internet of things

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Internet of Things phi Case Study Competit Presented by Team – The Usual Suspects R.S.S.Dwarakamayee - 241120 Saket Agrawal – 241124 Sheetal Jaimalani – 241134

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Application of IOT to various business domains, challenges, strategies to overcome them

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Page 1: Internet Of Things

Internet of Things

Delphi Case Study Competition

Presented byTeam – The Usual Suspects

R.S.S.Dwarakamayee - 241120 Saket Agrawal – 241124Sheetal Jaimalani – 241134

Page 2: Internet Of Things

IMPACT OF IOT ON FINANCE

• Seamless transactions

• Connect health planner/devices to investment accounts

• Integrated sensing and payment capability in household appliances

• Insurance could be personalized and made more flexible

Page 3: Internet Of Things

IMPACT OF IOT ON MARKETING

• Smarter CRM: Instantaneous Customer Analysis

• Better insight into the buying journey and in which stage of it the customer is

• Real-time interactions, POS notifications and of course targeted ads

• Display advertising will rely on sophisticated automation tools

Page 4: Internet Of Things

IMPACT OF IOT ON OPERATIONS

• Use of smart assembly to reduce disconnects between the manufacturing and enterprise networks

• Manage the supply chain through location tracking and monitoring devices

• Cheaper and sustainable manufacturing

• Plant alarm and real-time event resolution

Page 5: Internet Of Things

IMPACT OF IOT ON HR

• Monitor worker safety and productivity via smart devices

• New forms of human-machine collaboration

• Enable managers to gauge social sentiment among their workers through smart monitoring

• Increase in transparency and predicting functionality of the employees

Page 6: Internet Of Things

CHALLENGES FACED BY THE IOT

• Sensing a complex environment• Innovate ways to sense and deliver information from

the physical world to the cloud

• Connectivity• Variety of connectivity standards to be met

• Power• Many IOT applications need to run for years

• Security• Protecting user’s identity and preventing malicious

activity

• Managing very large data volume

Page 7: Internet Of Things

OVERCOMING CHALLENGES: SUGGESTIONS

• Data ownership in distributed network • Adaptation to IPv6

• New approach for personal data management

• User centric context-aware privacy and privacy policies

• Grow a strong developer ecosystem and let partners, customers, developers unlock the power of that data through APIs

Page 8: Internet Of Things

THANK YOU!