Sophie Peachey, Director of Innovation & Insight at Axillium Research Ltd discusses a new funding opportunity through the Advanced Manufacturing Supply Chain Initiative in the area of the Internet of Things.
2. The Internet of Things: Top-level definition
Internet of Things (IoT):
Technologies in consumer-based products used to define and
characterise an analogue ‘thing’ in a digital way.
For example:
• Motion, light and temperature sensors can collect environmental
information about a room, creating a digital picture of what is
otherwise an analogue space.
• Similar sensors within a car can be used to support its interaction
with the hazards it encounters on its journey.
3. The Internet of Industrial Things: Top-level Definition
Internet of Industrial Things (IoIT):
Uses similar types of technology to generate digital definitions of
analogue or other digital ‘things’, but the impact is:
• Process focused, improving industrial performance and efficiency.
• Product focused, enabling new products to interact with their
environment
For example:
• Using sensors in an industrial space to enhance and improve
manufacturing process by tracking the way tools work within certain
conditions and optimising their use in relation to the conditions.
• Creating a way for a product to interact with its environment during
its creation and on through its life when purchased.
4. The Internet of Industrial Things – Global Opportunities
The resulting global economic value add to
industry as a result of increasing sales and
decreasing inputs and costs will be $1.9 trillion.
$1,900,000,000,000
Global Value Add
Gartner estimates that by 2020 there will be
26bn connected devices. Ericsson estimates
50 billion connected devices by 2020
(Ericsson White Paper, February 2011).
26bn Connected Devices
An explosion of connected devices over the next seven years will create
huge opportunities.
By 2020 Gartner estimate over $300 billion incremental revenue
for IoT suppliers with c.$250 billion derived from services.
As business models mature, the market will increasingly be driven
by services to affect a set of business processes that exist today
within the enterprise.
$300 billion Incremental Revenue
300bn
IoT
Suppliers
IoT
Services
250bn
Key service elements include:
• Configuration & customisation of IoT solutions
• Integration
• Data analytics
Source: Gartner, Forecast: The Internet of Things Worldwide, 2013
5. The Internet of Things: IoT Waves – Ericsson February 2011
Ericsson’s White Paper predicts Networked Industries as the 2nd phase of IoT adoption
Acknowledged source: http://www.ericsson.com/res/docs/whitepapers/wp-50-billions.pdf
6. Axillium’s Programme Delivery
Axillium Research is expert at Innovation Management of Grand Challenges for TSB, BIS, AMSCI, EPSRC
and private clients.
5. TSB’s VE-DRIVE: using digital technology to connect Jaguar Land Rover’s supply chain in collaborative
product design, manufacture and through-life management; 4 partners, £1.26m, 2 years
Axillium manages dissemination activities, prime stakeholder engagement, funding stakeholder
engagement, and management of the project team and its deliverables.
For example:
1. TSB Internet of Things Interoperability Demonstrator
Phase 1: Developing EyeHub as a secure interoperable
IoT platform hub for discovery and use of digitally
enabled data; 11 organisations, 3 use cases, £799k, 1 year
2. TSB i-Composites Grand Challenge: 26 partners, 28
projects, £10m, 1 year…
3. AMSCI Composites Innovation Cluster: Making step-
changes in composites materials, design, process and use
within aerospace and automotive sectors; 26 partners, 15
projects, £22m, 3 years
4. EPSRC Programme for Simulation Innovation (PSi): Jaguar
Land Rover’s strategic research activity to engage 6
Universities across 8 themes; £10m, 5years
“In just one year, the Composites Grand
Challenge substantially progressed the UK’s
composites manufacturing capabilities across
26 projects that were focused on issues such
as energy reduction, automation, process time
reduction, materials and sustainability. A key
factor in this successful collaboration was
the independent programme management
and support provided by Axillium Research
who facilitated and encouraged the
intensive interaction and collaboration
among the project partners that was the
programme’s hallmark."
John Cornforth, VP Technology, GKN
Aerospace
7. A 2014 UK View of Leaders in the IoT Ecosystem
ARM, AlertMe,
Neul, AcquaMW,
IntelliSense.io,
Enlight, 1248, Red
Ninja, Neul and
Badger Pass
SMART
Facilities
OPEN IOT:
Connecting
Site Data
Science Scope, Intel, Xively,
Explorer HQ, Stakeholder
Design, Uni of Birm’m
Urban Climate
Laboratory, UCL Centre
for Adv’d Spatial
Analysis, The OU Dept of
Computing.
Education
DISTANCE:
Connected
Learning
Flexeye, Open Data
Institute, University of
Surrey, Axillium,
Manage Places, Eseye,
NPL, DesignSwarm and
Guilford Borough
Council
Data &
Security
EYEHUB:
Secure
Big Data
Aimes Grid Services,
BT,
Traak,
Avanti, Placr and
Merseyside
Transport
Transport
i-MOVE:
Vehicle
Ecosystem
BT, Aimes,
Ctrl-Shift, University
of Cambridge, Dartt
and The Highways
Agency.
Logistics
STRIDE:
Smart
Transport &
Logistics
LivingPlanIT, London
City Airport, Milligan
Retail, IBM and
Critical Software.
Airports
INTER-
NATIONAL
AIRPORT
Airport
Services
SH&BA, EDF,
IBM, BRE and
Westminster City
Council
Environ-
ment
IOT BAY:
Open Data
Interop
InTouch Ltd,
Lancaster University,
Redcar & Cleveland BC,
University of
Birmingham, BCC,
Carillion, Balfour Beaty
& Amey PLC.
Highways
SMART
STREETS:
Highway
Maintenance
8. IoT Interoperability: HyperCat
Solves the problem of resource Discovery:
Common, machine-readable API
HTTPS, REST, JSON
Can annotate existing APIs
A simple foundation on which to build
A banner of openness, an ecosystem
Service
1
Apps
1
Devices 1
Service
2
Apps
2
Devices 2
Service
N
Apps
N
Devices N
HyperCat
Horizontal x Verticals
Reusable horizontal thinking
Real vertical test cases
Solve interop problems we all have
Vertical1
Vertical2
Vertical3
Vertical4
Vertical…
VerticalN
Horizontal
9. Gartner forecast that the $1.9Trillion global value add will be split across the
following industry sectors:
15%
8%
11%
15%
11%
8%
4%
5%
8%
6%
4%
Manufacturing
Healthcare
Insurance
Banking & Securities
Retail & Wholesale
Computing Services
Government
Transportation
Utilities
Real Estate
Other
Industry Opportunities
Source: Gartner, Forecast: The Internet of Things Worldwide, 2013
The resulting
global economic
value-add to
industry as a
result of
increasing sales
and decreasing
inputs and costs
will be $1.9
trillion
10. Horizontal Impact on the Vertical Sectors
IoIT use cases are predominantly industry-vertical focused.
Customisation for vertical markets will be critical for most
of the horizontal elements.
Determine interoperability, standards and practices that allow data,
systems and lessons to be shared across the verticals.
IoT Professional Services
IT Professional Services
Enterprise Software
Data Centre Services
Communications Services
Infrastructure / Gateway
Middleware / Security S/W
OS
Hardware
Hardware Services
Semiconductors
General Standards
Manufacturing
Healthcare
Insurance
Banking&Securities
Retail&Wholesale
ComputingServices
Government
Transportation
Utilities
RealEstate
Other
11. Intent of the IoIT Cluster
The Cluster will offer businesses of all sizes the opportunity to work together to address
the challenges of adopting, integrating and operating an IoIT product or business model.
IoIT use cases will be predominantly focused on industry verticals where the critical
success factors will address horizontal elements through:
• Research and development from early stage research to maturing technologies
• Training and development to build skills and capability
• Innovation management and technology transfer
• Technology showcasing and business mentoring
The IoIT Cluster will be the UK’s Flagship Programme leading a supply chain of networked
business and industries which deliver connected technology, products, jobs and growth.