visibility that’s visionary - smartpack 2030 · iot will be most important tech initiative over...
TRANSCRIPT
VISIBILITY THAT’S VISIONARY
Ivo Ølstørn, Sr. Channel Manager Norway
INTERNET OF THINGS
Jeff Immelt
Chairman & CEO
General Electric (GE)
“If you went to bed last night asan industrial company, you’re
going to wake up this morning as a
software and analytics company.”
The Industrial Revolution
The 4th Industrial RevolutionThe Rise of Software & Services
The 6 Megatrends
People and the Internet
Computing, Communi-
cations and Storage
Everywhere
The Internet of Things
Artificial intelligence (AI) and big
data
The Sharing Economy
and Distributed
Trust
The Digitization
of Matter
Source: World Economic Forum,
https://www.weforum.org/agenda/2016/01/the-fourth-industrial-
revolution-what-it-means-and-how-to-respond/
The 4th Industrial RevolutionThe Rise of Software & Services
Source: World Economic Forum,
https://www.weforum.org/agenda/2016/01/the-fourth-industrial-
revolution-what-it-means-and-how-to-respond/
The fourth industrial revolution will:
–Transform everything - from how businesses operate to how we live.
–Change entire systems of production and management.
–Affect every industry and country.
–Evolve at a rate we have not seen before.
Be unlike anything humankind has experienced before.
IOTA DRIVER OF CHANGE
FOR BUSINESSES
MAIN BUSINESS BENEFIT = ENHANCED CUSTOMER EXPERIENCE
4 in 5 technology buyers interviewed say
IoT will be most important tech initiative
over next decade
30-fold increase in internet-connected physical devices
by 2020
By 2017, more than 25% of products sold
by multichannel retailers will be priced
"in the moment"
RFID cuts item level tagged
out-of-stocks in retail by up
to 50%
VC investments in IoT startups increased 10X
2010 - 2014
Nearly 1/2 of IoT will be
business devices
2018
Business will invest $1/4
trillion in IoT
End of Decade
There will be 6 billion mobile phones but M2M taking 42% of the mobile bandwidth.
2013
11%
2015
33%
2020
42%
MACHINE GENERATED DATA IS ESTIMATED TO REACH 42% OF MOBILE TRAFFIC BY 2020
TAKING RETAIL AUTOMATION AND
PERSONALIZATION TO NEW HEIGHTS
Retail leads the way
2017 Retail Vision Study
Millennials are Reshaping the Face of Retail
12Source: Edelman
Savvy Retailers are Taking Note
13
RETAILERS ARE MAKING STRATEGIC INVESTMENTS TO ENHANCE THE
STORE EXPERIENCE, REDUCE OPERATING COSTS AND BEGET NEW REVENUE STREAMS
CHANGE IS HAPPENINGBY 2020…
ONLINE RETAIL SALES
THE MOBILE WORKFORCE
ON-DEMAND ECONOMY
DIGITAL PATIENT CARE
30%of hospitals running real-time healthcare systems
Gartner
HEALTHCARE RETAIL MANUFACTURING TRANSPORTATION& LOGISTICS
15%of shipments areinstant delivery
McKinsey
15%of retail sales occur online
(15% CAGR)
Gartner
42%of global workforce are
mobile workers
IDC
OUR JOURNEY
2015 2016 20XX
Sense Analyze ActSmarter
Devices
Smarter
Things
Smarter
EnvironmentsScalable Saleable Repeatable
INTERNET OF THINGS
CLOUD
MOBILITY
Source: World Economic Forum,
https://www.weforum.org/agenda/2016/01/the-fourth-industrial-
revolution-what-it-means-and-how-to-respond/
▪ Digital Disruption Is Driving Transformation
▪ Digital Maturity Has Four Dimensions
▪ Digital Teams Must Focus On Three Key Functional Activities
Are your business digital mature?
Forrester: The Digital Maturity Model 4.0
Forrester: The Digital Maturity Model 4.0
Source: World Economic Forum,
https://www.weforum.org/agenda/2016/01/the-fourth-industrial-
revolution-what-it-means-and-how-to-respond/
“Digital is the main reason just over half of the companies on the
Fortune 500 have disappeared since the year 2000” -Pierre Nanterme, CEO of Accenture
