the internet of things
TRANSCRIPT
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What is The Internet of Things (IoT)
Source: Wikipedia
The Internet of Things (IoT) is the network of physical objects or "things" embedded with electronics, software, sensors and connectivity to enable it to
achieve greater value and service by exchanging data with the manufacturer, operator and/or other connected devices. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure.
Another words: Physical world connected by using the internet as the backbone.
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64% say the reason they haven't purchased
an in-home IoT device is because they were not aware that smart fridges and smoke detectors are even available for purchase;
40% didn't know that wearable technology was available. Lack of perceived value of IoT and wearables is the top barrier to mass adoption.
× survey of 2,000 US consumers about their perceptions of IoT, wearables, and in-home smart devices conducted by Acquity
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71% of survey respondents said they'd buy a smart refrigerator instead of the standard model, and
76% would purchase a smart smoke or CO2 detector if the products were offered at the store.
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Although 23% of people have concerns with the price of in-home devices and 19% have concerns with wearables' prices, most said they'll pay a premium for connected technology such as a smart smoke alarm if it makes them feel safer.
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40% of consumers would share data from their wearable devices with retailers or brands in exchange for coupons, discounts, or helpful information, compared
to only 9% who would do so without incentives.
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Right now, only about 4 % of people own an IoT device and only slightly more — 7 % — own some kind of wearable.
But the figure is expected to
double within a year. In the next
two years, 30 % of consumers will obtain an in-home IoT device and
that could climb to 69 % in the next five years. 0
10
20
30
40
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80
Now 1 year 2 years 5 years
%
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Wearable fitness devices are expected to see the fastest rate of adoption in the next five years with 13 % of consumers planning to buy a device in the next year and 43 % in the next five years.
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The next most popular device will be smart watches, with 5 % expected to invest in the next year, 8 % by the end of 2015 and 25 % in the next five years.
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Smart clothing is less likely to catch on and adoption will be slower. In the next five years, a total of 14 % of consumers expect to own smart clothing and 16 % expect to own a wearable headset device.
× survey of 2,000 US consumers about their perceptions of IoT, wearables, and in-home smart devices conducted by Acquity
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Challenges in IOT
× Sensing a complex environment × Connectivity × Power management × Security × Standards
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City infrastructure
Source: http://liftconference.com/ Source: Deutsche Telekom
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Adaptation challenges
Source: http://liftconference.com/ Source: teambmarketing,com, k3dav.com
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Potential: How big will IoT be?
Source: http://liftconference.com/ Source: postscapes.com
$14.4 Trillion by the end of the decade 2 billion objects in 2006 to a project 200 billion by 2020 the potential economic impact of the Internet of Things to be $2.7 trillion to $6.2 trillion per year by 2025 Expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 The Internet of Things will include 26 billion units installed by 2020
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Opportunity is now (maker movement)
Source: http://liftconference.com/ Source: instructables.com
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Opportunity is now (maker movement)
Source: http://liftconference.com/ Source: DUPress.com
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Few practical examples (my connected home)
Source: http://liftconference.com/ Source: Casa de Torstila