Presentation at IIM Indore, 15 Sept 2016

Speaker : Amitabha Saha Roy

Business Transformation

driven by IoT

1 Origins of IoT

2 How IoT is Transforming Businesses

3 Economic Impact of IoT

4 Resources

AGENDA

Origins of IoT

“If we had computers that knew everything there was to know about things – using data they gathered without any help from us – we would be able to track and count everything, and greatly reduce waste, loss, and cost. We would know when things needed replacing, repairing, or recalling, and whether they were fresh or past their best. The Internet of Things has the potential to change the world, just as the Internet did. Maybe even more so”

- Kevin Ashton in a presentation to Procter & Gamble in 1999

IoT – Why we are not there yet

~40% of all data is never stored;remainder is stored locally offshore

Only ~1% of data can be streamedonshore for daily use

Data cannot be accessed in real time,enabling only “ad hoc” analysis

Reporting is limited to a few metrics,which are monitored in retrospect

No interface is to enable real timeanalytics to capture offshore data

Maintenance is still conducted atmanufacturer-recommended intervals

Oil Rig example

IoT – Confluence of Technologies

IoT Stack

What is the promise of

IoT ?

$11TrillionTotal potential economic impact per year by 2025

That is massive ! Over 4X the GDP of India

1 Origins of IoT

2 How IoT is Transforming Businesses

3 Economic Impact of IoT

4 Resources

Transforming Retail

Transforming Homes

SECURITY AND SAFETY

Data from cameras and other sensors are analyzed and

alerts users if danger (e.g risk of Childers

drowning) is identified

USAGE-BASED DESIGNUsage patters are collected and analyzed to design the next generation of products

PRE-SALES ANALYTICS Better understand of user

enables cross-selling opportunities

ENERGY MANAGEMENTThermostat and multiple sensors learn about users

behavior and allow remote

control CHORE AUTOMATION

Autonomous home

appliances and devices

learn about users’ behavior

and identify best time to

perform tasks autonomously

Transforming Cities

1Electrical distribution

and substation automation

2 Water leak identification

3 Traffic control

4 Autonomous vehicles

5 Bus and train scheduleManagement

RESOURCE MANAGEMENT

TRANSPORTATION

6 Air and water quality monitoring

7 Crime monitoring and prevention

PUBLIC SAFETY AND HEALTH

Transforming Mines

OPERATIONS MANAGEMENT : Use IoT to centrally or remotely optimize operations

HEALTH AND SAFETY : Real-time tracking of workers and equipment to issue alerts

CONDITION-BASED MAINTENANCE : Through continuous monitoring, determine when maintenance will be needed proactively

IOT-ENABLED R&D : With actual usage data generated by IoT-enabled equipment, suppliers can develop new components and eliminate unused features

PRE-SALES ENABLEMENT : Based on usage data, equipment suppliers can suggest more appropriate models or cross-sell additional equipment

Transforming Cars

DYNAMIC PRICING MODELUsage-based insurance rates

based on driver behavior

INCREASE EFFICIENCY AND REDUCE COST

Remote optimization ofcommercial fleets

1 Origins of IoT

2 How IoT is Transforming Businesses

3 Economic Impact of IoT

4 Resources

$11Trillion

Economic impact of IoT

Monitoring and managing illness

Energy Management, safety, chore automation

Automated checkout, layout optimization, realtime promotions, inventory management

Security, Energy monitoring, worker monitoring

Applications

Economic impact of IoT

Operations Optimization, Predictive maintenance, Safety

Equipment maintenance, safety, IoT enabled R&D

Condition based maintenance, Personalized Insurance

Public Safety and health, Traffic control, Resource management

Logistics Routing, Autonomous cars, navigation

Applications

1 Origins of IoT

2 How IoT is Transforming Businesses

3 Economic Impact of IoT

4 Resources

Origins of IoT

1. Morgan Stanley Blue paper - The ‘Internet of Things’ Is Now

2. The Internet of Things : Mapping the value beyond the Hype, McKinsey Global Institute

3. Software is eating the world by Marc Andreesen, WSJ

4. Using IoT Data to Understand How Your Products Perform by Satya Ramaswamy in HBR

Origins of IoT

Amitabha Saha Roy is the Global Practice Lead,Sales & Marketing area, CPG Practice at TCS.Amitabha has worked leading IT companies likeTCS,HP and has rich international experience ofworking in US, India, Japan and Europe.Outside of work, Amitabha is an avid Photographerand Public speaker.