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IEEE IoT Business USE CASES in India

View of IoT Ecosystem from Incubation// Development// Acceleration perspective

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IEEE IoT Business USE CASES in India

  1. 1. IoT Ecosystem in India Perspective from Business Incubator and Accelerator 05-Dec-2015 Manjunatha Hebbar IEEE Workshop on IoT Usecases LEVERAGING USE CASES TO VALIDATE OPPORTUNITIES: INDIA AND ITS UNIQUE LANDSCAPE
  2. 2. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 2 Contents 01 Internet of Things - Business Context 02 IoT Challenges in India - Global 03 IoT for India - Pain Points 04 Government’s Role 05 Academia, Govt., Industry Collaboration 06 IoT - Future Shifters
  3. 3. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 3 Internet of Things is not a “Market” - but, a market(s) maker! 01 Every business will have to transform into a NETWORKED SERVICE BUSINESS! 02 In near future, every business will run on Internet of Things! 03 Large Lucrative problems! UnsolvedIoT presents opportunity to address
  4. 4. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 4 Y2k for Hardware? SEASON
  5. 5. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 5 Challenges
  6. 6. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 6 IoT Challenges in India Curators Consumers SpeedScope Skills Scale Creators • Fundamental Questions of emerging economy, emerging technology and emerging opportunity • Emerging Ecosystem with Equal Opportunity to Empower or Disrupt MULTIPLE, FUNDAMENTAL PRIORITIES
  7. 7. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 7 Scale Scope Speed Skills CuratorsCreators Consumers IoT Challenges in the world EVERY COUNTRY, COMPANY & CONSUMER - IN SIMILAR BOATS?
  8. 8. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 8 Expected Equilibrium in next 24 months Scale Scope Speed Creators Consumers Curators Skills • Shorter time window of opportunity for all • Fast adapting disruption at all levels • Challenges to the conventional wisdom • Service Mindset v/s Product / Solution Economies NOVELTY TO NECESSITY
  9. 9. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 9 Pain Points
  10. 10. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 10 Product (solution) realisation process Maturity • Lack of Full Product Lifecycle Experience • Asset Lite Approach • Risk Aversion • Service Mindset v/s Product / Solution Economies 01
  11. 11. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 11 Evolving value network 02
  12. 12. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 12 Maturing levers of acceleration 03
  13. 13. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 13 Government’s Role
  14. 14. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 14 Centrally Enabled, Locally Empowered IoT Policies, Provisions, Projects (SPV) 01 Collaboration across Industry bodies, Academia and Catalysts - national/global 02 Dedicated Incubation, Verification & Validation, Standardisation Initiatives 03 Govts are receptive, responsive and curious, but Accelerating implementation is the Key to success
  15. 15. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 15 Academia, Govt, Industry Collaboration
  16. 16. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 16 Highest level of Willingness to Cooperate and Collaborate 01 Exploratory approach to collaboration v/s resolution focused 02 Multiple, un-coordinated projects, initiatives and attempts to create value 03 Missing glue - Collaborative Projects of national/ social significance?
  17. 17. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 17 Future>>Shifters
  18. 18. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 18 We are on a mission to build a global OPEN, FREE, SECURE, CROWDSOURCED Internet of Things data network. Power of crowd v/s depth of pockets! 01
  19. 19. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 19 Corporate venturing: altering the core with organised disruption! 02
  20. 20. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 20 03 OPEN social innovation
  21. 21. Incubation// Development// Expansion © 2015 buoyanci. All Rights Reserved. 21 Large Lucrative problems! UnsolvedIoT presents opportunity to address Y2kfor Hardware? SEASON
  22. 22. buoyanci www.buoyanci.com

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View of IoT Ecosystem from Incubation// Development// Acceleration perspective

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