Internet of Things and the business value of connectivity
Internet of Things and the business value of connectivity
Insight

Internet of Things and the business value of connectivity

IoT solutions that leverage devices, data, analytics, and automation to power insights, fuel growth, and improve customer experience.

More than just sensors

The Internet of Things (IoT) is more than just a collection of sensors that capture and share data for analysis. IoT has evolved from single point remedies to robust solutions, enabled through a network of interconnected devices and technologies to solve a spectrum of challenging business issues.


We help you turn IoT business challenges into business value by:

  • Developing a business-first, 'smart' strategy for reducing costs, increasing profitability, and powering productivity
  • Transforming your business operating model across people, processes, and technology
  • Leveraging analytics and Artificial Intelligence (AI) to power decision making, improve customer experience, and unlock new revenue streams
  • Integrating and improving legacy systems to accelerate operational performance and improve quality control
  • Securing and protecting your business from cyber threats and privacy risks

 

Top technologies for business transformation

1

Internet of Things

2

Robotic process automation (RPA, e.g. software bots)

3

Artificial intelligence, cognitive computing, machine learning

4 (tie)

Blockchain

4 (tie)

Robotics and automation (including autonomous vehicles)

 

Source: KPMG Technology Industry Innovation Survey 2019

 

 

Our key industry focus areas:

 


Our services

Ensuring the proper set of capabilities align with your unique business challenges, however, is anything but straight forward with a myriad of infrastructure, platforms, and application choices. A clear path to unite these technologies requires a properly formulated plan from business case to requirements to design and implementation. KPMG can help your business develop a sensible approach to harness the power of IoT.

KPMG helps our clients realize the value of IoT across our management consulting, risk, and tax practices.

Key services include:

  • Connectivity and IoT strategy
  • Use cases and business case development
  • Solution and architecture design
  • Technology selection 
  • Transformation program management
  • AI and analytics
  • Cybersecurity and risk management

Related service

Receive future insights on topics related to digital transformation, or request to be contacted by a KPMG professional.

Related content