The Internet of Things the 4th Industrial Revolution
IIoT: Stretch Your BoundariesCIO Leadership Summit 2015October
26th, 2015
Everyday physical objects are becoming uniquely identifiable and
embedded with the ability to connect to other devices or
networksCopyright 2015 Accenture All rights reserved.2
ElectricityNuclearOil / Gas
DronePlane
House: Connected TV, Thermostat & Refrigerator
Health ProvidersStore: People interacting with store via beacons
& personal devices
TVsFoodClothesMedia
Pill
Bed
BillBoardWarnings
GovnBusiness
Toll
Manufacturer
FastFood
QR
City
Work
TrainCar
Manufacturing and Healthcare expected to share 30% of the
expected impactThe Industrial Internet opportunityCopyright 2015
Accenture All rights reserved.3Economic Value-Add by 2020 by
Industry Sectors (in $billions)The Industrial Internet of Things
(IIoT) will bring new economic growth, reinventing sectors that
account for almost two-thirds of world output.
Estimated economic gains globally$12tnSource: Gartner, Forecast
the Internet of Things, Worldwide, November 2013
IoT is a complex ecosystemCopyright 2015 Accenture All rights
reserved.480% Fortune 1,000 could offer public APIs by end of
20146.1BTotal number of app users by 202031EBMobile data traffic
per month by 202050BDevices expected by 20204.2BPeople accessing
4G-LTE networks by
2020DevicesNetworksAPIsAppsDataSensors212BSensors expected by
2020MappingBillingSocialSearchMarketing
User Data Transaction DataField DataInventoryDataPerformance
Data
Touch
InterfacesGestureTrackingAugmentedRealityVoiceRecognition
Location
Chemical
Heat
Sound
Light
Motion
The IoT vendor landscape has grown 3x in the last 24
monthsCopyright 2015 Accenture All rights reserved.5
May 2013 - 200 vendorsMay 2015 - more than 600 vendors
Source: FirstMark Capital/ TechCrunch
Typical problem statements for our clientsCopyright 2015
Accenture All rights reserved.6ACHIEVEoperational efficiency
MOVE FROMproduct focus to service focus
DISCOVERunconventional revenues
Industrial IoT adds incremental value in the near term and is
transformative over the long-termCopyright 2015 Accenture All
rights reserved.7
From Product toServiceOutcomeOperationalEfficiencyAsset
utilizationOperational cost reductionImprovement worker
productivity, safety and working conditionsNew Product&
ServicesNew business modelsPay per useSoftware based
servicesProduct / Service hybridsData monetizationAutonomousPull
EconomyContinuous demand-sensingEnd to end automationResource
optimizationand waste reductionOutcome-basedEconomyPay per
outcomeNew connected ecosystemsPlatform-enabled marketplaceIndustry
blur
Pull
1. BreakdownBreakdown maintenance, reactive mind-set
Connected asset managementCopyright 2015 Accenture All rights
reserved.8Intelligent Industrial Products, Processes and
Services
126
BenefitsCapability Maturity
5432. PlannedBreakdown maintenance includes prioritization in
maintenance planning
3. ConditionCondition monitoring and preventive maintenance to
increase equipment reliability
4. PreventivePreventative maintenance to avoid breakdowns,
includes prioritization to plan maintenance activities
5. PredictiveFocus on reliability & continuous equipment
improvements using monitoring techniques & bad actor
reports
6. CollaborativeFocus on integration and collaboration
Copyright 2015 Accenture All rights reserved.9
Connected WorkerCollaborationTracking
Safety
Copyright 2015 Accenture All rights reserved.10Accenture
partnered to leverage RFID location triangulation technology to
support real time visibility of over 1800 contractors and equipment
for a major industrial shutdownLocation visibility provides for
real time decision making as well as detailed analysis of the
information for trending and improvement analysis. The capabilities
support a balance of value propositions which improve safety,
productivity and proper cost auditing for vendor work
management.Major Mining Company
Copyright 2015 Accenture All rights reserved.11Connected ships
for HyundaiHyundai Heavy Industries, a world leading shipbuilder,
and Accenture are collaborating to design a connected smart ship
that will enable ship owners to better manage their fleets and
achieve potential operational savings through the application of
digital technologies. Services are expected to include real-time
alerts and warnings, predictive maintenance and more efficient
scheduling.
Copyright 2015 Accenture All rights reserved.12Ben
SalamaManaging DirectorAccenture Digital [email protected]
@BenSalama1@MobilityWise
Questions?
About AccentureAccenture is a global management consulting,
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people serving clients in more than 120 countries. Combining
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for the fiscal year ended Aug. 31, 2014. Its home page is
www.accenture.com. Accenture Digital, comprised of Accenture
Analytics, Accenture Interactive and Accenture Mobility, offers a
comprehensive portfolio of business and technology services across
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processes on their behalf, Accenture Digital helps clients leverage
connected and mobile devices; extract insights from data using
analytics; and enrich end-customer experiences and interactions,
delivering tangible results from the virtual world and driving
growth. Learn more about Accenture Digital at
www.accenture.com/digital.
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