Internet Of Things Hype or Reality? Presented by: Michael Hathaway, - PowerPoint PPT Presentation

Internet Of Things Hype or Reality? Presented by: Michael Hathaway, Founder, CTO Information Xchange, Inc mhathaway@information-xchange.com www.information-xchange.com

What Is The Internet of Things? “Internet connected devices and systems that transfer data Definition: without human-to- human or human-to- computer interaction” Abbreviation: IoT

IoT In A Nutshell Data Analytics Web Applications Mobile Applications Controls Security MultiMedia Energy Sensors/ THINGS Wearables Systems Systems Meters

A Brief History: The Emergence Of IoT  1969 Arpanet − Networked servers  1982 TCP/IP ( The Internet) − Networked computers, servers  1989 World Wide Web − User friendly graphical interface  2000 Mobile Computing − WiFi − Mobile data networks  2003+ IoT − Network Connected Devices − Machine to machine applications  Sensors, Controls, Multimedia

IoT Timeline

Market and Technology Drivers  Mobile Processors − Smarter, Smaller, Cheaper, Low Power  Open Data Standards − REST API, JSON, XML  Mobile Web App Standards − HTML5, Android, Apple iOS  Internet Multimedia Content − Netflix, Hulu, HBO Go  VC and Corporate Investment − Over $1.6B invested in IoT Startups in 2014 Venture Capital

7.1 Trillion Dollar Market by 2020

The IoT Stack  Cloud Platforms Applications & Services  Analytics  Asset & Profile Management  Mobile & Web Development Application Frameworks  Data Analytics  Information Management IoT Platforms  Messaging Services  Security & Permissions  Access Security IoT Device & Premises Management  Device Discovery  Connectivity Things  Wearables  Controls & Sensors  Multimedia Semiconductors  Processors  SoC

IoT Today: Wearables ● Happening today ● Few infrastructure dependencies ● Fueled by low cost, low power, specialized microprocessors

IoT Today: Commercial & Industrial ● High growth market for mobile, web and big data applications ● Includes large install based of non-IP legacy equipment ● Large market today with significant growth projections 4 G Ethernet Legacy (Non-IP) Internet Protocol NETWORK PROTOCOLS Access Lighting Sub-Metering Control HVAC Energy

IoT Today: Home Automation ● NEST leads the way ● Connects to Internet via WiFi ● Acquired by Google for $3.2B ● Cluttered Home Automation Market ● Too many Non-Internet protocols ● No single protocol dominates ● Presents a barrier to the IoT Home

Emerging IoT Standards ● Addresses the home automation protocol problem ● Two battling standards: AllJoyn & OiC ● Qualcomm vs Intel ● Will impact widespread adoption ● Creates a VHS vs Betamax problem for consumer market The IoT enabled Smart Home is a ways off!

Emerging IoT Markets: Smart Cities ● Expansion of Smart Grid initiatives ● Smart grid networks failed to deliver on promise ● Network constrained to reading smart meters once a month ● Smart Cities establish a utility Internet network ● Connecting multiple systems ● Distributed energy ● Micro Grid ● Water Management ● Traffic controls ● Lighting ● Security Systems Presents highly visible opportunities for innovation

Industry Challenges  Security, Security, Security − Controlling devices remotely via the Internet − Permissions and Access  IoT Standards − Battling consumer standards will delay IoT Smart Homes  Legacy equipment and standards − Home automation protocols must be replaced by Ethernet/WiFi  Confusion − Most folks aren't even aware that the IoT train has left the station

IoT In Austin  IoT landscape in Austin – There is a small and growing number of IoT startups – Few if any local IoT investors  Raising IoT awareness in Austin − Creating IoT-Austin consortium − Coordination of IoT activities in accelerator and incubation labs − Investor and community education − Connecting Austin startups to Silicon Valley community

Summary  IoT is real and happening – Wearables will be driven by semiconductor innovations – Commercial & industrial market is thriving  IoT Home will be dominated by proprietary solutions – NEST and others will develop their own ecosystems – IoT standards adoption will take several years to solidify  Billions is being invested in IoT – $1.6B in 2014, $1B in 2013 – Primarily from Silicon Valley investors – Market is on a multi-trillion dollar trajectory