hacking innovation - foley & lardner ... hacking innovation 10/01/15 - boston 1 iot impact lab s...

Download HACKING INNOVATION - Foley & Lardner ... HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT

Post on 26-May-2020

0 views

Category:

Documents

0 download

Embed Size (px)

TRANSCRIPT

  • HACKING

    INNOVATION

    10/01/15 - Boston

    1

    IoT

    IMPACT

    LABS

    IoT CAPITAL PARTNERS

  • Progress? Dystopia? Goal? Unintended consequence?

    2 Credit/ Source: World Technology Network

  • 3

    Have we mis read Darwin? Rand? Friedman?

    Credit/ Source: CCL

  • 4

    Have we not read Hegel? Senge? Schwartz?

    Credit/ Source: Ajit Vadakayil Credit/ Source: Dr. Richard Kaipo Lum, PhD

  • 5

    Can you re-set? Start with what would be true …

    TRUTH is the proxy for TRUST;

    TRUST the down payment

    for progress. - Rezendes

  • 6

    99% of the physical world is not connected -- Cisco

  • 7

    Groundwater crisis? Groundwater ground truth crisis

  • 8

    Ground TRUTH about groundwater BEFORE pumping

  • IoT socket growth: 35%/ year. Security: 55%/ year

    9

  • 10

    IoT, need for ground truth is broad, acute, persistent

  • 11

    IoT is multi-stakeholder. Complex, yes. But powerful.

  • 12

    Another ‘revenge’ – this time, SMBS?

    F500

    Small/ Mid-Sized

    Businesses

    People

    F500

    SMBs

    People

    F500

    Small/ Mid-Sized

    Businesses

    People

    1990-2005 2006-2015 2016-????

    • Direct to lock up F500 • Channels to SMB • Control via IP

    • Freemium to people • Consumerization of IT • Control via platforms

    • Partners to SMBs • Multi-stakeholder • Control via shared value

  • Despite the fragmentation, turmoil: 6 constants

    Fundamental Commercial Requirements

     ROI. Performance, productivity, profitability – proven.

     Impact. Economic stability, resource sustainability becoming more important ROI metrics

     Privacy. Data governance rules. Access, exploitation rights, monetization opportunities and models.

    Fundamental Technical Requirements

     Contextual. Event based, not only time series. Context frames event definitions and priorities.

     Distributed. Self-defining, describing, authenticating devices. Initiate, execute, close transactions.

     Secure. Resilient, multi-level, bi- directional in software AND hardware, at the edge and in the cloud.

    Source: INEX, Cisco, 65 Fortune 500 C-level executives. 02/12 13

  • 14

    First? What is your why?

    Where to begin with IoT?

    Start with the part of the

    physical world that you are in

    love with. - Rezendes

  • 15

    How? SME partners/ leaders come from anywhere

    Emerging Leaders

    Winners, Local Motors Rally

    Fighter Design Competition

    Sangho Kim, Vietnam

    Mihai Panaitesen, Romania

  • 16

    What next? Consider …these 6 maxims

    Productivity focused

    Innovation

    Disruption

    Profitability

    Results

    EPS/ BITDA

    Human-centered

    Redevelopment

    Stability

    Sustainability

    Intention

    IMPACT

    &

  • 17

    Thank you. Good luck. Stay in touch.

    IoT

    IMPACT

    LABS

    IoT CAPITAL PARTNERS

    Chris Rezendes | 508-415-5022

    @chris_rezendes | cjr@inexadvisors.com