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HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LABS IoT CAPITAL PARTNERS

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Page 1: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

HACKING

INNOVATION

10/01/15 - Boston

1

IoT

IMPACT

LABS

IoT CAPITAL PARTNERS

Page 2: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

Progress? Dystopia? Goal? Unintended consequence?

2 Credit/ Source: World Technology Network

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3

Have we mis read Darwin? Rand? Friedman?

Credit/ Source: CCL

Page 4: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

4

Have we not read Hegel? Senge? Schwartz?

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

Page 5: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

5

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

TRUTH is the proxy for TRUST;

TRUST the down payment

for progress. - Rezendes

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

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7

Groundwater crisis? Groundwater ground truth crisis

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8

Ground TRUTH about groundwater BEFORE pumping

Page 9: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

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

9

Page 10: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

10

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

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11

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

Page 12: HACKING INNOVATION - Foley & Lardner...HACKING INNOVATION 10/01/15 - Boston 1 IoT IMPACT LAB S IoT CAPITAL PARTNERS . Progress? Dystopia? Goal? Unintended consequence? ... with IoT?

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

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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

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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

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How? SME partners/ leaders come from anywhere

Emerging Leaders

Winners, Local Motors Rally

Fighter Design Competition

Sangho Kim, Vietnam

Mihai Panaitesen, Romania

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16

What next? Consider …these 6 maxims

Productivity focused

Innovation

Disruption

Profitability

Results

EPS/ BITDA

Human-centered

Redevelopment

Stability

Sustainability

Intention

IMPACT

&

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Thank you. Good luck. Stay in touch.

IoT

IMPACT

LABS

IoT CAPITAL PARTNERS

Chris Rezendes | 508-415-5022

@chris_rezendes | [email protected]