devices - data - decisions
TRANSCRIPT
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InternetofThingsandthedatawelove
Devices– Data- Decisions
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Introductions
MarkJensenDirectorofProductManagement,InterDynBMI
• Startedw/GPAforDOSTechSupportatGreatPlainsSoftware• NineyearsatMicrosoft• ERP/CRMSoftwareProductManagement/Marketingfor20+years• Fargofor27years;nowbasedinMinneapolis
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Today’sFocus
What?
How?When?
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InternetofThings?
Devicesconnectedtotheinternettobeusedforthecollectionandanalysisofdatafortheautomationorcontrolofaprocess
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Whynow?
Cloud
FallingHardwareCosts TechnologyAdvances
B2BOpportunity SoftwareAdvances
ConnectivityProliferation
EconomicBenefits
“CreatingtheInternetofYourThings?”BarbEdson,MicrosoftWhitePaper
$
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GetACloud
• Scalabledatacollection• Rulesbasedconsumption• Broadanddeepanalysis• Reducecosts• Removecapacityconstraints
ITCloud
ServicesSpe
nd
$114Bin2016
$216Bin2020
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Howbig?
Operationaltechnologyhelpsliquefiednaturalgas(LNG)plantsdecreasedowntime,bypinpointingpotentialproblemareasbeforetheybecomemajorissues.LNGcompaniessavingupto$150millionayear,accordingtoMITSloanManagementReview.
“WhatistheInternetofThings?”ChrisNeiger,motleyfool.com,July13,2016
EyeQ chipsprocesstheimagesaroundacarinordertogivethevehicleitsownsituationalawareness.Around90%ofautomakersarealreadyusingMobileye'stechnology.
Therewillbenearly50billionthingsconnectedtotheinternetby2020
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Value?
OptimizeMonsantousessensorstotrackthetemperatureandlocationofseedshipments,soitcanadaptroutesinextremelyhotconditionstoreduceseedloss.
InformThreatstoanddisputesabouttheownershipofassets–wherethoseassetsarephysical,butarealsoheldtoconsistofdata,itssecurity,itsprivacyanditsworthasintellectualproperty.
CaptureAlmost1inevery2dollarsspentonlinewillcomefromonlinepurchasesmadeusingamobiledeviceby2020,fueledbycontextualshopping,mobilefirstmentality,andincreasingrelianceonmobiledevices.
PredictJCBandWiProdevelopedanIoTsystemtopredictthefuturereliabilityofmachinesandcomponents,andthusbetterorganizemachineandcomponentmaintenance
“WhatistheInternetofThings?”ChrisNeiger,motleyfool.com,July13,2016“InternetofThings,InternetofApprehension,JamesWoudhuysen andMarkBirbeck,IDGConnectGlobalReport“IoT TriggersnewimpulseeCommerce Purchasing,JavelinReport,July14,2016
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DidWeSayData?
Devices Data Decisions
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Today’sFocus
What?
How?When?
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ManufacturingConnection
Cloud DynamicsMachine#1
StopsWorking Alert Reroute
JobsScheduleNewWork
Machine#2
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Servitization
• ProducttoServiceBusiness• Example:ChemicalManufacturer• Manufacturesandsuppliesindustrialplants• Usesanetworkofindependentmaintenancecontractors• Risks:contractoravoidance,improperapplication,dilutedsamples• Solution:sensorsondosingportsandmachines,contractorsscheduledbasedonmachinemonitoring,nosamples,mobileconfirmationofservicecompletetriggerspayment
“ThinkBusinessModelBeforeLeapingintoIoT”,SteveBaker,iotworldnews.com,July20,2016
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AgricultureDisruption
Cloud DynamicsCombine
Analysis Reporting Quote Work
Technician
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RetailDisruption
“What’sItAllAbout”JohnStine,IntelCorp.,theconsumergoodsforum.comblogpost
NewTypesofData NewDataTools NewDataScience NewRevenueServices
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SmartCities
•Monitormanyaspectsofacity• Bettermanageutilities,security,services,etc.• Improveefficienciesofsystems• Reducecosts• Improveservices
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Today’sFocus
What?
How?When?
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Opportunity?
• 70%areusingIoT,manyarestruggling• Topbox;integratew/legacysystemsandsecurity• Businessintelligencedrivesimplementation• 25%planningtodeploywillbeend-to-end• Officesecurity,buildingcontrols,financialanalytics,healthcareanalytics
“IoT cost-savingbenefitsquestionedbybusinesses”byDHKass,ChannelNomics,July21,2016
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ReadytoSoar
Nascent
• Secure• Struggling• MonitorandAlert
Disrupt
• BusinessIntelligence• ERP/CRMConnection• IntelligenceinThings
Explode
• Servitization• $11.1TEconomicImpact• Self-learningThings
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WhereDoIStart?
• Businesscase– costreduction,revenuedriver…• Oneproject- yourthings• Datamanagementstrategy• ExecutiveBuy-in• Partnerselection
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Today’sFocus
What?
How?When?