Whats all the fuss about it ? IoT benefits for Companies: IoT - PowerPoint PPT Presentation

What’s all the fuss about it ? IoT benefits for Companies: IoT benefits for Consumers: Remotely monitor and control devices for Gain insight into customer usage and device peace of mind performance to improve future products Energy efficiency of household devices New opportunity to monetize value added service around product usage Extends lifecycle for products Better insight into supply chain management Products co-operate and manage themselves Ability to update products in the field to enhance capabilities and extend lifecycle

Market Size and Growth Forecast 500 45.0% Market Size (in Billions US $) 450 40.0% 38.3% 400 35.0% Growth Rate (%) 32.7% 350 30.0% Global IoT Market Share by Sub-Sector 28.0% 300 25.0% 24.0% 250 20.0% 200 16.0% 15.0% 150 10.0% 100 5.0% 50 0 0.0% 2016 2017 2018 2019 2020 Global IoT Market Size YoY Growth Market Size of Smart Home Forecast 60 53.45 46.8 50 Billion U.S. dollars 40.9 40 35.9 Smart Cities Industrial IoT Connected Health 31.4 27.5 30 Smart Homes Connected Cars Smart Utilities 24.1 Wearables Others 20 Source: growthenabler.com 10 0 2016 2017 2018 2019 2020 2021 2022 Source: Statista.com

The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data. Source: Wikipedia

Smartphone Smartwatch Voice PC/Laptop

Security and Privacy “IoT is hackers’ new playground.” “For a hacker, that’s a pretty big new target to attack.” “Security doesn’t sell…” Companies are focused on money, so security always came second… Until now! DDoS attacks increased 91% in 2017 thanks to IoT Source: Corero Network Security Facebook scandal (Cambridge Analytica) General Data Protection Privacy Data protection and privacy End-to-end encrypted communication

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