This class we discussed the Internet of Things, Connected Homes, Funding trends of IoT startups, and Kate Stone, Founder of Novalia spoke about "The Internet of Thin Things" - interactive paper

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FELLOWS CLASS #5: SPECIAL REPORT -
INTERNET OF THINGS
DECEMBER 18TH, 2014
Thursday, December 18, 14

2. • LAST WEEK’S READING / VIDEO
• HOMEWORK ASSIGNMENT #3: QUESTIONS
• INTRODUCTION TO THE INTERNET OF THINGS
• REAL WORLD PERSPECTIVE: KATE STONE, FOUNDER OF NOVALIA
• QUESTIONS
IN TODAY’S CLASS...
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Thursday, December 18, 14

3. A DAY MADE OF GLASS
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https://www.youtube.com/watch?v=MHqrrki47ec
LET’S START WITH A LITTLE IMAGINATION....
Thursday, December 18, 14

4. FELLOWS SPECIAL REPORT:
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Thursday, December 18, 14

5. WHAT IS IT?
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EVERYDAY, PHYSICAL DEVICES AUTOMATICALLY
EXCHANGING INFORMATION OVER A NETWORK
Thursday, December 18, 14

6. PHYSICAL OBJECTS ARE COMING TO LIFE:
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Thursday, December 18, 14

7. WHAT ELSE CAN BE CONNECTED?
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FITNESS
CONNECTED HOME
HEALTHCARE
CONNECTED CAR
RETAIL
WEARABLES
Thursday, December 18, 14

8. IOT ENABLERS
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1. CHEAP BANDWIDTH ---> 40X CHEAPER OVER THE PAST DECADE
2. CHEAP PROCESSING ---> DECLINED 60X OVER THE PAST DECADE
4. LOW COST SENSORS ---> AVERAGE COST IS NOW $0.60
5. SMARTPHONES ---> THE GATEWAY FOR IOT
6. CONSUMER RECEPTIVITY ---> DIGITAL CURIOSITY
http://www.slideshare.net/accavdar/iot-and-google?qid=2d825122-ff42-48f0-a5ff-07cd728c7b59&v=default&b=&from_search=8
3. IPV6 ---> ACCOMMODATING BILLIONS MORE CONNECTED DEVICES (IP
ADDRESSES)
Thursday, December 18, 14

9. HOW BIG IS THE MARKET?
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BY 2020....
75 BILLION CONNECTED DEVICES?
50 BILLION CONNECTED DEVICES?
30 BILLION CONNECTED DEVICES?
25 BILLION CONNECTED DEVICES?
...A $7.1
TRILLION
MARKET?
http://www.zdnet.com/article/internet-of-things-market-to-hit-7-1-trillion-by-2020-idc/
Thursday, December 18, 14

10. MAJOR PLAYERS DEDICATING RESOURCES:
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Thursday, December 18, 14

11. THE BIG GUYS ARE PLACING BETS
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$200MM$3.2 BILLION (NEST)
$555MM (DROPCAM)
+
+
+
Thursday, December 18, 14

12. CONSUMERS ARE ONBOARD
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“THE TALK OF CES 2015”
Thursday, December 18, 14

13. WHAT IS HOMEKIT?
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“....WITH HOMEKIT, YOU CAN GROUP DEVICES AND CHANGE INTO SCENES,
AND THEN WITH SIRI INTEGRATION YOU CAN SAY SOMETHING LIKE, “GET
READY FOR BED”, AND BE SURE YOUR GARAGE DOOR IS CLOSED, YOUR
DOOR IS LOCKED, THE THERMOSTAT IS LOWERED, YOUR LIGHTS ARE
DIMMED... THAT’S HOMEKIT”
- CRAIG FEDERIGHI
SVP OF SOFTWARE ENGINEERING, APPLE
Thursday, December 18, 14

14. ARE YOU A GOOGLE OR APPLE HOUSE?
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(E.G. PHILLIPS, HONEYWELL, BELKIN)
IN OCTOBER...
HOMEKIT UNVEILED WITH 17 PARTNERS
(E.G. JAWBONE, WHIRLPOOL, LIFX)
IN JUNE...
THE NEST LEARNING THERMOSTAT
Thursday, December 18, 14

15. TITLE / HEADER
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DEDICATING RETAIL SPACE TO INVEST IN THE FUTURE
• DEDICATED SECTIONS IN 400 OF THEIR 1,050 STORES
• USING ~850 SQUARE FOOT AREAS
• SHOWCASING 100+ CONNECTED HOME PRODUCTS
INVESTING IN SMART PRODUCTS
Thursday, December 18, 14

16. A GROWING MARKET
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https://www.cbinsights.com/blog/internet-of-things-investing-snapshot/
•2013 - $1.1B IN VENTURE CAPITAL FUNDING ACROSS 153 DEALS
•2014 - PROJECTING $1.6B+ IN VENTURE CAPITAL FUNDING
Thursday, December 18, 14

17. MOST DEALS ARE SEED AND SERIES A
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https://www.cbinsights.com/blog/internet-of-things-investing-snapshot/
Thursday, December 18, 14

18. 13 INTERNET OF THINGS STARTUPS IN 2013...
STARTUPS ARE COMING...
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189 INTERNET OF THINGS STARTUPS IN 2014...
http://articles.economictimes.indiatimes.com/2014-10-15/news/55059521_1_iot-devices-internet
Thursday, December 18, 14

19. REAL WORLD PERSPECTIVE
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KATE STONE
• FOUNDER AND CEO - NOVALIA
• CAMBRIDGE BASED
• 36 PATENT APPLICATIONS, 15 GRANTED
• PHD IN PHYSICS FROM CAMBRIDGE
STARTUP SPOTLIGHT!
“THE FUTURE WILL LOOK MORE LIKE THE PAST...”
Thursday, December 18, 14

20. • JANUARY 8TH - RAISING CAPITAL PART 2
• ATTEND OFFICE HOURS!
• SCHEDULE TIME WITH VENTURES TEAM TO REVIEW HOMEWORK
• HOMEWORK ASSIGNMENT #3: DUE JANUARY 16TH
NEXT CLASS...
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Thursday, December 18, 14

21. Thursday, December 18, 14