5 Reasons To Choose A Purpose-Built
Industrial Innovation Platform

5 Reasons To Choose A Purpose-Built Industrial Innovation Platform

How Real Is the IoT Value Proposition?

You've seen the shocking estimates for how big the Internet of Things (IoT) will be. One says that by 2025 the IoT could be generating $11.1 trillion globally.

Such predictions might prompt excitement or an eye roll, but the reality is that IoT is already disrupting how leading companies engineer, manufacture, operate and service products across industries.

Ultimately, no business in any industry will be immune to IoT's impact or its opportunities. Learn More ▾

20.8 Billion Connected Devices By 2020

Source: Gartner

5X
Global
Population

Source: United Nations

4X
Cell Phones

Source: Statistica

B2B applications are expected to generate 70% of IoT value.

Source: McKinsey & Company

IoT/SMART, CONNECTED PRODUCTS

SMART MANUFACTURING/INDUSTRY 4.0

CONNECTED SERVICE/MAINTAINANCE

SMART CITIES, LOGISTICS, AND WORKSITES

Connected assets seamlessly share data, which inherently optimizes business processes across the enterprise.


ENGINEERING

ENGINEERING

Design for Continuous Innovation

Usage-based Requirements Analysis

Remote Software Management

Connected Quality


FINANCE

FINANCE

Usages-based Billing

Subscription Services

Warranty Management

Point-of-Sales Payments


OPERATIONS

OPERATIONS

Condition-Based Maintenance

Predictive Maintenance

Sensor and Data Aggregation

Manufacturing Operations

Intelligence


SALES

SALES

Marketing / Lead Generation

Product & Performance Benchmarking

Up-sell, Cross-sell, Automated Replenishment

New Offerings / New Markets


SERVICE

SERVICE

Remote Service

Automated Service

Customer Self Service

Predictive Service

Product as a Service

Industrial IoT Success: How Do You Get There?

Unlocking business value requires applications and solutions that connect people, systems and things. Getting there could be a complex endeavor, but it becomes more streamlined and simplified by empowering people with Industrial IoT-specific development, delivery and management tools.

Use a purpose-built industrial innovation platform to inherently streamline your approach. Here's why:

REASON 1

Connect Any Device, Any Cloud to Your IoT Infrastructure

Every IoT project and underlying connectivity is unique and requires strategic choices to best suit your Industrial IoT solutions and applications.

KEY TAKEAWAY

You will need both flexible design options and tools that automate and duplicate tasks to keep time and costs in check.

EXPERT INSIGHT

Get the facts on what is needed to connect networked devices:
Report: Connecting Networked Devices

READ THE REPORT

How Many Connected Things?

50 billion connected sensors, devices and machines estimated by 2025

Source: Cisco

REASON 2

Uncover the True Value of Your IoT Data

Industrial IoT success requires access to reliable and actionable intelligence in real time.

KEY TAKEAWAY

Your data strategy must easily and effectively mitigate the challenges posed by the volume, velocity and variety of IoT data.

OPERATIONALIZED ANALYTICS MATTERS

See what happens when you put IoT data to use:
Video: What to Expect with IoT Analytics

WATCH NOW

How Much Data?

VOLUME

IoT data will comprise up to 10% of the world's data by 2020.

Source: IDC

VELOCITY

With 3 billion new devices connected every year on average, data volume is growing at a previously unmatched pace.

Source: McKinsey & Company

VARIETY

IoT data is found in varying formats for various objects, in both structured and unstructured formats.

REASON 3

Deploy and Manage New, Innovative End-User Industrial IoT Solutions

Rapid product development is part of the IoT value proposition. Once in the field, connected products continue to return value as you help end-users manage them.

KEY TAKEAWAY

Optimize industrial IoT ROI by streamlining product development processes as much as possible; and by using a single interface to help end-users manage assets, software, content, alerts and integrations.

GET-STARTED GUIDE

Advice on real-world tools for a right-now project
Report: Foundational Elements of an IoT Solution

READ THE REPORT

How Connected Are We?

Only 0.6% of the things that could be connected to the Internet currently are.

Source: Cisco

REASON 4

Deliver New Types of User Experiences

IoT and Augmented Reality (AR) bridge the digital and physical worlds, allowing operators, technicians and consumers to experience products in a completely new way.

KEY TAKEAWAY

The aim is to empower teams with simple, powerful and scalable experience-creation capabilities without requiring deep programming or expertise in AR.

INSIDER INSIGHT

What does it take to build an industrial AR experience or proof of concept?
Webinar: Power of IoT Platforms for Building AR Apps

VIEW NOW

How Big Is the VR & AR Technologies Market?

$105.2 billion by 2020
67% increase from 2015

Source: BBC Research, "Virtual and Augmented Reality: Technologies and Global Markets"

REASON 5

Ability to Deploy on a Scalable, Secure Architecture

As the number of connected products grows astronomically, IoT deployments must be built from the ground up on a scalable platform that meshes with the shared-responsibility security model inherent in Industrial IoT.

KEY TAKEAWAY

Connected-product providers need one set of standard and scalable tools with easily configurable role-based authorizations, as well as an Industrial IoT platform that works in conjunction with the security protocols of the entire IoT ecosystem.

RISE TO THE CHALLENGE OF IoT SECURITY

Learn about best practices at the device and application level:
White paper: Protecting Smart Devices and Applications Throughout the IoT Ecosystem

START READING

Are You Concerned About Security?

Gartner predicts that by 2020, more than 25% of identified attacks in enterprises will involve IoT, despite IoT accounting for less than 10% of total IT security budgets.

Source: Gartner

Jumpstart Industrial IoT Success

Industrial IoT is already transforming how companies engineer, manufacture, operate, and service new and innovative products and services.

ThingWorx industrial innovation platform can jumpstart your team's IoT success by enabling:

Connectivity for any device, any cloud to your IoT infrastructure.

Discovery of the true value of your IoT data.

Deployment and management of new, innovative end-user Industrial IoT solutions.

Delivery of new types of user experiences.

For more information, learn about the ThingWorx IoT platform.