- Major Studies
- Market Assessments
Leaders: Accenture, Cognizant, HCL, IBM, Infosys, TCS, Wipro
Innovators: Atos, Capgemini, HARMAN Connected Services, L&T Tech Services, LTI, Mindtree, NTT DATA, Persistent Systems, Tech Mahindra
Disruptors: Birlasoft, CGI, eInfochips, Virtusa
Challengers: CenturyLink, Mphasis, UST Global, Zensar
These four categories are illustrated in Figure 1 from the full report (click to enlarge):
“As IoT technology advances, business leaders are having to more quickly develop their business and operating models,” said Avasant Senior Analyst Amrita Keswani. “They need to select service providers that understand the challenges of their IoT journey and enable their business and operating models to align with customer expectations today and also to be future-ready.”
The report includes recommendations for enterprises to most effectively adopt IoT technology:
Develop clear strategies and operational plans to become 5G-ready.
Assess whether the business is constrained by limited bandwidth and slow data transfer. If it is, then study use cases that can create business value using 5G.
For planning and budgeting, take note of the systems that are performing adequately at lower bandwidths. Conduct a comprehensive audit of existing IT infrastructure, hardware, and software that require upgrades or replacements for 5G.
Use cloud and telecom provider partnerships to build 5G edge solutions.
Telecom providers such as Verizon, AT&T, and Vodafone are collaborating with cloud providers such as AWS, Google Cloud, and Microsoft Azure for 5G edge innovation.
The combined capabilities of telecom and cloud providers will enable enterprises to speed up data communications and processing by building ultra-low latency 5G edge solutions.
Innovate with service providers to leverage their IoT expertise.
Sixty percent of service providers have significantly invested in co-innovation by building business labs, centers of excellence, and programs to jointly develop IoT solutions with their clients.
Organizations should collaborate and co-develop IoT solutions with service providers to gain access to their IoT capabilities.