Blueprint

HfS Blueprint Report: Internet of Things (IoT) Services 2016

Oct 20, 2016 Pareekh Jain Former HfS Analyst

WHAT THIS BLUEPRINT REPORT COVERS

This report focuses on innovation and execution around both the industrial internet and the newer, emergent areas of modern digital IoT efforts in multiple business verticals. The aim is to provide insights, provider strengths and weaknesses and market intelligence from the multiple industry verticals that are striving to accrue value from the ever greater data flows IoT enables.

 

KEY MARKET DYNAMICS

  • While IoT is a buyer's market today, leaders are emerging that will be sought after to create secure, high-quality, end-to-end platforms as demand increases.
  • Much of the strategically important work being done is under tight client non-disclosures, so there tends to be a public bias in discussion of IoT efforts around mature and industrial work that aren't necessarily market differentiators.
  • Skill sets are highly varied across suppliers, with big differences between the relatively mature world of industrial equipment sensor data flow work and partners that can help envisage entrepreneurial new ways to create business value from emergent digital innovation.
  • The market is accelerating fast, with acquisitions and build outs of provider competencies to serve a rapidly expanding area.
  • There is a huge difference between IoT point solutions and data flows to larger digital business platforms.

 

WHO SHOULD READ THIS REPORT

Digital strategists, executive leaders and business unit leaders, shared services and outsourcing and procurement managers, advisors, investors who have responsibilities in building out service delivery capabilities.

 

SERVICE PROVIDERS WE DISCUSS

Accenture, Atos, Cognizant, Dell Services, EPAM, Genpact, Harman, HCL, IBM, Infosys, Luxoft, NIIT Technologies, NTT DATA, Syntel, TCS, Tech Mahindra, Tieto, VirtusaPolaris

 

WHAT YOU’LL KNOW AFTER READING

Readers will have a deeper understanding of the forces shaping market dynamics and direction, and insights into IoT services providers, their varied focuses and competencies. Many of the providers we assess are capable of designing and integrating IoT data flows into large scale, complex digital platforms to serve specific business needs, while others are services groups within larger entities that are manufacturing smart products in smart factories already.

 

You’ll gain insights that will help evaluate the best supplier and partner fit to achieve specific digital business goals within different business parameters, and the interesting sharing of risks and rewards some providers will partner around to drive your market growth. Best practices and table stakes such as security and standards are discussed, and the intent of this report is to provide valuable intelligence and a valuable reality check on what is really going on in the IoT services world.


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