Tech innovation is moving fast and the Internet of Things is poised to become the cornerstone of business growth. Download Whitepaper: http://tel.st/internetofthings

1. WHY YOUR BUSINESS NEEDS TO
CONSIDER THE INTERNET OF THINGS (IOT)
Tech innovation is moving fast and the Internet of Things
is poised to become the cornerstone of business growth.
IoT is the ability to connect devices to each
other and to the internet through secure networks.
Devices that can make up IoT include:
Sensors Computers Household
appliances
Vehicles Watches
An IoT solution for businesses could include:
Before implementing an IoT solution,
a business has to consider:
At its essence, an IoT solution can help businesses
make smarter, data-driven decisions.
... all connected to a central, secure program for analysing data.
And
more ...
$3.2BILLION 1 BILLION US$11.1
TRILLION
73%
Forecast spending
on IoT products and
services in 2019.1
Wireless IoT devices
shipped in 2015.2
Potential economic
impact by 2025.3
Of organisations
have or will deploy
an iOT solution in
12 months.4
In some cases,
actuators to
perform control
functions.
A central computing
resource for holding
and analysing data.
A communications
network (so the
information can
be shared).
Sensors that
generate information,
like temperature or
power use.
IoT links
networked devices with
sensors, software and
electronics to collect and
exchange data.
Using analytics and
automation, IoT can
provide data-driven
insights into key business
questions and problems.
With this data, businesses
can reduce costs, improve
efficiency and make
informed decisions.
IoT is driving innovation.There is almost
unprecedented opportunity to drive change and
efficiency through improved predictive analytics based
on the data collected by the connected (IoT) sensors.
– Dr Hugh Bradlow,Telstra Chief Scientist
SO, WHAT IS IOT?
HOW CAN BUSINESSES USE IOT?
KEY CONSIDERATIONS WHEN
IMPLEMENTING AN IOT SOLUTION
THE PATH TO IMPLEMENTING
AN IOT SOLUTION
HOW will your devices and assets be managed in the
short and long term? Do you have the resources for this?
HOW will your field services be managed,
including sensor repair and computer maintenance?
WHAT data and analytics are available to help manage
your IoT solution, and what volume of data are you expecting?
WHAT level of data and network security do you require
to protect your business’s and customers’ data?
IDENTIFY AND UNDERSTAND YOUR BUSINESS PROBLEM
And how this can be solved with efficiency, cost reduction
or by gaining business insights.
CHOOSE THE RIGHT TECHNOLOGY
Including what ‘things’ will be connected, and how
networks and device management will work.
SET UP FOR GREAT EXECUTION
Get buy-in from all key stakeholders and be
prepared for change with an agile business model.
DEFINE THE RIGHT OPERATING MODEL
Whether it’s fully outsourced, a bespoke system
or something in between.
SELECT THE RIGHT PARTNER
Look at their expertise, track record, ecosystem
and their commitment to your end goal.
Want to learn more about the IoT and how your
business can get the most out of it? Download Telstra’s
whitepaper now at tel.st/internetofthings
1
Telsyte forecasts (Telsyte, 2016)
2
Deloitte (TMT Predictions 2015)
3
McKinsey
4
IDC