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Chris O’Connor
General Manager of IBM
Watson IoT Offerings
The Rise of the IoT Application
IoT Slam
June 21, 2017
The Rise of the IoT Application1
The Internet of Things has taken hold
$11.1 trillion
IoT economic
benefit by 2025
McKinsey
22 billion
IoT devices
installed by
2018
IDC
7 million
Twitter mentions
YTD
Twitter
IoT is making a
big impact…
130+
VC financings in
2015 (up 100% YTY)
CB Insights
$3 bn
Invested by IBM
…and garnering
major investment.
60% increase
in M&A activity in
2016 with $40
million in total value
TechTarget IoT Agenda
The Rise of the IoT Application2
Improve operations and lower cost
Enhance customer experience
Organizations are looking to the IoT for three primary outcomes
Transform and generate new revenue streams
The Rise of the IoT Application3
IoT transformation is being driven across industries
InsuranceAutomotive BuildingsIndustrial
products
Travel &
Transport
Electronics Retail Energy and
Utilities
Aerospace &
Defense
Manufacturing
The Rise of the IoT Application4
But it’s no longer a big deal to just hook something up
We’re entering the era of the IoT application
InsuranceAutomotive BuildingsIndustrial
products
Travel &
Transport
Electronics Retail Energy and
Utilities
Aerospace &
Defense
Manufacturing
Connected
Car
Predictive
Maintenance
Connected
Fleet
Connected
Elevators
Wearables
for Worker
Safety
Digital Twin
for
Maintenance
Intelligent
Equipment for
Manufacturing
Quality
Connected
Appliances
Store
Wellness
Smart Grid
Asset Health
Connected appliances reduce Whirlpool’s IT costs
with cloud-based hosting and solution as a service
delivery. Additional value is being driven through a
new link from customers to warrantee services,
product design and automated retail replenishment.
Connected Appliances
Whirlpool is seeing a 70% decrease
in customer service calls, and a 50%
reduction projected in service and
parts provision costs
Wearables are enabling identification of
potentially problematic conditions by data from
wearables to alert workers of hazardous
conditions in real time.
Wearables for Worker Safety
North Star BlueScope Steel
is using wearables to protect workers
in extreme environments
Store wellness
A large international retailer drove
18-38% lower store operational costs
90% reduction in alarm volume
100% automated work order generation
2-3 weeks advance notice of failures
10-12% energy consumption reduction
Additionally, shopper insights drove a
7-14% Increase in sales
8
AssetHealth
DTE Energy is leveraging an IoT for
Energy solution to implement an
analytics roadmap in support of asset
health and reliability
DTE is responsible for delivering electricity
reliably to over 2 million customers in SE
Michigan. They ensure the power is always
on with predictive analytics and maintenance
from Watson IoT for Energy.
With over 24,000 buildings to manage, it became a
cumbersome task for Sodexho, a French food
services and facilities management company, to
manage over 1.2 million assets, 7,000 technical
users, and 100,000 self-service portals for clients
to request services.
FacilitiesManagement
Sodexo shifted to a facilities
management solution and saw a 20%
reduction in total cost
of ownership
12
Predictive Maintenance
GKN Driveline has moved to 100%
of production assets handled by
preventative maintenance
GKN is using this asset management solution
to analyze years of maintenance, usage and
failure data to spot points of potential
vulnerability within production lines.
SmartGrid
Fingrid Oyj has seen 99% faster
fault analysis using real-time data
from grid management systems
12
Spatial analytics enable instant issue location
across a 14,000 km network, leading to
Smarter investments with a modern, future-
proof grid management solution
Digital Twin
DAQRI is gaining predictive
insights with AR Digital Twin
This augmented reality helmet allows workers
to ask questions and control the digital twin
with voice. Digital twin provides current status
and predicted failure date.
Transforming into a Services
Company
KONE is using the IoT to intelligently
service over 1 Million elevators and
escalators that move 1 Billion people a
day.
KONE is leveraging its position as a single
point of control of people flow to transform
into a services company by capitalizing on IoT
data.
Thank you
Find out how we’re innovating with
clients and partners at:
IBM.com/IoT
IBM.co/digitaltwin

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IoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor

  • 1. Chris O’Connor General Manager of IBM Watson IoT Offerings The Rise of the IoT Application IoT Slam June 21, 2017
  • 2. The Rise of the IoT Application1 The Internet of Things has taken hold $11.1 trillion IoT economic benefit by 2025 McKinsey 22 billion IoT devices installed by 2018 IDC 7 million Twitter mentions YTD Twitter IoT is making a big impact… 130+ VC financings in 2015 (up 100% YTY) CB Insights $3 bn Invested by IBM …and garnering major investment. 60% increase in M&A activity in 2016 with $40 million in total value TechTarget IoT Agenda
  • 3. The Rise of the IoT Application2 Improve operations and lower cost Enhance customer experience Organizations are looking to the IoT for three primary outcomes Transform and generate new revenue streams
  • 4. The Rise of the IoT Application3 IoT transformation is being driven across industries InsuranceAutomotive BuildingsIndustrial products Travel & Transport Electronics Retail Energy and Utilities Aerospace & Defense Manufacturing
  • 5. The Rise of the IoT Application4 But it’s no longer a big deal to just hook something up We’re entering the era of the IoT application InsuranceAutomotive BuildingsIndustrial products Travel & Transport Electronics Retail Energy and Utilities Aerospace & Defense Manufacturing Connected Car Predictive Maintenance Connected Fleet Connected Elevators Wearables for Worker Safety Digital Twin for Maintenance Intelligent Equipment for Manufacturing Quality Connected Appliances Store Wellness Smart Grid Asset Health
  • 6. Connected appliances reduce Whirlpool’s IT costs with cloud-based hosting and solution as a service delivery. Additional value is being driven through a new link from customers to warrantee services, product design and automated retail replenishment. Connected Appliances Whirlpool is seeing a 70% decrease in customer service calls, and a 50% reduction projected in service and parts provision costs
  • 7. Wearables are enabling identification of potentially problematic conditions by data from wearables to alert workers of hazardous conditions in real time. Wearables for Worker Safety North Star BlueScope Steel is using wearables to protect workers in extreme environments
  • 8. Store wellness A large international retailer drove 18-38% lower store operational costs 90% reduction in alarm volume 100% automated work order generation 2-3 weeks advance notice of failures 10-12% energy consumption reduction Additionally, shopper insights drove a 7-14% Increase in sales
  • 9. 8 AssetHealth DTE Energy is leveraging an IoT for Energy solution to implement an analytics roadmap in support of asset health and reliability DTE is responsible for delivering electricity reliably to over 2 million customers in SE Michigan. They ensure the power is always on with predictive analytics and maintenance from Watson IoT for Energy.
  • 10. With over 24,000 buildings to manage, it became a cumbersome task for Sodexho, a French food services and facilities management company, to manage over 1.2 million assets, 7,000 technical users, and 100,000 self-service portals for clients to request services. FacilitiesManagement Sodexo shifted to a facilities management solution and saw a 20% reduction in total cost of ownership 12
  • 11. Predictive Maintenance GKN Driveline has moved to 100% of production assets handled by preventative maintenance GKN is using this asset management solution to analyze years of maintenance, usage and failure data to spot points of potential vulnerability within production lines.
  • 12. SmartGrid Fingrid Oyj has seen 99% faster fault analysis using real-time data from grid management systems 12 Spatial analytics enable instant issue location across a 14,000 km network, leading to Smarter investments with a modern, future- proof grid management solution
  • 13. Digital Twin DAQRI is gaining predictive insights with AR Digital Twin This augmented reality helmet allows workers to ask questions and control the digital twin with voice. Digital twin provides current status and predicted failure date.
  • 14. Transforming into a Services Company KONE is using the IoT to intelligently service over 1 Million elevators and escalators that move 1 Billion people a day. KONE is leveraging its position as a single point of control of people flow to transform into a services company by capitalizing on IoT data.
  • 15. Thank you Find out how we’re innovating with clients and partners at: IBM.com/IoT IBM.co/digitaltwin