3. 3
“An IoT system is a network of networks where, typically, a massive
number of objects, things, sensors or devices are connected
through communications and information infrastructure to provide
value-added services via intelligent data processing and
management for different applications
(e.g. smart cities, smart health, smart grid, smart home, smart
transportation, and smart shopping).”
• -- IEEE Internet of Things Journal
What is IOT?
Definition
3
4. IOT Platforms
3
IoT is a concept encompassing various platforms, applications, and
technologies implemented under a number of radio communication
services
ITU-T Recommendation [Y.2060 renamed as Y.4000]
A global infrastructure for the information society, enabling advanced
services by interconnecting (physical & virtual) things based on
existing and evolving interoperable information and communication
technologies
5. Continued
Physical things
Exist in the physical world and are
capable of being sensed, actuated
and connected.
Examples: industrial robots, goods
and electrical equipment.
Virtual things
Exist in the information world and are
capable of being stored, processed
and accessed.
Examples: Multimedia content,
application software.
5
26. CONCLUSTION
26
According to the McKinsey Global Institute, IoT could generate up to $11.1 trillion a year in economic
value by 2025 across many different settings, including factories, cities, retail environments, and the
human body.
27. 27
IOT solution Readyness
Most of the Companies are at Internet of things Apllication Proof of Concept stage
with these new technologies
1) Robust Data including
Real-Time information
from the sensors.
2) Small Number of
solutions with Limited
scale.
3) Widespread
Deployment IOT
solutions across
enterprises
28. 28
CONCLUSTIONS
1)Are we missing boat? Yes/No
2)Too early to venture into IOT Market? Yes/No
3)IOTForum started 2010 and ITU standardizations happening
now is conflict or compliment? Yes/No
Answers to the Above questions are available with Adaptation of Technology by end
user.