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Internet of Things: Understanding the Business Impact
- 1. Impact of the Internet of Things (IoT) Dipesh Mukerji, Kony Inc.
- 2. “Internet of Things” “(IoT) refers to idea to connect the physical to the digital via embedded technology. To receive data from all kind of smart objects and have them communicate and interact with one another in order to simplify and facilitate human life, improve business processes, reduce costs and risks and raise efficiency.“
- 3. Security Home Office Maps Auto Weather Safety Compliance Social Media Food Shopping Mail Search News Anyone Entertainment Corporate The Internet of things…
- 4. Based on PopulaFon Based on Industry
- 5. How Does It Work
- 6. Enabling Technologies RFID To idenFfy and track the data of things. Sensors To collect and process the data to detect the changes in the physical status of things. Smart Tech To enhance the power of the network by devolving processing capabiliFes to different part of the network. Nano Tech To make the smaller and smaller things have the ability to connect and interact. Enabling Technologies
- 7. ApplicaFons
- 8. When entering the doors, scanners will idenFfy the tags on clothing. When shopping in the market, the goods will introduce themselves (iBeacon). When moving the goods, the reader will tell the staff to put a new one. When paying for the goods, the microchip of the credit card will communicate with checkout reader. Scenario
- 9. Across Industries Industry / ApplicaFon area Case descripFon Products / services / benefits offered Technology needed Manufacturing IoT-‐adapted manufacturing processes CustomizaFon of products during the producFon process. SituaFon-‐aware smart machines and robots Health Health related products and services Medical experFse Sensors, IoT communicaFon infrastructure Health guidance service Monitoring of key parameters; analyzes by medical experts. Sensors Home Home owner’s digital service Monitor and manage faciliFes. Plug-‐and-‐play devices, installaFon package, open and user-‐friendly applicaFons Saving energy Measuring temperature, and thus decreasing energy consumpFon Sensors Traffic Traffic data marketplace Real-‐Fme traffic, environment, weather, road condiFon, incident, etc. related data Databank, sensors Shopping Electronic shopping assistant Key informaFon about a product which a customer points to in a shop, for example price per unit, producFon/expiraFon date, ingredients, calories, country of origin, etc. Electronic shopping assistant device, RFID Food Food security tracking system Tracing of food products from original material providers to consumers Sensors, RFID Real Estate Real-‐Fme waste monitoring Reducing the costs of waste collecFon. Sensors
- 10. Decision Making =BeZer Decisions ü More intelligent ü Faster Processing Power / AnalyFcs Amount of Data +
- 11. Legal & Regulatory Technical Control Social Ethic Market Self-‐regulaFon SoluFons: 1. Management 2. Security IoT Challenges:
- 12. Challenges & Benefits Challenges • People / Society • Security / Privacy • Governance • Standards / Policies • Resource Efficiency • Tech Architecture / Infrastructure • Cost • PolluFon / Disaster avoidance • Managing innovaFon • Efficiency / Speed • Energy / Power ConsumpFon • Data volume & analyFcs Benefits • BeZer & faster InformaFon • Improved educaFon • RegulaFon / LegislaFon • Quality of life • Increased awareness • Higher producFon / volume • Broader experiences • BeZer decision making • Resource opFmizaFon • Proficiency • Remove human error • More services
- 14. Points of Engagement EvoluFon TIME Single Channel Mul4-‐Channel Cross-‐Channel Omni-‐Channel
- 15. Development Teams Channels Most companies approach this complexity tactically Tablets Mobile Desktop Kiosk NEW App X 1.0 NEW App X 1.0 NEW App X 1.0 NEW App X 1.0 Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble Security Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble synchroniza4on Features Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble New OS upgrades Security Patches Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble New OS upgrades New UIs Compatability Mul4ple Codebases Same Features Mul4ple Channels + + = Time & $$
- 16. Development Teams Channels The multi-channel approach reduces the complexity Tablets Mobile Desktop Kiosk NEW App X 1.0 NEW App X 1.0 NEW App X 1.0 NEW App X 1.0 Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble Security Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble synchroniza4on Features Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble New OS upgrades Security Patches Scanner stdIn = new Scanner(System.in double speed; // User entered valuedouble tailGaFngDistance; // user entered valudouble stoppingDistance;System.out.print("Enter your speed (mph): ");speed = stdIn.nextDouble(); System.out.print("Enter your tailgate distance: ");tailGaFngDistance = stdIn.nextDouble();stoppingDistance = speed * (2.25 + speed/21); // number stoppingDistanc e ;speed = stdIn.nextDouble New OS upgrades New UIs Compatability Mul4ple Codebases Same Features Mul4ple Channels + + = Time & $$ NEW App X 1.0
- 17. Cost of a MulF-‐Channel Strategy InnovaFon Bump Break even line IniFal Investment
- 18. Will the market keep up with the IoT? • Consumer consumpFon will drive enterprise adopFon of new channels • Security/Accessibility capabiliFes will be at a premium in determining enterprise adopFon • Easy and fast development plaiorms, tools and communiFes will drive growth • Must work off the cloud • Must seamlessly integrate with exisFng products • Must have the best yet different user experience • Needs to be energy efficient
- 19. MulF-‐Channel Strategy – What To Consider • How large is your user base? • What do your users want? • What devices are your users on? • What are your operaFonal and maintenance cost requirements? • What UX and/or UI experience do your users require? • Are you looking to be in the app store? • How do your users access and consume content? • Does your business need to evolve as fast as technology?
- 20. 20 M2M