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Business segments for IoT/IIoT implementation (Source: Ahmed Banafa: "What is next for IoT and IIoT", Enterprise Mobility Summit, Australia 2015) 

Business segments for IoT/IIoT implementation (Source: Ahmed Banafa: "What is next for IoT and IIoT", Enterprise Mobility Summit, Australia 2015) 

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Conference Paper
Full-text available
http://ciet.oss.unist.hr/sites/default/files/pictures/CIET%202018%20Conference%20Proceedings.pdf ..........Pp.487-497................. The drive to develop towards Industry 4.0 requires appropriate infrastructure in order to harness the full potential of its smart services in the future. Existing manufacturing infrastructure include the following:...

Contexts in source publication

Context 1
... Developing the right business models: 32,5%,  Creating new services: 25%  Developing the right partnerships: 17,5%,  Security: 10%,  Personal issues / lack of skills: 5%,  Technology issue: 5%,  Lack of scale: 2,5%,  Other: 2,5%. (Zerfassa, et al., 2017, Slideshare) In addition, 90% of survey participants believed that digital transformation within their businesses will be finished in five years or by 2022. Issues identified by these participants in this digital transformation included the following: improved customer experience as the main aim of digital transformation, reduced complexity, automated/realtime processes, reduced OPEX and new products/services ("smartizing"). But their biggest challenges identified were the big and complexed projects, lack of strategy and lack of quality staff (Zerfassa, et al., 2017). Thus, key managers believe that digital transformation is required, but on other hand, they think/know this process will be very complex and it will take a lot of time for finishing it before unleashing their smart products and services. They detected that the main competitors in their content space were Netflix, Google, Amazon and Facebook. Apart from the Zerfassa, et al. (2017) survey, a similar analysis was presented by Banafa (2015) on the potential business segments for implementation of IoT/IIoT as shown in Figure 1. Apparently, business segments will be exposed to IoT/IIoT influence as shown in Figure 1. and changed in the years to come in the Industry 4.0 era. Based on previous surveys that were analyzed in this article, it is clear that the Business to Business segment or IIoT will be bearers and leaders of these changes. However, in three, five, or even ten years, all business segments will be exposed to these changes and people's private lives and business environments will be dramatically changed. As such, it is imperative that mobile telecom operators pursue digital transformation and become mobile ICT operators for the unleashing of smart products and services as illustrated in Figure 2. According to some assumptions, IoT/IIoT business potential will be between 2,5 and 3 trillion US dollars. And that money lies in five previous shown segments. Mobile telecom operators can earn only one, small part of new income or they can change their business models, get into another areas of IoT ecosystem and get new income and profit higher than they would be able to earn only in one of these ...
Context 2
... Developing the right business models: 32,5%,  Creating new services: 25%  Developing the right partnerships: 17,5%,  Security: 10%,  Personal issues / lack of skills: 5%,  Technology issue: 5%,  Lack of scale: 2,5%,  Other: 2,5%. (Zerfassa, et al., 2017, Slideshare) In addition, 90% of survey participants believed that digital transformation within their businesses will be finished in five years or by 2022. Issues identified by these participants in this digital transformation included the following: improved customer experience as the main aim of digital transformation, reduced complexity, automated/realtime processes, reduced OPEX and new products/services ("smartizing"). But their biggest challenges identified were the big and complexed projects, lack of strategy and lack of quality staff (Zerfassa, et al., 2017). Thus, key managers believe that digital transformation is required, but on other hand, they think/know this process will be very complex and it will take a lot of time for finishing it before unleashing their smart products and services. They detected that the main competitors in their content space were Netflix, Google, Amazon and Facebook. Apart from the Zerfassa, et al. (2017) survey, a similar analysis was presented by Banafa (2015) on the potential business segments for implementation of IoT/IIoT as shown in Figure 1. Apparently, business segments will be exposed to IoT/IIoT influence as shown in Figure 1. and changed in the years to come in the Industry 4.0 era. Based on previous surveys that were analyzed in this article, it is clear that the Business to Business segment or IIoT will be bearers and leaders of these changes. However, in three, five, or even ten years, all business segments will be exposed to these changes and people's private lives and business environments will be dramatically changed. As such, it is imperative that mobile telecom operators pursue digital transformation and become mobile ICT operators for the unleashing of smart products and services as illustrated in Figure 2. According to some assumptions, IoT/IIoT business potential will be between 2,5 and 3 trillion US dollars. And that money lies in five previous shown segments. Mobile telecom operators can earn only one, small part of new income or they can change their business models, get into another areas of IoT ecosystem and get new income and profit higher than they would be able to earn only in one of these ...
Context 3
... Developing the right business models: 32,5%,  Creating new services: 25%  Developing the right partnerships: 17,5%,  Security: 10%,  Personal issues / lack of skills: 5%,  Technology issue: 5%,  Lack of scale: 2,5%,  Other: 2,5%. (Zerfassa, et al., 2017, Slideshare) In addition, 90% of survey participants believed that digital transformation within their businesses will be finished in five years or by 2022. Issues identified by these participants in this digital transformation included the following: improved customer experience as the main aim of digital transformation, reduced complexity, automated/realtime processes, reduced OPEX and new products/services ("smartizing"). But their biggest challenges identified were the big and complexed projects, lack of strategy and lack of quality staff (Zerfassa, et al., 2017). Thus, key managers believe that digital transformation is required, but on other hand, they think/know this process will be very complex and it will take a lot of time for finishing it before unleashing their smart products and services. They detected that the main competitors in their content space were Netflix, Google, Amazon and Facebook. Apart from the Zerfassa, et al. (2017) survey, a similar analysis was presented by Banafa (2015) on the potential business segments for implementation of IoT/IIoT as shown in Figure 1. Apparently, business segments will be exposed to IoT/IIoT influence as shown in Figure 1. and changed in the years to come in the Industry 4.0 era. Based on previous surveys that were analyzed in this article, it is clear that the Business to Business segment or IIoT will be bearers and leaders of these changes. However, in three, five, or even ten years, all business segments will be exposed to these changes and people's private lives and business environments will be dramatically changed. As such, it is imperative that mobile telecom operators pursue digital transformation and become mobile ICT operators for the unleashing of smart products and services as illustrated in Figure 2. According to some assumptions, IoT/IIoT business potential will be between 2,5 and 3 trillion US dollars. And that money lies in five previous shown segments. Mobile telecom operators can earn only one, small part of new income or they can change their business models, get into another areas of IoT ecosystem and get new income and profit higher than they would be able to earn only in one of these ...
Context 4
... Developing the right business models: 32,5%,  Creating new services: 25%  Developing the right partnerships: 17,5%,  Security: 10%,  Personal issues / lack of skills: 5%,  Technology issue: 5%,  Lack of scale: 2,5%,  Other: 2,5%. (Zerfassa, et al., 2017, Slideshare) In addition, 90% of survey participants believed that digital transformation within their businesses will be finished in five years or by 2022. Issues identified by these participants in this digital transformation included the following: improved customer experience as the main aim of digital transformation, reduced complexity, automated/realtime processes, reduced OPEX and new products/services ("smartizing"). But their biggest challenges identified were the big and complexed projects, lack of strategy and lack of quality staff (Zerfassa, et al., 2017). Thus, key managers believe that digital transformation is required, but on other hand, they think/know this process will be very complex and it will take a lot of time for finishing it before unleashing their smart products and services. They detected that the main competitors in their content space were Netflix, Google, Amazon and Facebook. Apart from the Zerfassa, et al. (2017) survey, a similar analysis was presented by Banafa (2015) on the potential business segments for implementation of IoT/IIoT as shown in Figure 1. Apparently, business segments will be exposed to IoT/IIoT influence as shown in Figure 1. and changed in the years to come in the Industry 4.0 era. Based on previous surveys that were analyzed in this article, it is clear that the Business to Business segment or IIoT will be bearers and leaders of these changes. However, in three, five, or even ten years, all business segments will be exposed to these changes and people's private lives and business environments will be dramatically changed. As such, it is imperative that mobile telecom operators pursue digital transformation and become mobile ICT operators for the unleashing of smart products and services as illustrated in Figure 2. According to some assumptions, IoT/IIoT business potential will be between 2,5 and 3 trillion US dollars. And that money lies in five previous shown segments. Mobile telecom operators can earn only one, small part of new income or they can change their business models, get into another areas of IoT ecosystem and get new income and profit higher than they would be able to earn only in one of these ...

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Conference Paper
Full-text available
http://ciet.oss.unist.hr/sites/default/files/pictures/CIET%202018%20Conference%20Proceedings.pdf Pp.487-497 ........................... The drive to develop towards Industry 4.0 requires appropriate infrastructure and upgraded educational programmes in order to harness the full potential of its smart products, services and job opportunities in the...