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CIR’s Events upcoming are always listed at http://www.hvm-uk.com Go there to plan your excellent networking and tech learning schedule! CIR is proud to present the takeaways from the Smart Systems Summit 2014 at the prestigious Institute of Directors in Pall Mall, West London 1-2 October. This year's programme was truly excellent, with over 30 speakers. smart, energy, grids, power, homes. transport, living, sensors, IOT, M2M, Industrial internet, technology, industry, markets, value, innovation, marketing, products, services, monetisation, growth, better
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IoT - Disruptor or Disrupted?
David Cairns, Chairman and Managing Director
Smart Systems Summit 2014 London at the IoD 1-2 October 2014, London, UK
www.hvm-uk.com
▶ So$ware pla+orms, tools and services to build business-‐cri8cal solu8ons for the Industrial Internet-‐of-‐Things
▶ Event-‐driven, real-‐8me systems working across Cloud services, enterprise applica8ons, mobile devices, connected machines, sensor networks and legacy systems
▶ Global 1000 customers in many ver8cal markets
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Who we are, what we do: Enabling the Industrial Internet-of-Things
Business-Critical Internet-of-Things
Source: IHS 2013
Global Internet Connnected Devices (M)
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New unit shipments (M)
New units Installed
Industrial Internet Device Shipments
What is Driving This Market?
• Improving Produc8vity of Current Opera8ons
• Leveraging the poten8al of real-‐8me data access across the extended enterprise
• Crea8ng New Business Opportuni8es
• From standalone devices to interconnected systems • From interconnected systems to value-‐add data • From value-‐add to smart business intelligence
• Delivering on Environmentally-‐friendly policies
• Reduce waste (e.g. produc8on efficiency) • Reduce energy consump8on (e.g. Smart Grid) • Reduce pollu8on (e.g. Smart Ci8es)
IIoT impact on Major Business Problems
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Why Now?
• An explosion of connected low-‐cost devices (e.g. sensors)
• Increased WAN bandwidth (e.g. 4G, Wi-‐Fi)
• Advanced, yet proven, connec8vity so$ware (e.g. data-‐sharing pla+orms)
• Advanced robo8cs (e.g. autonomous vehicles)
• Rise of real-‐8me analy8cs (at the edge, gateway, or Cloud)
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• Employee produc8vity increases
• Improved Customer Service
• Real-‐8me data and immediate response
• Posi8ve environmental, social and governmental impact
Economic Benefits of the IoT (Bank of America Merrill Lynch: May 2014)
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Source: General Electric 2013
Economic Benefits of Device Connectivity
How Much Could We Save With Connected Machines?
A 1% improvement in efficiency in these five
industries could add up to $276 billion over 15
years
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A Business-Critical IoT System Intelligent Data-Sharing to Support Distributed Intelligence
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Cloud!
OpenSplice !
Vortex!Café !
Vortex!Gateway!JMS!
OpenSplice !
Enterprise!
Vortex!Web!
IaaS!
Private Cloud!
Vortex!Lite!
Cloud!
Vortex!
Delivering Intelligent Data-Sharing
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Use Case: Smart Cities (Cité de Nice)
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13 Current State of the IoT • 75% of companies are either ac8vely exploring or using the IoT • Only 6% of business leaders believe that it is merely hype • In three years, 96% of surveyed individuals expect their business to be
using IoT in some respect • 61% of the leaders recognize that they need to integrate IoT into their
businesses, or else the business will fall behind • Only 30% of organiza8ons saw double digit growth in IoT investments
Source: The Economist (Survey 4Q13)
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Conclusions • The Industrial IoT
– Essen8ally an outgrowth from LANs to WANs to exploit the Internet, Cloud and Mobility for business advantage
– It is real and it is happening now – Enabling technologies are proven – the extension of real-‐8me
distributed systems to the Internet – ROI has been validated by major users (e.g. GE) – Benefits include: cost and 8me savings, new business models and eco-‐
friendliness – Hyper-‐connected extended enterprises will become the ‘new normal’ – How will you respond? Pro-‐ac8ve or reac8ve? Disrupted or Disrupter?
• If we can help you, please contact us directly
• www.prismtech.com
• Or via social media
• www.twiier.com/prismtech
• www.linkedin.com/company/prismtech
• www.facebook.com/pages/PrismTech/140964365933471
Thank You!
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