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What is Internet of Things (IoT) ? Examples: heart monitoring implants, sensors at offices & buildings , also biochip transponders on farm animals. 26 billion devices on the Internet of Things (2020) 30 billion devices will be wirelessly connected (2020) 83 percent—agreed Free Wave Technologies
History 1991-94 Reza Raji (http://spectrum.ieee.org/) Bill joy D2D Kevin Ashton Human Work 50 petabytes = 1024 terabytes Now 2014
Internet of Things. A proposed development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data. "if one thing can prevent the Internet of things from transforming the way we live and work, it will be a breakdown in security"
Internet of things – Product Applications Dell Launches Internet of Things Lab In California What Will Smart Vehicles Look Like?
Gartner Says the Internet of Things Will Transform the Data Center Gartner has identified the following potential challenges: Security Enterprise Consumer Privacy Data Storage Management Server Technologies Data Center Network
Google's Driverless Car, The Internet Of Things, And George Orwell Believe the Hype: The Internet of Things Is No gimmick.
What Will Smart Vehicles Look Like? Internet refrigerator
Intelligent. Intuitive. Innovative. Trends of internet of things
Track Collects Calculates Reminds Alerts
A bathroom cabinet that lets you know when it’s running low on toilet paper could be worth its weight in gold.
Concept of smart homes Automated Technology Communication Video Monitoring Security and Protection Household management Entertainment and luxuries
Shared awareness Programmable lifestyle Open source access Behavioral nudge: Emotional response Contextual experience Adaptive machines Distributed intelligence Environmental whisper Anticipated action CONTD..
What IoT means for your Business Notifications from everyday appliances around you. Non computers are the given the ability to communicate data freely over the internet.
10 companies making the IoT a reality If there was any doubt, the Internet of Things (IoT) is a very real trend and it's just a matter of time before IoT has a significant impact on the way we live our lives. These were the top 10 companies on display at the World Forum, many of which are helping IoT move from vision to reality. 10. Freescale 9. Grundfos 8. Rockwell Automation 7. Zebra Technologies 6. Bosch 5. Schneider Electric 4. AGT International 3. City of Barcelona 2. SAP 1. Cisco
Contd.. Closer to Home IT firm Persistent Systems – New Delhi will invest $ 100,000 in Pune- based products company, Altizon.
Work, and the functions of work, will therefore become more sentient, anticipatory and predictive In the future, people will increasingly barter, exchange, borrow or rent rather than want to own products. Shift in the mode of Business
How IoT will revolutionize business 1. More efficient, real-time operations 2. New business opportunities 3. More cyber-security and privacy concerns
Conclusion IoT is a fast approaching reality. Managers must learn to embrace it and welcome the change and enhancement it brings along.