by Donald H. Sebastian, Ph.D. President & CEO New Jersey Innovation Institute an NJIT Corporation

1. Donald H. Sebastian, Ph.D.
President & CEO
Information is the New Electricity

2. IoT the Next Dot Com Bubble?

3. “It's tough to make
predictions, especially
about the future.”
― Yogi Berra

5. Electric Lighting Evolution
1800 1850 19001825 1875
1820 – W. De La Rue
Platinum Filament
1802 – H. Davy
Arc Lamp
1878 – J. Swan
Incandescent
1874 – Woodward &
Evans Incandescent
1878 – T. Edison
Incandescent
1903 – GE
Tungsten
Filament
1847 – T.
Edison born
1841 – F. de Moleyns
Incandescent

8. Electric Power-based Innovation
1880 1900 19201890 1910

9. Computing Device Evolution
1920 19701945 1995
1937 Bell Labs
1st Binary
Counter
1946 – ENIAC
1st Digital Computer
1952 IBM 701
1st Commercial
Computer
1992 Apple
Newton
1965 DEC PDP-8
1st Minicomputer
1977 Commodore
1st Personal Computer
2007
Apple
iPhone
1999
Blackberry
1976 Cray-1
Supercomputer
2011 IBM
Watson
1981 Osborne
Portable
2020

10. Perfect Storm of Enabling Tech
Miniaturization:
Intelligent Devices
Wireless Technology:
Gigabit Communications
Cloud Computing:
Data Analytics
Internet
of
Things

11. Explosion of Connectivity

12. View video at
https://drive.google.com/file/d/0B_czWQXGrXJgbUV2MzFuclR0ekE/view

14. Home Automation

15. Transportation

16. Healthcare

17. Manufacturing

18. Utilities

19. Where the Jobs Are
Traditional Markets
New Hybrid Markets
Product managers, software
developers, hardware designers, data
scientists, user experience designers
and sales managers.
Designers of medical robots,
personifiedmedical device
consultants, grid modernization
managers, intermodal transportation
network engineers
Jobs requiring software
development,data analytics and
quantitative skills to support IoT
enabled products and services
Low-skill and repetitive jobs will be
replaced by technology. Professions
spared include jobs in which
creativity,intuitiveness and empathy
play a large part.
New JobsTraditional Jobs

20. by 2020,more than a third of the desired core skill sets of most occupations will be comprised of
skills that are not yet considered crucial to the job today.The Future of Jobs - Employment, Skills
and Workforce Strategy for the Fourth Industrial Revolution, World Economic Forum

22. Smart City Test Bed
Newark as a Living Lab
City Owned Dark Fiber / Downtown WiMax
Vendor Neutral / Multi-Platform
Incubators & Accelerators
Growing List of Partners
Panasonic, Lutron, nWave, Juniper,
City of Newark, WattLots,
Princeton Partners,
Newark Downtown
Development Corp.

23. Edison’s 1st R&D Lab - Newark

24. Manufacturing
Communications
Transportation
Consumer Goods
After Internet of Things

25. Manufacturing
Communications
Transportation
Consumer Goods
Before Electric Power

26. After Electric Power
Manufacturing
Transportation
Communications
Consumer Goods

27. Smart City Test Bed
Newark as a Living Lab
Vendor Neutral / Multi-Platform
Open systems
Evolve to Standards for Interoperability

28. Traffic Management
Smart parking
Intermodal Routing
Mass Transit Scheduling
Automated Payment
E-Commerce
E-Health
Smart utilities – home control systems