iot week bilbao 2018 novel business models smart cities · 2018. 5. 6. · ajith balakumar...

IoTWeekBilbao2018

NovelBusinessModelsfor

SmartCitiesAjithBalakumarForthcodeTechnologies

DeepLearningBlockchainInternetofThings

Catalysts:ChangeinBusinessModels

ExistingStakeholderstoadoptnewbusinessmodels

NewStakeholderswithnewbusinessmodels

Canexistingstakeholderscontrolthebusiness?

ChangeinBusinessModel

Risk:AclassactionlawsuitinBakersfield,Californiaclaimsnewlyinstalledsmartmetersinflatecustomerselectricityandgasuse,resultinginsteephikesinutilitybills.Theplaintiffs,agroupofabout200residents,aresuingPacificGas&Electric,theirutilitycompany,andWellingtonEnergy,thecompanythatinstalledthemeters.(2009)

GenerateValueEconomicand/orSocial

SustainabilityofProject

AccountabilityofStakeholderCoordination

AccountabilityofContract

GAASinStreetLightProjectG(E)–SavingsinEnergy,MaintenancecostG(S)–improvequalityofservice,SafetyA(i)–Improvedinformationflowbetweengovt,citizen,Productowner,andMaintenancecompanyforbettercollaboration.A(ii)–Performancebasedbilling,Real-timedataanalytics.S–VisibilityoflifetimeCostofoperationandresponsibilityofstakeholders

Thank you Ajith Balakumar

ajith@forthcode.com