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The Future of IOT
Author: Pradeep M
Technology Entrepreneur
Email: chindu_m@yahoo.com
Is IOT Just an Hype?
• Small and mostly end consumer applications
• Low processing capabilities -> less complex
system -> Quick and Easy deployment
• It is an hype however, what it has necessarily
done is exploited the low processing
capabilities to good use in the market place
IOT types
• B2C
– Lifestyle devices
– SmartWatches
– Home Automation
– Several small applications
• B2B
– Industrial Automation
• Conversion of legacy systems
– Aeronautics
– Shipping
– Automotive
IOT vs ICT
• Although companies focus on IOT they don’t
really call it IOT, instead ICT
• M2M and others are typical ICT application
What can be envisaged
• Too many products overlapping in offerings
• Several products deployed in quick succession
• Competition
• Leads to innovative marketing trends
• America, Europe and APAC will still make
world class products because of huge
consumer base
• Successful Indian products might not be many
The market is based on Ecosystem
• Ability to provide end to end solution is going
to be critical
• Margins can be envisaged with Ecosystem
based architecture
IOT subsystem
• Creation of IOT subsystem is crucial for
success
• Current IOT products are not well optimized
from the lowest processor design to the
applications software.
Short term focus for IOT Companies
• Do it right first time
– There is only ONE chance in the market
• Understand the market better, focus on
overseas market is a good idea
• Should hone the capability to build an IOT
product in 4 to 6 months given the minimal
complexity
Long term roadmap for IOT companies
• Creating a niche
• Serving targeted industry and segment
• Focus on product loving investors
IOT offerings
• Application development
• Embedded Systems software design
• Hardware design
• Deployment and Maintenance
• BPO/KPO
Conclusion
• There are tons of opportunity, it is a great
chance for startup companies to create a
niche in different areas of interest. The focus
could be pure Front End development,
Backend development &combination of both,
cloud architecture, Data Analytics including
BigData, embedded hardware & software and
combination of both. The best would be to
offer a complete solution to IOT OEMs
Thank you!
Q&A

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Future of IoT at IoTCOK

  • 1. The Future of IOT Author: Pradeep M Technology Entrepreneur Email: chindu_m@yahoo.com
  • 2. Is IOT Just an Hype? • Small and mostly end consumer applications • Low processing capabilities -> less complex system -> Quick and Easy deployment • It is an hype however, what it has necessarily done is exploited the low processing capabilities to good use in the market place
  • 3. IOT types • B2C – Lifestyle devices – SmartWatches – Home Automation – Several small applications • B2B – Industrial Automation • Conversion of legacy systems – Aeronautics – Shipping – Automotive
  • 4. IOT vs ICT • Although companies focus on IOT they don’t really call it IOT, instead ICT • M2M and others are typical ICT application
  • 5. What can be envisaged • Too many products overlapping in offerings • Several products deployed in quick succession • Competition • Leads to innovative marketing trends • America, Europe and APAC will still make world class products because of huge consumer base • Successful Indian products might not be many
  • 6. The market is based on Ecosystem • Ability to provide end to end solution is going to be critical • Margins can be envisaged with Ecosystem based architecture
  • 7. IOT subsystem • Creation of IOT subsystem is crucial for success • Current IOT products are not well optimized from the lowest processor design to the applications software.
  • 8. Short term focus for IOT Companies • Do it right first time – There is only ONE chance in the market • Understand the market better, focus on overseas market is a good idea • Should hone the capability to build an IOT product in 4 to 6 months given the minimal complexity
  • 9. Long term roadmap for IOT companies • Creating a niche • Serving targeted industry and segment • Focus on product loving investors
  • 10. IOT offerings • Application development • Embedded Systems software design • Hardware design • Deployment and Maintenance • BPO/KPO
  • 11. Conclusion • There are tons of opportunity, it is a great chance for startup companies to create a niche in different areas of interest. The focus could be pure Front End development, Backend development &combination of both, cloud architecture, Data Analytics including BigData, embedded hardware & software and combination of both. The best would be to offer a complete solution to IOT OEMs