The Full Spectrum of IoT Electronics
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The document discusses how the Internet of Things (IoT) is driving a fundamental shift in the $3 trillion electronics industry from product-based to sensor and data-driven services. It outlines several industry segments that can benefit from an IoT strategy, including medical devices, consumer electronics, network equipment, office products, semiconductors, and power/automation. Representative IoT transformations are presented for each segment, such as asset optimization, intelligent fulfillment, plant performance management, and connected products.
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The Full Spectrum of IoT Electronics
- 1. The full spectrum of IoT electronics
- 2. Electronics Industry Megatrends Fundamental shift from products to IoT sensor/data-driven services in a $3+ trillion electronics industry Fierce Competition Technology Advancements Globalization Empowered Users Growth Markets
- 3. Office Products & Computers Many segments benefit from a strong IoT electronics strategy Consumer Electronics & Appliances Network Equipment Providers Medical Devices Semiconductor Suppliers & Mfg Services Power & Automation Equipment
- 4. Medical Devices As chronic diseases and patient data continue to escalate, IoT has a tremendous role to play to open up new medical markets, new segments for existing product categories, and help deliver high-quality services with exceptional efficiency.
- 5. Consumer Electronics & Appliances IoT in Consumer Electronics is largely about capturing device data, applying analytics to understand the data, and using these newfound insights to securely deliver innovative end-user experiences, optimize operations, extend product functionality and become integral to consumers’ lives.
- 6. Network Equipment Providers To address the challenges of price competition, cost containment and data explosion, Network Equipment Providers (NEPs) need to have deep IoT capabilities in service after sales (including predictive maintenance), network traffic optimizatio, and software development.
- 7. Office Products & Computers IoT will connect all devices in the office, delivering new and secure business value with personalized end-user services, energy efficiencies, and improved business processes such as field service optimization.
- 8. Semiconductor Suppliers & Mfg Services Semiconductor companies can reinvent fabrication processes and equipment uses, delivering fully secure factory visibility, equipment automation, proactive maintenance and energy management.
- 9. Power & Automation Equipment Power & Automation equipment manufacturers can take advantage of secure IoT intelligent devices and systems to make better business decisions around asset utilization and performance, while simultaneously optimizing equipment interoperability and service efficiency.
- 10. The evolution of electronics “These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition.” Cloud ComputingConnectivity Big Data & AnalyticsSensors & Actuators Internet of Things 1933 First room thermostat introduced 1971 AlohaNet is first public wireless packet data network 1998 John Masey, Chief Scientist at SGI presents a paper titled “Big Data…and the Next Wave of Infrastress” 1999 Cloud computing is introduced to the enterprise 2010 The IoT and interconnectivity create novel possibilities for electronics
- 11. IoT for Electronics is a Disruptive Business Opportunity IoT for the Home IoT for the Office IoT for High Tech Manufacturing IoT for Healthcare
- 12. Electronics offerings Representative transformations Electronics “Asset Optimization” Enable highly optimized device performance to achieve improved performance while lowering operating costs
- 13. Electronics offerings Representative transformations Electronics “Intelligent Fulfillment” Capabilities and analytics to utilize performance data; proactive service recommendation, repair or replacement before system failure
- 14. Electronics offerings Representative transformations Manufacturing “Plant Performance Management” Improve uptime and reduce OPEX costs with analytic capabilities complementing plant asset management
- 15. Electronics offerings Representative transformations Electronics “Connected Products” Create new client experiences and reduce service / warranty costs through connectivity and analysis of in-home and commercial products
- 16. Electronics offerings Representative transformations Electronics “Remote Management and Consumer Insights’’ Frictionless, secure and (client) transparent lifecycle management of electronic devices from onboarding to updating
- 17. Electronics offerings Representative transformations Electronics Connected Products “After Market Service” Enable/enhance new business models and improve client experience through remote connectivity to enrich lifecycle management of deployed products
- 18. Segment Use Cases Semi Conductor Consumer Electronics Office Products Medical Devices Power & Automation Eldercare In-home Chronic Disease Treatment Emergency assistance & Safety Alerting Digital Hospital Wearables Cross Sell & Upsell Warranty Management Usage Analytics Value Added Services New Product Categories/Consumables Wearables Field Service Optimization Energy Efficiency End User Engagement Product-as-a-Service Intelligent Supply Chain Proactive Maintenance Equipment Automation Optimize Fab Processes & Equipment Usage Proactive Maintenance Fleet & Network Optimization Enhanced Performance Service Efficiency Intelligent Supply Chain Network Equipment Intelligent Supply Chain Consensual Device Control Network Traffic Optimization Dynamic Network Rebalancing IBM IoT For Electronics
- 19. To learn more about how IoT electronics work, visit http://ibm.co/IoT4EPhD