Jochen Ditsche is a partner at Roland Berger responsible for digital transformation for IoT & Industry 4.0. In a short 10-minute speech, he provided a unique insight into how Roland Berger sees the IoT ecosystem, how it translates into business and how they are currently working with clients.
- Digital transformations have changed everything from an end user perspective and this is becoming a huge hurdle for businesses. Users expect everything to be connected and don’t want to have to think about it.
- Roland Berger predicts that the IoT hardware market will grow at a compound annual growth rate (CAGR) of 25% until 2021.
- Fragmentation within the market is a huge challenge that needs to be overcome.
IN HIS OWN WORDS
- On companies being the dominant IoT platform: “This is a huge change and a huge problem. When I am talking to my clients, most of them want to be the only platform for solutions and trends. If you think about the fragmentation that this brings to the market, you see the problem.”
- On overcoming market fragmentation and ensuring connectivity: “What we really need is a new view on how to build these horizontal ecosystems and then enable vertical integration of communication between different ecosystems.”
- On their partnership with Sigfox: “That’s why Roland Berger created the partnership with Sigfox. Building up communication channels to enable vertical and horizontal communication is the first step for larger and more valuable ecosystems in the future.”
After a great success in 2017 with more than 1200 attendees and 120 booths, the Sigfox World IoT Expo is back in 2018 and becomes Sigfox Connect. Attendance is also open to the general public during the second day.