iot - a next big thing

I O TA N e x t B I G T h i n g

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Today’s agenda

What is IoTExpected ImpactsExamplesWhat you can do

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“…in retrospect it looks like the rapid growth of the World Wide Web may have been just the trigger charge that is now setting off the real explosion, as things start to use the Net.”

1999 - Neil Gershenfeld, “When Things Start to Think”

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"In the next century, planet earth will don an electronic skin. It will use the Internet as a scaffold to support and transmit its sensations. This skin is already being stitched together. It consists of millions of embedded electronic measuring devices: thermostats, pressure gauges, pollution detectors, cameras, microphones, glucose sensors, EKGs, electroencephalographs. These will probe and monitor cities and endangered species, the atmosphere, our ships, highways and fleets of trucks, our conversations, our bodies--even our dreams."

1999 - Neil Gross in Business Week

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IoT connects our physical world to the Internet

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Small, low power sensors

1

Connect to the Internet

2CoAPUDP6loWPAN802.15.4e

Stream data (to the cloud)

3

4 Analyze it for intent, context, state, trends

5 Apply reasoning and trigger actions

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heatlocationaccellerationdirectionproximitypressuretemperatureaudiovideolight

signal typesignal strengthsignal direction

moisturepH

magnetic fieldposition

timechemistry

power levels

The electronic skin of IoT senses…

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2X COST OF SENSORSPAST 10 YEARS

Source: IDC, IMC/EDC The Digital Universe of Opportunities

40X COST OF BANDWIDTHPAST 10 YEARS

60X COST OF PROCESSINGPAST 10 YEARS

WHY IoT NOW?

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Size of a Web Server today

what was

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However, today 99% of things are not connected to the Internet

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A game changing

ramp-up is coming

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By 2020 estimates range from 20-50 billion everyday objects

will be connected and intelligent

20-50 BILLION

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Even cows will

have sensors

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… in economic impact to global economy by 2025

$3.9-11.1 Trillion/Year

CAGR of 61%

2015 McKinsey Global Institute IoT Executive Summary

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HOMESecurity,

efficiency, comfort,

entertainment$200B-350B/y

OFFICESecurity, energy,

efficiency$70B-150B/y

FACTORYOperations

optimization$1.2T-3.7T/y

RETAILAutomated checkout, proximity

$410B-1.2T/y

PEOPLEHealth & fitness

$170B-1.6T/y

CITIESPublic health and

transport$930B-1.7T/y

2015 McKinsey

Global Institute IoT Executive

Summary

VEHICLESDriverless,

maintenance$210B-740B/y

WORKSITESOperations,

health & safety$160B-930B/y

OUTSIDELogistics and navigation

$560B-850B/y

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WEA

RABL

ES

+ Virtual wearables: Check out MSFT Hololens

on W10 launch

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WEA

RABL

ES

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PLAY

ABLE

S

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New business models

New value streams, faster time to market, more responsive and intimate customer interactions

Capture more and finer-grained process, product and customer data, faster, to improve market agility

Monetize additional services to augment traditional LOBs

Enterprise can see inside the business supply chains end-to-end, globally, to lower costs

Real-Time Info

New revenue streams

Global visibilityBU

SINE

SS

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1. Start to track IoT in your industry

2. Pay close attention to emerging standards and platform leaders (don’t do a “BetaMax”)

3. Fold IoT into your own operations and customer engagement strategy

4. Extend your Big Data Analysis efforts to IoT collection sources

2015 (c) PIVIT, LLC.

Karl SeilerPresident & Founder

PIVIT, LLC.109 Wimico Drive, Suite

200Indian Harbour Beach, FL

e: [email protected]: @pivitgurul: KarlSeilerm: 321-750-5165

THANKS

iot - a next big thing

Technology