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Everything you always wanted to know about the Internet of Things but were too afraid to ask

Everything you always wanted to know about the Internet of Things but were too afraid to ask

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Everything you always wanted to know about the Internet of Things but were too afraid to ask

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  1. Everything you always wanted to know aboutthe Internet of Things but were too afraid to ask • Ian Banner

  2. What is the Internet of Things? • Stuff connected to stuff • A.k.a. Internet of Everything • Internet comes to the Physical world • Born? in 2009 >7m ‘things’ • 50B by 2020 (often quoted) • 6m smart phones in UK • 420m iPads worldwide

  3. The power of exponentials • Arkwright's Spinning Jenny • Gutenberg’s Printing Press 99.65% 90% A hand scribed book would cost you around £20,000 in today’s money. Gutenberg brought the price down to around £70 • Henry Ford Mass Production • The data revolution 90% = $0.01

  4. Smarter Life SMART CARS SMART HOMES SMART TRAFFIC SMART CITIES

  5. Stride – Key findings • Apps become the new ‘sensors’ – a mobile sensor revolution? • Services from a central information hub enable multiple ‘small’ disruption applications to be written with little development and infrastructure costs • Current development platforms will be extended to include in-car platforms • A re-balancing of a market based on changing cost drivers is inevitable • New ways to collect data creates new ways to make decisions • Protected content through a form of Digital Rights Management will be needed to ‘make the market’ • Pricing of data still in its infancy; Real time variable pricing may be needed • Accurate data will always be valuable; inaccurate data may limit growth in the market • The multiplying effect of ‘more data’ means fewer bigger hubs will succeed

  6. Smart Cities need Smart Citizens

  7. Smart Cities need Smart Citizens TRUST

  8. Smart Cities need Smart Citizens EMPOWERMENT TRANSPARENCY CONTROL

  9. Data 2.0: the control shift • Information as a tool in the hands of the organisation • Information as a tool in the hands of the individual • The organisation as manager of customer data • Individuals managing their own data • Customer data as a corporate asset • Personal data as a personal asset

  10. THANK YOU Ian Banner Senior Consultant Ian.Banner@ctrl-shift.co.uk Twitter : @ribanner Skype : ribanner