This presentation covers the history of the IoT, its various phases in the Gartner Hype Cycle, why we should care about the IoT, specific industry segments, local Minnesota success stories and some closing thoughts... all on the Internet of Things. Interesting Google Trends and charts on future growth of the IoT are covered as key component as a well.
The Internet of Things - What It Is, Where Its Headed and Its Applications
1. The Internet of Things
What it is, where it’s headed and its applications
Justin Grammens
IoT Educator / Entrepreneur / Leader
2. What We Will Cover
• About Me
• What is the Internet of Things?
• Hype Cycle and Current Trends of the IoT Today
• Why Care?
• Industry Segments
• Local Success Stories & Community
• Closing Thoughts
3. About Me
• Entrepreneur and co-founder of Recursive Awesome & Code42
• Thought leader in emerging technology
• Professor at the University of St. Thomas teaching on IoT
• Mobile Twin Cities and Mobile March Conferences
• Co-founder of IoTFuse : Non-Profit to promote IoT
• Arduino.MN, IoTHackDay and IoTFuse Conference
• IoTWeeklyNews - Newsletter covering IoT Trends
4. What is the IoT?
• Formal: The Internet of Things (IoT) is the network
of physical objects or "things" embedded with
electronics, software, sensors, and network
connectivity, which enables these objects to collect
and exchange data.
• Practical: Anything can be connected and
communicate in an intelligent fashion. In other
words, with the Internet of Things, the physical
world is becoming one big information system.
6. What is the IoT?
• Kevin Ashton coined the term in 1999 at MIT
• Originally focused on Radio Frequency Identification
(RFID)
• Root concepts similar to Machine to Machine
communication (M2M)
• Expands M2M to everything to creating automation
in every field
• Has now reached “hype” stage today.
14. Why Care?
• Google - Purchased Nest for
$3.2 billion
• Intel - $529 million revenue from
IoT Division vs. only $51 million
from mobile unit.
• Apple - Homekit / HealthKit
opportunities
• Samsung - Purchased
SmartThings for $200 million
• IBM - Spending $3 Billion to
build an IoT Division
15. Why Care?
• Open hardware is having same
effect as open source software
• Arduino
• Low Cost
• Low Power
• Well Supported
• Excellent for LEAN
prototyping
16. Why Care?
• Major technology convergence occurring
• Bigger than the explosion of mobile in 2007
• Cheap hardware and low cost of networks
• Explosion of 3D printing for low volume runs
• Low cost cloud infrastructure
• Consumers appetite to track things
• Standards starting to emerge - BLE, NFC, Zigbee
• Ubiquity of mobile devices for data access
31. IoT Community
Mission:
This non-profit 501(c)(3) organization, based in Minneapolis, helps align
the world toward a vision of where the Internet of Things is today, where it
is headed in the future, and how technology can improve the physical world
in which we live.
We accomplish this through a yearly conference, hackathons and meetups
dedicated to enabling IoT startups and innovation.
32. Final Thoughts
• It might take time before people are
comfortable and embrace the IoT.
• Driverless elevator invented in
1900. The public hated it and some
people died.
• Added elevator drivers until a strike
in NYC in 1945.
• Industry convinced public that
driverless was safe, but it took
more than 50 years.
• Hopeful that IoT is much faster. But
it has been 15 years!
33. Final Thoughts
• Industry must focus on key areas to increase adoption
• Security
• Data Silos
• Interoperability
• Create Applications Where It Make Sense
• When you have a hammer, everything looks like a nail
34. Final Thoughts
• Web 1.0 - Connecting People to the Internet
( Browser )
• Web 2.0 - Connecting People to People ( Social
and Mobile )
• Web 3.0 - Connecting Objects to People and
Objects to each other ( IoT )