This document discusses how the Internet of Things (IoT) will impact businesses. It provides statistics on the growing number of connected devices, with predictions of 50 billion connected devices by 2020. IoT can enable predictive maintenance and reduce costs for facilities management in areas like power, water and fire systems. IoT is also discussed in the context of healthcare, with the potential to improve clinical care through remote patient monitoring and reducing costs through greater efficiency. The overall economic impact of IoT is estimated to reach $11 trillion by 2025 according to one source cited in the document.

1. What does the future hold for your business?

2. Internet of Things
The network of physical
objects or “things”
embedded with
electronics, software,
sensors, and network
connectivity enabling
these objects to collect
and exchange data.
https://en.wikipedia.org/wiki/Internet_of_Things

3. http://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can-understand/
IoT connects any device with an on and off
switch including: coffee makers, washing
machines, lamps, headphones, and cellphones

4. How is IoT going to affect you?

5. http://www.gartner.com/newsroom/id/3165317
There will be 6.4 billion Internet-connected
things in use worldwide in 2016

6. http://www.slideshare.net/ValaAfshar/internet-of-thingsslideshare/2-HAPIfork_The_HAPIfork_is_an
40Xmore devices
than people on the internet
in 2020

7. http://www.cognizant.com/InsightsWhitepapers/Reaping-the-Benefits-of-the-Internet-of-Things.pdf
IoT will create enhanced agility and flexibility, reduced
energy consumption and carbon footprint in the
manufacturing industry

8. http://www.slideshare.net/timoreilly/lessons-for-the-industrial-internet-pdf-with-notes
Key design goals for the industrial internet:
simplicity, generativity, and robustness

9. http://www.forbes.com/sites/bernardmarr/2015/10/27/17-mind-blowing-internet-of-things-facts-everyone-should-read/
IoT will have a total economic impact of $11
trillion by 2025

10. Today, the market for Radio Frequency Identification tags, used
for transmitting data to identify and track objects, is worth
$11.1 billion. This is predicted to rise to $21.9 billion in 2020
http://www.forbes.com/sites/bernardmarr/2015/10/27/17-mind-blowing-internet-of-things-facts-everyone-should-read/

11. 36% of companies in North America have IoT
initiatives in 2015
http://whatsthebigdata.com/2015/08/24/the-internet-of-things-iot-9-predictions-and-facts/

12. http://www.forbes.com/sites/bernardmarr/2015/10/27/17-mind-blowing-internet-of-things-facts-everyone-should-read/
Machine-to-machine connections will grow from 5 billion at the
beginning of 2015 to 27 billion in 2024, with China taking a
21% share and the U.S. 20%.

13. http://www.oecd.org/sti/ieconomy/industrial-internet-at-General-Electric.pdf
50 billionmachines
will be connected
on the internet by
2020

14. http://whatsthebigdata.com/2015/08/24/the-internet-of-things-iot-9-predictions-and-facts/
Companies with IoT programs in place reported
an average revenue increase of 16% in 2014

15. http://www.oecd.org/sti/ieconomy/industrial-internet-at-General-Electric.pdf
2xdata growth
within next 10 years
industrial

16. Banking, utilities, securities/investment services and
telecommunications industries are the leading sectors
investing in IoT in 2015
http://whatsthebigdata.com/2015/08/24/the-internet-of-things-iot-9-predictions-and-facts/

17. IoT revenue predictions for 2018
http://www.slideshare.net/mightythings/mighty-things-i-new-paradigm/17-17_IoT_revenues_predictions_are
• Manufacturing - $918 billion
• Utilities - $201 billion
• Banking - $154 billion
• Transportation - $325 billion
• Health - $313 billion

18. IoT andmaintenance

19. http://www.reliableplant.com/Read/29962/internet-improve-maintenance
IoT can help generate better pre
IoT can help generate:
• Greater adoption of predictive
maintenance
• Real-time data analysis
• Recommended repair actions

21. http://www.cognizant.com/InsightsWhitepapers/Reaping-the-Benefits-of-the-Internet-of-Things.pdf
Cost savings with preventive maintenance of critical
systems including: water, power, fire, cooling systems,
and alarms

22. http://www.reliableplant.com/Read/29962/internet-improve-maintenance
Inventory control – Limiting equipment downtime and
controlling maintenance budgets

23. http://www3.epa.gov/statelocalclimate/documents/pdf/ee_municipal_operations.pdf
Recent study by Navigant research forecasts revenues
for commercial building automation systems will grow
from $58 billion in 2013 to $101 billion in 2021

24. The Future of
Healthcare

25. https://cache.freescale.com/files/corporate/doc/white_paper/IOTREVHEALCARWP.pdf
IoT can help technologies in healthcare by:
• Low-power operation
• Integrated precision-analog capabilities
• Graphical user interfaces
• Gateways
• Wireless networking

26. Enabling technologies in healthcare
• Low-power operation
• Integrated precision-analog capabilities
• Graphical user interfaces
• Gateways
• Wireless networking
• https://cache.freescale.com/files/corporate/doc/white_paper/IOTRE
VHEALCARWP.pdf

27. http://www.oecd.org/sti/ieconomy/industrial-internet-at-General-Electric.pdf
IoT can provide asset management, patient safety,
patient flow and collaboration across networks in the
healthcare industry

28. By reducing process efficiency through predictive
maintenance, the healthcare industry could increase
their value to $63 billion
http://www.oecd.org/sti/ieconomy/industrial-internet-at-General-Electric.pdf

29. https://cache.freescale.com/files/corporate/doc/white_paper/IOTREVHEALCARWP.pdf
IoT can improve clinical care through non-invasive monitoring for
physiological patients by reducing doctors coming in to check
regular vital signs and provide constant flow of information

30. https://cache.freescale.com/files/corporate/doc/white_paper/IOTREVHEALCARWP.pdf
Remote patient monitoring – Patients with chronic
disease may be less likely to develop complications and
acute complications may be diagnosed earlier

31. Thank you!