gaurav sood - internet of things

INTERNET OF THINGS

ATP InnovationsThursday 20th March

2

Thanks to ATP Innovation!

3

HealthTechSydney

Birthday!!!

4

GAURAV SOODPRODUCT STRATEGYMBA, IE BUSINESS SCHOOL

E: sood.gaurav@gmail.comT: @GauravInnovateLN: www.linkedin.com/ln/gauravsood

HEALTHTECH SYDNEYThe Healthcare Education and Innovation Community

www.healthtechsydney.com.au

Email: hello@healthtechsydney.com.auTwitter: @HTSydney

The Healthcare Education and Innovation Community

7

THE INTERNET OF THINGS

OPPORTUNITIES & CHALLENGES

8

Machines can do the work …

… so, people have time to think.

Lyrics: Machines Work, B(IF)TEK

9

Overview1. WHAT IS IOT?2. WHAT IT MEANS FOR YOU3. TECHNOLOGY4. OPPORTUNITIES5. USE CASES6. ADOPTION ENABLERS7. CHALLENGES8. WAY FORWARD9. SPEAKERS

?

11

What is Internet of Things?

SENSOR & INTERNET ENABLED DEVICES—MEASURING & TRANSMITTING

INFORMATION AWARE

—INTERCONNECTED—DEPENDENCY AWARE

INTELLIGENT—ALGORITHMIC DECISION MAKING

12

‑ Learns your habits

‑ Controls your environment

‑ Reduces your energy bill

13

‑ Remote control for lights

‑ Timed & pre-programmable

‑ Link to notification/alerting

‑ Optimal lighting

14

DIKWWISDO

MKNOWLEDG

E

INFORMATION

DATAAssimilation of vast amounts of data to meaningful information

Synthesis of information to knowledge

15

What it means for you

SAVING TIME: SUPPLY CHAIN, TRAFFIC, INVENTORY

SAVING ENERGY: GRID, WEATHER & PERSON AWARE APPLIANCES

SAVING MONEY: LIVESTOCK LOSS, AGRICULTURE PROTECTION

IMPROVING LIFESTYLE: DIET, EXERCISE, SLEEP, TRAVEL

16

More Mental Bandwidth

Increased Leisure Time

Data Driven Behaviour

Resource Optimisation

Higher Level Problem Solving

17

Internet

Networked system

User “Console Applications”

Intelligent Controller “Devices”

“Sensors & Protocols”

18

Single Home with sensor enabled smart devices“A System”

19

20

Grid connected smart homes“A System of Systems”

Optimising energy consumption/production

21

THE SMARTER & MORE INTERCONNECTED THE SYSTEM OF

SYSTEMS

THE LARGER THE POTENTIAL BENEFIT

22

$14.4 Trillion in Revenues and Cost Savings by 2023.

Services and consulting key revenue stream.

Cisco

23

Opportunities1. ALGORITHMS & PROTOCOLS PATENTS

(LICENSING)

2. INTELLIGENT DEVICES (SALES & PATENT LICENSING)

3. CONSOLE APPLICATION DEVELOPMENT & CONFIGURATION (CONSULTING)

24

25

Use Cases1.Supply Chain

2.Personal & Home

26

Supply Chain1. Preventing stock-outs via automatic re-

stocking2. Reducing travel costs and miles, lower

time to market3. Matching manufacturing to demand4. Higher profitability and revenue potential5. Real-time customer order tracking6. Order customisation

27

Personal & Home1. Biometrics: tracking diet, medicine,

sleep, exercise

2. User experiences: Optimising travel, automatic purchasing, recommendations, life style

3. Increasing free, leisure and family time

28

Proteus Digital Health

“Half of all medicines not taken as prescribed”

29

www.proteus.comhttp://vimeo.com/45229049

30

Adoption Enablers SENSORS

1. Increasing variety & strength: biological, nano, fabric, electronic

2. Inexpensive3. Ease of acquisition/integration

31

Adoption Enablers SMART DEVICES

1. PHONES/CARS/FRIDGES/TVS/LIGHTING/ROBOTS

INTERNET (IPV6, CLOUD, ANALYTICS)1. HIGH CAPACITY DATA NETWORKS2. ANALYTICS/ALGORITHMS AS A SERVICE3. CENTRAL REVIEW/ANALYSIS (CLOUD/WEB)

32

Adoption Enablers

THE “MAKER CULTURE”: CREATION AS A HOBBY— QUANTIFIED SELF— OZBERRYPI

33

Challenges INTEGRATION

— MESSAGING PROTOCOLS— MESSAGING FORMAT STANDARDISATION

COMPLEXITY— ALGORITHM IMPLEMENTATION & OPTIMISATION

NASCENT LABOUR SKILL— NICHE BUSINESS AND TECHNICAL SKILLS

34

Way Forward COLLABORATION

— INDUSTRY COLLABORATION ACROSS ‘SYSTEMS’— MEANINGFUL AND VALUE DRIVEN COMMUNICATION

STANDARDISATION— COMMUNICATION, SECURITY, PLATFORMS, META-

DATA

INCENTIVES— ALIGNMENT TO REDUCE COSTS WHILE IMPROVING

EXPERIENCE AND GROWING REVENUES TOGETHER

35

Speakers1. Dennis Silvers: Manager, Emerging

Industries

2. Treffyn Koreshoff, UTS

3. Andrew Stone: Founder, DrivenLogic

4. Ewan Le Bouris: Founder, SAFE MATE Australia

36

Dennis Silvers

Innovate NSWeHealth 27th March

NSW Govt Trade & Investment

37

Treffyn Koreshoff

“Human-centric smart object design for aged care

in home”

38

Andrew Stone

“OzBerryPI – the hacker/maker community”

#ozberrypiwww.meetup.com/OzBerryPi

39

Ewan Le Bouris“An innovative community

program for surfers and beach-goers who care about his/her

own safety.”

www.facebook.com/SafeMateAustralia

Help?Ideas?

People?Feedback?

Pitch and Bitch

Pitch ClubThursday 3rd AprilATP Innovations

42

Thank you!

43

References FWTHINKING:

HTTP://WWW.YOUTUBE.COM/WATCH?V=LVLT4SX6UVS IBMSOCIALMEDIA:

HTTP://WWW.YOUTUBE.COM/WATCH?V=SFEBMV295KK WHAT’S HOLDING UP THE IOT, READWRITE:

HTTP://READWRITE.COM/2013/06/14/WHATS-HOLDING-UP-THE-INTERNET-OF-THINGS

SPARK, KICKSTARTER: HTTP://WWW.KICKSTARTER.COM/PROJECTS/SPARKDEVICES/SPARK-UPGRADE-YOUR-LIGHTS-WITH-WI-FI-AND-APPS/

NEST: HTTP://NEST.COM/LIVING-WITH-NEST/#MEET-THE-NEST-LEARNING-THERMOSTAT

CISCO’S IOT VISION IS ABOUT SERVICES & GEAR, GIGAOM: HTTP://GIGAOM.COM/2013/06/28/CISCOS-INTERNET-OF-THINGS-VISION-IS-MORE-ABOUT-SERVICES-THAN-GEAR/