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The Internet of Things ... is about People (Startup Iceland)

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Talk about the Internet of Things, at Startup Iceland (http://www.startupiceland.com/) June 2, 2014, in Reykjavik, Iceland.

Talk about the Internet of Things, at Startup Iceland (http://www.startupiceland.com/) June 2, 2014, in Reykjavik, Iceland.

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  • 1. @tdavidson   The Internet of Things … is about People @tdavidson  
  • 2. @tdavidson   Venture investor at kbs+ Ventures NYC, USA B2B enterprise technology Focused on marketing and advertising technology infrastructure @tdavidson  
  • 3. @tdavidson  https://developer.apple.com/wwdc/
  • 4. @tdavidson   House picture @tdavidson  
  • 5. @tdavidson   appliances http://www.pcworld.com/article/2025167/high-tech-homes-fridges-on-facebook-and- smart-security.html
  • 6. @tdavidson   Plll @tdavidson  
  • 7. @tdavidson   Plll @tdavidson  @tdavidson  
  • 8. @tdavidson   car @tdavidson  
  • 9. @tdavidson   Quantified self @tdavidson  
  • 10. @tdavidson   Photographed self @tdavidson  @tdavidson  
  • 11. @tdavidson   Photographed self @tdavidson  @tdavidson  
  • 12. @tdavidson   Photographed self @tdavidson  
  • 13. @tdavidson   Photographed self @tdavidson  
  • 14. @tdavidson   2013, USD $1.1 B in 153 investments @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot
  • 15. @tdavidson   64% Early-stage (seed or A) @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot
  • 16. @tdavidson   By 2020, 26 billion connected devices 7 billion smartphones @tdavidson  http://www.truste.com/gb-internet-of-things-index-2014/
  • 17. @tdavidson   Sensors + networks + actuators @tdavidson  
  • 18. @tdavidson   Sensors in everything @tdavidson  
  • 19. @tdavidson   Access to the cloud @tdavidson  
  • 20. @tdavidson   Big data intelligence @tdavidson  
  • 21. @tdavidson   Extends the network edge @tdavidson  
  • 22. @tdavidson   "Sensors and signals and connections in our lives will proliferate in ways we can’t predict, and in ways that would probably seem pointless if described to us.” Benedict Evans @tdavidson  http://ben-evans.com/benedictevans/2014/5/26/the-internet-of-things
  • 23. @tdavidson   IoT + Humans = IoTH @tdavidson  http://radar.oreilly.com/2014/04/ioth-the-internet-of-things-and-humans.html
  • 24. @tdavidson   “Intelligence at the network edge is now mobile.” Steve Cheney @tdavidson  http://stevecheney.com/on-the-new-edge-network-and-the-future-of-local-commerce/
  • 25. @tdavidson   “Humans are the edge network.” Steve Cheney @tdavidson  http://stevecheney.com/on-the-new-edge-network-and-the-future-of-local-commerce/
  • 26. @tdavidson   Friction between businesses and people. @tdavidson  
  • 27. @tdavidson   xx @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot @tdavidson  
  • 28. @tdavidson   xx @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot @tdavidson  http://www.truste.com/gb-internet-of-things-index-2014/
  • 29. @tdavidson   Early usecases focused on producer surplus @tdavidson  
  • 30. @tdavidson   Consumer surplus will unlock adoption @tdavidson  
  • 31. @tdavidson   “How does a smart thing make it possible to change the entire experience and workflow of a job we do in the real world?” Tim O’Reilly @tdavidson  http://radar.oreilly.com/2014/04/ioth-the-internet-of-things-and-humans.html
  • 32. @tdavidson   xx @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot
  • 33. @tdavidson   “Smartphone is the halfway house of IoTH” Tim O’Reilly @tdavidson  http://radar.oreilly.com/2014/04/ioth-the-internet-of-things-and-humans.html
  • 34. @tdavidson   Smartphones extend the edge of the network to humans. @tdavidson  
  • 35. @tdavidson   xx @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot
  • 36. @tdavidson   xx Bureau of Economic Analysis, USA“GDP by Industry.”http://bea.gov/iTable/iTable.cfm? ReqID=5&step=1, via @schalf http://schlaf.me/post/84227694977
  • 37. @tdavidson   Services powered by tech @tdavidson  
  • 38. @tdavidson   Aggregation is different, but is delivery truly different? @tdavidson  
  • 39. @tdavidson   xx @tdavidson  http://www.cbinsights.com/blog/internet-of-things-investing-snapshot
  • 40. @tdavidson   “Early traction at vertical application level.” Matt Turck @tdavidson  http://techcrunch.com/2013/05/25/making-sense-of-the-internet-of-things/
  • 41. @tdavidson   Silos @tdavidson  
  • 42. @tdavidson   That use proprietary standards and don’t talk to each other. @tdavidson  
  • 43. @tdavidson   Home security @tdavidson  
  • 44. @tdavidson   xx @tdavidson  
  • 45. @tdavidson   xx @tdavidson  
  • 46. @tdavidson   xx @tdavidson  http://www.washingtonpost.com/blogs/innovations/wp/2014/05/28/meet-cover-the-app- thats-determined-to-reinvent-the-restaurant-experience/
  • 47. @tdavidson   xx @tdavidson  
  • 48. @tdavidson   The“smart thing”is a dumb sensor connected to the clever cloud. (today) @tdavidson  http://ben-evans.com/benedictevans/2014/5/26/the-internet-of-things
  • 49. @tdavidson   Consumer surplus stems from functionality first. @tdavidson  
  • 50. @tdavidson   Tracking people isn’t functionality. @tdavidson  
  • 51. @tdavidson   Data capture + functionality friction is real. @tdavidson  
  • 52. @tdavidson   “The only way to keep user information safe is not to store it.” @tdavidson  http://idlewords.com/bt14.htm
  • 53. @tdavidson   Massive change in consumer behavior to change investor behavior. @tdavidson  
  • 54. @tdavidson   How we use the Internet (of Things) shapes what gets funded and built. @tdavidson  
  • 55. @tdavidson   If you want to see “smart things”, start by being smart people. @tdavidson  
  • 56. @tdavidson   Thank you. taylordavidson.com @tdavidson  

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