A small presentation on Internet of Things : what it is and what it's gonna be in the next few years.

1. The Internet of Things(IoT)
BY – SAURABH YADAV

2. What is IoT?
The Internet of Things (IoT) is the network of physical objects—devices,
vehicles, buildings and other items embedded with electronics, software,
sensors, and network connectivity which enables these objects to collect
and exchange data, creating opportunities for more direct integration of
the physical world into computer-based systems.

3. History of IoT
The concept of the Internet of Things first became popular in 1999,
through the Auto-ID Center at MIT and related market-analysis
publications.
Radio-frequency identification (RFID) was seen as a prerequisite for
the IoT at that point. If all objects and people in daily life were equipped
with identifiers, computers could manage and inventory them.
Besides using RFID, the tagging of things may be achieved through
such technologies as near field communication, barcodes, QR codes,
bluetooth, and digital watermarking.

4. Various Names, One Concept
• M2M (Machine to Machine)
• “Internet of Everything” (Cisco Systems)
• “World Size Web” (Bruce Schneier)
• “Skynet” (Terminator movie)

5. Where is IoT?
• It’s everywhere!
Wearable Tech Smart Appliances
Scanomat Topbrewer

6. Cont..
Health Care August Smart Lock
Canary Smart Security
System

7. Applications of IoT
• Building & Home Automation
• Medical & Health-care systems
• Environmental Monitoring
• Energy Management
• Infrastructure Management
• Transporation
• Manufacturing
You name it, and IoT will have it!

8. The IoT Market
• As of 2013, 9.1 billion IoT units
were connected.
• Expected to grow to 30.73 billion
IoT devices by 2020.
• Revenue growth from $1.9
trillion in 2013 to $7.1 trillion in
2020.

9. Current Status & Future Prospect of IoT

10. Cont…
“ The Sky’s not the limit. It’s only the beginning with IoT. ”

11. Problems in IoT & their solutions
• Security & Data Governance :-
Problem: Companies are concerned, for
good reason, that when they connect their
physical environment to the cloud or data centers,
it becomes at risk of being accessible to the
outside world.
Solution: A way to face this challenge is to
review and strengthen your current IT security
infrastructure. Then, carefully select your new
hardware and software partners by
understanding their security profile. Security
should be a number one priority when
implementing an IoT platform.

12. Cont…
• Lack of data protocol standards :-
Problem: An ongoing struggle some companies endure is having a
consistent global protocol for all of this extra data that is being collected.
Solution: An IoT business model typically has three, distinct facets:
launch, manage and monetize.
• IT and business partnership :-
Problem: This partnership is not always a natural relationship, so in
turn comes challenges.
Solution: Start by working with smaller integrated projects that
revolve around analytics & security, & then work your way up to the larger
projects.

13. Cont…
• Confusion on where to get value (ROI) :-
Problem: Last but not least, where do you find value with IoT? By
implementing all of these changes, where can I expect to see a ROI?
Solution: You need analytics that relate to your deployed devices,
network usage, rate plans, and resulting costs. This would give your
company detailed insight into how devices area using network resources
and what it is costing you. Based on your cost, offer more service packages
that can lead to higher profits without requiring additional resources

14. Threat vs. Opportunity
• If misunderstood and misconfigured, IoT poses risk to our data, privacy,
and safety
• If understood and secured, IoT will enhance communications, lifestyle,
and delivery of services
“ Every good thing comes at a price. ”

15. Future: IoT becomes BIoT
First off, let’s lay out a couple of quick and basic definitions:
• IoT :- the interconnection via the Internet of computing devices
embedded in everyday objects, enabling them to send and receive data.
• Blockchain :- an encrypted, distributed computer filling system designed
to allow the creation of tamper-proof, real-time records.
Combining IoT with blockchain give rise to Blockchain for the Internet of
Things (BIoT) & it ushers in a whole host of new services & businesses.

16. Cont…

17. “
”
When we talk about the Internet of Things, it’s not just
putting RFID tags on some dumb thing so we smart people
know where that dumb thing is. It’s about embedding
intelligence so things become smarter and do more than
they were proposed to do.
By - Nicholas Negroponte
Quote Of The Day

18. Thank you!
And have a nice IoT Day!