Internet of Things: Reality Check - Stanford University

Maciej Kranz VP, Strategic Innovations Cisco @ maciejkranz Internet of Things: Reality Check...

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Internet of Things: Reality Check Maciej Kranz VP, Strategic Innovations Cisco

@maciejkranz

50

40 30 20

Billions of Devices

50

“Billion

Smart Objects” Rapid Adoption rate of digital infrastructure:

Inflection point

10

5X faster than electricity and telephony

18 12.5

6.8

0 2010

7.2 Timeline

2015

7.6

2020

World Population

2016

Internet of Things Growing Faster than Smartphones!

6.4B CONNECTED DEVICES

2020

2020

$60B

50B

SMART HOME MARKET

CONNECTED DEVICES

Wagering Billions on

the Internet of Things!

IoT is Driving the Next Economic Revolution!

The Internet of Things 2019

$53B WEARABLE MARKET

Will Make Us Super Human

Quality Productivity

Metrics

Down Time

Labor

Efficiency Costs

Connected Operations

Remote Operations

Predictive Analytics

Preventive Maintenance

Connected Operations

CASE STUDY

HARLEY-DAVIDSON

Remote Operations

CASE STUDY

NIMBLE

CASE STUDY

MAERSK

Predictive Analytics

CASE STUDY

FANUC

CASE STUDY

SIEMENS

Preventive Maintenance

CASE STUDY

GOLDCORP

Create big vision Identify small project Gather stats and benchmarks Build business case

Get C-suite sponsor Build virtual team Establish partner ecosystem

IoT Solutions in Isolation Devices Not Data Immature Technology Solving for Today Science vs Production Doing it Alone

Proprietary systems Vendor centric Stand-alone player

End-to-end open systems Industry open standards Collaborative partner ecosystem

Expand your search

Build relationships

Recruit in different geographies, seek diversity

Work with institutions to sponsor, co-innovate, co-educate

Cultivate your people

Train, increase morale, create great culture

10 Years

Service Oriented

86% Product Centric 14% Source: Cisco, 2015

3 Years

19%

12.8%

Profits for a $20 billion manufacturing company that digitizes its environment typically shows a rise in profits.

Active adversary

Continuous Risk Management

Security by obscurity

Single architecture

Shadow IT

Before-During-After

New use-cases

Best-in-Class + Suites

Insufficient vendor investment

Horizontal Industry-specific Consortia

Build a partner ecosystem; learn to co-develop with them

Integrate technology solutions with business processes

Attract and train new and existing talent

Start with low hanging fruit

Focus on solving real problems Prepare for a journey, not a one-time event

Make security everybody’s top priority Transform culture along with technology

@maciejkranz maciejkranz.com