• Myths and hyperbole: Decoding some of the nonsense • How the Internet of things will change our world • Key challenges in building the Internet of things Gary Barnett, Chief Analyst, Ovum

1. How the Internet of Things
will change the world - and
how to start building it
Gary Barnett
Chief Analyst, Software
Ovum

2. How the Internet of Things will change
the world
• Hello!
• Myths and hyperbole
– Decoding some of the nonsense
• How the Internet of things will change our world
– The “boring IoT”
• Key challenges in building the internet of things
– It’s not a single mountain, it’s a mountain range
2 Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

3. Hello
3 Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

4. Hello
4 Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

5. Hello
5
http://www.airsensa.org/
http://www.changelondon.org/
http://www.weatherfile.com/
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

6. Myths and hyperbole
6
There will be One
Trillion IoT Devices
by 2020
The IoT will result in
an explosion of data
IoT is MajickIoT will transform
businesses
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

7. How the Internet of Things will change
our world
7
"Gear Fit" by Desmondma - Own work.
Licensed under CC BY-SA 3.0 via Wikimedia
Commons
Nest thermostat. By Grant Sewell
http://www.flickr.com/photos/grantsew
ell/6988581111/
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

8. How the Internet of Things will change
our world
8
"Factory Automation Robotics
Palettizing Bread" by KUKA
Roboter GmbH Licensed under
Public Domain via Wikimedia
Commons
Water Pump © Gary
Barnett with thanks to
Yarra Valley Water
"Port of Singapore Keppel Terminal".
Licensed under CC BY-SA 2.5 via Wikimedia
Commons -
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

9. IoT : Drivers
9
Improveoperations
Improvecustomer exp
Develop new services
Faster servicedelivery
Operationalinsight
Customer insight
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

10. Key challenges in IoT
10
Security
is the number 1
challenge
Data analytics
is the number 1
challenge
Processorselection
is the number 1
challenge
Power management
is the number 1
challenge
Integration
is the number 1
challenge
Device management
is the number 1
challenge
Privacy
is the number 1
challenge
Industrial design
is the number 1
challenge
Bandwidth
is the number 1
challenge
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

11. There is no “single” key challenge
11
It’s a mountain range, not a single mountain
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

12. Key challenges in IoT
12
Legacy ITArchitecture
Data/Analytics Skills
Security Concerns
Lack of Business Case
Privacy Concerns
No customer demand
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

13. The IoT Technology Stack
13 Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

14. Time for a quick poll…
Which of the following elements of an IoT solution deliver the most
direct businessvalue?
1) Device design
2) Choice of comms technology
3) Choice of gateway technology
4) Data analytics
5) Business process integration
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd14

15. A complex ecosystem
15
SIs
Things
Comms
Gateway
Data
Integration
Digital Futures: The World in 2025 © Ovum 2015, Informa Telecoms & Media Ltd

16. Thank you. Questions?
+44 (0) 207 551 9080 | gary.barnett@ovum.com
Ovum.com | @OvumICT @thinkovation
#OvumIoT