Michael Koster's Iotweek 2013 keynote


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Keynote presentation from IoT Week 2013 in Helsinki, Finland

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Michael Koster's Iotweek 2013 keynote

  1. 1. The Network Effect:Open Source and the Internet ofThingsMichael KosterScott McNeilOpen Source Internet of Things
  2. 2. What is the Network Effect?• As the number of participants in a networkincrease, so do the number of connections• Each participant adds potential value• Each connection adds potential value• The total value potential of the network thusgrows as an exponential function of the numberof participants; Participants x Connections• This is the Network Effect
  3. 3. M2M Creates Value• Machine to Machine communication (M2M)creates value by connecting physical resourcesto software• ImprovedManageability, Utilization, PredictiveMaintenance• Conversion of Capital Assets to ManagedResources
  4. 4. Value Yet to be Created• M2M can be used to create the NetworkEffect with connected resources• As more physical resources are connected tosoftware, they can potentially be managed asa single system• Thus realizing the Network Effect as thenumber of potential software managementconnections to each resource increases
  5. 5. We’re not going in the right direction• To date, M2M architectures have focused onVertical Integration of the sensors,communication, and software• Resulting in highly efficient Silos, withdedicated services, proprietary gateways, andfragmented interfaces• Making it difficult, if not impossible, to realizethe Network Effect
  6. 6. Today => Vertically Integrated Silos
  7. 7. Network Effect: IoT builds on M2M• Emerging M2M standards will make M2M moreaccessible and ubiquitous• But won’t fully enable the Network Effect• Broad Interoperability is needed to achieve thenext level• Creation of exponential value with the Internet ofThings by managing diverse resources together assingle systems
  8. 8. Common Data Models and API
  9. 9. Open Horizontal Platform• Focus on Web Scale Interoperability• Common data models, event model, and RESTAPI, supporting event-driven modular software runninganywhere in the network• Enables the Network Effect; diverse resources managedas larger system• Disparate domains ofmanufacturing, automation, healthcare, transportation, global weather, home security, all brought together tocreate huge value networks
  10. 10. Open Source, Open Standards• Software Integrates vertical market segmentsand knowledge domains together• The Open Horizontal Platform will be used byeveryone• The platform is no longer a differentiator• Permissive Open Source creates De Factostandards that are by nature free of royaltyand license restrictions, usable by everyone
  11. 11. Like the Internet and the Web• The Internet and the WWW infrastructure is composed ofopen standards and open source referenceimplementations• Like the Internet, we want to insure fair and open access tothe IoT by everyone• Like the Internet, we need to build the IoT together as acommunity• Asking for participation from Industry, Research, Standardsbodies, Developers, and Entrepreneurs in a CommunityConsortium to build the Open Horizontal Platform foreveryone• OSIOT.org – The Open Source Internet of Things
  12. 12. The Open Horizontal Ecosystem