5. In January 2014, the NHTSA issued recalls for two vehicle models.
One was for a pickup truck from a major auto manufacturer with around
370,000 units on the road.
Another was for Tesla’s Model S sedan with around 29000 units on the road.
Source: Capitalizing on IoT - Jasper Wireless
6. In January 2014, the NHTSA issued recalls for two vehicle models.
One was for a pickup truck from a major auto manufacturer with around
370,000 units on the road.
Another was for Tesla’s Model S sedan with around 29000 units on the road.
Tesla prepared the software update.
Pushed it out to every single one of its Model S cars
remotely while the cars were turned off.
When their owners turned them back on, a
notification on the dashboard alerted them of the
update.
Source: Capitalizing on IoT - Jasper Wireless
7. Source: 2014 Internet of Things Study - Acquity Group
Crossing
the Chasm
• The Chasm is wider in IoT
• Capabilities Vs Value
8. Barriers to Adoption of smart in-home devices
Addressing
the barriers
• Talk to “Real Customers”
• IoT Vs Non- IoT Devices
• Educating consumers, Sales
Promotions
Source: 2014 Internet of Things Study - Acquity Group
9. Where is the money in IoT?
Cisco estimates that IoT has the potential to generate
about $19 trillion value over the coming years
But there is a catch!! Over 70% of organizations do not
generate service revenues from their IoT solutions