Back To The Future – IoT & Smart Systems Evolution Challenges

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Connections Time Compound Hybrid Network Standards System & Application Integration Platforms Vendor Ecosystems & New Services Models Complex Information Architecture Open Data Sharing & Fusion Shared Services Brokering Simple Connectivity Enablement for Device Mgmt Complex Applications Applications that drive interactions between and among devices, device sub-systems and people and can also allow extending/expanding values from third party collaboration. Intelligent Transportation Systems Integrated Health Delivery Systems Integrated Residential/Consumer Smart City Systems Consumer/Sensor Integration Required Evolution of the Internet of Things Tremendous amounts of value will be captured and created as Smart Systems technology development advances from “simple” remote services applications and related tracking/location services to collaboration between devices, people and systems. However, in order to realize the full potential from the Internet of Things, players must abandon persisting strategies and embrace new business models that enable and leverage increased amounts of collaboration and alignment. Simple Applications Applications tend to be remote support-driven applications that involve monitoring/upgrades of installed base of machines in the field – such as vending machines, ATMs, etc. Monitoring / Telemetry Product Upgrades & Diagnostics Add-on Networking Vending POS, ATM Field Force Compound Applications Applications that involve multiple collaborating [peer-to-peer] devices or significant interactions between and among devices, systems and people. Managing Alarms & Emergency Services Smart Grid Integration Maintenance Support & Collaboration Smart Grid / Demand Management Process Automation Human/ Sensor Collaboration Millions Billions Trillions Reference Architecture, Standards & Relationships Are Required For Robust Market Growth Harbor Research © 2012 Harbor Research, Inc. All rights reserved

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From reference architecture to new business models - 7 obstacles we must overcome to realize the full potential of the IoT http://goo.gl/QYdsV Tremendous amounts of value will be captured and created as Smart Systems technology development advances from “simple” remote services applications and related tracking/location services to collaboration between devices, people and systems. However, in order to realize the full potential from the Internet of Things, players must abandon persisting strategies and embrace new business models that enable and leverage increased amounts of collaboration and alignment.

Transcript of Back To The Future – IoT & Smart Systems Evolution Challenges

Page 1: Back To The Future – IoT & Smart Systems Evolution Challenges

Connections

Time

Compound

•  Hybrid Network Standards •  System & Application •  Integration Platforms •  Vendor Ecosystems & •  New Services Models

Complex

•  Information Architecture •  Open Data Sharing & Fusion •  Shared Services Brokering

Simple

•  Connectivity •  Enablement for •  Device Mgmt

Complex Applications! Applications that drive interactions between and among devices, device sub-systems and people and can also allow extending/expanding values from third party collaboration. •  Intelligent Transportation Systems •  Integrated Health Delivery Systems •  Integrated Residential/Consumer

Smart City Systems

Consumer/Sensor Integration

Required Evolution of the Internet of Things Tremendous amounts of value will be captured and created as Smart Systems technology development advances from “simple” remote services applications and related tracking/location services to collaboration between devices, people and systems. However, in order to realize the full potential from the Internet of Things, players must abandon persisting strategies and embrace new business models that enable and leverage increased amounts of collaboration and alignment.

Simple Applications! Applications tend to be remote support-driven applications that involve monitoring/upgrades of installed base of machines in the field – such as vending machines, ATMs, etc. •  Monitoring / Telemetry •  Product Upgrades & Diagnostics •  Add-on Networking

Vending POS, ATM

Field Force

Compound Applications! Applications that involve multiple collaborating [peer-to-peer] devices or significant interactions between and among devices, systems and people. •  Managing Alarms & Emergency Services •  Smart Grid Integration •  Maintenance Support & Collaboration

Smart Grid / Demand

Management

Process Automation

Human/ Sensor

Collaboration

Millions

Billions

Trillions Reference Architecture, Standards & Relationships Are Required For Robust Market Growth

Harbor Research © 2012 Harbor Research, Inc. All rights reserved