NAVIGATING THE ECOSYSTEM FOR IOT USE AND MONETIZATION: A YOUTH

PERSPECTIVE

Christian

Barran

INTERNET OF THINGS

EXAMPLE OF IOT– POT HOLE DETECTOR

Is this a Profitable Venture?

Sensor - Location

Sensor - Hole

Brain

Cloud Gateway

Cloud

Instructions

Problem – Pot hole

MY TEAM

Christian Barran

Electronics and Computer Systems

Operations and Procurement

Varoun Hanooman

Computer Systems

Projects and Marketing

Nicholas Hosein

Controls and Computer Systems

Legal and Finance

WHY DID WE START? Passion for Electrical and Computer Engineering

o Specialised in Electronics and Computer systems

o Products that can bring in foreign exchange – BIG DATA?

o Increasing number of new IOT development platforms

BUSINESS OPPORTUNITIES

FINISHED UWI

Animus Engineering LTD – JUNE 2016

Ebike Website development

Second IOT Project

Custom Engineering solutions

- cashless device system with WiPay for Unipet

- waiting for approval

Met the own of vending plus

REALITY

BUSINESS OPPORTUNITIES – WATER LEVEL SENSOR

First real IOT Project: Water Level Sensor

By the Engineering Project and Innovation Club (EPIC)

Saw a problem

Prototyping

Approached Vendors

Sensor

Water Level

Height

Level

Distance

WATER LEVEL SENSOR

BUSINESS OPPORTUNITIES – ANIMUS

Animus Engineering LTD – JUNE 2016

o Ebike

o Website development

o Custom Engineering solutions

BUSINESS OPPORTUNITIES – ANIMUS EBIKE

BUSINESS OPPORTUNITIES – ANIMUS EBIKE

BUSINESS OPPORTUNITIES – ANIMUS

Second IOT Project – Unipet loyalty Card

o Partnership with WiPay

o Cashless payment at pump

o Networking

BUSINESS OPPORTUNITIES – ANIMUS AND WIPAY

BUSINESS OPPORTUNITIES – CLEAR WALL

September 2016

- No Funding for Animus

!! SOLUTION – Clear Wall Technology LTD

AVENUES WE TOOK

*Networking is Key

o The University of the West Indies

o Economic Development and Advisory Board – Still in Communications

o Export TT

o The Caribbean Industrial Research Institute (CARIRI) – Still in Communications

o MIC Institute of Technology

o Talking to Potential Costumers

o Talking to experienced persons – Still in Communications

OTHER OPPORTUNITIES – MELON

OTHER OPPORTUNITIES – LASER TAG

TECHNICAL CONSIDERATION

DEVEOPLEMENT PLATFORM – architecture , language , tools

COST – hardware , servers, internet , testing, manufacturing

HARDWARE AND SOFTWARE REQUIRMENTS – memory, battery life, power, distance

TIME – to market, development , testing , manufacturing

STUMBLING BLOCKS AND OBSTACLES Internal:

Conflicting Ideas

Expectations

Work delegation

External:

Communication Skills

Committed Communication

Costumer expectations

Making Proposals that Sell

Manufacturing

STUMBLING BLOCKS AND OBSTACLES Internal:

Conflicting Ideas – Communication

Expectations – Understanding

Work delegation – Project management Tools

External:

Communication Skills - Practice and read books

Committed Communication – Following Up

Costumer expectations - Be clear

Making Proposals that Sell – Sending them to Experienced persons before hand

Manufacturing – Cariri and Learning the Chinese manufacturing process

2017

Today

May Jun Jul Aug Sep Oct Nov Dec 2017 Feb Mar Apr

Water Level Sensor - revive

5/18/2016

EBIKE PROJECT Prototype 1

6/1/2016

Started Animus Engineering

6/8/2016

WiPay and Unipet - Requirements

6/15/2016

EBIKE + UWI ADARA

7/1/2016

Water Level Sensor - Prototype

7/7/2016

Water Level Sensor - Rotoplatic

7/20/2016

Water Level Sensor -Suspended

7/30/2016

EBIKE Prototype 2 completed (no more funding)

9/1/2016

WiPay Unipet Prototype 1

9/11/2016

Started Clear Wall

9/21/2016

Discussions with UWI to fund Bike

9/28/2016

Proposal from Vending Plus

10/5/2016

Key Areas for diversification for T&T - Dr. Farrell

10/19/2016

WiPay Unipet Suspend waiting on approval

10/20/2016

Meeting with EDAD - Dr. Swift

11/1/2016

Link and Meeting Export TT

11/8/2016

Clear Wall Jobs

11/15/2016

Melon- prototype completed

11/22/2016

Link and Meeting Cariri

12/1/2016

Ebike Suspended

1/3/2017

Melon - Suspended till further approval

1/5/2017

Clear Wall-Level UP Point of Sales Development

1/19/2017

Cariri -Lasertag revived Kickstarter

2/1/2017

POS - demo and improvements

2/15/2017

Laser Tag user feedback

3/2/2017

Laser Tag Market Reseach

3/8/2017

Laser Tag Demo to Cariri

4/20/2017

Meet manager of Vending plus

7/12/2016

Started work on Melon

10/12/2016

Cariri - Ideas

12/18/2016

Cryptocurrency Research

3/1/2017

NEXT STEPS Laser tag – Working with Cariri

- Kickstarter

- Licencing Agreement

Clear Wall Point of sales

Cryptocurrency

Mentorship and Advice –

Vijay Pradeep, Malcom Marquez, Dr. Kieron Swift, Jeevan Persad ,Laura DaBreau, Dr. Ronald DeFour

More Networking – Like today!!

INFORMATION LINKS YouTube: The Hardware Start-up: From Prototype to Production

https://strategyzer.com/

Business Canvases and Tools

Books:

Crucial Conversations – Patterson, Grenny, McMillian, Switzler

Mavericks at Work – Williams C. Taylor & Polly LaBarre

Good To Great – Jim Collins

The 7 Habits of High Effective People- Stephen R. Covey

Business Planning – David Butler