track 3 session 3 - st dev con 2016 - flex - modern product developmert for iot solutions
TRANSCRIPT
By 2020, the Intelligence of Things
will bring 50 billion connected devices to
market, creating $7.1T in TAM.(versus an estimated 10 billion connected devices today)
Cisco 2013 & IDC 2014
Intelligence
Age
152x every
years
Information
Age
252x every
years
Modern
Age
402x every
years
2010
Source: World Bank, Maddison Project, De Long- UC Berkeley
Industrial
Age
1002x every
years
100
1,000
10,000
Ave
rag
e w
orld
GD
P p
er
ca
pita
($
US
D)
0
10
20
30
40
50
1880 1900 1920 1940 1960 1980 2000
Electricity (46 yrs)
1873
Telephone (35 yrs)
1876
Radio (31 yrs)
1897Television (26 yrs)
1926
PC (16 yrs)
1975
Mobile (13 yrs)
1983
Web (7 yrs)
1991
Faster
technology
adoptionYears until
used by 25% of
U.S. population
Ye
ars
Source: Economist 2014
The Opportunity is in Every Sector
Potential
economic
impact in
2025
e.g.10-20% chronic
disease cost reduction
$2 TRILLION
e.g. 2.5-5% operating
cost savings
$500 BILLION
e.g. 25% vehicle damage
cost reduction
$200 BILLION
e.g. 10-20% increase
in crop yield
$100 BILLION
e.g. 100% connected
device growth
$1 TRILLION
e.g. 25% cloud-driven productivity from
reduced IT infrastructure footprint
$2 TRILLION
Source: McKinsey Global Institute
INVENTION
Creation of a new idea or method
without understanding of
markets
Invention, Innovation and Improvement
V
ES
INVENTION
Creation of a new idea or method
without understanding of
market
INNOVATION
Application of better solutions that meet
new requirements or existing market needs
Invention, Innovation and Improvement
V
ES
IMPROVEMENT
Doing the same things better –usually more
efficiently
INVENTION
Creation of a new idea or method
without understanding of
market
INNOVATION
Application of better solutions that meet
new requirements or existing market needs
Invention, Innovation and Improvement
V
ES
Creation of a new ideaor method without
understanding of how it will make things better
INVENTION
Application of better solutions that meet new requirements or existing
market needs
INNOVATION
Doing the same things better – usually more
efficiently
IMPROVEMENT
V
ES