connected solutions for the future
TRANSCRIPT
Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.
Connected Solutions for the Future
Ted WendlingManager Solutions Architect
Business Is All About ConnectingConnected Machines Market Trends
Growing Connected Machine TrendsThe Internet of Things (IoT) predicted to reach 26B devices by 2020.1
Connected platforms are introducing an era of social machines.
Smart wearables to grow from 9.7 million in 2013 to 135 million in 2018.2
Big data helping to detect patterns, identify trends, and predict future behavior.
1Forecast: The Internet of Things, Worldwide, Gartner, 2013.2CCS Insight, 2014.3The Internet of Things Business Index: A Quiet Revolution Gathers Pace, The Economist Intelligence Unit, 2013.
63% believe that companies slow to integrate IoT will fall behind the competition.3
95% of C-level executives expect their company to be using the IoT within three years;
— Wearables
Wearable fitness devices are one of the most recognized new categories of IoT consumer devices. We predict they’ll have a big impact on institutions, too.
Wearables can:• Increase employee participation in wellness schemes,
with knock-on effects on attendance and productivity.
• Enable home monitoring of chronic conditions, reducing the burden on healthcare resources.
• Help public sector bodies maintain service levels as the population ages and obesity becomes a bigger problem.
• Support worker safety schemes by serving as accident alarms.
The participation of overweight
people in a wellness program
increased 86% when wearables
were incorporated6.
86%
6 Navigant Research, Smart Electric Meters, Advanced Metering Infrastructure, and Meter Communications: Global Market Analysis and Forecasts, November 2013
Connected Machines and the Internet of Things Enable Business Transformation
Business Driver: Increase Operational Efficiencies.• Monitor, control, and
manage remote assets.• Control costs while
improving service levels.
Business Driver: Improve Customer Experience.• Accelerate decision making.• Improve response times.• Augment engagement
and loyalty.
Business Driver: Create New Revenue Streams.• Reach new customers
and new markets faster.• Access new revenue sources.• Gain a competitive edge.
Driving Industry Advancements
• Mobile point of sale (mPOS)
• Digital signage
• Smart vending
• Pop-up retail
• Peer-to-peer car sharing
• Self-service auto rental
• Public/private fleet pooling
• Fleet management solutions
• Dealership solutions
• Smart lighting• Smart parking• Traffic
management • Municipal rail• Video
surveillance
Energy
• Grid monitoring• Demand
response• Load balancing• Command and
control• Gas/water/oil
IntelligentTransportation
Manufacturing
Finance andInsurance
• Condition-based monitoring
• Asset tracking
• Remote monitoring
• Remote access and control
• Wireless ATM
• Self-serve kiosks
• Distributed trading
• Usage-based insurance
• Buy here/pay here
Retail Smart Cities
MES
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MES
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RFI
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Reduce Complexity, Increase Capabilities
A Comprehensive Application Platform
Home automationConnected speakersSmart thermostatConnected garage door opener Smart doorbellVideo surveillance
Traffic congestion management Smart parking Bridge/tunnel monitoring Municipal transit monitoringWater/Wastewater monitoringSanitation vehicles
Asset trackingInventory management Condition monitoringGeofencingWorkflow management Customer delivery alertsWarehouse delivery alerts
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Common functions
across IOT solution sets
Diverse devices, heterogeneous
connectivity technologies
Multiple, unique applications for each vertical or segment
4G L
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RFI
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WI-F
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4G L
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WI-F
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Consumer Smart Home
Public SectorSmart City
Enterprise Supply Chain
IoT Application PlatformDashboards | Alerts and Triggers | Data Visualization | Data Management Location | Analytics | Device Management | Connectivity Management | Compute | Store
Verizon Services• M2M, Cloud, Private Network,
M2M Management Center
Use Case:Smart Lighting
Challenges• Create a safe, sustainable
pedestrian environment.• Cut down on lighting maintenance.• Maximize energy usage.
Benefits• Reduce cost and improve performance—
up to 70% reduction in energy and maintenance costs.
• Increase safety with mass emergency alert notification and evacuation routing.
• Boost visual communication with digital signage.
Use Case:Smart Parking
Verizon Services• M2M, Cloud, Private Network,
M2M Management Center
Challenges• Reduce traffic congestion.• Boost parking enforcement efficiency.• Provide mobile motorist guidance.
Benefits• Make operations easier with dynamic
parking pricing, parking analytics, and parking meter integration.
• Increase revenue from ticketing and meter resets.
• Increase sales for nearby retailers.• Reduce emissions and greenhouse gases.
Use Case:Tank Level Monitoring
Challenges• Make accurate production measurements.• Reduce losses from production shutdown
with condition monitoring.
Benefits• Help improve production and reduce
overfill scenarios and tank leaks.• Manage operational costs.• Improve efficiency and avoid downtime.
Verizon Services• M2M, Professional Services, Cloud
Use Case:Cashless Vending
Challenges• Provide payment options to capture
additional revenue.• Enable route optimization for drivers
to replenish inventory.• Track consumer preferences and
buying behavior.• Determine best location for machines.
Benefits• Increase sales and revenue by enabling
credit card transactions. • Forecast inventory and machine
placement with data analytics. • Provide customized product offerings and
personalized engagement and incentives.
Verizon Services• M2M, Management Center, Advanced Analytics
11Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.
Thank You.