Building Event-Driven Systems at the Speed of IoT · Gartner, “Top 10 Strategic Technology Trends...

Blaine Mathieu, Chief Product & Marketing Officer

cmo@vantiq.com

Building Event-Driven Systems

at the Speed of IoT

EDGE COMPUTING

ARTIFICIAL INTELLIGENCE

OutcomesProductsEverything-as-a-ServiceOwnVirtual WorldPhysical WorldReal TimeBatch

THE PARADIGM SHIFT IN BUSINESS

INTERNET OF THINGS

Driving growth and transforming business models

1Tsensors to

connect to the

internet in 2025 (WEF)

20.8Bconnected things

in 2020

(Gartner)

8.4Bconnected things will

be in use in 2017

(Gartner)

US$1.3Tis expected to be

spent on IoT worldwide in 2019

(IDC)

IOT DRIVING DISRUPTION

57%Overall IoT

spending made up

of business IoT

spending in 2017 (Gartner)

Software

Everywhere

Human-Machine

Collaboration

Tech (IoT, AI, AR,

Blockchain, NLP)

AV

AR

IoT

Smartphones

NLPServices

AI

EdgeRecognition

Movement

IoT

THE CHALLENGES… COMPLEXITY, AGILITY, SPEED

Sense, Analyze and Act

in Real-Time

Legacy Applications

APPLICATIONS TODAY

CRMHRM

ERP

BI

Request

ResponseDatabase

Search

Retrieve

Not applications for real-time

business operations

CONTEXT

Rules, best practices, constraints, predictions

SOLUTION: REAL-TIME, EVENT-DRIVEN APPS

Event

Data Streams

System Status

Machine Status

People Status

Vehicle Location

People Location

External Conditions

Notifications + Alerts

Other Events

Real-Time

Actions

Relocate Machine

Assign Technician

Redirect Vehicle

Stop Assembly Line

Reorder Parts

Assist Maintenance

Control System

Close Issue

Real-Time

Event-Driven

Application

EXAMPLE EVENT-DRIVEN APPLICATION

Events processed

on the edge

‘Master’ app on

prem or in cloud

External sources

add context

Action by people or

machines

REAL-TIME BUSINESS OPERATIONS

Supply Chain Control

Real-Time Field Service

Management

Environmental Monitoring and

Response

Dynamic Customer Service

Integrated Health Systems

Real-Time Fleet Management

Smart Manufacturing

Compliance, Safety, and

Security

Smart Cities

Financial Services

Orchestration

… and many more.

“CIOs must use innovative technologies based on event-driven architecture (EDA) to support

digital business transformation.”Gartner, “Articulating the Business Value of Event-Driven Architecture”

by Thomas and Gupta, May 2017

REAL-TIME, EVENT-DRIVEN PLATFORM

Mission

Critical

High-Productivity

Low -Code

Distributed

Run Anywhere

Human-Machine

Collaboration

Real-Time

Event-Driven

Platform

REAL-TIME, EVENT-DRIVEN APP PLATFORM

YOU REQUIRE…

event-driven applications that

connect your devices, systems,

and people together in

real time.

“By 2020, 50% of new user-facing applications developed will be event-

driven applications.”Gartner, Van L. Baker, May 2017

MISSION CRITICAL

YOU REQUIRE…

the security, scalability, and dynamic

availability that your mission critical

applications demand.

“Event-driven architecture optimizes for agility, resiliency, extensibility, lower cost of

change, open-ended design and web scale.”

Gartner, “Top 10 Strategic Technology Trends for 2018”

DISTRIBUTED, RUN ANYWHERE

YOU REQUIRE…

your mission-critical applications

to run anywhere – distributed

from the cloud to the edge.

“40% of large enterprises will be integrating edge computing principles into their 2021 projects, up from less

than 1% in 2017.”

Gartner, Thomas Bittman, December 2017

HUMAN-TO-MACHINE COLLABORATION

YOU REQUIRE…

a system that optimizes your

organization’s people by

enabling powerful human-to-

machine collaboration.

“38% revenue boost estimated over the next 5 years for those fully committing to

AI and investing in human-machine collaboration.”

Accenture, “Reworking the Revolution,” Jan 2018

REAL-TIME APPLICATIONS ARE HARD TO BUILD

Include People

Distributed

Real-Time

Streaming Data

Asynchronous EventsC

HA

RA

CT

ER

IST

ICS

REAL-TIME ARCHITECTURE – GLOBAL RETAILER

Up to a dozen platforms…• Building, integrating, managing

• Distribution, operation, change mgt.

• Vendors, contracts, skills, versions

HIGH-PRODUCTIVITY, LOW-CODE

YOU MUST…

accelerate your digital business

transformation with a high-

productivity, low-code development

and deployment platform.

“…the emergence, for the first time, of high-productivity tools for design of

event-driven applications.”

Gartner, September 2017

Current Methods

• 5+ application tools/platforms

• 5 highly-skilled developers

• 1,000s of lines of code

• 3 months to build and deploy

• Continuous maintenance by full team

MOVE FAST, BE AGILE, ITERATE QUICKLY

New Methods

• Single platform

• 2 developers

• ~100 lines of code

• 2 weeks to build and deploy

• ~1 week/month to maintain

Dramatic

improvement

Best Platform as a Service