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Author:
Erman Akdogan
- Blog:
Future Searcher
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Download Maps At
- BiggerPlate.com
- Xmind.net
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High Competition
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Smarter Solutions' Effect on
Competitiveness or Profitability is High
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Mature Solutions Emerging
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Solutions are
Feasible to Implement
- Communications
- Big Data Analytics
(Geo Fencing, Network Analytics)
- Social Business
- Cloud Services and Elastic Computing Provider
for Telcos
- Telecommunications operators are in a good position to invent new business models.
They can be the communication layer of all industries similar to an Enterprise Service Bus,
capitalize and
- Banking
- Anti Money Laundering, Anti-Fraud
- Social Business, Advanced Customer Insight
- Retail
- Retail Analytics
- Social Media and Advanced Customer Insight
- Reputation and Brand Analysis
- Price Optimization
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Challenge:
Solutions are Complex to Implement
- Private Healthcare
- IBM Watson for Healthcare
- Connected Home Health
- Personalized Care (Proteomics, Genomics, etc)
- Regulation, privacy rules and lack of public health records repositories
have made information sharing solutions harder to implement.
As for expert systems such as IBM Watson for Healthcare, the issue stems from
sheer complexity of the solution:
- Making the hospitals to adapt, cleanse their data
- Making Watson highly accurate in operations consistently
- Establishing the solution to scale lower or higher easily
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Challenge:
No Mature Solutions Exist
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Electronics
- Inventory Optimization
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Challenge:
Regulatory Controls
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Insurance
- Anti-Fraud Solutions
- Advanced Customer Insight
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Smarter Solutions' Effect on
Competitiveness or Profitability is Low
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Food
- Food Traceability & Sensors
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Media
- Insight Driven Marketing
- Media Analytics
- Personalized Buying Experience
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Challenge:
Low or No Competition
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Transportation systems
- Video Analytics
- Advanced Optimization
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Oil and gas
- Predictive Maintenance
- Advanced Prediction and Analysis
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Private Energy & Utilities
- Smart Metering
- Machine to Machine Communications
- Predictive Maintenance
- Utilities do not face hard competition due to nature of the sector(residents services are highly dependent on location).
It is also not possible to increase sales and revenues by campaigns or other initiatives.
The use case for smarter solutions therefore are in creating cost savings in this sector.
Solutions like smarter metering can prove to be feasible quickly at places where the energy prices are naturally very high (ie: Hawaii),
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Challenge:
Principal-Agency Problem
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Government
- Buildings
- Education
- Public Healthcare
- Smarter Care
- Cities
- Energy
- Rail
- Public safety
- Traffic
- Water
- Mature Solutions Exist Such as:
- Intelligent Operations Center
- Mayors Dashboard
- Smart Metering for Utilities
However Adoption is Challenged
due to Principal-Agency Problem.