THE GLOBAL MANUFACTURING & INDUSTRIALISATION SUMMIT

KNOWLEDGE HUB

The Role of the CIO in Integrating IIoT for Industrial Companies

DESCRIPTION

Our research, ongoing engagements, and discussions with senior executives point to the need for companies to map their IIOT plans and roadmaps on the basis of a reference architecture, which then enables them to redefine their ecosystems and IIOT strategies. The CIO’s role will touch various parts of their company more than ever, and they will also need to help their businesses operationalize rapid changes in business models, from products to services, cloud-based models, outsourced models, and others. We also expect most of the benefits of IIOT to go to those who can create aligned strategies and governance, adopt a culture of prototyping and design thinking, quickly hire the right teams and build capabilities, and can adapt their ecosystem of partners and suppliers to the future needs of their customers. It is an opportunity that few companies will want to miss!

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