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The Internet of Things Real or Hype?


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This presentation discusses the Internet of Things Real or Hype? The presentation was given at the Industrial Internet Consortium Industrial Internet in Europe and Beyond Workshop at the M2M Innovation World Congress in Marseille France September 2014.

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The Internet of Things Real or Hype?

  1. 1. The Internet of Things Real or Hype? Keith Steele CEO PrismTech
  2. 2. •The Business-Critical Segment of the Internet-of-Things •Reliable Fault Tolerant Secure •Real-time situational awareness, control and interoperability are required; not just data collection •Device-to-device (Peer to Peer communications) is required as well as device-to-Cloud •Machines, enterprise systems and humans are connected •System robustness and agility (QoS) is important: transient nodes, dynamic discovery, recovery, traffic spikes •Efficient use of available bandwidth is important •Internet and Cloud technologies are complementing private LAN or lease-line WAN connectivity •Many protocols may co-exist in systems-of-systems The Industrial Internet Of Things 2
  3. 3. The IIoT Value Proposition
  4. 4. 4
  5. 5. •Improving the Productivity of Current Operations •Leveraging the potential of real-time data access across the extended enterprise •Creating New Business Opportunities •From devices to systems (e.g. connected machines) •From systems to value-add (e.g. power rather than engines) •From value-add to business intelligence (e.g. Data-as-a-Service) •Environmentally-friendly policies •Reduce waste (e.g. production efficiency) •Reduce energy consumption (e.g. Smart Grid) •Reduce pollution (e.g. Smart Cities) Fundamental Business Problems the IIoT Can Impact 5
  6. 6. 6 Accenture Technology Vision 2014 Trend #1: Digital-Physical Blur Why now? • An explosion of connected low-cost devices (e.g. sensors) • Increased WAN bandwidth (e.g. 4G, Wi-Fi) • Advanced, yet proven, connectivity software (e.g. data-sharing platforms) • Advanced robotics (e.g. autonomous vehicles) • Rise of real-time analytics (at the edge, gateway, or Cloud) 6
  7. 7. 7 The Current State of the IoT • 75% of companies are either actively exploring or using the IoT • Only 6% of business leaders believe that it is merely hype • In three years, 96% of surveyed individuals expect their business to be using IoT in some respect • 61% of the leaders recognize that they need to integrate IoT into their businesses, or else the business will fall behind • Only 30% of organizations saw double digit growth in IoT investments Source: The Economist (Survey 4Q13) 7
  8. 8. Source: General Electric 2013 Economic Benefits of Device Connectivity How Much Could We Save With Connected Machines? A 1% improvement in efficiency in these five industries could add up to $276 billion over 15 years 8
  9. 9. Bank of America Merrill Lynch May 2014 •Employee productivity increases •Improved Customer Service •Combined real-time data and response •Positive environmental, social and governmental impact Economic Benefit of the IoT 9
  10. 10. Enabling IoT – Data Sharing
  11. 11. The real value of the Internet of Things (IoT) and the Industrial Internet (I2) is ubiquitous information availability and consequently the decisions that can be made from its avaiaability, i.e. analytics.
  12. 12. Example: Smart Grid •Real-time access to energy production and demand can help match the production to the demand, improve the energy trading strategies, and allow micro- power generators to decide whether to sell or store their energy surplus.
  13. 13. •Real-time access to information about pollution, weather forecasts, traffic conditions, parking and public transportation enable smarter decisions about the policy to adopt to control traffic, such as reducing speed limits and prohibit traffic in certain areas. •Likewise access to luminosity, traffic and soil humidity can help control lightning, public garden watering, etc. Example: Smart City
  14. 14. •The Data Distribution Service for Real-Time Systems (DDS) supports data-centric publish-and-subscribe communications •DDS is designed to address the needs of large-scale mission and business-critical applications •The DDS specification is managed by the Object Management Group (OMG) •DDS enables scalable, real-time, reliable, high-performance and interoperable data exchanges between publishers and subscribers – Data in the Right Place at the right time •DDS is both programming language and OS independent •The APIs specified by the DDS standard have been implemented in a range of different programming languages including •C, C++, C#, Java, JavaScript, CoffeeScript, Scala, Lua and Ruby What is DDS? 14
  15. 15. PrismTech Named as Cool Vendor PrismTech has twice been named a Cool Vendor for its DDS product suite by Gartner. Gartner's "Cool Vendor" report recognizes companies considered to be innovative, impactful and intriguing. Leading Technology Analysts Recommend DDS 15 DDS has been featured and recommended in numerous reports by the leading technology analyst company Gartner
  16. 16. Our Product The Intelligent Data-Sharing Platform for Business-Critical IoT Systems 16
  17. 17. The Vortex Platform Vortex enables seamless, ubiquitous, efficient and timely data sharing across mobile, embedded, desktop, cloud and web applications VORTEX Enterprise
  18. 18. One Standard, One set of Tools, One Goal — Ubiquitous Data Sharing The Vortex Platform VORTEX Web VORTEX Lite VORTEX Gateway VORTEX Cloud Private Clouds VORTEX Tools •Insight •Record/Replay •Tuner •Tester •Configurator VORTEX Enterprise VORTEX Café
  19. 19. Cloud Vortex Café Vortex Gateway JMS Vortex Enterprise Vortex Web IaaS Private Cloud Vortex Lite Cloud Vortex Vortex Delivers Intelligent Data-Sharing 19
  20. 20. Use Case: Smart Energy Analytics Big Data Store 20 VORTEX Enterprise VORTEX Enterprise VORTEX Enterprise
  21. 21. Use Case: Smart Cities (Cité de Nice) 21 VORTEX Enterprise
  22. 22. Use Case: E-Health (MDPnP) Hospital A Private Cloud Analytics Big Data Store Hospital B 22 VORTEX Enterprise VORTEX Enterprise
  23. 23. Market Acceptance
  24. 24. PrismTech Defense Systems Solutions Vortex addresses the real-time data distribution needs of defense systems by satisfying a range of requirements at different temporal and geographical scale for applications such as Radar Processors, Naval Combat Management Systems, Land Systems, and next-generation Network Centric Systems. Defense Systems 24 Vortex sets new levels of performance, reliability, scalability, interoperability and fault-tolerance for defense systems
  25. 25. PrismTech Smart City Solutions Vortex facilitates ubiquitous access to real-time data from a variety of sensors, enabling every aspect of the city to be monitored and analyzed. The availability of rich information helps drive service innovation; improving the quality of life for residents and fostering a productive environment for business. Smart Cities 25 Vortex is a key technology solution used to meet the multi-facetted requirements of real-time urban space management
  26. 26. PrismTech Transportation Solutions Next generation Transportation shares the need of tracking increasingly high volumes of traffic in real-time and perform complex control functions. Vortex is enabling newly developed or upgraded systems to easily scale to cope with traffic growth while at the same time making information ubiquitously available. Transportation 26 Vortex provides a unique ability to address the real-time data distribution requirements of large scale, complex transport management systems
  27. 27. PrismTech Smart Energy Solutions By enabling a high quality, scalable, low-latency, real-time information infrastructure, Vortex provides a proven solution for smart energy grids. This in turn is helping deliver improved performance, data quality, data compliance and at the same time reduces costs. Smart Energy 27 Vortex is used to meet the demanding real-time data sharing requirements of next generation distributed power management systems
  28. 28. PrismTech Healthcare Solutions The proliferation of smart medical devices is creating a new set of challenges with respect to how networks of devices are integrated together. Vortex provides a proven solution for the secure transfer of real-time data between medical devices and other information systems, critical in a clinical environment. Healthcare 28 Vortex enables a patient’s data to be securely shared in real-time between healthcare professionals and other clinical information systems via the Cloud and using mobile technologies
  29. 29. PrismTech Industrial Automation Solutions Internet Protocol-based architectures are bringing modularity to Supervisory Control and Data Acquisition (SCADA) applications and enabling systems that are much more flexible and easier to update. Vortex provides a flexible, performant and highly scalable real-time data sharing solution for Industrial Automation Industrial Automation 29 Vortex provides the integration, scalability and flexibility to support complex, highly sophisticated and distributed control systems
  30. 30. PrismTech IT and Network Solutions The proliferation of both Enterprise and Public networks is driving the growth in the equipment required to support new networking functions (switching, routing, load balancing etc). Vortex provides a proven standards based solution to support the integration, monitoring and management challenges faced by NEPs and their customers. IT and Networks 30 Vortex meets the data sharing needs of the Internet of Things by providing a real-time link between the edge, the Cloud and mobile
  31. 31. PrismTech Financial Solutions The surge in fully automated trading, along with the steady growth of the financial sector, have led to an unprecedented growth in the market data rates. Vortex provides an ultra-low latency data distribution solution that can support the millions of messages per second required by next generation financial systems. Financial 31 With DDS becoming an accepted technology within finance, Vortex is well positioned to meet the needs of high performance trading applications
  32. 32. •For further information please contact us directly • • • •Or via social media •@prismtechkeith • • • • Thank You! 32