Sometimes in the middle of technology trend whirlpools and the associated hype cycles it makes sense to ask yourself the fundamental question – why?
Sakichi Toyoda developed the “5 Whys” for Toyota Motor Corporation to uncover a real need (and how) to address a problem. The premise is to ask why 5 times to get to the root cause. Asking why clarifies the reason for everyone involved. For an IoT project to succeed everyone on the team needs to have their “why” explained.
But rather than just go with 5, we’re going to double down and review the 10 “whys” for incorporating the internet of things in your business.
Starting today, I’ll address the “why” in a series of posts listed below. I’d love to hear your feedback on our approach and I’m always interested in talking to others about their IoT process.
So, let’s start with ‘Because IoT exists‘
Most often our journey to process reconstruction begins with a new technology that allows us to enhance our current offerings, programs, reporting or process controls. Or “because X exists”. SPC tools, programming languages, SaaS and ERP systems all introduced new levels of process control and information delivery. With IoT we now have the ability to connect to virtually any machine we want to. So sometimes “because it exists” is a reason to explore new technology and the resulting opportunities across the organization.
Your competitor who?
Your competitor who will steal your customers if you don’t embrace IoT.