This document discusses the evolution of the internet from Web 1.0 focusing on information, to Web 2.0 focusing on people, to the current Web 3.0 focusing on connecting physical devices or "things" known as the Internet of Things (IoT). It outlines the building blocks that enable IoT such as sensors, connectivity, and processing power. The document also discusses current IoT trends, opportunities for businesses through applications in various industries, and challenges in IoT implementation including security, privacy and interoperability. It predicts the IoT market will reach $11 trillion by 2020.

1. Business Opportunities in the Connected World

2. BBQ Anyone?

3. No Gas! ARGH…

4. Smart Auto-Refill

5. Evolution of Internet

6. Web 1.0 – Internet of Information

7. Web 2.0 – Internet of People

8. Web 3.0 – Internet of Things

9. Internet of Things?

10. Sensor
Connectivity
Processing
Building Blocks of IoT

11. Electronic Senses
Image: educatingplanet.com

12. Data Coverage
Image: 3gamericas.org

13. Compute Power
Year: 1969 Year: 2015

14. What’s New?

15. NASA Rover

16. It’s raining cash in
Silicon Valley again…
Time Magazine Feb, 2015

17. Forces of Acceleration
Smaller,
Cheaper,
Accurate
Smaller,
Powerful,
Pervasive
Everywhere:
Cellular, Wi-
Fi, Bluetooth
Open-Source,
Scalable,
Accessible

18. Wired and Hooked

19. Flood of Consumer Gadgets

20. Device Sales
Web 1.0 Web 2.0 Web 3.0
300 mil PCs/Year
1 bil Smartphones/Year
50 bil Smartdevices/Year

21. IoT Marketshare by 2020
$11 Trillion
20202015
US$ Trillions
2
4
6
8
10
12

22. Current IoT Trends
Consumer
40%
Transport
8%Health
5%
Buildings
21%
Cities
27%

23. Adoption of IoT in Business

24. Painkillers
Downtime Cost:
$7 MM/Well/Per Week
$150 MM Annual
Losses for Mid-size
LNG Facility

25. Efficiencies

26. Competitive Advantages

28. IoT Applications

29. Transportation

30. Smart Cities

31. Smart Energy
Healthcare

32. Smart Energy

33. Capacity Management

34. Inventory Management

35. Environmental Feedback

36. Disaster Response

37. Care

38. • Performance
• Maintenance
• Utilization
• Feedback
• Automation
• Planning
• Forecasting
• Optimization
Bringing “Things” to Life

39. Challenges in IoT
Security PrivacyInteroperability

41. “The future is already here — it's just not
very evenly distributed.”
— William Gibson

42. Thank you!
@Jag_Randhawa
Author of THE BRIGHT IDEA BOX
www.TheBrightIdeaBox.com