The Future of the Internet of Things

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description

Why is everyone buzzing about Internet of Things? What changes have we seen take place in technology that have made it possible for us to live in a world where we are all connected? Dialexa, an innovation and technology product develop company explains where the future of internet of things is headed.

Transcript of The Future of the Internet of Things

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The Future of Internet of Things

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DIALEXA

Our first project was in IoT. We build technology products. We are in the business of innovation. We have the best team in the world. We have the best clients in the world.

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What is IoT & Why Now?

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What is IoT?

• The term IoT was first mentioned by Kevin Ashton, cofounder of Auto-ID,  in a presentation to P&G in 1999.  !!

“Today computers -- and, therefore, the Internet -- are almost wholly dependent on human beings for information. Nearly all of the roughly 50 petabytes (a petabyte is 1,024terabytes) of data available on the Internet were first captured and created by human beings by typing, pressing a record button, taking a digital picture or scanning a bar code.   The problem is, people have limited time, attention and accuracy -- all of which means they are not very good at capturing data about things in the real world. If we had computers that knew everything there was to know about things -- using data they gathered without any help from us -- we would be able to track and count everything and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling and whether they were

fresh or past their best.”

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What is IoT?

IoT is all about connecting the physical world to the virtual world. In other words, interacting with the physical world using technology.

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Where is it applied?

• Home

• Business

• Quantified self

• Cars

• Transportation

• Aviation

• Hospitals

• Agriculture

• Defense

• Government

• Any place you need to connect the physical world to the virtual world

!The possibilities are limitless!

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Why now? The Evolution of IoT

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Laying The Foundation (2000-2007)

• Wireless Sensor Networks

• ZigBee

• Bluetooth

• WiFi

• Telecom (2G, 3G, LTE)

• Mobile Phones (Nokia, Blackberry, Motorola) got smarter and can access the internet (WAP, WML)

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The Smart Phone Revolution (2007-2011)

• 2008

• The FCC Approved the use of the ‘white space’ spectrum

• The IoT was born according to Cisco IBSG

• U.S. National Intelligence Council listed the Internet of Things as one of the 6 "Disruptive Civil Technologies" with potential impacts on US interests out to 2025.

• 2010: Number of devices per person grows to 1.84

• 2011

• IPv6 public launch allowing 3.4x10^28 compared to 4.3 billion allowed by the existing IPv4 protocol

• Gartner adds IoT to the Hype Circle reports

• Consumerization and mass adoption of smart phones (Android, iOS, Windows Phone)

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The Calm before The Storm (2011 -2013)

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Current Status

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Current Trends

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MARKET

$19 Trillion… yes, Trillion

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DIALEXA GOOGLE

CISCO APPLE ETC.

IoT PLAYERS

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INDUSTRIES

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Ways to Play?

Vertical Participation Horizontal Participation Infrastructure/Plumbing

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SUCCESSES

$3.2 Billion

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SUCCESSES

$650mm (NASDAQ:CTRL)

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Funding

Top 5 Most Active Investors in IoT !1. Intel Capital 2. True Ventures 3.Qualcomm Ventures 4.Cisco Investments 5.Kleiner Perkins Caufield & Byers !Nearly $1Billion invested in 2013

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Building an IoT Product

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IoT System Architecture

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Typical Team Composition

• Electrical engineers

• Embedded developers

• RF engineers

• Mechanical/Biomechanical engineers

• Industrial designers

• UI/UX designers

• Lab managers

• Software developers (web, mobile, front end, etc.)

• Hardware & software testers

• Production managers

• Product manager

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Challenges

• Cost

• Battery Life

• Internet Connectivity

• Form/User Experience

• Security and Privacy

• Lack of Standards

• Simplification

• Finding human capital with relevant experience

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Process & Tools

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References

• http://www.libelium.com/libelium-smart-world-infographic-smart-cities-internet-of-things/

• http://www.mckinsey.com/insights/high_tech_telecoms_internet/the_internet_of_things

• http://share.cisco.com/internet-of-things.html

• http://postscapes.com/internet-of-things-history

• http://www.livescience.com/38562-internet-of-things.html

• http://www.businessinsider.com/growth-in-the-internet-of-things-2013-10#ixzz2ldpaGECU