Nigel will talk about some of the real world business model innovation that the IoT enables.
Stream Technologies and its IoT-X platform is building a ‘Unified Access Connectivity Environment‘ for IoT and as such is well-placed to disrupt traditional IoT business models as connectivity extends beyond cellular to satellite, Low Power Radio and WiFi.
Value Proposition canvas- Customer needs and pains
Stream iot-x iot forum 2015
1. The IoT Forum 2015
March 11th – 12th 2015
Simplifying the Complexwww.stream-technologies.com
Emerging Business Models for IoT
2. IoT: The Fast Changing Landscape
- Sensors
- Processors
- Networking
Prices
IPv6 / Fog / Wi-Fi / LPRN
IoT Industrial Internet Internet of Everything
2005-10 2010-18 2020
3. IoE Growth Forecasts
16bn (2014) 41bn (2020)
75% = Sensor nodes & Accessories
By 2019 2/3 Consumers buying connected
technology for homes
43% Smart thermostats by 2019
+$10-15 trillion Global GDP (Ind.Internet) by
2035
4. Business Models for IoE – Paradigm Shift?
Value Creation Value Capture
Unstructured Structured
Immature Mature
Discrete Supply Ecosystem Based
Models
6. Towards Value Capture
Accelerated Market Growth & ‘Shaping’
Inefficiency Reduction & Eradication
Long Term Customer Satisfaction & Loyalty
Organisational Capacity & Velocity
Product / Service Evolution
7. Emerging New Technology Stack
Product Cloud
Connectivity - Monetisation (Billing) - Ecosystem Enabler
Product
Software
Hardware
Smart Product Application
Rules / Analytics / Predictive Engine
Application Platform
Database / Big Data
Data Exchange Platform
OBSS
OSS
External
Data
Feeds
8. IoT-X : Global Wireless Connectivity
Store & Forward Satellite
Connectivity
TCP/IP Based Satellite
Connectivity
Local 2G, 3G & 4G
LTE
Unsteered 2G & 3G
Roaming
Low Power Radio
Networking
TM
9. IoT-X : Global Wireless Connectivity
Store & Forward Satellite
Connectivity
TCP/IP Based Satellite
Connectivity
Local 2G, 3G & 4G
LTE
Unsteered 2G & 3G
Roaming
Low Power Radio
Networking
TM
10. IoT-X : Unified Access Connectivity Environment (U-ACE )
Abstract & Agnostic Towards
Network, Device & Data Types
Api Based ‘Light’ Integration
Real Time Viewable Data
Scalable, Resilient & Secure
Monitor, Manage & Monetise All
Endpoint Devices
LPRN Wi-Fi Satellite GSM
Communication Types
TM TM
11. IoT-X : Management Platform
IoT-X Enabling Internet of Things Connectivity
U-ACE Unified Access Connectivity Environment
ThingWorx, ARM mbed, LoRa, wot.io Ready
TM
TM
TM