developing a future-proof iot roadmap for connected devices and data
TRANSCRIPT
DEVELOPING A FUTURE-PROOF IoT ROADMAP FOR CONNECTED
DEVICES AND DATAMark Benson, CTO, Exosite
“BIG DATA HAS ARRIVED, BUT BIG INSIGHTS HAVE NOT.”– TIM HARFORD, FINANCIAL TIMES
“BEHIND EVERY BIG FAILURE AT OUR COMPANY, THERE WAS A MARVELOUS SPREADSHEET”
-SCOTT COOK, FOUNDER AT INTUIT
THE REALITY IS THAT WITHOUT CONTEXT, DATA IS MEANINGLESS
ANALYSTS ARE FUELING THE HYPE WITH BIG-TIME PREDICTIONS30 billion IoT devices in service by 2020 - IDC, 2015
50 percent of new business products and services with IoT elements by 2020 - Gartner, 2016
$11 trillion of economic impact via IoT technologies by 2025 - McKinsey, 2015
THE TRUTH IS THAT IoT IS NOT A TRENDING INDUSTRY
IoT IS A TREND AFFECTING ALL INDUSTRIES TO VARYING DEGREES
CREATING SMART CONNECTED PRODUCTS AND SERVICES IS A JOURNEY
THE JOURNEY BEGINS WITH BASIC CONNECTIVITY
72
DEVICE USER
WHICH ENABLES DATA ANALYSIS AND CLASSIFICATION
LEADING TO MORE COMPLEX (AND VALUABLE) ANALYSIS
RESULTING IN A REFINED APPROACH THAT ALLOWS US TO DO MORE WITH LESS
SUCCESS PATTERNS FOR FUTURE-PROOFING YOUR IoT
ANALYTICS JOURNEY
EMBRACE IoT AS A
STRATEGICDECISION
THINK BIGBUT START SMALL
CRAWL,WALK,
THEN RUN
EMBRACE THEEMERGING DIGITALECOSYSTEM
SELF-SERVE SOFT SERVE/FROZEN YOGURT
MACHINE
CASE STUDY
QUICK-SERVE FROZEN YOGURT MACHINE THAT DISPENSES A CUSTOMIZABLE FROZEN TREAT WITHIN 30 SECONDS
AUTOMATED OPERATION ENABLES TRADITIONAL BRICK & MORTAR STORES TO EXTEND THEIR REACH WITH EXISTING STAFF
EASY FOR OPERATORS TO MAINTAIN AND SERVICE WITH REAL-TIME MONITORING, REPORTING, AND ALERTS
LOWERING THE BARRIER OF ENTRY FOR FROZEN DESSERT ENTREPRENEURS TO ENTER THE $42B US MARKET
PAVING THE WAY FOR PREDICTIVE MAINTENANCE, OPTIMIZED DEMAND PLANNING, AND TARGETED OFFERINGS
SUMMARY
Embrace IoT as a strategic decision
Think big, but start small
Crawl, walk, then run
Embrace the emerging digital
ecosystem
THANK YOU
Mark Benson, [email protected]
https://twitter.com/markbensonhttps://www.linkedin.com/in/markbenson
http://exosite.com
Booth 1130