internet of things
DESCRIPTION
The presentation looks at the emergence of the internet of things along with its implications on the enterprise world, with vertical specific use cases.It suggests ways in which enterprises can adapt while presenting a futuristic outlook of this emerging technology.TRANSCRIPT
Transitioning to a Smart World with the Internet of Things
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
Internet of Things: A Closer Look
These connected smart devices devices will lead the way to a smarter world
A world where everyday objects, powered by embedded devices, are able to communicate with each other intelligently via the internet to provide meaningful information and analytics
Smart devices like thermostats, security tags, wearable health-care devices, automobile sensors and more, when connected can greatly reduce human effort and intervention
Emerging technologies like the WiFi backscatter technology, enabling connectivity between devices powered by radio frequency will act as enablers
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
Rise Of IoT: Key Factors
Proliferation of mobile internet
connectivity
Development in computing technology
Fall in prices of IC’s
Innovation in devices
Global standardization of
networks
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
A Glimpse Into The Future: IoT
ABI Research estimated that more than 30 billion devices will be wirelessly connected to the Internet of Things (Internet of Everything) by 2020
Cisco forecasted that the number of connected devices in the world will increase to 50 billion in 2020, from just 500 million in2013
International Data Corporation predicted that the worldwide market for IoT solutions will grow from $1.9 trillion in 2013, to $7.1 trillion in 2020
LogisticsShipment tracking and automated alerts to monitor temperature, available storage space and location in case of blockages/accidents
Automotive Self-driven cars with GPS connectivity, and automated performance tracking and alerts, to help avoid accidents
Insurance Vehicle theft tracking and fetching accurate data in case of accidents to help decide premium of renewals
Manufacturing Linking manufacturing equipment with enterprise systems to gain insights on performance, energy consumption and maintenance
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
Use Cases Across Verticals
HealthcareRemote patient monitoring using wearable devices, allowing doctors to improve patient care with real-time updates and alerts
Aerospace Automated alerts to monitor various parts of an aircraft in case of any discrepancies
Domestic Connected home devices like thermostats, gym equipment, lights for remote control and analysis of usage patterns
Retail Advanced find and compare tools for shoppers to help enhance the in-store and online shopping experience
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
Use Cases Across Verticals
•Focus on customer needs and pain points
•Innovate on delivery of products or services
•Shift from usability to user experiences
•Customer-centric business model
•Higher degree of connect between Marketing and Technology
•Better customer experience
•Work with device manufacturers to:
•Seamlessly integrate and connect all interfaces and input systems, and make them more intuitive
•Increase business efficiencies by extending mobility solutions using an Enterprise IoT suite
How Should Enterprises Adapt
Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
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Endeavour Software Technologies © 2014 [email protected] www.techendeavour.com
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