REPORTS

Realise the full potential of Data and AI for connected products

If organisations want to stay ahead in their industry, it is important that they view the new landscape of connectivity and data ecosystems from the perspective of innovation.

Connected data-driven services are set to increase dramatically. A 2022 report from the Capgemini Research Institute found that almost 90% of organisations expect to receive revenue from intelligent services in the next three years. This is a significant jump from the 35% of organizations that currently offer intelligent services.

Data has the power to influence more efficient design, performance, sustainability, privacy, growth, and customer engagement – and ultimately deliver better results, devices, and value. However, putting data first requires a complete overhaul of frameworks and mindset.
Adding a product to an ecosystem where it can interact with live data is a game changer when it comes to product design. Data ecosystems can also change the way you test and validate a functionality using the real usage of the products day by day.

The transformation to connected products and intelligent services is a complete journey. In this paper we explore how building a connected product ecosystem combined with the power of data and artificial intelligence and others technologies – such as cloud, IoT, and blockchain – can help organisations develop new functionalities, identify new data- driven services to create the next generation of products and services that fully interact with users and environments.

 

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