iot presentation at augsburg college
DESCRIPTION
Learn how the landscape of the Internet of Things is defined today and how IoT is driving a new wave of entrepreneurship.TRANSCRIPT
The IoT Landscape of Today
How The Internet of Things is Driving a New Wave of Entrepreneurship
Justin Grammens Augsburg Class of ’96
Code42 - Arduino.MN - IoTHackDay.MN
#IoT Landscape Today
❖ What is the Internet of Things?!
❖ Why Should You Care?!
❖ Who Are the Major Players?!
❖ What Are the Key Sectors?!
❖ What Are the “Expert” Predictions?!
❖ Who Will WIN?
What is the Internet of Things?
❖ Definition: Interconnection of uniquely identifiable embedded computing-like devices within the existing Internet infrastructure ( source: Wikipedia )!
❖ People often forget that data is nothing without analytics. Monitoring, management, etc. are important!!
❖ My definition: Measuring data to quantify it from the physical into the digital world and make better decisions on how we live our lives.
Why Should You Care?❖ Major technology convergence coming.!
❖ Bigger than the explosion of mobile in 2007!
❖ Cheap hardware and low cost networks!
❖ 3D printing for low volume runs!
❖ Low cost cloud infrastructure!
❖ Consumer appetite for monitor and tracking things!
❖ Standards starting to emerge - BLE, NFC, Zigbee, 6LoWPan!
❖ Ubiquity of mobile devices for data access
Why Should You Care?
❖ The costs to compete is dropping every day!
❖ Open source hardware is having the same effect as open source software!
❖ Investors have been pouring money into IoT!
❖ $4 billion invested in IoT over the past year!
❖ $1.1 billion investment for startups in 2013
Who are the Major Players?❖ Google - Purchased Nest for $3.2 billion!
❖ Intel - $529 million revenue from IoT Division vs. only $51 million from mobile unit.!
❖ Apple - Homekit / HealthKit!
❖ Samsung - Purchased SmartThings for $200 million!
❖ Hundreds of other companies for industrial applications!
❖ But, there’s a bigger rival than all of them…
Who are the Major Players?❖ KICKSTARTER!!
❖ https://www.kickstarter.com/projects/hello/sense-know-more-sleep-better!
❖ https://www.kickstarter.com/projects/sparkdevices/spark-core-wi-fi-for-everything-arduino-compatible!
❖ https://www.kickstarter.com/projects/igorramos/recap-record-calls-on-pc!
❖ https://www.kickstarter.com/projects/smartthings/smartthings-make-your-world-smarter
What are the Key Sectors?❖ Technology adoption curve. For IoT:!
❖ Consumer = still in early adopter!
❖ Commercial = solidly in early majority
What are the Key Sectors? ❖ Kickstarter projects are too focused on the consumer.!
❖ Building a start up? Focus on the business sector!!
❖ Don’t need to solve the entire problem. Focus on one:!
❖ Sensors!
❖ Apps!
❖ Cloud!
❖ Integration Services
Major Players
Expert Predicitions
❖ 13 Billion internet connected devices in 2013!
❖ 50 billion internet connected devices in 2020 - phones, chips, sensors, implants and devices of which we have not yet conceived!
❖ Already a shortage of IT professionals in Big Data!
❖ Application security !
❖ $7.1 trillion by 2020 ( it was $1.9 in 2013 )
Expert Predicitions
Who Will Win?❖ Products and platforms with an open development environment
and open standards.!
❖ Predictive analysis ( i.e. machine learning and “acting on”the data that you are receiving ).!
❖ Ability to measure at more minute levels becomes important!
❖ Peer mesh ( continues to work in offline when NOT connected to the internet ).!
❖ Extremely low power device or svn has a way to harvest energy.!
❖ Use LEAN methodologies to test your ideas and iterate quickly.
Thank You
❖ Questions?!
❖ Contact me at: [email protected]!
❖ Visit http://iothackday.mn to kickstart your idea!!
❖ Visit http://arduino.mn for local meetups. First Thursday of the month.