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