What Your Business Needs to Know About IoT in 2017

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Robert NeelyC L I E N T S T R AT E G I S T

Y O U R P R O J E C T T E A M

Robert works to ensure that we gather the information required to successfully meet our clients’ objectives, expectations, and business goals.

He also focuses on ensuring that the solutions we create present an engaging and effective user experience.

Robert has worked with dozens of clients during his 4+ years at Worthwhile, from startups to enterprise-level companies. This wide range of experience means he can effectively combine a particular client’s needs with industry best practices and proven solutions.

Micah BrandenburgV P O F C L I E N T E N G A G E M E N T

Y O U R P R O J E C T T E A M

Micah works with prospective clients to listen to their needs and expectations so we can make the right recommendation on scope and process from the beginning.

He is a prospective client’s primary contact throughout the sales and contractual process.

Micah also oversees the customer experience at Worthwhile and ensures that we help our clients succeed before, during, and after project work.

Before joining Worthwhile, spent 12 years working in commercial banking and financial services including 2 of the 25 largest banks in the US.

About Worthwhile

3 Main Areas of Work

Business Application Development

Data/Analytics

Connected Devices

About Worthwhile

4 Key Differentiators

Value Definition

Turnkey at a Fixed Cost

Innovative Payment Terms

Client Satisfaction

What is the IoT?

The Internet of Things

Internet of Everything

Connected Devices

Smart Devices

What is the IoT?

Networked devices that can:

Gather data

Monitor machines

Control devices

The Internet of Things is already impacting your everyday life.

So what about my business?

Why IoT Matters

The Internet Revolution

The Mobile Revolution

The Connected Revolution

Why IoT Matters

Business Intelligence

Greater Control

User Expectations

Revenue and Profit

Why IoT Matters:Business Intelligence

Machine Learning

Data in Place for Data Analytics

Why IoT Matters:Greater Control

Proactive Maintenance

Efficiency and Quality Control

Avoid Injury Increase Efficiency

Prevent Defects

Why IoT Matters: User Expectations

Much as the smartphone completely transformed user

behavior and expectation in the last 10 years, connected

devices and wearables will change the way people live

and interact with products.

This means your users will expect just about every

device to connect. If you don’t connect, you can expect

to lose customers and market share.

Why IoT Matters: Revenue and Profit

2014: 2 billion devices shipped

2020: 8 billion devices shipped

2014: $180 billion in total revenue

2020: $1 trillion in total revenue

Source: Harbor Research

Industrial Internet of Things IIoT / Industry 4.0

T E C H TA R G E T

The driving philosophy behind the IIoT is that smart machines

are better than humans at accurately, consistently

capturing and communicating data. This data can enable companies to pick up on

inefficiencies and problems sooner, saving time and money

and supporting business intelligence efforts.

T E C H TA R G E T

In manufacturing specifically, IIoT holds great potential for

quality control, sustainable and green practices, supply chain

traceability and overall supply chain efficiency.

Are you ready to put the Internet of Things

to work for you?

19%

PROJECTS FAIL

52%PROJECTS ARECHALLENGED

29%PROJECTSSUCCEED

 Source: Standish Group Chaos Report, 2011-15

I F A P R O J E C T I S M E D I U M - S I Z E D O R L A R G E R

The stats have been consistent for the past five years.

T H E C H A N C E O F S U C C E S S I S L E S S

T H A N 1 0 %

How Can Your Business Prepare for IoT? Technical

API

Network

Security

Data Warehouse

K I N L A N E , G I G A O M R E S E A R C H

IoT hardware is not the end game: The profits, margins, and

innovations will come from products and services built on

open, flexible APIs.

A P I

E D F E AT H E R S T O N , C O L L A B O R AT I V E C O N S U LT I N G

Back-end systems—servers, storage and networks—must grow

into an Internet of Things architecture to support the

massive economic transition. From an IT support perspective,

the large number of small packets of data coming from multiple directions could cause chaos.

N E T W O R K

E D F E AT H E R S T O N , C O L L A B O R AT I V E C O N S U LT I N G

IoT could overwhelm a corporate WAN or [create] bottlenecks at remote or hosted sites. Any IoT

devices that have near-real-time needs should absolutely be designed and planned for.

N E T W O R K

October 21, 2016 DDoS Attack via IoT devices

Affected countless sites that host DNS with Dyn Image: allnewspipeline.com

B R I A N B A R R E T T, W I R E D

The Internet of Things has gotten out of hand. Alongside devices where ‘smart’ makes sense, like security cameras, are items that have no defensible reason to be

on the internet, such as refrigerators, ovens, and washing

machines.

S E C U R I T Y

D E R A L H E I L A N D , R A P I D 7 S E C U R I T Y R E S E A R C H E R

So many vendors that are making available IoT-based technology don’t necessarily have any idea how to produce those products.

There’s a toothbrush company out there with embedded technology

in their toothbrush now.

S E C U R I T Y

D E R A L H E I L A N D , R A P I D 7 S E C U R I T Y R E S E A R C H E R

They may not understand security implications, or have a solid

security management program, so when issues are identified they

don’t know how to fix the problems, or even know how to

approach those problems.

S E C U R I T Y

Data Warehouse Case Study: Railroad Sensors

How Can Your Business Prepare for IoT? Decisions

Hardware

Framework

Connection Method

Control

How Can Your Business Prepare for IoT? Hardware

Arduino

Raspberry Pi

How Can Your Business Prepare for IoT? Hardware

Arduino: Limited to C++

Raspberry Pi: Variety of Languages

How Can Your Business Prepare for IoT? Framework

No Standard Framework

Options from Artoo to Zetta

Framework should match hardware

and your existing tech stack

How Can Your Business Prepare for IoT? Connection

WiFi

Bluetooth

Near-Field Communication (NFC)

Cellular Data

How Can Your Business Prepare for IoT? Controls

Mobile App

Website

Voice Activation

Free Guide worthwhile.com/expertise/iot-prototype/

One last thing:

Is it valuable?

L’Oreal/Withings Smart Hairbrush

K L I N T F I N L E Y I N W I R E D

The Internet of Things—or whatever you want to call it—has

the potential to save precious resources, spot and fight pollution,

and help people lead healthier, safer lives. But adding internet remote control to every single product on the market won’t necessarily help us get there.

K L I N T F I N L E Y I N W I R E D

What we need are thoughtful, affordable, durable devices that

actually, y’know, make our lives better.

How Can Your Business Prepare for IoT? The Path to Success

Define Industrial/Consumer Value

Find Expertise

Build Prototype

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Worthwhile builds custom web and mobile applications that solve challenges and seize opportunities.