How many "things" are there in the Internet of Things?
How many “things” are
there in the Internet of
Chief Technology Strategist,
2. What is IoT and where are we today?
“In the real world things
matter more than ideas”
-Kevin Ashton coined the term
“Internet of things” (1999 at
Procter and Gamble)
$11.1 trillion per year in 2025
for IoT applications.
Few success stories
How to separate hype
How can you apply IoT in
4. The reality check
It is a network of objects that have embedded
components that can connect to the internet eg,
smart meters, fitness trackers, medical devices,
streetlights, thermostats, factory equipment,
unmanned aircraft systems etc.
5. Current state and what we can learn from them
There are successful examples of IoT
implementation that can help us understand the
6. Disney’s Magicband
Guests use Magicband to access all amenities in the park, whether to
check-in to their hotel or reserve rides or buy food. The Magicband
is embedded with sensors that use RFID to track the actions of
guests. This helps Disney to optimize their services according to the
7. City of Dubuque’s Water Management System
A lot of cities are vying to become a smart city but only very few have
implemented a tangible IoT management system.The city of Dubuque is an
excellent example of the social use of IoT. Utilizing Neptune Technology’s
radio frequency meter interface unit, the residents of the city were able to
view their water consumption and leaks. This resulted in a 6.6% reduction in
water usage and a 11-fold increase in the amount of reported leaks.
9. What is the Starting point for those who
wish to use IoT in their enterprise?
• B2B applications of IoT have greater
economic potential than consumer
• Worksite applications (mining, oil and
gas, factories and construction), there is
no direct impact for consumers.
• Connected consumer health-care
products, are linked to B2B systems,
such as services provided by health-care
providers and insurance companies.
10. 1. Know your business case
If the goal is not to go after bright shiny objects but to
solve a customer problem, increase efficiency and
introduce a competitive advantage
11. 2.Understand the challenges
2.1 IP Addresses (IP v6 that allows for trillions)
2.2 High speed internet (Wide coverage in rural areas)
2.3 Wireless Communications (Spectrum allocation)
2.4 Security (All objects have to be secure)
12. 3. Complexity and multi-component dependency
3.3 Cloud infrastructure
3.4 Intelligent data analysis
3.5 User experience