In this presentation, Nitika introduces IoT and associated trends. Her interest area lies in applications of IoT to asset sharing, collaborative/ MESH economy and internet of caring things.
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Internet of Things
1. Name: Nitika
E-mail: arnima0294@gmail.com
Twitter Id: @nitika_arnima
University: ABV-IIITM,Gwalior
Year/Semester: 8th Sem
Branch: Information technology
Internet of Things
The Internet of Everything….. The Internet of Nouns
2. IoT Introduction
O a computing concept that describes connectivity of
physical objects to the Internet.
O be able to identify themselves to other devices
O may include other sensor technologies, wireless
technologies or QR codes.
O world where just about anything can be connected
and communicate in an intelligent fashion
O with the Internet of Things, the physical world is
becoming one big information system.
3. IoT platform helps in getting products to market,
adapting to regulatory requirements, increasing
efficiency.
Connection of devices, machines, and things
allows to dynamically generate, analyze, &
communicate intelligence data, increase operational
efficiencies, and power new and greatly improved
business models.
Needs converging unrelated networks, scale to
meet increasing traffic demands, employ advanced
data analytics.
4. Internet of Caring things
O A network of connected objects brought to life by a clear
mission: to actively care for consumers – their physical
and mental wellbeing, homes, loved ones, and more.
O Consumers lavish love and attention on products, services and
experiences that unlock new ways to serve imperatives like -
Physical health,
Mental wellbeing,
Safety and security,
Connection to loved ones
innovations that have blazed an early CARING trail.
The Nest
smart thermostat*, NIKE fuelband and Fitbit, for example.
5. In 2005, there were 2.5 billion connected devices, most PCs, smart-
phones, tablets. By 2020, there will be over 30 billion connected devices,
most not PCs, smart-phones, tablets. (Gartner, November 2013)
100 'things' are coming online every second. (Cisco, July 2013)
Technologies converge - four forces are paving the way for the
explosion of the INTERNET OF THINGS
• Cheaper and more efficient wireless connectivity chips.
• Rising adoption of cloud storage
• Ultra-precise geo-location.
• The crowd-funding revolution
As consumer demand and technological capacity converge, the
INTERNET OF CARING THINGS will evolve in exciting new directions.
Internet of Healthy things
Internet of Mindful things
Internet of Safety things
Internet of Security things
Internet of Family things
Trends
6. Internet of Things- Trends watched in
2014
Big Data to get Bigger: These ‘things’ (sensors, chips, computers)
produced even more data than we have now, taxing our already complex
enterprise Information Management systems.
Clouds Required: Aggregating all this big data and acting on its
findings was best achieved by capturing, analyzing and responding from
the cloud.
IoT Analytics: Advanced analytics and dashboards provided insights
from all the ‘things’.
New Business Processes Required: IoT enabled new automated
sense and respond systems, disrupting traditional processes.
Education Needed: Increased demand for education and skills
training related to Sensor Networks, how to implement them and what to
do with the data collected.
7. Security & Privacy: These two issues were big components of
any IoT strategy and were considered for the devices, the
connections, and the cloud.
IPv6 Required: Transition from IPv4 continued in 2014.
Machine to Machine (M2M):Sensors and devices talked to each
other and data centres via wireless communications.
IOT Apps: New apps required to integrate sensor based data into
business applications
Industry Partnerships: Traditional IT vendors accelerated their
partnerships with global telecom service providers and
semiconductor vendors.
Product Design: Consumers and Customers increasingly
expected products to come with embedded sensors.
8. INSTANT SKILLS » All the gear, AND the idea.
FAST-LANING » The end of the line for waiting in line.
FAIR SPLITTING » Mobile wallets find their (shared) value.
INTERNET OF SHARED THINGS » New connections. New behaviours. New
opportunities.
BRANDED GOVERNMENT» Time to get behind corporate-powered civic
change.
POST-DEMOGRAPHIC CONSUMERISM » Demographics are dead! Long live
demographics!
CURRENCIES OF CHANGE » Because good behaviour should no longer
(just) be its own reward.
SYMPATHETIC PRICING » Pain point-targeting discounts.
ROBOLOVE » 2015: Rise of the Robots.
BRAND STANDS » Get off the fence!
10 Future prime innovation opportunities to run
with
9. Interest Areas
O INTERNET OF SHARING THINGS- Nothing gets trend watchers
more excited than when two trends get all amorous
In next five years, the Internet of Things and the Sharing Economy
collide to allow a whole new world of asset sharing: spontaneous,
useful, fun, profitable and more.
O there have been some exciting INTERNET OF CARING
THINGS innovations, such as Chinese tech giant Baidu’s set
of smart chopsticks, which can detect the freshness of cooking oil.
O Enter the INTERNET OF SHARING THINGS- As more objects
become connected, new ways of deriving value from them will
become possible for consumers, shared access being one.
O The Collaborative/‘Mesh’ economy has long been predicted, but the
coming months will see it start to become a consumer reality via
the INTERNET OF SHARING THINGS. One signal: currently only 4%
of consumers own an in-home IoT device, but nearly two-thirds plan
to buy one in the next five years (Acquity Group / Accenture, August
2014).