The document discusses the rise of the Internet of Things (IoT) and its impact on businesses. It notes that the IoT allows for interconnected devices, machines, and sensors to generate and share real-time data across networks. This brings opportunities to improve productivity, access real-time enterprise data, create new business models and offer environmentally-friendly solutions. However, businesses must integrate IoT into their operations or risk being disrupted. The document concludes that the IoT is already enabling hyper-connected enterprises and businesses need to respond proactively if they want to become disruptors rather than be disrupted.
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Sss14cairns Prismtech
1. IoT - Disruptor or
Disrupted?
David
Cairns,
Chairman
and
Managing
Director
Smart Systems Summit 2014 London at the IoD
1-2 October 2014, London, UK
www.hvm-uk.com
2. ▶ So$ware
pla+orms,
tools
and
services
to
build
business-‐cri8cal
solu8ons
for
the
Industrial
Internet-‐of-‐Things
▶ Event-‐driven,
real-‐8me
systems
working
across
Cloud
services,
enterprise
applica8ons,
mobile
devices,
connected
machines,
sensor
networks
and
legacy
systems
▶ Global
1000
customers
in
many
ver8cal
markets
2
Who we are, what we do:
Enabling the Industrial Internet-of-Things
6. IIoT impact on Major Business
• Improving
Problems
Produc8vity
of
Current
Opera8ons
• Leveraging
the
poten8al
of
real-‐8me
data
access
across
the
extended
enterprise
• Crea8ng
New
Business
Opportuni8es
• From
standalone
devices
to
interconnected
systems
• From
interconnected
systems
to
value-‐add
data
• From
value-‐add
to
smart
business
intelligence
• Delivering
on
Environmentally-‐friendly
policies
• Reduce
waste
(e.g.
produc8on
efficiency)
• Reduce
energy
consump8on
(e.g.
Smart
Grid)
• Reduce
pollu8on
(e.g.
Smart
Ci8es)
6
7. 7 Why Now?
• An
explosion
of
connected
low-‐cost
devices
(e.g.
sensors)
• Increased
WAN
bandwidth
(e.g.
4G,
Wi-‐Fi)
• Advanced,
yet
proven,
connec8vity
so$ware
(e.g.
data-‐
sharing
pla+orms)
• Advanced
robo8cs
(e.g.
autonomous
vehicles)
• Rise
of
real-‐8me
analy8cs
(at
the
edge,
gateway,
or
Cloud)
7
8. Economic Benefits of the IoT
(Bank
of
America
Merrill
Lynch:
May
2014)
• Employee
produc8vity
increases
• Improved
Customer
Service
• Real-‐8me
data
and
immediate
response
• Posi8ve
environmental,
social
and
governmental
impact
8
9. Economic Benefits of Device Connectivity
Source:
General
Electric
2013
How
Much
Could
We
Save
With
Connected
Machines?
A
1%
improvement
in
efficiency
in
these
five
industries
could
add
up
to
$276
billion
over
15
years
9
10. A Business-Critical IoT System
Intelligent Data-Sharing to Support Distributed Intelligence
10
13. 13 Current State of the IoT
• 75%
of
companies
are
either
ac8vely
exploring
or
using
the
IoT
• Only
6%
of
business
leaders
believe
that
it
is
merely
hype
• In
three
years,
96%
of
surveyed
individuals
expect
their
business
to
be
using
IoT
in
some
respect
• 61%
of
the
leaders
recognize
that
they
need
to
integrate
IoT
into
their
businesses,
or
else
the
business
will
fall
behind
• Only
30%
of
organiza8ons
saw
double
digit
growth
in
IoT
investments
Source:
The
Economist
(Survey
4Q13)
13
14. Conclusions
• The
Industrial
IoT
– Essen8ally
an
outgrowth
from
LANs
to
WANs
to
exploit
the
Internet,
Cloud
and
Mobility
for
business
advantage
– It
is
real
and
it
is
happening
now
– Enabling
technologies
are
proven
–
the
extension
of
real-‐8me
distributed
systems
to
the
Internet
– ROI
has
been
validated
by
major
users
(e.g.
GE)
– Benefits
include:
cost
and
8me
savings,
new
business
models
and
eco-‐
friendliness
– Hyper-‐connected
extended
enterprises
will
become
the
‘new
normal’
– How
will
you
respond?
Pro-‐ac8ve
or
reac8ve?
Disrupted
or
Disrupter?
15. • If
Thank You!
we
can
help
you,
please
contact
us
directly
• info@prismtech.com
• www.prismtech.com
• Or
via
social
media
• www.twiier.com/prismtech
• www.linkedin.com/company/prismtech
• www.facebook.com/pages/PrismTech/140964365933471
15