Winning with the Internet of Things—Summary of Survey Findings
Name
MIT_CISRwp418_IoTSurveyReport_WixomWoernerKosgi.pdf
Size
2 MB
Format
Adobe PDF
Checksum (MD5)
b3b94d4aed9271abbd50c75413d6ed79
Author(s)
Wixom, Barbara H.
Woerner, Stephanie L.
Kosgi, Karthic Prasad
Date Issued
May 30, 2017
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Wixom, Barbara H., Stephanie L. Woerner, and Karthic Prasad Kosgi. “Winning with the Internet of Things—Summary of Survey Findings.” Working paper 418, Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology, 2017. https://dspace.mit.edu/handle/1721.1/175363.
Series/Report no.
MIT Sloan School of Management Working Paper 5231-17
CISR Working Paper 418
Abstract
In 2016, the MIT Sloan Center for Information Systems Research (CISR) investigated how companies are generating business value with the Internet of Things (IoT). In the first phase of this research (Q1 2 2016), we interviewed executives at ten large companies across nine industries to understand their IoT journeys to date. In the second phase (Q3 4 2016), we surveyed 227 executives who led, managed, sponsored, or championed an IoT project. This report summarizes research results and offers recommendations on how companies can generate business value from IoT projects. Key findings from the research highlight that articulating a desired outcome and coordinating capabilities associated with success for that outcome lead to maximized financial returns from the effort.
Subjects
Information Technologies
IoT
Assessing and Communicating IT Value
Data Management, Analytics, and Use
Digital Innovation
Terms of Use
© Authors. All Rights Reserved. No additional permission needed for educational uses.
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