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Clouds &
castles
Thoughts on the economic conditions for
the development of the internet of things.
About
Product / Interaction design
Worked in web services
Worked for web startups
Co-founded Tinker London

Run an iot consultancy
Founder of product startup
Good Night Lamp

@iotwatch
Internet of
things?
Letting the internet & technology
change our relationship to the physical
world through complex interactions.
PRE-2007
r&D budgets available
                        Platforms




Consumer                   Market
Products
POST-2007
Digitalised solutions
                        Platforms




             Consumer
             Products


                           Market
Twitter
iPhone
Arduino
CATaLog
Botanicalls
Kickbee
Baker Tweet
Nokia + Arduino
“Coming soon”
Now
A focus on platforms
                       Platforms




          Consumer
          Products



                               Market
PLATFORMS
Web platforms
Mobile platforms
Hardware platforms
Now
A slow return to products
                            Platforms




           Consumer
           Products



                                    Market
Good Night Lamp
Consumer products
                & start-ups



                                                    Hopefully more
                                                    exciting products
                               Changes
Understanding                  In the market
the idea


                                               Corporate &telco
                                               interest




 2000                  2007                     2012
The impact on product
development
The traditional model of r&d
We should           Let me ask             Let’s have
make                the design             a meeting
Ax1
               >>   department
                                      >>


Ok send the         Hmm, that’s            Let’s have
specs to the        not really what        a meeting
engineering
               >>   we asked for
                                      >>   & establish
department.                                requirements



Let’s email         Let’s get this     That just cost
them a         >>   prototyped with >> €25K
document            the CNC machine
Productdevelopment
now.
I want                                 I spend
                   Look at
to make
Ax1
              >>   Google         >>   £12 at
                                       Shapeways




I make a           I post it on        I link to
prototype     >>   my blog        >>   it on Twitter




I put it on        I get 300K           Now
Kickstarter   >>   from 300       >>
                   people               what?
New ways of making &
designing
Fab Labs, RepRap&Makerbots are more ubiquitous
Less thank 1K is still expensive & difficult
Prototype to pre-production is still the domain of the elite.
New product designers are needed to bridge the gap.
Electronics engineering will become a fashionable freelance role.
New ways of making
money.

Crowd funding is a great way to prove a market
But will angels and VCs follow?
We have to believe in niche products again.
We have to move beyond the geek communities.
Lets build castles in
the clouds!
Paying attention to users
Moving beyond screens
Being bold & crazy
Creating appetite on the market
Create a case for investors
Economic conditions and opportunities for developing IoT products

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Economic conditions and opportunities for developing IoT products

  • 1. Clouds & castles Thoughts on the economic conditions for the development of the internet of things.
  • 2. About Product / Interaction design Worked in web services Worked for web startups Co-founded Tinker London Run an iot consultancy Founder of product startup Good Night Lamp @iotwatch
  • 3. Internet of things? Letting the internet & technology change our relationship to the physical world through complex interactions.
  • 4. PRE-2007 r&D budgets available Platforms Consumer Market Products
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  • 15. POST-2007 Digitalised solutions Platforms Consumer Products Market
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  • 51. Now A slow return to products Platforms Consumer Products Market
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  • 69. Consumer products & start-ups Hopefully more exciting products Changes Understanding In the market the idea Corporate &telco interest 2000 2007 2012
  • 70. The impact on product development The traditional model of r&d
  • 71. We should Let me ask Let’s have make the design a meeting Ax1 >> department >> Ok send the Hmm, that’s Let’s have specs to the not really what a meeting engineering >> we asked for >> & establish department. requirements Let’s email Let’s get this That just cost them a >> prototyped with >> €25K document the CNC machine
  • 73. I want I spend Look at to make Ax1 >> Google >> £12 at Shapeways I make a I post it on I link to prototype >> my blog >> it on Twitter I put it on I get 300K Now Kickstarter >> from 300 >> people what?
  • 74. New ways of making & designing Fab Labs, RepRap&Makerbots are more ubiquitous Less thank 1K is still expensive & difficult Prototype to pre-production is still the domain of the elite. New product designers are needed to bridge the gap. Electronics engineering will become a fashionable freelance role.
  • 75. New ways of making money. Crowd funding is a great way to prove a market But will angels and VCs follow? We have to believe in niche products again. We have to move beyond the geek communities.
  • 76. Lets build castles in the clouds! Paying attention to users Moving beyond screens Being bold & crazy Creating appetite on the market Create a case for investors