This document provides an overview of IoT (Internet of Things) and related topics from the perspective of Paul Young, a CPA and SME in various fields including technology, business strategy, and risk management. The document discusses what IoT is, security issues, factors impacting IoT adoption in Canada, partnerships and spending trends. Key points include that IoT connects devices to exchange data, security protocols are important to protect devices, Canada may be falling behind in IoT, and global IoT spending is expected to reach $1.4 trillion by 2021.

1. IoT – Internet of Things –
August - 2017
PAUL YOUNG CPA, CGA
AUGUST 16, 2017

2. Paul Young - Bio
• CPA, CGA (1996)
• Financial Solutions (FOPM/FPM)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Advance Technology and Market
Entry
• SME – Supply Chain Management
• SME – Business Strategy and
Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
• What is IoT (Internet of Things)
• Is Canada falling behind IoT
• Security
• Issues facing IoT
• ISP Speed Canada
• Business Climate / Canada
• Groups / Partnerships
• Security

4. What is IoT (Internet of Things)
• The Internet of Things (IoT) is a system of interrelated computing devices,
mechanical and digital machines, objects, animals or people that are provided
with unique identifiers and the ability to transfer data over a network without
requiring human-to-human or human-to-computer interaction.
• A thing, in the Internet of Things, can be a person with a heart monitor implant,
a farm animal with a biochip transponder, an automobile that has built-
in sensors to alert the driver when tire pressure is low -- or any other natural or
man-made object that can be assigned an IP address and provided with the
ability to transfer data over a network.

5. Security / IOT
• Now companies including ARM, Intercede, Solacia, and Symantec have developed the Open Trust Protocol (OTrP), designed to provide
secure architecture and code management to protect connected devices. The architecture uses technologies deployed in banking and for
handling sensitive data on smartphones and tablets.
• "In an internet-connected world, it is imperative to establish trust between all devices and service providers," said Marc Canel, vice
president of security systems, ARM. "Operators need to trust devices their systems interact with and OTrP achieves this in a simple way.
It brings e-commerce trust architectures together with a high-level protocol that can be easily integrated with any existing platform."
• OTrP is a high-level management protocol that works with security products, such as ARM's TrustZone-based Trusted Execution
Environments, which are designed to protect mobile computing devices from malicious attack. OTrP can be used with public key
infrastructure-based systems to allow service providers, app developers, and hardware maker to use their own keys to authenticate and
manage trusted software and assets. The group said OTrP can be easily added to existing Trusted Execution Environments or to
microcontroller-based platforms capable of RSA cryptography.
• At its heart, OTrP is a management protocol designed to work with security software in order to protected Internet of Things and mobile
devices from malicious attacks. OTrP is available to download from Internet Engineering Task Force for those who want to test and
prototype it in their security environment.
• The group of companies hope that the protocol paves the way for an open standard to enable to management of trusted software without
the need for a centralised database - much like established method of security architecture in e-commerce.
• With new technologies come increased security risks," said Brian Witten, Senior Director, Internet of Things Security, Symantec. "The
Internet of Things and smart mobile technologies are moving into a range of diverse applications and it is important to create an open
protocol to ease and accelerate adoption of hardware-backed security that is designed to protect on board encryption-keys."
• The full group of companies who've worked together on OTrP consists of Intercede, Solacia, Symantec, Beanpod, Sequitur Labs, Sprint,
Thundersoft, Trustkernel, Verimatrix and ARM.

6. Globe and Mail Article
• Is-canada-falling-behind-in-iot-technology

7. What Drives IoT
• IP Addresses (Securing)
• Bandwidth
• Latency
• Network tools
• VPN
• Routers
• WAN/LAN (Internet Providers)
• Storage of Data
• Interpretation of data
• Structure/Unstructured Data

8. Canada ISP/Speed

9. Canadian Business
Source:
http://www.canadianbusiness
.com/innovation/how-
companies-are-putting-the-
internet-of-things-to-work-
today/

10. Alliances/Partnerships
Government Policies
• R&D Tax Credits
• Innovation Centers
(University/Colleges/Business
Government
• Improving Broadband Networks
• No changes to Stock Options

11. Benefits to Manufacturing
Source - http://www.industryweek.com/iiot/study-finds-manufacturers-are-profiting-iot?NL=IW-
07&sfvc4enews=42&cl=article_2&utm_rid=CPG03000001519274&utm_campaign=19747&utm_medi
um=email&elq2=1f4d50d2c8ed449e82c654e42d50f400
But the shocker is this: just two years after nearly half of manufacturers
hadn’t even heard of the IoT, a majority are now making money off the
IoT:
• 72% report increased productivity, and 69% report increased
profitability, from application of the IoT to plants and processes
• 65% report increased profitability from sales of IoT-enabled products
(e.g., embedded intelligence)
Source – Industrial Week – June 7, 2017

12. IoT spending could top $800B for 2017
Source - http://www.zdnet.com/article/iot-spending-to-surpass-800-billion-in-2017-
led-by-hardware-idc/
Research firm IDC has released updated spending estimates for the Internet of
Things. Overall, IDC expects IoT spending to grow 16.7 percent year-over-year
in 2017, reaching just over $800 billion
By 2021, global IoT spending is expected to total nearly $1.4 trillion, led by
enterprise investments IoT hardware, software, services, and connectivity.
Breaking down use cases, IDC says manufacturing, freight monitoring and
production asset management will attract the largest investments. Smart grid
technologies for electricity, gas, and water, and smart building technologies
are also expected to see significant investment gains this year.

13. IBM and IoT
Source - https://www.ibm.com/internet-of-things/

14. Security / IOT
Source - http://www.ioti.com/security/us-congress-proposed-iot-security-requirements-balancing-act