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Internet of Things (IoT) Decision Framework (PowerPoint PPT)
PowerPoint (PPT) 21 Slides FlevyPro Document
DESCRIPTION
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:
IoT Technology Stack
1. Device Hardware
2. Device Software
3. Communications
4. Cloud Platform
5. Cloud Applications
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.
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Source: Best Practices in Digital Transformation, Internet of Things PowerPoint Slides: Internet of Things (IoT) Decision Framework PowerPoint (PPT) Presentation, LearnPPT Consulting
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