Internet of Things PDF
Internet of Things PDF
Internet of Things PDF
of Things:
An Indian
context
Digital Consulting
August 2016
KPMG.com/in
Table of contents
Page 03
An industry in
transition:
Setting the
context
Page 05
The
Internet of
Things: A
definition
Page 07
IoT and the
business value
of increased
connectedness
Page 09
Business value
of hyperconnectivity
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Page 11
Integrated
value across
the entire
network
Page 13
IoT use
cases in
manufacturing
Page 15
Is India ready?
Page 17
Way forward
for Indian
manufacturing
enterprises
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
An industry
in transition:
Setting the
context
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
The Internet
of Things: A
definition
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Exhibit 3 KPMG in Indias analysis July2016 based on experience gained from conducting multiple client
engagements
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Business
value of
hyperconnectivity
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Integrated
value across
the entire
network
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Exhibit 4: KPMG in Indias research and analysis, value of information automisation across a network of mines
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
There are six areas and an estimated 40 use cases for IoT
in manufacturing. The relevance of these use cases for a
manufacturing enterprise depends on a number of factors,
which are addressed in a forthcoming section. The six high
impact areas where IoT has high significance and can add
value to a manufacturing enterprise are:
I. Connected products and new business models based on
sensor enabled products
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
IoT use
cases in
manufacturing
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Is India ready?
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Way forward
for Indian
manufacturing
enterprises
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Conclusion
Indian manufacturing enterprises are still in the very
early stages of IoT adoption; perhaps, even in a pre-IoT
phase where automation and IT are still disparate,
data is still controlled within the enterprise boundaries
and even within functions in case of manufacturing
operations.
The recent instances of some automobile
manufacturers using sophisticated algorithms to
mislead emission control tests, create the need for a
wide ranging IOT policy.
Increased smartisation in terms of buildings,
grids, manufacturing industries, agriculture, cities,
healthcare, homes, vehicles etc. requires increased
awareness and regulations to deal with information
automisation. This further leads to the need for
a comprehensive debate and development of
legal frameworks, standards, competition laws,
institutional mechanisms, incubation and caapability
building, innovation and R&D, etc.
IoT presents tremendous potential for Indian
enterprises, solution providers and the country as
a whole. The IoT transformation along with the
subsequent transformations are expected to be faster
and each enterprise may have its own pace and timing
in reaching the IoT maturity state. Organisations today
do not have the choice about whether to adopt IoT
or not, since it has the potential to disrupt business
models, economies of an enterprise and eventually
the survival of enterprises. Shifts are expected to
take place wherein Indian enterprises can adopt
industry IoT to gain competitive advantage, create
sustainability and manage key risks.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
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Acronyms
OEM - Original Equipment Manufacturer
IP - Internet Protocol
KPI - Key Performance Indicator
MRO - Maintenance, Repair and Overhaul
OEE - Overall Equipment Effectiveness
POC - Proof of Concept
IoT - Internet of Things
SCADA - Supervisor Control and Data Acquisition
ERP - Enterprise Resource Planning
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Acknowledgement
We would like to acknowledge the efforts of the following individuals towards the compilation of this
publication.
Research team
Anant Khanna
Gangadhar Krishnamoorthy
Nimish Danani
Design team
Yogita Negi
Compliance team
Sameer Hattangadi
Nisha Fernandes
Aamir Munshi
2016 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
Rachna Nath
Partner
Digital Consulting
T: +91 124 307 4146
E: [email protected]
KPMG.com/in
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Cooperative (KPMG International), a Swiss entity. All rights reserved.
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