Developing an IoT strategy for your business
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Developing an IoT strategy for your business
By: Jim Gitney
Most companies are struggling to identify the value of IoT (Internet of Things) and Blockchain in their business. That is partly due to the relationship between Strategy and IoT. While there is a need to have an IoT strategy, it needs to be a subset of the ultimate business strategy. IoT is an enabling technology that allows the business to rethink it strategy, how it goes to market and the product road (goods and services) that IoT enables. As a result, …Read More
This entry was posted in Blockchain IoT, Business Transformation, Cost Takeout, Information Technology, Manufacturing and Distribution, Strategy 5.0, on January 9, 2019 -
Blockchain – IoT Strategies and Use Cases – Oil and Gas Industry
By: Jim Gitney
Blockchain and IoT technologies provide an opportunity to significantly reduce upstream and downstream costs in the Oil and Gas Industry. The World Economic Forum estimates that the digitization of the Oil and Gas industry could unlock $1.6T of value globally and realize $140B in productivity. While Blockchain and IoT won’t be …Read More
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, Strategy 5.0, Total Cost of Ownership, on September 29, 2018 -
Group50 Announces a Mid-Market Blockchain Working Group
By: Jim Gitney
Group50, Thinaër, Sweetbridge Alliance Network Form New Blockchain Working Group for Mid-Market Supply Chain Optimization and Liquidity
Combining solutions for blockchain data integration, secure IoT, and supply chain liquidity with industry best practices for blockchain platform delivery and implementation
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, Strategy 5.0, on September 16, 2018 -
Increasing Enterprise Value by Mitigating Multiple Risk
By: Jim Gitney
I was recently asked by an executive about how he should manage the division he just took over as its president. I told him to “Manage it like you are going to sell it – Optimize enterprise value and mitigate multiple risk”. The executive gave a strange look and asked why that mattered.
Many leaders think that their only measure of success is the P&L–the amount of operating profit the company generated. Those who believe that are missing …Read More This entry was posted in Business Transformation, Strategy 5.0, Value stream mapping, on June 6, 2018 -
Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things
By: Jim Gitney
By Jim Gitney
April 17, 2018
Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. …Read More
This entry was posted in Blockchain IoT, Business Transformation, Healthcare, Information Technology, Manufacturing and Distribution, Strategy 5.0, Supply Chain Optimization, on April 17, 2018 -
Five Things You Need To Do To Drive Continuous Improvement – Part III – Culture of Strategic Execution
By: Jim Gitney
Many people believe that continuous improvement is a culture. It certainly is in the eyes of the Japanese and many others, but is continuous improvement really a culture or something else? …Read More
This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Driving Continuous Improvement Series, Strategy 5.0, Value stream mapping, on February 20, 2018 -
Opening Doors to the Internet of Everything ( IoE ) in Healthcare
By: Shirish Nene
The explosion of smart devices, analytics engines, big data, and internet connectivity have thrown open the doors to an incredible set of business opportunities in Healthcare. Companies and institutions are recognizing that the Internet of Everything ( IoE ) has to be …Read More
This entry was posted in Business Transformation, Healthcare, Information Technology, Strategy 5.0, on December 18, 2017 -
Four steps to the Internet of Everything ( IoE )
By: Shirish Nene
The Internet of Everything: 8.4 billion and $2 trillion! Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study. The number of connected things is expected to …Read More
This entry was posted in Business Transformation, Continuous Improvement, Cost Takeout, Healthcare, Information Technology, Manufacturing and Distribution, Strategy 5.0, Value stream mapping, on December 14, 2017 -
Are Your Digital Technology Platforms and Information Technology Processes Aligned With Your Business? – 8 Questions You Need to Answer
By: Shirish Nene
Middle market companies are challenged with leveraging their investments in Digital technology and IT infrastructure. Their systems are typically a patchwork quilt of software and hardware products that have been bolted together. They need systems that are scalable, sustainable, cost effective, available 24×7, …Read More This entry was posted in Business Transformation, Information Technology, Strategy 5.0, Supply Chain Optimization, on October 17, 2017 -
IT Transformation For A Leaner, More Nimble Business
By: Shirish Nene
In an earlier blog we saw that a well-crafted IT transformation strategy (a.k.a. cost takeout strategy) is so much more than a once and done cost reduction exercise. A cost takeout strategy orchestrates …Read More
This entry was posted in Business Transformation, Cost Takeout, Information Technology, Strategy 5.0, on September 29, 2017
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