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Realizing the Potential of Connected World
The document discusses the transformative power of the Internet of Things (IoT) and its integration with artificial intelligence, emphasizing how IoT enables improved business models and economic growth across various industries. It highlights the importance of interoperability, security, and customer service, along with the evolving nature of jobs due to technological advancements. Additionally, it notes the potential for developing countries to leapfrog in digital infrastructure without extensive retrofitting.
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Realizing the Potential of Connected World
- 1. Realizing the Potentialof a Connected World Syam Madanapalli | Indian Technology Congress | 10-Aug-2017
- 2. ICT to IoT:What is Changing? Google, Facebook, Amazon Uber, Tesla, ? People, Cyber World Cyber Physical Systems, Things IoT,AR,VR,Pervasive Computing,AI Voice,Email,Web, Broadband,Social Networking,Cloud 2
- 3. IoT - TheEnabler of Everything Collaboration Transparency Innovation Empowerment Economic Growth New Business Models Artificial Intelligence ADAS,Drones&Robotics AR/VR 3DPrinting Blockchain IoT IoT 3
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- 5. IoT - Makingthe World a Better Place to Live Better World Data Visibility Agility ActionsDecisions 5
- 6. IoT is thePervasive Computing Time Devices 1 : N N : 1 1 : 1 Server Computing Personal Computing Pervasive Computing 6
- 7. IoT and 80- 20 Software & Services 80% Hardware 20% 80 - 20 Rule would help solution providers and customers where to focus for more value creation. 7
- 8. The Connected Products Insights Predictive Maintenance NewProducts Product Updates New Services Less Downtime Operational Efficiency The Extended Product 8
- 9. Servicizing - Everythingas a Service Sell Product Function Deliver more Services Pool, Share, Rent- to-Own Factor 4 Focus on Business Low Capex Pay per Use 9
- 10. The Outcome Economy Strategy Requires Impact Sellthe Results Connected Ecosystem Ability to Deliver Results Customer Context Quantifying the Results in Realtime Remote Service Delivery Survival of the Fittest Creating Stakeholder Value Improving the World 10
- 11. Flip-flops Bed Sold onWebsite Delivered Inaccurate information 20 days for Delivery 11 days to respond after complaint 56 days waiting for refund after acceptance Then Flip-flops - denies the refund Claims the installation complete without a visit 90 days since the purchase, no bed yet Companies like Flipkart with Poor Customer Service can easily be disrupted by nextgen retailers with New Business Models/SLAs. 11 Indiansdonotunderstandcustomer service,needtoapplytechnology.
- 12. Opportunity for DevelopingCountries State-of-the-art tech and connectivity from the outset Opportunity to leapfrog in digital infrastructure No costly retrofitting Next wave of smart services 12
- 13. IoT Impacts EveryIndustry and Service Industry 4.0 Government Healthcare FarmingBFSIEducation 13
- 14. Issues that Impactsthe Adoption Interoperability Security & Privacy Infrastructure Protocols, frameworks, profiles, syntax and semantics Data privacy, device, network & application security Spectrum, bandwidth, QoS and data storage 14
- 15. The Roof Computing,IEEE P1931.1 Roof horizontalizes the IoT ecosystem. Roof provides: Interoperability for devices and services Security by design Awareness and control for privacy Realtime edge analytics Data and services management Roof Service A Service B Physical World Cyber World 15
- 16. The Role ofGovernments Standards development Skill development Privacy & incident response Policies Leadership & investment 16
- 17. Technological unemployment is only shortterm. Jobs in the Connected World Repetitive and lower skilled jobs will be replaced by robots Machines will be used in unsafe environments Creates New Collar Jobs, augmented by robots and AI Innovation would not have negative effect on jobs. 17
- 18. IoT - to- AI Short term Long term Operational efficiency New products & services Outcome economy Pull economy Insights Analytics Predictions AI DataCapturing CognitiveComputing Cost reductions Pay per use Pay per result End-to-end automation New business models 18
- 19. AI for Day-to-DayLife Autonomous Cars Cognitive Computing Elderly Care Dangerous Jobs IoT and AI will be embedded into our lives that will democratize the intelligence, potentially making everybody smarter, faster, more productive, healthier and happier. Friendship 19
- 20. “Civilization advances byextending the number of important operations which we can perform without thinking about them.” Introduction to Mathematics (1911) IoT advances the civilization - IoT works in the background, we only see the benefits, not the technology. Alfred North Whitehead 1861 - 1947 20
- 21.