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Sajith Wimalaratne & Jake Sprouse
Extracting value with the
Internet of Things
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By 2036 there will be 1
trillion connected devices
with 10 billion users and $20
trillion in revenue.
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Why should the industry care
about the IoT?
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Changing the way
consumers purchase and
engage with brands
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The User Experience
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The Disney MagicBand
enables a seamless,
personalized user experience
within a connected venue.
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Opportunities that the IoT brings
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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
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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
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Vision
Data security and privacy Skills
Business Culture
Challenges associated
with the IoT
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IoT Strategy
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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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