Proof Point
Bellwethers––organizations that have scaled up implementation of IoT––have greater gains in efficiency, productivity, financial benefits, and customer satisfaction than counterparts in Capgemini study
Benefits from Internet-of-Things (IoT) Implementation
2018 (percentage of respondents)
| Note: | Data based on Capgemini's survey of 316 respondents from companies implementing IoT in Operations, from automotive, industrial manufacturing, retail, telecommunications, consumer goods, and energy & utilities sectors across U.S., U.K. France, Germany, China, and Netherlands. |
Proof Point Findings
- Internet-of-Things – Network of physical objects and virtual platforms embedded with software, sensors, and network connectivity that are capable of collecting and exchanging data
- Bellwethers – Exceptional organizations that have taken 50% or more of IoT use cases from pilot to scale
- Efficiency and Productivity – 68% of bellwethers achieved above average efficiency upon implementing IoT, with 64% also experiencing higher levels of productivity, more than double than other organizations
- Financial Gains – Six in ten of bellwethers also said they had greater than average cost reduction, higher margins and revenue, twice compared to non-bellwether organizations
- Customer Satisfaction – More than half (54%) of bellwethers achieved more customer satisfaction from IoT deployment, compared to quarter of all other companies
- Key Growth Drivers – Include increasing affordability of IoT devices, proliferation of new Internet-of-Things modules, growing industrial application of IoT devices, greater drive for efficiency gains, and expanding network connectivity
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Accelerator |
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Business Model and Practices Business Model |
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Sector |
Consumer Non-Durables, Energy, Industrial Manufacturing, Telecommunications, Transportation and Logistics, Utilities, Wholesale and Retail Trade
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Function |
Cross-Function
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Source |
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Date Last Updated |
February 19, 2019
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