7 virtues of an IoT application

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description

2013 is the year Internet of Things (IoT) is taking off. Sensors are cheap; cloud makes compute and storage available on demand and big-data analytics solutions are maturing. But for IoT to be successful we need several things to fall into place. This presentation explores seven things needed for the Internet of Things to be successful.

Transcript of 7 virtues of an IoT application

Page 1: 7 virtues of an IoT application

7 virtues of an IoT applicationSeema Jethani

@seemaj

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Provides Value

Will it make life better?Is the cost/benefit ratio reasonable?How does it fit in its environment?

$600 Rice cooker?

Does it deserve to exist?

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Provides Value

Products only succeed if they offer something of value

Function!

Service!

Access!

Data!

Marketplace!

Entertainment!

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Has a well designed UX

What is the experience of the product?How does it make the user feel?Will the user care about the product

Target Audience!

No Screen!

5 Senses!

Ease of Use!

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Has a viable business model

IoT!

Free! Glue Sales!

Sensors!

Hardware Platform!

Software Platform!

Device Sales!

Software Sales!

Subscription Services!

Build to order!

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Has an APIDesigned so that it could be open and public from Day 1

Strategy; Business Model; Who; What;

Well Structured ; Well Documented; Predictable;

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Is SecureHow easy

would it be to hack into it?!

What is the data

management policy?!

What is the tradeoff between

convenience?!

What are the security

measures?!

Reasonable authentication

system!

Basic security measures built-in!

Data Management policies communicated to

customers!

Protect customers by default!

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Is attractive to developers

Incentive Ease of Use

Partnerships

Process for Participation

OpenIndividuals

& Businesses

Monetization

Developer Program

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Has an Ecosystem

Network Operators!

Developers and Makers!

Customers: Consumers

and Businesses!

Hardware Manufacturers!

Software Providers!

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Thank you