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Sensors, Wearables and the Internet of Things: A...
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Sensors, Wearables and the Internet of Things:
A Revolution in the Making
@mattturck
April 22, 2014
Philly Emerging Technologies for the
Enterprise
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Matt TurckTwitter: @mattturck
Blog: http://mattturck.com
Making Sense Of The Internet Of ThingsPosted May 25, 2013
The Battle For The Connected Home Is Heating UpPosted Nov 23, 2013
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Our physical world is changing.
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All sorts of devices are appearing.
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A sci-fi movie?
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And it’s only accelerating.
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At first, a lot of it felt like toys and science projects.
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First validation point: The $3.2 billion thermostat
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Hype"Biggest Business in the History of Electronics“ (Fairchild)
“$19 trillion market” (Cisco)
“$8.9 trillion market in 2020, 212 billion connected things” (IDC)
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Internet 1.0: Connecting computers to the network
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Internet 2.0: Connecting People to the Network
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Internet 3.0: Connecting everything else
to the network
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Internet of ThingsInternet of EverythingConnected DevicesIndustrial Internet
Machine to Machine (M2M)
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Not just things.
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Not just the Internet.
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Not just “gadgets”
Manufacturing floorsEnergy grids
Healthcare facilitiesTransportation systems
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All things become data.
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Everything becomes quantifiable(One way interaction)
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Everything becomes programmable(Two way interaction)
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Everything becomes social(Network Interaction)
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All industries are impacted.
Consumer goods
Consumer services
Banking/Insurance
Manufacturing
Healthcare
Industrials
Energy
Manufacturing
Technology
Transportation
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Every company becomes a software (and information) company.
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Mobile phone ubiquity.
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Enabling Technologies.
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Open Hardware.
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Crowdfunding.
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3D Printing for Prototyping.
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Pro
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Platforms & Enablement (Horizontals)
Quantified Self
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INTERNET OF THINGS LANDSCAPE VERSION 2.0
© Matt Turck (@mattturck), Sutian Dong (@sutiandong) & FirstMark Capital (@firstmarkcap)
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Not just startups.
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Home Automation.
Verticals Horizontals
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Wearables.
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Industrial Internet.
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Developer Ecosystem.
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Security – Huge!
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Infrastructure.
The “Internet of my living room” or a true global network?
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What happens next?
The good: More excitement, more startups, more funding, more exits
The bad: funded products that never make it to market (hardware is hard), hacking incidents, privacy disasters
Eventually: Lots of value creation, consolidation
In 10 years: ubiquity and invisibility
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Exciting area for entrepreneurs.
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