This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
This product (Internet of Things [IoT] Decision Framework) is a 21-slide PPT PowerPoint presentation slide deck (PPT), which you can download immediately upon purchase.
Internet of Things (IoT) products are more complex than typical products, since there a 5 layers of technology to consider, whereas other products may only have 2 or 3. With each additional layer, the complexity includes exponentially.
The IoT Decision Framework provides a structured approach to developing and improving an IoT product. It helps ensure all decisions are consistent and aligned with the Product Strategy, Digital Transformation Strategy, and overall Corporate Strategy.
Within the IoT Decision Framework, we 30 decision points pairings between the 5 layers of the IoT Technology Stack and 6 decision areas:
Decision Areas
1. User Experience (UX)
2. Data
3. Business
4. Technology
5. Security
6. Standards and Regulations
This framework will help you uncover pitfalls early on, before your organization has invested time, effort, and money going in the wrong direction.
This deck also includes a set of slide templates for you to use in your own business presentations.
The IoT Decision Framework also emphasizes the importance of evaluating each decision area in sequence, ensuring that decisions in one area inform and align with those in subsequent areas. This approach minimizes the risk of misalignment and ensures a cohesive strategy across the entire IoT Technology Stack. By leveraging this framework, your organization can systematically address all critical aspects of IoT product development, from user experience to compliance with standards and regulations.
The framework's iterative nature allows for continuous refinement and improvement. Once a complete evaluation cycle is finished, the process begins again, incorporating new insights and data. This iterative approach ensures that your IoT product remains adaptable and responsive to changing market conditions and technological advancements. The included slide templates facilitate clear communication of these complex processes in your business presentations.
Source: Best Practices in Digital Transformation, Internet of Things PowerPoint Slides: Internet of Things (IoT) Decision Framework PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
This PPT slide presents an overview of the IoT Decision Framework, highlighting the structured approach to evaluating decision points across the IoT Technology Stack. It identifies 6 decision areas per layer, culminating in a total of 30 distinct decision points. This framework is designed to guide organizations in systematically addressing the critical questions necessary for effective IoT implementation.
The IoT Technology Stack is segmented into 5 layers: Device Hardware, Device Software, Communications, Cloud Platform, and Cloud Applications. Each layer corresponds to specific decision areas that are essential for comprehensive evaluation. The decision areas include User Experience (UX), Data, Business, Technology, Security, and Standards & Regulations. Each of these areas is numbered sequentially, indicating their respective positions within the framework.
The slide emphasizes the importance of a structured methodology in navigating the complexities of IoT development. By breaking down the decision-making process into manageable components, organizations can better identify gaps and opportunities. The mention of utilizing other methodologies for decision-making further underscores the flexibility of the framework, allowing for tailored approaches based on organizational needs.
This overview serves as a valuable resource for executives considering the adoption of IoT technologies. It not only outlines the key areas of focus, but also illustrates the interconnected nature of the technology stack. The framework encourages a thorough exploration of each decision point, ultimately leading to more informed and strategic choices in IoT product development.
This PPT slide outlines 6 critical decision areas essential for evaluating any Internet of Things (IoT) solution. These areas are interconnected, indicating that each one influences and feeds into the next. The circular layout emphasizes the cyclical nature of these considerations, suggesting a holistic approach to decision-making in IoT projects.
Starting with User Experience (UX), this area focuses on how end-users will interact with the IoT solution. A strong UX is fundamental, as it directly impacts user adoption and satisfaction. Following UX, Data is highlighted as the second key area. This involves not only the collection and analysis of data, but also ensuring that the data is actionable and relevant to the business objectives.
The third area is Business, which likely encompasses the strategic alignment of the IoT solution with organizational goals. This step is crucial for ensuring that the investment in IoT yields tangible business benefits. Next is Technology, which addresses the technical aspects of implementing the IoT solution, including infrastructure and integration with existing systems.
Security is the fifth area, underscoring the importance of protecting data and systems from threats. Given the increasing concerns around data breaches, this aspect cannot be overlooked. Finally, Standards and Regulations are noted as the sixth area. Compliance with industry standards and regulations is vital for mitigating risks and ensuring that the IoT solution adheres to legal requirements.
Each of these areas must be evaluated at every layer of the IoT technology stack, reinforcing the need for a comprehensive strategy. This slide serves as a guide for organizations looking to navigate the complexities of IoT implementation effectively.
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."
– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory
"As an Independent Management Consultant, I find Flevy to add great value as a source of best practices, templates and information on new trends. Flevy has matured and the quality and quantity of the library is excellent. Lastly the price charged is reasonable, creating a win-win value for
the customer, Flevy and the various authors. This is truly a service that benefits the consulting industry and associated clients. Thanks for providing this service.
"
– Jim Schoen, Principal at FRC Group
"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."
– Chris McCann, Founder at Resilient.World
"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor
the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox.
"
– Michael Duff, Managing Director at Change Strategy (UK)
"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."
– Royston Knowles, Executive with 50+ Years of Board Level Experience
"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."
– Moritz Bernhoerster, Global Sourcing Director at Fortune 500
"Flevy.com has proven to be an invaluable resource library to our Independent Management Consultancy, supporting and enabling us to better serve our enterprise clients.
The value derived from our [FlevyPro] subscription in terms of the business it has helped to gain far exceeds the investment made, making a subscription a no-brainer for any growing consultancy – or in-house strategy team."
– Dean Carlton, Chief Transformation Officer, Global Village Transformations Pty Ltd.
"As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value."
– David Coloma, Consulting Area Manager at Cynertia Consulting
Download our FREE Digital Transformation Templates
Download our free compilation of 50+ Digital Transformation slides and templates. DX concepts covered include Digital Leadership, Digital Maturity, Digital Value Chain, Customer Experience, Customer Journey, RPA, etc.
Click main image to view in full screen.
