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From Conceptto Concrete.
Copyright © 2016 – Action Point Innovation Ltd.
Delivering a commercially successful end-to endIoT Solution.
Copyright © 2016 – Action Point Innovation Ltd.
Who we areIoT Custom Software Developers andSystem Integrators.
Copyright © 2016 – Action Point Innovation Ltd.
Common Project Pitfalls Unclear Objectives Unrealistic
Expectations Tentative
Stakeholders Copyright © 2016 – Action Point Innovation Ltd.
Unclear ObjectivesDon’t let Techies Rule the Roost- IoT is a great solution, looking for a problem
- Sensors and Instrumentation is (relatively) Easy- To get from Concept to Concrete requires a Concrete Concept
Copyright © 2016 – Action Point Innovation Ltd.
Unrealistic ExpectationsDon’t let Non-TechiesRule the Roost - Lots of “Easy” Building Blocks- Lots of Marketing Spin- C-Suite Expectations can swell
Copyright © 2016 – Action Point Innovation Ltd.
The Ultimate Balancing Act?
Copyright © 2016 – Action Point Innovation Ltd.
Easy Stakeholders > Manufacturing, Consumer Goods…Hard Stakeholders > Insurance and Smart Cities
IoT may require novel business models > Funding required to prove
Tentative StakeholdersWho will Pay?
Copyright © 2016 – Action Point Innovation Ltd.
Typical “Project Budget” JourneyHow much will “it” cost?
“it” requires more than theobvious requirements
MVP, Go-Live, CapEx, OpEx…
Copyright © 2016 – Action Point Innovation Ltd.
The “Bright” Idea
An app for a smart light bulb- that’s pretty easy right?
Copyright © 2016 – Action Point Innovation Ltd.
Development Costs
The commercial reality behind the “Bright” Idea
IOT Device Management
Operational Costs
So how do you manage budget for something as complex as this?
Customer Service
Roadmapping
Platform Choices(Desktop, iOS, Android etc.)Architecture DesignUI/UX DesignDevelopmentTesting
Connectivity (WiFi, BLE, Sigfox, Zigbee)LogisticsManufacturingProvisioningField Engineering SupportBilling Engine
Server/Storage InfrastructureSupportUpdates
MVC vs Go-live vs future enhancments
SupportDevice & System Updates
Copyright © 2016 – Action Point Innovation Ltd.
The Drake EquationHow can we estimate the number of technological civilizations that might exist among the stars?
Anyone know what this is?
Copyright © 2016 – Action Point Innovation Ltd.
Drake Equation for IoT Budgets?8 Major Components
Device/SensorEdge GatewayConnectivity
Cloud InfrastructureServer Application(s)
Client/Mobile Application(s)Analytics
Services & SupportCopyright © 2016 – Action Point Innovation Ltd.
Incrementalism is Key
Copyright © 2016 – Action Point Innovation Ltd.
SummaryForewarned is forearmed
Embrace an MVP and Incremental ProgressionBe prepared for Complex Cost Model
Work with PARTNERS, not Vendors
Copyright © 2016 – Action Point Innovation Ltd.
Questions?www.action-point.com
Copyright © 2016 – Action Point Innovation Ltd.