Internet of Things

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Internet of

Things

Smartphones

The smartphone is also a


multi sensor using which
many of our day-to-day
activities can be
tracked, analysed,
and acted upon.
http://dupress.com/articles/internet-of-things-data-security-and-privacy/
http://www.samsung.com/us/explore/galaxy-s-6-features-and-specs/
http://www.zdnet.com/article/the-internet-of-things-and-big-data-unlocking-the-power/

Billions of
devices
in use
globally

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2618794
https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-primer-iot-technologies-applications.html

Fitness bands

https://blog.fitbit.com/3-ways-to-lace-up-your-running-shoes/

Nike+ FuelBand

https://en.wikipedia.org/wiki/Nike%2B_FuelBand
https://play.google.com/store/apps/details?id=com.nike.fb

Shoes

Sensors placed in shoe insoles can generate data


measuring the pressure supported by each foot during
walking. That can help to identify imbalances or limping
and thereby better help the person.

https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-in-medical-devices-industry.html

Self driving cars

http://www.google.com/selfdrivingcar/

A camera at the front of the vehicle can constantly


capture, assess, and upload to cloud servers information
about stoplights and available parking meters.

http://www.mckinsey.com/industries/high-tech/our-insights/preparing-it-systems-and-organizations-for-the-internet-of-things

In mining, self-driving vehicles promise to


raise productivity by 25% and output by 5%
or more. They could also cut health and
safety costs as much as 20% by reducing
the number of workplace accidents.
http://www.mckinsey.com/Insights/Business_Technology/An_executives_guide_to_the_Internet_of_Things

With fully self-driving technology, the car is


designed to do all the work of driving and
the human driver is never expected to take
control of the vehicle at any time.
http://www.google.com/selfdrivingcar/faq/

Smart infrastructure technologies can allow


government planners to measure and
monitor traffic management.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2618794

Thermostats

https://nest.com/thermostat/meet-nest-thermostat/

Examples of what you can do


1. Monitor and change the temperature from
your smartphone.
2. Analyze your home heating activity.
http://www.strategy-business.com/article/00294

A building might have several simple hubs, each controlling 1 function:


Heating, ventilation, and air conditioning. Example: Nest.
Electricity.
Lighting.
Water.
Entertainment.
Communications.
Security.
Each of these simple hubs might be connected to the Internet.
http://www.strategy-business.com/article/00294

Video analytics

Some Internet of Things applications involve video analytics


- a technology that applies machine-learning algorithms to
video feeds, allowing cameras to recognize people,
objects, and situations automatically.

http://www.mckinsey.com/industries/high-tech/our-insights/video-meets-the-internet-of-things

Motion sensors

The lights in this building are all connected, and


theyre all connected to motion sensors.
Theyre harvesting data about building
occupancy. What are the high traffic areas?
What are the low traffic areas?
http://www.mckinsey.com/Insights/High_Tech_Telecoms_Internet/The_Internet_of_Things_Five_critical_questions

When a runner lifts up a shoe from a shelf in a sports


equipment store, sensors on the shelf can trigger
product information and reviews to appear on the
customers app.

https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-retail-strategies.html

Acoustic sensors

Acoustic sensors measure sound levels.

https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-primer-iot-technologies-applications.html

Light sensors

Light sensors detect the presence of light.

https://dupress.deloitte.com/dup-us-en/focus/internet-of-things/iot-primer-iot-technologies-applications.html

Soil moisture sensors

With http://www.growiti.com/
you can find out when to water
and how much water to give
plants.

With the Koubachi plant sensor, you can find out when to water
and how much to water to give plants.

http://www.bbc.com/news/technology-32175010

What do smart
connected products do?

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

# 1: Monitoring

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

# 2: Control

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

# 3: Optimization

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

# 4: Autonomy

To have control capability, a product must have monitoring


capability. In other words, capabilities build on each other.

# 4: Autonomy
# 3: Optimization

# 2: Control
# 1: Monitoring
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

What are some benefits


of the Internet of Things?

The Internet of Things makes it easier to track


materials and products from one end of the
supply chain to the other.

http://www.zdnet.com/article/the-internet-of-things-and-big-data-unlocking-the-power/

The ability to track when and how physical assets


are actually used makes it possible for us to use
products more efficiently and charge for use
instead of product purchase.
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/an-executives-guide-to-the-internet-of-things
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2563765

Analysis of of Internet of Things data can help


minimize downtime. We can predict when
it makes sense to do product maintenance.

http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/an-executives-guide-to-the-internet-of-things

What components do smart


connected products have?

A smart, connected product has 3 types of components:

Physical
components

Smart
components

Connectivity
components

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

Physical components are the products mechanical and


electrical parts.
Example
The engine block, tires, and batteries in a car.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

Smart components are sensors, microprocessors, data


storage, controls, software, and, typically, an embedded
operating system and enhanced user interface.
Example
Rain-sensing windshields with automated wipers and touch
screen displays in a car.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

Connectivity components are the ports, antennae, and


protocols enabling wired or wireless connections with the
product.
Example
In farming, automated tillers inject nitrogen fertilizer at
precise depths and intervals, and seeders follow, placing
corn seeds directly in the fertilized soil.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

Further inspiration
https://www.thethingsnetwork.org/

What are some risks of


the Internet of Things?

# 1: Security risks
The Internet of Things is based on the fundamental ability
to share information, and if we cant do that in a safe and
secure way, were going to need policies and laws so that
everybody understands whats within reason.

http://www.mckinsey.com/Insights/High_Tech_Telecoms_Internet/The_Internet_of_Things_Five_critical_questions

# 2: Data privacy
There needs to be a bill of rights for personal data - that
you have to be able to own all of it, that you have to get
strong opt-in before somebody can take it.

http://www.mckinsey.com/Insights/High_Tech_Telecoms_Internet/The_Internet_of_Things_Five_critical_questions

How does
the Internet of Things
influence how we work?

Because networked devices are always on, companies


must be able to react to customer and system requests
in real time.

Agile software development and delivery will


therefore become a critical competency.
http://www.mckinsey.com/industries/high-tech/our-insights/preparing-it-systems-and-organizations-for-the-internet-of-things

The focus is shifting to the broader


need companies meet, rather
than their traditional product definition.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

www.trane.com has moved from seeing itself as a


heating, ventilation, and air conditioning equipment
producer to a company that makes highperformance buildings better for everyone inside.

https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

As smart, connected products expand industry


scope and the boundaries of competition,
many companies will need to rethink their

corporate purpose.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition

Further inspiration
https://www.teacherspayteachers.com/Product/Questions-to-discover-your-purpose-1438787

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