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IIoT & Digital Transformation – Payback? Where we are going, we don’t need payback.

Sponsored by Honeywell Intelligrated

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  • Date Tuesday, March 10, 2020
  • Time 1:00 PM - 1:45 PM
  • Location Theater D
  • Type Seminar

Presented By

Will Leet - Manager, Product Management
Honeywell Intelligrated
william.leet@honeywell.com

 

What You Will Learn

It’s impossible to ignore the hype around the Industrial Internet of Things – Get connected! Go digital! There’s a race to install the next smart widgets and put everything in the cloud where you can leverage big data for advanced analytics insights. Then, to add complexity, there are numerous players in the market undergoing constant evolution and its challenging to differentiate between them. In this IIoT race, companies are at risk of either stalling out with decision paralysis (tortoises); or they’ve jumped the gun and gambled on the first or cheapest technology they’ve come across (hares). To get ahead, companies need to have a measured strategy to quantify, evaluate, and adopt IIoT technology and it had better include a business case. This seminar will provide strategy and insight to explore, quantify, and measure the projected business impacts to quickly and accurately evaluate IIoT technology.
 

Key Takeaways

- Understand and set financial criteria for quickly evaluating IIoT technology
- Risk and sensitivities for IIoT adoption
- How to quantify tangible benefits
- How to recognize and account for intangible benefits
- Prove it – how to validate financial performance before scaling

 

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