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Back To The Future – IoT & Smart Systems Evolution Challenges

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From reference architecture to new business models - 7 obstacles we must overcome to realize the full potential of the IoT http://goo.gl/QYdsV

Tremendous amounts of value will be captured and created as Smart Systems technology development advances from “simple” remote services applications and related tracking/location services to collaboration between devices, people and systems. However, in order to realize the full potential from the Internet of Things, players must abandon persisting strategies and embrace new business models that enable and leverage increased amounts of collaboration and alignment.

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Transcript of "Back To The Future – IoT & Smart Systems Evolution Challenges"

  1. 1. Required Evolution of the Internet of Things Tremendous amounts of value will be captured and created as Smart Systems technology development advances from “simple” remote services applications and related tracking/location services to collaboration between devices, people and systems. However, in order to realize the full potential from the Internet of Things, players must abandon persisting strategies and embrace new business models that enable and leverage increased amounts of collaboration and alignment. Connections Complex •  Information Architecture •  Open Data Sharing & Fusion Trillions •  Shared Services Brokering Reference Architecture, Compound Standards & Relationships •  Hybrid Network Standards •  System & Application Are Required For Robust Billions •  Integration Platforms Market Growth •  Vendor Ecosystems & Simple •  New Services Models •  Connectivity •  Enablement for •  Device Mgmt Millions Simple Applications! Time Complex Applications! Applications tend to be remote support-driven Compound Applications! applications that involve monitoring/upgrades Applications that drive interactions between and of installed base of machines in the field – Applications that involve multiple collaborating among devices, device sub-systems and people such as vending machines, ATMs, etc. [peer-to-peer] devices or significant interactions and can also allow extending/expanding values between and among devices, systems and people. from third party collaboration. •  Monitoring / Telemetry •  Product Upgrades & Diagnostics •  Managing Alarms & Emergency Services •  Intelligent Transportation Systems •  Add-on Networking •  Smart Grid Integration •  Integrated Health Delivery Systems •  Maintenance Support & Collaboration •  Integrated Residential/Consumer Field POS, Vending ATM Force Human/ Process Smart Grid / Sensor Smart City Consumer/Sensor Automation Demand Collaboration Systems Integration ManagementHarbor Research© 2012 Harbor Research, Inc. All rights reserved
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