extracting value with the internet of things€¦ · extracting value with the internet of things ....

Sajith Wimalaratne & Jake Sprouse

Extracting value with the

Internet of Things

2

By 2036 there will be 1

trillion connected devices

with 10 billion users and $20

trillion in revenue.

3

Why should the industry care

about the IoT?

4

Changing the way

consumers purchase and

engage with brands

5

The User Experience

6

The Disney MagicBand

enables a seamless,

personalized user experience

within a connected venue.

7

Opportunities that the IoT brings

8

New revenue streams

Hardware Subscription Services

B2B Services Data

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Enabling technologies and trends

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IaaS and PaaS

Cloud Analytics

11

Battery

FMCG

Wearable

Retail

Home

Industrial

Agriculture

Energy

Cities

Long-range

Wireless

Communications

Standards

Component

Costs

Edge Computing

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Challenges associated with the IoT

13

Vision

Data security and privacy Skills

Business Culture

Challenges associated

with the IoT

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IoT Strategy

15

Plan Experiment

Partner Start-up

What’s next?

How to move forward

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Creating value with the Internet of Things – key takeaways

IoT enables new way of engaging with the end user, giving greater insight which can provide significant

value to different parts of the supply chain

Identifying all the possible revenue streams and additional value opportunities needed to unlock the full

potential of the technology

Plan to start small and experiment with IoT technologies to find the right offering. And stay aware

of critical technologies that are enabling the IoT.

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