Benefits from Internet-of-Things (IoT) Implementation

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

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Consumer Non-Durables, Energy, Industrial Manufacturing, Telecommunications, Transportation and Logistics, Utilities, Wholesale and Retail Trade

Function

Cross-Function

Source

Date Last Updated

February 19, 2019

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