Internet of things - Business Opportunities in the Connected World
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This document discusses the evolution of the internet from Web 1.0 focusing on information, to Web 2.0 focusing on people, to the current Web 3.0 focusing on connecting physical devices or "things" known as the Internet of Things (IoT). It outlines the building blocks that enable IoT such as sensors, connectivity, and processing power. The document also discusses current IoT trends, opportunities for businesses through applications in various industries, and challenges in IoT implementation including security, privacy and interoperability. It predicts the IoT market will reach $11 trillion by 2020.
Internet of things - Business Opportunities in the Connected World
- 1. Business Opportunities in the Connected World
- 2. BBQ Anyone?
- 6. Web 1.0 – Internet of Information
- 7. Web 2.0 – Internet of People
- 8. Web 3.0 – Internet of Things
- 13. Compute Power Year: 1969 Year: 2015
- 14. What’s New?
- 15. NASA Rover
- 16. It’s raining cash in Silicon Valley again… Time Magazine Feb, 2015
- 17. Forces of Acceleration Smaller, Cheaper, Accurate Smaller, Powerful, Pervasive Everywhere: Cellular, Wi- Fi, Bluetooth Open-Source, Scalable, Accessible
- 18. Wired and Hooked
- 19. Flood of Consumer Gadgets
- 20. Device Sales Web 1.0 Web 2.0 Web 3.0 300 mil PCs/Year 1 bil Smartphones/Year 50 bil Smartdevices/Year
- 21. IoT Marketshare by 2020 $11 Trillion 20202015 US$ Trillions 2 4 6 8 10 12
- 23. Adoption of IoT in Business
- 24. Painkillers Downtime Cost: $7 MM/Well/Per Week $150 MM Annual Losses for Mid-size LNG Facility
- 25. Efficiencies
- 28. IoT Applications
- 29. Transportation
- 30. Smart Cities
- 32. Smart Energy
- 37. Care
- 38. • Performance • Maintenance • Utilization • Feedback • Automation • Planning • Forecasting • Optimization Bringing “Things” to Life
- 39. Challenges in IoT Security PrivacyInteroperability
- 41. “The future is already here — it's just not very evenly distributed.” — William Gibson
- 42. Thank you! @Jag_Randhawa Author of THE BRIGHT IDEA BOX www.TheBrightIdeaBox.com