Get Started with IoT Assess Your Smart, Connected Product Opportunity What is the Internet of Things (IoT)?
The Internet of Things (IoT) represents a massive disruptive innovation that Michael Porter and Jim Heppelmann explored in the recent Harvard Business Review article, How Smart, Connected Products Are Transforming Competition. While excitement about the business opportunity of IoT is high, it is tempered by uncertainty. Business leaders, challenged with quickly gaining competitive advantage while proving long-term business value, are unsure where – and how – to start their IoT journey.
The connectivity of businesses, products, services and customers to provide enhanced, customer experiences.
Common IoT Challenges Islands of inconsistent views exist within executive leadership
At Kalypso, we partner with organizations to deliver better results from innovation. Our Innovation Results Transformation approach guides clients on the path to improve innovation performance for sustained, bottomline growth – year over year.
R&D leadership focused on traditional competencies
We apply this approach to not only help clients get started with IoT but to understand the results that can be achieved, then develop a compelling case for action. Through strategic planning, organizational alignment, rapid prototyping and solution delivery, our practical, low-risk model is designed to deliver quick wins that prove the business value of IoT.
Current organization not designed to deliver desired results
Take the First Step The first step in your IoT journey is to analyze the business and innovation impact of IoT, including where your organization is today and the results you need to achieve tomorrow.
IT eager to start, but unsure of requirements Operating leadership unsure of impact to current operations
Organization not clear on the problem to be solved to deliver innovation success
Smart, Connected Product (SCP) Opportunity Assessment, a Starting Point in Innovation Results Transformation for IoT TAKE STOCK PREPARE BUILD SCALE SUSTAIN
kalypso.com/scp
The Innovation Results Transformation Approach
Kalypso’s Smart, Connected Product (SCP) Opportunity Assessment systematically determines your IoT entry point through a series of in-depth interviews and workshops. The SCP Opportunity Assessment is a three-week engagement that accelerates strategic, results-driven dialogue at the leadership level. We work with your team to: ∙∙ Assess current and long-term strategy, results, threats and opportunities ∙∙ Generate ideas and concepts, then facilitate feedback ∙∙ Select the most promising ideas and prepare a high-level roadmap of next steps PREPARATION
NEEDS Assessment
Workshop
POSSIBILITIES
Workshop
IDEAS
Selection
PATH
Forward
SCP Opportunity Assessment Overview
Start Small, Build Incrementally with IoT At Kalypso we combine innovation consulting and industry experience with hands-on IoT technical expertise and delivery capability. We understand that IoT is a multi-functional journey that requires organizations to “start small and build incrementally,” quickly demonstrating value to develop the case for additional investment. A disruptive innovation such as IoT requires a proactive assessment of the impact on your business and industry. Our Innovation Results Transformation approach helps you understand what results are possible with IoT, where to start and how to transform your organization to deliver on its promise. US A ndrew Timm
[email protected] or +01 (1) 612 325 5157 Michael Glessner
[email protected] or +01 (1) 484 557 9194 EU Mick Broekhof
[email protected] or +31 651 186 191
Recommended Reading The Real Business Value of the Internet of Things by Andrew Timm and Dave Westrom
How to Avoid the Internet of Things “Trough of Disillusionment” by Brittany Magouirk
How Smart, Connected Products Are Transforming Competition by Michael Porter and Jim Heppelmann
Kalypso is a global innovation consulting firm. We work with organizations to deliver better results from innovation. For more information, visit kalypso.com. Follow Kalypso on Twitter @KalypsoLP and on Facebook at Facebook.com/KalypsoLP.