IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models...

19
#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 1 #CONNSummit17 @CONN_Summit IoT and Smart Home: Changing Business Models JANUARY 5, 2017

Transcript of IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models...

Page 1: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 1

#CONNSummit17 @CONN_Summit

IoT and Smart Home:

Changing Business Models

JANUARY 5, 2017

Page 2: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 2#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 2

Tom KerberDirector, IoT Strategy

MODERATOR

@TomAKerber @ParksAssociates

Page 3: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 3

Smart Home Business Models

Direct Models

New Premium Product Sales

Differentiation in Product Portfolio (Higher Margin Mix)

Expanded Product Portfolio

Expand Sales Channels (Incremental Product Sales)

Direct Models with Partners

Co-marketing – Cross Sell

Bundling with Home Services

– Insurance

– Home Warranty

– HVAC Contracts

– Security

– Broadband, Video, Voice

Indirect Models

Complementary Product Sales

App Sales, Upgrade Revenue

Mobile Advertising Revenue

Selling Data

EE / DR Payments, Energy Market Participation

Insurance Discounts, Subsidies

Platform Connection or Transaction Charge

Grow Loyalty, Reduce Churn, Customer Acquisition Cost

Operational Efficiencies

Marketplace Models

Friction reduction in connecting buyers and sellers

Lower acquisition costs for sellers

Page 4: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 4

MODERATOR

Speakers

•Alex Dunn•President

•Vivint Smart Home

•@VivintHome

•Gene Han•Vice President- Consumer IoT, Head of SF

Innovation Office

•Target

•@Target

•Bill Lee•Vice President of Smart Home Product

Marketing

•Samsung Electronics America

•@SamsungNewsroom

•Kevin Meagher•SVP Business Development

•ROC-Connect

•@roc_connect

•Dan Reed•Managing Director

•American Family Ventures

•@DanielKReed

•Isaias Sudit•Founder

•TROVE

•@trovedata

•Tom Kerber•Director, IoT Strategy

•Parks Associates

•@TomAKerber

Page 5: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 5#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 5

Alex DunnPresident

Vivint Smart Home

SPEAKER

@VivintHome

Page 6: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing
Page 7: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 7#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 7

Gene HanVice President- Consumer IoT, Head of SF

Innovation Office

Target

SPEAKER

@Target

Page 8: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

GENE

HANVP, Consumer IoT

SF Innovation Office

#targetopenhouse

Page 9: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 9#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 9

Bill LeeVice President of Smart Home Product

Marketing

Samsung Electronics America

SPEAKER

@Speaker Twitter ID

Page 10: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing
Page 11: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 11#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 11

Kevin MeagherSVP Business Development

ROC-Connect

SPEAKER

@roc_connect

Page 12: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

IoT and Smart HomeKevin Meagher

The Insurance Industry

www.roc-connect.com

Changing Business Models

Page 13: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 13#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 13

Dan ReedManaging Director

American Family Ventures

SPEAKER

@DanielKReed

Page 14: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 14#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 14

Isaias SuditFounder

TROVE

SPEAKER

@trovedata

Page 15: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

A TROVE of Data in the Smart Home

A Lesson for the

Smart Home:

The Smart Meter

Predictive Data

Science is Key to:

TROVE Makes

Data Useful:

Predictive Data Science = Anticipating Customer Behavior.

TROVE is a predictive data science platform

designed to make data useful for businesses.

> Targeting customers

> Driving adoption

of new services

> Increasing customer loyalty,

reducing churn

> Cool technology

is not enough!

> More devices producing

more data doesn’t mean

better understanding…

without better analytics

> For utilities, ISPs and

smart home providers

> On premise or

in the cloud

> As an affordable

subscription service

1 2 3

Page 16: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 16

MODERATOR

Speakers

•Alex Dunn•President

•Vivint Smart Home

•@VivintHome

•Gene Han•Vice President- Consumer IoT, Head of SF

Innovation Office

•Target

•@Target

•Bill Lee•Vice President of Smart Home Product

Marketing

•Samsung Electronics America

•@SamsungNewsroom

•Kevin Meagher•SVP Business Development

•ROC-Connect

•@roc_connect

•Dan Reed•Managing Director

•American Family Ventures

•@DanielKReed

•Isaias Sudit•Founder

•TROVE

•@trovedata

•Tom Kerber•Director, IoT Strategy

•Parks Associates

•@TomAKerber

Page 17: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 17#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 17

Reception Sponsor

THURSDAY – JAN 5, 5:30 P.M.

Page 18: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 18

Sponsors

Reception Program Guide

Event

Page 19: IoT and Smart Home: Changing Business · PDF fileIoT and Smart Home: Changing Business Models ... IoT Strategy •Parks Associates ... •Vice President of Smart Home Product Marketing

#CONNSummit17 | @CONN_Summit | www.connectionssummit.com | 972.490.1113 | © PARKS ASSOCIATES 19

Supporters

Platinum