Accelerating the Impact of Industrial IoT Sao Paulo Co-Design Workshop The World Economic Forum is the International Organization for Public-Private Cooperation.
Accelerating the Impact of Industrial IoT Sao Paulo Co-Design Workshop What is our objective? What are we doing about it? What impact will we have?
Accelerating the Impact of Industrial IoT What is our objective? % of IoT projects fail Source: Connected Futures Cisco Research: IoT Value: Challenges, Breakthroughs, and Best Practices
Accelerating the Impact of Industrial IoT What is our objective? Project Objective Decrease project failure rates Increase adoption and best practice
Accelerating the Impact of Industrial IoT What is our objective? Use of big data from enterprise's smart devices or sensors, EU - 28 40% Large enterprises are 6x more likely to use 35% big data from smart devices or sensors than 30% % of enterprises SMEs 25% 20% Large enterprises (Avg 18%) 15% 10% 5% SMEs 0% (Avg 3%) Note: Large Enterprises have > 249 employees, SMEs have <250 employees Source: OECD, SME and Entrepreneurship Outlook 2019
Accelerating the Impact of Industrial IoT What is our objective? SME economic contribution in OECD Area Why is this important? 100% 90% 80% Integral to supply 70% chains Large 60% Corporations 50% 99% SMEs Employ the 40% majority of 50%- 30% 60% workers globally 60% 20% 10% 0% Key to social % of Businesses % of employment % of value added mobility and innovation Note: Large Enterprises have > 249 employees, SMEs have <250 employees Source: OECD, SME and Entrepreneurship Outlook 2019
Accelerating the Impact of Industrial IoT What is our objective?
Accelerating the Impact of Industrial IoT What are we doing about it? Kick-Off Workshop Brainstorm Kick-Off Workshop Discussion Interviews and analysis 10 Challenges Selected to Prioritize 35 Challenges SMEs 74 Findings Face in Industry 4.0 8 Clusters
Accelerating the Impact of Industrial IoT What are we doing about it? July Aug Sept Nov Dec Oct Kick-Off Policy Prototype with 14 SMEs Meetings, Site Visits, Business Case, Vendor Technology Interviews Selection, Funding Model Implementation Co-Design Solution Meeting Design Meetings, Site Visits Workshop Interviews Kick-Off Pilot with 200 Companies
Accelerating the Impact of Industrial IoT What are we doing about it? Review SME Co-Design Policy Ideation Policy Canvas Challenges Come up with policy Define the idea and Review the challenges Discuss in multi- ideas to solve SME write it down SMEs face stakeholder teams challenges
Accelerating the Impact of Industrial IoT What are we doing about it? SME IIoT Deployment Business Use Case Solution Operate & Partners Case Made Identified Deployed Measure Selected Challenges Policy Canvas Policy Ideas Policy Development Next Today
Accelerating the Impact of Industrial IoT What are we doing about it? SME IIoT Deployment Business Use Case Solution Operate & Partners Case Made Identified Deployed Measure Selected How might we determine the right use cases and business cases for IIoT? Challenge: Results Shared Policy Defined Policy Ideas Policy Development • • Survey Questionnaire • Assessment and deployed; developed Benchmarking Tools interviews • Assessment • Expert consulting • Use cases methodology support prioritized defined
Accelerating the Impact of Industrial IoT What impact will we have? Example KPIs Example Impact Areas • Improved SME productivity Industrial Output, GDP • Resilient & competitive industrial value chains Margins, Gross Value Add • Savvier industrial workforces Education, Job Growth • More innovative industrial SME sector Revenue, Exports • More efficient capital allocation ROI
Accelerating the Impact of Industrial IoT What impact will we have? Today – 1 country Today – 14 SMEs; 2 sectors End of year – 3 countries 2020 – 200 SMEs; 4 sectors Next year – 10+ countries 2021 – 2,000 SMEs; 10+ sectors
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