Emerging Technology: Internet of Things
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A high-level presentation of Internet-of-Things idea. History, landscape, examples of real-life applications and future.
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Emerging Technology: Internet of Things
- 1. Internet of Things Emerging Technology MBA 615 - John Molson School of Business Aali Malik, Bartosz Petrynski and Nitin Shetty
- 2. -2- 01 02 03 04 Application examples Pros and Cons of the IoT Future Developments Introduction and History
- 3. -3- 01 02 03 04 Application examples Pros and Cons of the IoT Future Developments Introduction and History
- 4. -4- History of IoT Phases of Evolution
- 5. -5- Sensors & Devices The Internet of Things connects billions of sensors and devices such as consumer objects and industrial equipment onto networks. Connectivity / Networks Increasing amounts of Data produced by those Sensors and connected Devices are hence Acquired, logged and Stored onto networks. People & Processes Networked inputs are then Combined into bi-directional Systems for better decision making, Increased efficiency, new services or Environmental benefits. IoT Definition IoT Connects the physical world to the internet
- 6. -6- 1. Sensors & Actuators We are giving our world a digital nervous system
- 7. -7- 2. Connectivity These inputs are digitized and placed onto networks
- 8. -8- 3. People & processes These inputs are combined into bi-directional systems
- 9. -9- Potential of IoT Any Place AnywhereAnyone Anybody Anytime Any Context Any Service Any Business Any Path Any NetworkAnything Any Device IoT will soon be everywhere … Home Consumer Fashion Lifestyle Transport & Traffic Retail Inventory Logistics Real-Time Manufacturing M2M Cities Industry Health Body Agriculture Control Security Detection
- 10. -10- Milk “The Internet of Things (IoT) is when a milk carton tells you it’s running low and it’s time to buy milk” Examples of IoT
- 11. Guess the number of connected devices by 2020?
- 12. -12- More connected devices than people Source: Cisco, April 2011
- 13. -13- A Driver of New Product Cycles (Incremental Revenue Streams) Another Leg of Cost Efficiencies (Better Productivity & Cost Savings) IoT Value Proposition
- 14. -14- IoT is not only data collection, it’s also… …processing it and converting into wisdom
- 15. -15- 01 02 03 04 Application examples Pros and Cons of the IoT Future Developments Introduction and History
- 16. -16- • Connected Retail • Real time Logistics • Smart Manufacturing • Smart Agriculture Enterprise applications • Smart City • Environment Protection • Intelligent buildings • Smart Utilities Government applications • Connected Home • Connected Car • Wearables • Healthcare Customer applications IoT landscape IoT will soon be everywhere
- 17. -17- B2C B2B Government - 5 10 15 20 25 2014 2015 2016 2017 2018 2019 Billions IoT landscape Estimated number of installed IoT devices by sector Source: BI Intelligence
- 18. -18- • Connected Retail • Real time Logistics • Smart Manufacturing • Smart Agriculture Enterprise • Smart City • Environment Protection • Intelligent buildings • Smart Utilities Government • Connected Home • Connected Car • Wearables • Healthcare Customer IoT landscape IoT will soon be everywhere
- 19. -19- Key areas Security Energy saving Convenience How it works? • Central hub in home connected to internet • Number of sensors and controllers connected to central hub • Radio connection using mesh network • Central hub is accessible by web / mobile app B2C: Connected Home What’s in the ecosystem Lights & curtain Smart Appliances Smart Media Air Control Background music Central heating Safeguard Video Intercom Central AC
- 20. -20- D Learning thermostatsC Intelligent speaker B Connected locksA Bulbs connected to WiFi B2C: Connected Home Examples of applications
- 21. -21- Key areas Predictive maintenance Insurance Emergency • Dongle or smartphone used for telematics • OEMs mount own systems • SIM card pre-installed and mobile network operators • EU require blackbox in car How it works? Autonomous driving Sharing B2C: Connected Car What’s in the ecosystem Telematics hub Door locks Navigation system Battery SRS Brake system CAN BUS Horn eCall Blackbox Electronic Control Unit
- 22. -22- D Car sharing and parkingC Usage Based Insurance B Autonomus drivingA Entertainment system B2C: Connected Car Examples of applications
- 23. -23- • Connected Retail • Real time Logistics • Smart Manufacturing • Smart Agriculture Enterprise applications • Smart City • Environment Protection • Intelligent buildings • Smart Utilities Government applications • Connected Home • Connected Car • Wearables • Healthcare Customer applications IoT landscape IoT will soon be everywhere
- 24. -24- Key areas B2B: Connected Retail What’s in the ecosystem Improving the customer experience Optimizing supply chain operations Creating new channels and revenue streams
- 25. -25- D JIT promotions and marketingC Shopping Analytics B Contactless checkoutA Smart-Vending Machines B2B: Connected Retail Examples of applications
- 26. -26- D Smart logistics and warehousing C Remote crop monitoring B Predictive analytics crops and livestock A Field and resource mapping B2B: Smart Farming Examples of applications
- 27. -27- • Connected Retail • Real time Logistics • Smart Manufacturing • Smart Agriculture Enterprise applications • Smart City • Environment Protection • Intelligent buildings • Smart Utilities Government applications • Connected Home • Connected Car • Wearables • Healthcare Customer applications IoT landscape IoT will soon be everywhere
- 28. -28- Government: use cases Examples of applications Source: Amazon Web Services City of London Transit hub efficiency and Route Navigation for Commuters Mobility Efficiency Franchise & Opinions Singapore Govt. experiments and also uses for delivering location based service and info. Voting Jerusalem – Garbage collection and waste management Sanitation Singapore Govt. has mapped all govt. agencies and are efficiently delivering target based services and infor Co-operate Public safety & Disaster management anticipate crime patterns and deploy resources effectively Safety Smart Grids and water management cloud based water management in Houston Utilities
- 29. -29- Government: use cases Impact on government Process re-engineer Fine tune practices and innovate novel services based on data Cost Reduction Reduced cost with optimal utilization of resources Decision Enable real time decision making to prioritize govt efforts in right direction Productive Society These efforts lead to satisfied and productive citizen
- 30. -30- 01 02 03 04 Application examples Pros and Cons of the IoT Future Developments Introduction and History
- 31. -31- Challenges for IOT Data Security Interoperability Standardization Revenue Stream and Value Chain
- 32. -32- Advantages from IOT A Customer Satisfaction B Real Time Collaboration E Price Discovery C New Revenue Streams D No downtime
- 33. -33- Risks with IOT A Technology over dependence C Data Security B Digital Divide D Amplification of surface of Attack
- 34. -34- 01 02 03 04 Sector Applications Pros and Cons of the IoT Future Developments Introduction and History
- 36. -36- Q&A