mostly the vast untapped potential for humanity, the issues associated with security, problems with implementation and, of course, the ever growing array of sensors, products and new innovations on the market. So, today when I popped along to the Smart IoT event in London I wanted to see what else I could learn. One core message – like with much new technology – is that Internet of Things adoption is almost more about people and processes than it is about IT. I also thought the following five points were worth sharing:

We’re evolving towards Enterprise IoT – at present the term IoT can generate some confusion. This is because it can cover everything from basic M2M, consumer IoT and industrial IoT. Machina Research believes the future will be Enterprise IoT though, this will bring the whole process together.

Pre-cloud filtering makes more sense – many organisations are transferring huge amounts of data to the cloud and then filtering out the white noise once it is there. This is entirely the wrong way round and a process issue which highlights that businesses really must decide exactly what they need to capture up front. Otherwise it is just expensive, wasteful and pointless.

Just about anything can be sold as a service – the introduction of IoT means that the most unlikely companies can now make the transition from product manager to service provider. Ordinary light bulb makers can go smart in order to monitor numerous aspects of your environment and offer Light-As-A-Service. Old fashioned candle makers can go digital and provide highly targeted Fragrance-As-A-Service. The term for this – which few people appear to have heard before – is servitisation.

Surprisingly the biggest IoT issue is not security - Machina Research shows that most organisations which have not implemented IoT believe security will be their biggest problem. Those which have implemented IoT said the hardest part was actually pulling the whole ecosystem together. When you think about it this is not all that surprising. After all, anything that has to work across numerous different department siloes and make use of all kinds of elderly legacy kit is bound to be difficult for most organisations.

IoT is not a green field solution like people think – it is a brown field solution. This is because although many of the ideas are quite new, in practice implementation means working with all your existing technology, service providers and internal organisational idiosyncrasies. This means it will never really be a blank canvas to work from.


Further reading:

Do organisations really need a ‘Chief IoT Officer’?
The IoT “time bomb” report: 49 security experts share their views