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How the Internet of Things is going to change your product roadmap. Sean Gately Datawatch OEM

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Page 1: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

How the Internet of Things is going to change your product roadmap.

Sean GatelyDatawatch OEM

Page 2: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Today’s Agenda

• Internet of Things Landscape• How Smart Data changes the product landscape• Why Your application needs to get smarter• What Challenges you need to overcome to use IOT• How to be a super-data hero to your clients

Page 3: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

About Datawatch

NASDAQ: DWCH

Pioneer in real-time visual data discovery and data preparation

Global operations and support § US, UK, Germany, France, Australia,

Singapore, Philippines

Extensive global customer base§ 99 of the Fortune 100§ 12 of the 15 largest financial institutions

Resold and embedded by leading vendors

Visual Data Discovery enabling more meaningful and timely decisions for next generation analytics.

Page 4: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

The Internet of Things

The network of physical objects accessed through the Internet, as defined by technology analysts and visionaries. These objects contain embedded technology to interact with internal states or the external environment.

Page 5: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Where will your data come from?

Internet of ThingsWeb clickstreams

Machine data / log filesEnterprise applications

Human generatedCommercial data

Page 6: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

IoT: Industrial & Consumer

Industrial & Commercial Consumer

Page 7: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

What is The Internet of things really?

Lots of Smart Connected Data

Fragmented“Data Objects”

Seemingly disparate data from multiple sources to create a clearer picture

Page 8: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Mosaic Source Product Camp SoCal Photos

Page 9: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Legacy Things vs. Data Smart IOT Things

Page 10: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

The Next Wave of Business Transformation

Analytics have been transformative in wide areas of customer and product service. Sensor enabled industrial analytic applications are the next frontier.

Source: Industrial Analytics: The Next Wave of Business TransformationGartner, March 2014

Page 11: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

The Industrial Internet: Enabled by the convergence of technology, machines, data and connectivity

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By 2020, the number of things connected to the internet will be approximately 7x the number of people on earth today.

BILL

ION

S O

F DE

VICE

S

TIMELINE

INFLECTION POINT

6.8 7.2 7.6

12.5

25

50Billion“Smart Objects”

WORLD POPULATION

Rapid AdoptionRate of DigitalInfrastructure:5X Faster thanelectricity andtelephony

Page 12: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence
Page 13: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Smart Machines

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This is what people thought when we said smart machines

6 Billion“Smart Phones”

“I believe that at the end of the century the use of words and the general educated opinion will have altered so much that one will be able to speak of machines thinking without expecting to be contradicted.”Alan Turing, 1937

By 2020

Page 14: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

A Very Smart Drill.

• Accelerometer aware drill bits for horizontal drilling

• Logging while drilling• Better use of collected data

while drilling• Modeling from data• Oil production increased

200-300 percent

Page 15: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Machines are getting Smarter

Page 16: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Let’s Zoom In – IOT is Evolving now.

• Utilize non traditional smart data.

• Create an attractive user experience with data.

• Create a flexible platform to share data.

• Prescribe Information.

Page 17: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Smart Data is Changing Industry Now

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Aviationfuel cost saving

in aviation industry

Buildingfuel cost saving

in gas powered fleets

Healthproductivity

improvement in healthcare

Industryreduction in

Cap X in oil & gas exploration and development

Travelproductivity

improvement in rail industry

Smart “things” are changing every industry

Page 18: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Real Potential to Innovate

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Innovation is taking two things that already exist and putting them together in a new way.

Tom Freston

Page 19: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Savings and growth opportunities across every industry

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$30Bfuel cost saving

in aviation industry

$66Bfuel cost saving in gas powered

fleets

$63Bproductivity

improvement in healthcare

$90Breduction in

Cap X in oil & gas exploration

and development

$27Bproductivity

improvement in rail industry

1% savings from efficient Industrial Internet solutions could save billions in operational costs

Page 20: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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Client ServerData driven

Form OrientatedData Entry

Single Data Source

Web 2.0Embedded Widgets,

Workflow DrivenMultiple Data SourcesApplication Integration

Web 3.0IOT Data

Predictive QualitiesPrescriptive Qualities

Multi-Connected EnvironmentPlatform

Your legacy applications will need to get smarter to maximize IOT data.

Page 21: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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Client ServerData driven

Form OrientatedData Entry

Single Data Source

Web 2.0Embedded Widgets,

Workflow DrivenMultiple Data SourcesApplication Integration

Web 3.0IOT Data

Predictive QualitiesPrescriptive Qualities

Multi-Connected EnvironmentPlatform

Your legacy applications will need to get smarter to maximize IOT data.

Page 22: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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Client ServerData driven

Form OrientatedData Entry

Single Data Source

Web 2.0Embedded Widgets,

Workflow DrivenMultiple Data SourcesApplication Integration

Web 3.0IOT Data

Predictive QualitiesPrescriptive Qualities

Multi-Connected EnvironmentPlatform

Your legacy applications will need to get smarter to maximize IOT data.

Page 23: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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Client ServerData driven

Form OrientatedData Entry

Single Data Source

Web 2.0Embedded Widgets,

Workflow DrivenMultiple Data SourcesApplication Integration

Web 3.0IOT Data

Predictive QualitiesPrescriptive Qualities

Multi-Connected EnvironmentPlatform

Your legacy applications will need to get smarter to maximize IOT data.

Page 24: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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“It marks the transition into a new phase of the Web, where we stop searching and start finding.”

“The Semantic Web is not a separate Web but an extension of the current one, in which information is given well-defined meaning, better enabling computers and people to work in cooperation.”Tim Berners-Lee

Page 25: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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“It marks the transition into a new phase of the Web, where we stop searching and start finding.”

2.0

3.0

Page 26: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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“It marks the transition into a new phase of the Web, where we stop searching and start finding.”

IOT is PeopleCrowdsourcing Malaria Diagnosis

Page 27: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Cloud Apps Show us a glimpse.

• Often Platforms.• More likely to integrate

information. • Prescribe

Recommendations. • They Learn user patterns.• Use Application data to

display information. • Break down the sharing

barrier. (Login with…)

Page 28: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

6 Ways to prepare your product for IOT

Embrace the Web

Prepare to be flexible with data

Utilize in motion and legacy data

Think about compelling visual user experiences

Allow the user to discover their own data trends

Suggest potential outcomes

Page 29: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

General challenges to overcome with IOT

Why, How, When, Who

Privacy Security AdoptionInfrastructureBig Data Development

Page 30: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Internal Challenges to Overcome

Data Blue Print Infrastructure Creating a Great Product

Challenges, Time to Market

Page 31: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

External Challenges to Overcome

Marketing Ecosystem Adoption Agility To Change

Time to Market, Successful Offering

Page 32: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

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Target knows your teenage daughter is pregnant before you do!

Guest ID Number

Credit Card

Name & Email

Compared with Pregnant buyers

Data from Machine Data

Analysis of Data

Baby Coupons

“My daughter got this in the mail!” he said. “She’s still in high school, and you’re sending her coupons for baby clothes and

cribs? Are you trying to encourage her to get

pregnant?”

“I had a talk with my daughter,” “It turns out there’s been some activities in my house I haven’t

been completely aware of. She’s due in August. I owe you an

apology.”Unknown Man

Errors can Happen (Fictional Example 1)

Page 33: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

With Challenges comes rewards

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$30Bfuel cost saving

in aviation industry

$66Bfuel cost saving in gas powered

fleets

$63Bproductivity

improvement in healthcare

$90Breduction in

Cap X in oil & gas exploration

and development

$27Bproductivity

improvement in rail industry

1% savings from efficient Industrial Internet solutions could save billions in operational costs

Page 34: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

How to be a Data Super Hero for your clients

Page 35: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

6 Requirements of a Data Superhero

With Great (IOT) Data Comes Great Responsibility

Prepare for Real Time Data

Create a compelling data user experience

Predict and Prescribe outcomes

Make it easy for them

Think Automation.

Page 36: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

Gartner’s 2014 Predictions

Source: Gartner’s Predicts 2014 – Nov 2013

Major changes are imminent to the world of BI and analytics

Page 37: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence
Page 38: How the Internet of Things is going to change your product ...productcampsocal.weebly.com/.../sean_gately_-_internet_of_things.pdf · The Industrial Internet: Enabled by the convergence

[email protected]

linkedin.com/in/sgately@SeanGately11