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TRANSCRIPT
Internet Of ThingsHype or Reality?
Presented by:
Michael Hathaway, Founder, CTO Information Xchange, Inc [email protected] www.information-xchange.com
What Is The Internet of Things?
“Internet connected devices and systems that transfer data without human-to-human or human-to-computer interaction”
Definition:
Abbreviation: IoT
IoT In A NutshellData Analytics Mobile Applications Web Applications
SecuritySystems Wearables
ControlsMultiMedia Energy
SystemsSensors/ MetersTHINGS
A Brief History: The Emergence Of IoT 1969 Arpanet
Networked servers 1982 TCP/IP ( The Internet)
Networked computers, servers 1989 World Wide Web
User friendly graphical interface 2000 Mobile Computing
WiFi
Mobile data networks 2003+ IoT
Network Connected Devices
Machine to machine applications Sensors, Controls, Multimedia
IoT Timeline
Market and Technology Drivers Mobile Processors
Smarter, Smaller, Cheaper, Low Power Open Data Standards
REST API, JSON, XML Mobile Web App Standards
HTML5, Android, Apple iOS Internet Multimedia Content
Netflix, Hulu, HBO Go VC and Corporate Investment
Over $1.6B invested in IoT Startups in 2014 Venture Capital
7.1 Trillion Dollar Market by 2020
The IoT Stack
IoT Device & Premises Management
IoT Platforms
Application Frameworks
Wearables Controls & Sensors Multimedia
Information Management Messaging Services Security & Permissions
Mobile & Web Development Data Analytics
Things
Applications & Services
Access Security Device Discovery Connectivity
Semiconductors
Cloud Platforms Analytics Asset & Profile Management
Processors SoC
IoT Today: Wearables
● Happening today
● Few infrastructure dependencies
● Fueled by low cost, low power, specialized microprocessors
IoT Today: Commercial & Industrial
Access Control Lighting HVAC Energy Sub-Metering
Legacy (Non-IP)G4
Internet ProtocolNETWORK PROTOCOLS
Ethernet
● High growth market for mobile, web and big data applications
● Includes large install based of non-IP legacy equipment
● Large market today with significant growth projections
IoT Today: Home Automation
● NEST leads the way● Connects to Internet via WiFi
● Acquired by Google for $3.2B
● Cluttered Home Automation Market● Too many Non-Internet protocols
● No single protocol dominates
● Presents a barrier to the IoT Home
Emerging IoT Standards
● Addresses the home automation protocol problem
● Two battling standards: AllJoyn & OiC● Qualcomm vs Intel
● Will impact widespread adoption
● Creates a VHS vs Betamax problem for consumer market
The IoT enabled Smart Home is a ways off!
Emerging IoT Markets: Smart Cities
● Expansion of Smart Grid initiatives ● Smart grid networks failed to deliver on promise● Network constrained to reading smart meters once a month
● Smart Cities establish a utility Internet network● Connecting multiple systems● Distributed energy● Micro Grid● Water Management● Traffic controls● Lighting ● Security Systems
Presents highly visible opportunities for innovation
Industry Challenges Security, Security, Security
Controlling devices remotely via the Internet
Permissions and Access IoT Standards
Battling consumer standards will delay IoT Smart Homes Legacy equipment and standards
Home automation protocols must be replaced by Ethernet/WiFi
Confusion Most folks aren't even aware that the IoT train has left the
station
IoT In Austin IoT landscape in Austin
– There is a small and growing number of IoT startups
– Few if any local IoT investors
Raising IoT awareness in Austin Creating IoT-Austin consortium
Coordination of IoT activities in accelerator and incubation labs
Investor and community education
Connecting Austin startups to Silicon Valley community
Summary IoT is real and happening
– Wearables will be driven by semiconductor innovations
– Commercial & industrial market is thriving
IoT Home will be dominated by proprietary solutions
– NEST and others will develop their own ecosystems
– IoT standards adoption will take several years to solidify
Billions is being invested in IoT
– $1.6B in 2014, $1B in 2013
– Primarily from Silicon Valley investors
– Market is on a multi-trillion dollar trajectory