LES high Tech Sector Joint Call Aerospace and Transportation Committee Content, Communications & Cloud (3CX) Committee
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1 LES high Tech Sector Joint Call Aerospace and Transportation Committee Content, Communications & Cloud (3CX) Committee The IoT Landscape: Impacts the Geospatial Sector of Aerospace and Other Markets Dr. Shawana P. Johnson, GISP Global Marketing Insights, Inc. April 30, 2014 Geospatial Business Intelligence Experts TM 1
2 Overview 1. IoT Value What is it? 2. IoT Progress and Impact on the US and Global Economy 3. IOT Where are the opportunities? 4. IOT What are the problems and challenges? -Standards -Licensing -Architecture Platforms -Interoperability 5. Next Steps: How does IOT and GEOINT impact the Aerospace and Transportation Segments? Geospatial Business Intelligence Experts TM 2
3 1. Value of IOT Internet of Things Installed Base Will Grow to 26 Billion Units By 2020 Gartner Group Economic value-add forecasted to be $1.9 trillion across sectors in % manufacturing 15% healthcare 11% insurance Geospatial Business Intelligence Experts TM 3
4 1. Value of IOT 11/12 Jeff Immelt declares IoT and the Industrial Internet is GE s future and his legacy During the last 12 months: Thousands of new companies have been started in IoT enabling platforms, apps and point solutions Number of Internet Connections 100 Billion unattended things Today: networked devices = global population By 2015: networked devices = 2x global population (Intel) 5 Billion smartphones Mobile/Social Connected Devices on Internet of Things 11/13 Marc Benioff opens DreamForce annual conference with IoT as the next frontier for SalesForce During the last quarter: Dozens of the leaders in IT have announced new units, leadership, offerings focused on Internet of Things 12/12 John Chambers declares IoT and the internet of everything is Cisco s future 1 Billion PCs / files E-Commerce Web Connecting People /13 Brian Krzanich, announces a new Intel IoT Division, dedicated to all things IoT predominately human; predominantly devices
5 1. IOT - What is it? The linking of physical and virtual objects through data capture and communication capabilities involving specific objectidentification, sensors through connections which provide highly customizable applications which users will pay for. Geospatial Business Intelligence Experts TM 5
6 2. Progress of IOT Wave 1: WWW 1.1B PCs / $90B Market Wave 2: Mobile 5.8B Devices / $580B Market Wave 3: Internet of Things 1T Objects / $4.5T Market* Connecting People Connecting People and Locations Connecting Everything *Machina Research Connected Life Study 2012
7 2. Progress of IOT More than 1 billion lamp poles in the world
8 2. IoT Impact on US and Global Economy IoT Market will add $15 trillion to the global GDP by 2020 General Electric Study U.S. will obtain one-third of the $2.7 to $6.2 trillion in global gains from the IoT (Everything) two-thirds of the gains in gross domestic product (GDP) providing a 2 percent to 5 percent gain in GDP in 2025, for a GDP of $28 trillion - McKinsey Study Geospatial Business Intelligence Experts TM 8
9 3. Where are the IOT Opportunities? Market Sectors 3 Many other Networks Cellular Satellite/ GPS 4 Data Center Machine Data/ Analytics 2 Machines RFID Sensors Controllers Physical World Sensor Data Applications and Services 5 People 1 Professionals
10 3. Example Aerospace 2009 Large Aerospace Contractor looked across IP and Technology developed for Federal Government looking across sectors: Medical Energy Sensors Platform Architectures for Interoperability Geospatial Business Intelligence Experts TM 10
11 3. Example Aerospace In Selected for Product and Market Development Platform Architectures for Interoperability Of Geospatial Sensors and Ground Based Sensors to deliver applications focused on: Agriculture Water Resources Oil and Gas Transportation Geospatial Business Intelligence Experts TM 11
12 3. Example Aerospace 2012 Developed a commercial sensor platform delivered in 2013: Road was fraught with MANY interesting events leading us to. Geospatial Business Intelligence Experts TM 12
13 4. IOT Problems and Challenges Standards Licensing Interoperability Data Volume Bandwidth Diminishing Client Base Antiquated Business Models Moving to the CLOUD And not the least of which is. Geospatial Business Intelligence Experts TM 13
14 and now a few words about Security. Geospatial Business Intelligence Experts TM 14
15 the devil is in the details now known as the CLOUD Geospatial Business Intelligence Experts TM 15
16 4. Challenge Security and moving GEOINT into IOT Perhaps focused on the wrong things. Geospatial Business Intelligence Experts TM 16
17 4. IOT Problems and Challenges Security, Privacy, Ownership 1. WHO OWNS THE DATA ITSELF? for example data in car; producer, manufacturer or car owner then sold into many others. 2. HOW WILL IT BE USED IN TERMS OF LICENSING Especially in Commercial Environment - more complex What rights do you give away and keep? How will the data be used? Liability? 3. MUST START EARLY to WORK WITH SPECIALISTS Geospatial Business Intelligence Experts TM 17
18 4. IOT Problems and Challenges Security CISCO and NineSigma Sponsor a $300K Security Challenge for IoT Interoperability Context Semantic Engines in development GEOINT Platforms Standards issues across data sets Ease of Access and Visualization Geospatial Business Intelligence Experts TM 18
19 Today s IOT and GEOINT USER is a little Frustrated Geospatial Business Intelligence Experts TM 19
20 Tomorrow s IOT and Commercial GEOINT Users Want 1-click Easy Usage with pay as you go plans! Geospatial Business Intelligence Experts TM 20
21 5.Next Steps How does IOT and GEOINT impact the Aerospace and Transportation Segments SOLUTIONS: Department of Transportation is funding and Focusing on Large and Small Scale projects to Create open, standards based OGC compliant Web-enabled high performance platforms Aerospace industry is focusing on the rapid building and delivery of COMMERCIAL GEOINT Products FOCUSED ON: Cost Effective Business Models Fresh Usable Content Geospatial Business Intelligence Experts TM 21
22 SPECIAL THANKS Efrat Kasznik Foresight Valuation Host and Organizer Christopher Rezendes, President & Guido Mengelkamp, Partner INEX ADVISORS, LLC (Boston and London) Kevin Pomfret, Founder and Executive Director Center for Spatial Law and Policy Dr. Shawana P. Johnson, GISP Geospatial Business Intelligence Experts TM 22
23 References "Forecast: The Internet of Things, Worldwide, sthkw=g s&qs=n&form=qbre&pq=internet+of+things+challenges&sc= 1-28&sp=-1&sk=&cvid=ef2d4ef4c58c4addb8450d5fab89a3d6 Internet of Things Study by the ECONOMIST: Intelligence Unit Geospatial Business Intelligence Experts TM 23
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