Internet of Things MIT Paper | HCL Technologies

IoT Maturity: Deriving Real Business Outcomes From IoT

In their journey towards IoT maturity, enterprises are looking to learn and adapt the best practices of their peers and partners to make the promises of IoT real. Organizations recognize the need to move from use-case based IoT to transformative IoT, which creates sustainable business value. The promise of IoT is great but realizing its full value requires clear vision and the right strategy. According to a recent Global IoT Report, many businesses have begun the journey, but defining the right IoT platform strategy is the key.

50%

Enterprises say they are behind the curve on IoT adoption

90%

Enterprises face challenges when deciding on the right IoT platform

Enterprises today are seeking transformative value from IoT. This Executive Scholar Exchange, as seen in MIT Sloan Management Review, provides a maturity framework for IoT adoption and a blueprint for large enterprises to exponentially increase the value derived from their IoT investments. It describes how moving across different levels of maturity level requires a strategy that includes an IoT platform at the core.

The paper also features insights from Stephanie L. Woerner, Research Scientist at the MIT Sloan Center for Information Systems Research on the four critical factors organizations need to keep in mind to realize the full value of their IoT investments.

Download this paper to get your blueprint for driving real business outcomes.

Sukamal Banerjee

Corporate Vice President, Hi-Tech &
Communications and Global Head, IoT WoRKSTM,
HCL Technologies

"Without a centralized IoT platform, businesses lack full visibility into the data that sensor-enabled assets generate."

Stephanie L. Woerner

Research Scientist, MIT Sloan
Center for Information Systems
Research

"The sweet spot is not simply IoT but
the ability to link IoT data with mobile
apps and real-time analytics"