3. What is IoT?
Internet of Things (IoT) is an ecosystem of
connected physical objects that are accessible
through the internet. The ‘thing’ in IoT could be
a person with a heart monitor or an automobile
with built-in-sensors, i.e. objects that have been
assigned an IP address and have the ability to
collect and transfer data over a network without
manual assistance or intervention. The
embedded technology in the objects helps them
to interact with internal states or the external
environment, which in turn affects the decisions
taken.
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D e f i n i t i o n
4. What is the scope of IoT?
• Internet of Things can connect devices embedded in various
systems to the internet. When devices/objects can represent
themselves digitally, they can be controlled from anywhere. The
connectivity then helps us capture more data from more places,
ensuring more ways of increasing efficiency and improving safety
and IoT security.
• IoT is a transformational force that can help companies improve
performance through IoT analytics and IoT Security to deliver better
results. Businesses in the utilities, oil & gas, insurance,
manufacturing, transportation, infrastructure and retail sectors can
reap the benefits of IoT by making more informed decisions, aided
by the torrent of interactional and transactional data at their
disposal.
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5. How can IoT help?
IoT platforms can help organizations reduce cost
through improved process efficiency, asset
utilization and productivity. With improved
tracking of devices/objects using sensors and
connectivity, they can benefit from real-time
insights and analytics, which would help them
make smarter decisions. The growth and
convergence of data, processes and things on
the internet would make such connections more
relevant and important, creating more
opportunities for people, businesses and
industries.
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7. APPLICATIONS
S m a r t H o m e
• IoT devices are a part of the larger concept of home
automation, which can include lighting, heating and air
conditioning, media and security systems. Long term
benefits could include energy savings by automatically
ensuring lights and electronics are turned off.
• A smart home or automated home could be based on a
platform or hubs that control smart devices and appliances.
W e a r a b l e s
• Wearable devices such as activity trackers are best example
of the Internet of Things, since "things" such as electronics,
software, sensors, and connectivity are effectors that
enable objects to exchange data (including data quality)
through the internet with a manufacturer, operator, and/or
other connected devices, without requiring human
intervention.
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8. APPLICATIONS
C o n n e c t e d C a r s
• The automotive digital technology has focused on
optimizing vehicles internal functions. But now, this
attention is growing towards enhancing the in-car
experience.
• A connected car is a vehicle which is able to optimize it’s
own operation, maintenance as well as comfort of
passengers using onboard sensors and internet
connectivity.
I n d u s t r i a l I n t e r n e t
• Industrial Internet is the new buzz in the industrial sector,
also termed as Industrial Internet of Things ( IIoT ). It is
empowering industrial engineering with sensors, software
and big data analytics to create brilliant machines.
• IIoT holds great potential for quality control and
sustainability. Applications for tracking goods, real time
information exchange about inventory among suppliers and
retailers and automated delivery will increase the supply
chain efficiency.
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9. APPLICATIONS
S m a r t C i t i e s
• A smart city is an urban area that uses different types of
electronic data collection sensors to supply information
which is used to manage assets and resources efficiently.
This includes data collected from citizens, devices, and
assets that is processed and analyzed to monitor and
manage traffic and transportation systems, power plants,
water supply networks, waste management, law
enforcement, information systems, schools, libraries,
hospitals, and other community services.
I o T i n A g r i c u l t u r e
• With the continuous increase in world’s population,
demand for food supply is extremely raised. Governments
are helping farmers to use advanced techniques and
research to increase food production. Smart farming is one
of the fastest growing field in IoT.
• Farmers are using meaningful insights from the data to yield
better return on investment. Sensing for soil moisture and
nutrients, controlling water usage for plant growth and
determining custom fertilizer are some simple uses of IoT.
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10. APPLICATIONS
S m a r t R e t a i l
• The potential of IoT in the retail sector is enormous. IoT
provides an opportunity to retailers to connect with the
customers to enhance the in-store experience.
• Smartphones will be the way for retailers to remain connected
with their consumers even out of store. Interacting through
Smartphones and using IoT technology can help retailers serve
their consumers better. They can also track consumers path
through a store and improve store layout and place premium
products in high traffic areas.
E n e r g y E n g a g e m e n t
• Power grids of the future will not only be smart enough but also
highly reliable. Smart grid concept is becoming very popular all
over world.
• The basic idea behind the smart grids is to collect data in an
automated fashion and analyze the behavior or electricity
consumers and suppliers for improving efficiency as well as
economics of electricity use.
• Smart Grids will also be able to detect sources of power outages
more quickly and at individual household levels like near by
solar panel, making possible distributed energy system.
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11. APPLICATIONS
I o T i n H e a l t h c a r e
• IoT in healthcare is aimed at empowering people to live
healthier life by wearing connected devices.
• The collected data will help in personalized analysis of an
individual’s health and provide tailor made strategies to
combat illness.
I o T i n P o u l t r y a n d F a r m i n g
• Livestock monitoring is about animal husbandry and cost
saving. Using IoT applications to gather data about the
health and well being of the cattle, ranchers knowing early
about the sick animal can pull out and help prevent large
number of sick cattle.
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13. 0
5000
10000
15000
20000
25000
2016 2017 2018 2020
IoT Units Installed Base by Category
(Millions of Units)
Consumer Business: Cross-Industry Business: Vertical-Specific
THE FUTURE OF IoT
U n i t s I n s t a l l e d B a s e
• Gartner, Inc. forecasts that 11.2 billion
connected things will be in use worldwide in
2018, up 33 percent from 2017, and will
reach 20.4 billion by 2020.
• Source: Gartner
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14. 0
500000
1000000
1500000
2000000
2500000
3000000
3500000
2016 2017 2018 2020
IoT Endpoint Spending by Category
(Millions of Dollars)
Consumer Business: Cross-Industry Business: Vertical-Specific
THE FUTURE OF IoT
E n d p o i n t S p e n d i n g
• Gartner, Inc. forecasts that the total spending
on endpoints and services will reach almost
$2.1 trillion in 2018 and is expected to be
around $3 trillion in 2020.
• Source: Gartner
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16. Criticism and controversies
• Platform fragmentation
• Privacy, autonomy, and control
• Data storage
• Security
• Design
• Environmental sustainability impact
• Intentional obsolescence of devices
• Confusing terminology
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17. ADOPTION
BARRIERS
• Lack of interoperability and unclear value
propositions
• Privacy and security concerns
• Traditional governance structures
• Business planning and models
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18. THANK YOU
T U S H A R G U P TA
t u s h a r g u p ta 2 1 1 2 @ g m a i l . c o m
