This document discusses the Internet of Things (IoT) and provides key information about IoT. It begins by defining IoT as a system of interrelated, internet-connected objects that can collect and transfer data over a wireless network without human intervention. It then notes that there are expected to be more than 64 billion IoT devices worldwide by 2025 and over 5.8 billion enterprise and automotive gadgets were connected to IoT by 2020. The document outlines the various components of an IoT solution including smart devices, gateways, edge software, cloud platforms and more. It provides tips for developing an IoT solution such as defining the user persona and journey, and considering whether to build or buy different solution components.

1. Demystifying IoT
Himanshu Jain

2. What is IoT
IoT system layer
IoT device/ Smart
machines
Data Capture
Data visualization
IoT solution layer
Notifications, System workflows
Data processing and Decision making
Event detection
Action
The Internet of Things (IoT) refers to a system of interrelated, internet-connected objects that
can collect and transfer data over a wireless network without human intervention

3. How big is IoT market
•There are expected to be more than 64B
IoT devices worldwide by 2025.
•By the end of 2020, 5.8 billion
automotive and enterprise gadgets wеre
on IoT.
•IoT has the potential to generate $4T to
$11T in economic value by 2025.
•The main revenue driver for 54% of
enterprise IoT projects is cost savings.

4. IoT solution components
Smart device –
Inbuilt sensors
Your retrofitted
sensors
Gateways
Cloud to cloud
connectors
Edge software
Native connectors
Private cloud Dashboards
Notifications
Public cloud –
AWS, Azure,
GCP
Integrated
workflows

5. Solve the problem
Define the persona
• What’s the persona you are targeting
• What problem are you trying to solve for them
• Why are you placed good to solve that problem
Define the user journey
• How will a client and user interact with your solution from on-boarding to use to
support
• Where is your sweet spot in the user journey
Solve the technology
• How will hardware interact with software
• How will you make system secured
• What is your data strategy about hosting, storage and replay
Plan to monetize
• Will it be one time purchase model, SaaS model or a hybrid.
• What will stick with customers and keep your business viable

6. Build v/s Buy
IoT system layer
IoT device/ Smart
machines
Data Capture
Data
visualization
IoT solution layer
Notifications, System
workflows
Data processing and
Decision making
Event
detection
Action
Focus on your core competence – build partnerships
Hardware
providers
Build
Build
Partner Adapter
Device to cloud
Partner Adapter
Cloud to
application
Build
IoT platform
provider
Application
provider
Buy/ Partner
Buy/ Partner Buy/ Partner
Buy/ Partner

7. THANK YOU
himanshujain01@gmail.com