Internet of Things
Abstract:
The proliferation of smart devices in recent years has driven the need for constant connectivity. The Internet of Things (“IoT”) has become an increasingly prominent tool enabling cross-device communication as tech- nology continues to shift to the cloud and mobile platforms. IoT allows for countless opportunities and connec- tions embedded in everyday objects, enabling secure information transfer and a level of data exchange that was never available before. IoT is considered one of the most profound transitions in technology today, creating unprecedented opportu- nities for businesses across various markets. Using an IoT platform, companies are able to seamlessly cap- ture, filter, process, store and analyze their data, resulting in an opportunity to create or improve their compet- itive edge. IoT and other technologies are helping companies transform processes and business models, drive efficiency and innovation, and personalize customer / employee experiences. Data collected from con- nected devices provides the raw material for businesses to gain insights and respond rapidly to change. IoT solutions can transform nearly every industry - locally and globally - by bringing networking technology to places where it was once unavailable or impractical. The market for vertical IoT companies is increasingly ex- panding as industries continue to evolve and embrace “smart”, connected technologies. Some of the most popular uses of IoT are for “Smart Home” devices, “Smart City” platforms, wearables, and clean tech / energy technologies. Large network technology players, such as Cisco and Intel, have created “Intelligent IoT” platforms, providing a fully comprehensive, horizontal IoT solution for network connectivity, data analytics, security, and automa- tion. Cisco has been an active acquirer of IoT companies with the $1.4 Billion acquisition of Jasper Technolo- gies, a provider of cloud-based platforms that help companies manage IoT and $635 Million acquisition of OpenDNS, which added a layer of cloud security to Cisco’s existing capabilities, in addition to the acquisition of ParStream, German IoT analytics start-up in 2015. The combined $2+ Billion spent on these acquisitions represents Cisco’s committed strategy to improve its foothold in the IoT market. IoT has been transforming the way we live for nearly two decades, paving the way for responsive solutions, innovative products, efficient manufacturing, and ultimately, pioneering new ways to do business. This panel of industry experts is here to share their experience and thoughts on the increasing market opportunity that IoT has created.
Discussion Topics:
What are the top IoT use cases today? What industries do you see IoT most beneficial or disruptive to? Do you see it changing in the next year or two?
What are potential industries where you see use cases for IoT that are not currently being addressed?
Where do you see the IoT market heading in the next five years?
Where do you see competition or threats to your current IoT strategy?
What are the competitive differentiators of a leading IoT platform?
Data security is a huge risk in the market right now, what are the risks to IoT solutions’ ability to constantly consume, analyze and share data?
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