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Gaurav Sood - Internet of Things

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What is the Internet of Things? The presentation introduces the topic, provides several use cases, identifies market opportunities and size, and the challenges ahead to make this a reality.

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Gaurav Sood - Internet of Things

  1. 1. INTERNET OF THINGS ATP Innovations Thursday 20th March
  2. 2. 2 Thanks to ATP Innovation!
  3. 3. 3 HealthTechSydney Birthday!!!
  4. 4. 4 GAURAV SOOD PRODUCT STRATEGY MBA, IE BUSINESS SCHOOL E: sood.gaurav@gmail.com T: @GauravInnovate LN: www.linkedin.com/ln/gauravsood
  5. 5. HEALTHTECH SYDNEY The Healthcare Education and Innovation Community www.healthtechsydney.com.au Email: hello@healthtechsydney.com.au Twitter: @HTSydney
  6. 6. The Healthcare Education and Innovation Community
  7. 7. THE INTERNET OF THINGS OPPORTUNITIES & CHALLENGES 7
  8. 8. Machines can do the work … … so, people have time to think. Lyrics: Machines Work, B(IF)TEK 8
  9. 9. Overview 1. WHAT IS IOT? 2. WHAT IT MEANS FOR YOU 3. TECHNOLOGY 4. OPPORTUNITIES 5. USE CASES 6. ADOPTION ENABLERS 7. CHALLENGES 8. WAY FORWARD 9. SPEAKERS 9
  10. 10. What is Internet of Things?  SENSOR & INTERNET ENABLED DEVICES —MEASURING & TRANSMITTING INFORMATION  AWARE —INTERCONNECTED —DEPENDENCY AWARE  INTELLIGENT —ALGORITHMIC DECISION MAKING 11
  11. 11. - Learns your habits - Controls your environment - Reduces your energy bill 12
  12. 12. - Remote control for lights - Timed & pre-programmable - Link to notification/alerting - Optimal lighting 13
  13. 13. DIKW WISDOM KNOWLEDGE INFORMATION DATA Assimilation of vast amounts of data to meaningful information Synthesis of information to knowledge 14
  14. 14. What it means for you  SAVING TIME: SUPPLY CHAIN, TRAFFIC, INVENTORY  SAVING ENERGY: GRID, WEATHER & PERSON AWARE APPLIANCES  SAVING MONEY: LIVESTOCK LOSS, AGRICULTURE PROTECTION  IMPROVING LIFESTYLE: DIET, EXERCISE, SLEEP, TRAVEL 15
  15. 15. More Mental Bandwidth Increased Leisure Time Data Driven Behaviour Resource Optimisation 16 Higher Level Problem Solving
  16. 16. Internet Networked system User “Console Applications” Intelligent Controller “Devices” “Sensors & Protocols” 17
  17. 17. Single Home with sensor enabled smart devices “A System” 18
  18. 18. 19
  19. 19. 20 Grid connected smart homes “A System of Systems” Optimising energy consumption/production
  20. 20. THE SMARTER & MORE INTERCONNECTED THE SYSTEM OF SYSTEMS THE LARGER THE POTENTIAL BENEFIT 21
  21. 21. $14.4 Trillion in Revenues and Cost Savings by 2023. Services and consulting key revenue stream. Cisco 22
  22. 22. Opportunities 1. ALGORITHMS & PROTOCOLS PATENTS (LICENSING) 1. INTELLIGENT DEVICES (SALES & PATENT LICENSING) 2. CONSOLE APPLICATION DEVELOPMENT & CONFIGURATION (CONSULTING) 23
  23. 23. 24
  24. 24. Use Cases 1. Supply Chain 1. Personal & Home 25
  25. 25. Supply Chain 1. Preventing stock-outs via automatic re- stocking 2. Reducing travel costs and miles, lower time to market 3. Matching manufacturing to demand 4. Higher profitability and revenue potential 5. Real-time customer order tracking 6. Order customisation 26
  26. 26. Personal & Home 1. Biometrics: tracking diet, medicine, sleep, exercise 2. User experiences: Optimising travel, automatic purchasing, recommendations, life style 3. Increasing free, leisure and family time 27
  27. 27. Proteus Digital Health “Half of all medicines not taken as prescribed” 28
  28. 28. www.proteus.com http://vimeo.com/45229049 29
  29. 29. Adoption Enablers  SENSORS 1. Increasing variety & strength: biological, nano, fabric, electronic 2. Inexpensive 3. Ease of acquisition/integration 30
  30. 30. Adoption Enablers  SMART DEVICES 1. PHONES/CARS/FRIDGES/TVS/LIGHTING/ROBOTS  INTERNET (IPV6, CLOUD, ANALYTICS) 1. HIGH CAPACITY DATA NETWORKS 2. ANALYTICS/ALGORITHMS AS A SERVICE 3. CENTRAL REVIEW/ANALYSIS (CLOUD/WEB) 31
  31. 31. Adoption Enablers  THE “MAKER CULTURE”: CREATION AS A HOBBY — QUANTIFIED SELF — OZBERRYPI 32
  32. 32. Challenges  INTEGRATION — MESSAGING PROTOCOLS — MESSAGING FORMAT STANDARDISATION  COMPLEXITY — ALGORITHM IMPLEMENTATION & OPTIMISATION  NASCENT LABOUR SKILL — NICHE BUSINESS AND TECHNICAL SKILLS 33
  33. 33. Way Forward  COLLABORATION — INDUSTRY COLLABORATION ACROSS „SYSTEMS‟ — MEANINGFUL AND VALUE DRIVEN COMMUNICATION  STANDARDISATION — COMMUNICATION, SECURITY, PLATFORMS, META- DATA  INCENTIVES — ALIGNMENT TO REDUCE COSTS WHILE IMPROVING EXPERIENCE AND GROWING REVENUES TOGETHER 34
  34. 34. Speakers 1. Dennis Silvers: Manager, Emerging Industries 2. Treffyn Koreshoff, UTS 3. Andrew Stone: Founder, DrivenLogic 4. Ewan Le Bouris: Founder, SAFE MATE Australia 35
  35. 35. Dennis Silvers Innovate NSW eHealth 27th March NSW Govt Trade & Investment 36
  36. 36. Treffyn Koreshoff “Human-centric smart object design for aged care in home” 37
  37. 37. Andrew Stone “OzBerryPI – the hacker/maker community” #ozberrypi www.meetup.com/OzBerryPi 38
  38. 38. Ewan Le Bouris “An innovative community program for surfers and beach-goers who care about his/her own safety.” www.facebook.com/SafeMateAustralia 39
  39. 39. Help? Ideas? People? Feedback?
  40. 40. Pitch Club Thursday 3rd April ATP Innovations
  41. 41. 42 Thank you!
  42. 42. References  FWTHINKING: HTTP://WWW.YOUTUBE.COM/WATCH?V=LVLT4SX6UVS  IBMSOCIALMEDIA: HTTP://WWW.YOUTUBE.COM/WATCH?V=SFEBMV295KK  WHAT’S HOLDING UP THE IOT, READWRITE: HTTP://READWRITE.COM/2013/06/14/WHATS-HOLDING-UP-THE-INTERNET-OF- THINGS  SPARK, KICKSTARTER: HTTP://WWW.KICKSTARTER.COM/PROJECTS/SPARKDEVICES/SPARK-UPGRADE- YOUR-LIGHTS-WITH-WI-FI-AND-APPS/  NEST: HTTP://NEST.COM/LIVING-WITH-NEST/#MEET-THE-NEST-LEARNING- THERMOSTAT  CISCO’S IOT VISION IS ABOUT SERVICES & GEAR, GIGAOM: HTTP://GIGAOM.COM/2013/06/28/CISCOS-INTERNET-OF-THINGS-VISION-IS- MORE-ABOUT-SERVICES-THAN-GEAR/ 43

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