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© 2015 Wind River. All Rights Reserved. Innovation and the Internet of Things Emeka Nwafor Sr. Director of Global Alliances

Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

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Page 1: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

© 2015 Wind River. All Rights Reserved.

Innovation and the Internet of ThingsEmeka NwaforSr. Director of Global Alliances

Page 2: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

These are just a few of myfavourite (smart connected) things.

Page 3: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

The Internet of Things (IoT) refers to the ever-growing network of physical objects that feature an IP address for internet connectivity, and the communication that occurs between these objects and other Internet-enabled devices and systems.(via Webopedia)

Page 4: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

“Smart, connected products raise a new set of strategic choices related to how value is created and captured, how the prodigious amount of new (and sensitive) data they generate is utilized and managed, how relationships with traditional business partners such as channels are redefined, and what role companies should play as industry boundaries are expanded.”

(via Harvard Business Review, November 2014)

Page 5: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)
Page 6: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

6 © 2015 Wind River. All Rights Reserved.

Favorable Conditions: Why Now?

© 2015 Wind River. All Rights Reserved.6

COST OFPROCESSING 60XPAST 10 YEARS

COST OFSENSORS 2X

PAST 10 YEARS

COST OFBANDWIDTH 40X

PAST 10 YEARS

Page 7: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

50BDevices

$15TEconomic

Impact

20%+Growth

It’s a really really

BIGOpportunity

Page 8: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

8 © 2015 Wind River. All Rights Reserved.

There are two types of IoT

Consumer

Industrial

Page 9: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

9 © 2015 Wind River. All Rights Reserved.

Two Business Interests Driving IoT Demand

Business Optimization Maximizing value of existing assets

and investments Introduction of new efficiencies Positive shifts in OPEX and CAPEX

Business Transformation Access to new revenue streams Transitioning business models Positive shifts in value creation and

value capture

Page 10: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

10 © 2015 Wind River. All Rights Reserved.© 2015 Wind River. All Rights Reserved.10

Page 11: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

PREDICTIVE MAINTENANCE AND WEATHER ANTICIPATION FOR SMART BUILDINGS

Wind River and the Internet of Things • Use Cases

© 2015 Wind River. All Rights Reserved.11

Page 12: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

Use Case: Smart BuildingPredictive Maintenance HVAC Requires Maintenance

• HVAC system automatically detects and diagnoses a fault

• Diagnostic information is included in an automated service notification

• HVAC is serviced either remotely through the cloud or on-site depending on fault

!

© 2015 Wind River. All Rights Reserved.12

Page 13: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

Use Case: Smart BuildingWeather Analysis & Prediction

HVAC Anticipates Storm

• HVAC system analyzes weather data, accurately predicting incoming storm

• System regulates HVAC activity ahead of storm based on electricity pricing information to avoid peak pricing during period of high demand

!

© 2015 Wind River. All Rights Reserved.13

Page 14: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

14 © 2015 Wind River. All Rights Reserved.

Essential Tenets of Edge-to-Enterprise IoT Systems

Monetize Hardware, Software, and Data Management

Actionable Analytics

Data Normalization

Discovery and Provisioning

Safety & Security as the Foundation – Hardware and Software

Page 15: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

What happens when Hacker meetsSmart Connected Vehicle?

Page 16: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

16 © 2015 Wind River. All Rights Reserved.

The Three Phases of Evolution

Connectingthe

Unconnected

Intelligent Interconnected

Devices

Autonomous Software Defined

Machines

Page 17: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

17 © 2015 Wind River. All Rights Reserved.

What can we learn from the Internet Economy?

Founded in 1994

$89BFounded in 1976

$182.8BFounded in 1998

$66BCreation of sustainable customer relationships by focusing on outcomes, transforming the value chain, and engineering the Consumption of Experience

Page 18: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

Machine data will unlock new business value by moving from Demographic-Models of families of devices to Psychographic-Models of each and every smart connected device.

[ The Model-of-One ]

Page 19: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

19 © 2015 Wind River. All Rights Reserved.

The Power of the “Model-of-One” for Humans

Insights about an individualAge, relationships, spending behaviour, purchase history

Profile, optimize, and predict behaviour - create a personal P&L centreWhat am I likely to purchase based on special events?

Tailor services, expand businessOffer me add-on products. Suggest things that others have purchased. Related events.

Page 20: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

20 © 2015 Wind River. All Rights Reserved.

The Power of the “Model-of-One” for Devices

Insights about a specific deviceHow much has it been used? How has it been used?

Profile, optimize, and predict behaviour - create a device-specific P&L centreWhen will it need to be maintained? When should it be decommissioned?

Tailor services, expand businessMaintenance contracts. Service frequency. Guaranteed re-sale value. Extended warranty. Add-on products. Replacement products.

Page 21: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

21 © 2015 Wind River. All Rights Reserved.

HERITAGE 1981: Founded 1993: IPO 2009: Acquired

SCALE 1,900 Employees 42,000 Developers

LEADERSHIP 45% Commercial

Market Share Broadest Portfolio

INVESTMENT 30+% of Annual Spend

Is on R&D Rich History of M&A

For over thirty years, Wind River has helped the world's most recognizable brands power generation after generation of embedded devices.

Page 22: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

22 © 2015 Wind River. All Rights Reserved.

Delivering Results for the Biggest Brands in the World

Airbus GroupBAE SystemsBoeingElbit GroupFinmeccanicaGeneral DynamicsGeneral ElectricHoneywellIAIITTL-3 Communications

Alcatel-LucentAltiostarARRISAvayaCienaCoriantDialogicDragonwaveEricssonFujitsuGENBAND

ABBAgilentAREVAAlstomBombardierBoschDraegerDeere & CoEmerson ElectricGeneral ElectricHitachi Invensys

Alpha NetworksCanonFujifilmHPHuaweiIwatsuKodakKonica MinoltaMitsubishiNEC

Aerospace and Defense Network Infrastructure Industrial and Medical Mobile and Consumer

AWTCEuropeBMWBoschClarionContinentalDaimlerDelphiFiatFujitsuGeneral Motors

Automotive

LIG Nex1Lockheed MartinNECNorthrop GrummanMitsubushiRaytheonRockwell CollinsSamsungThalesU.S. Government

HarmannHKMCHondaJohnson ControlsMobisNissanPSA Peugeot CitroenRenaultToyotaValeo Group

HPHitachiHuaweiHypercomKapschKyoceraMotorolaNECNokiaSamsungTellabsZTE

KUKAMitsubishiNikonPanasonicPhilipsRockwell AutomationSchneider ElectricSiemensStrykerToshibaVarian

OkiPaceQuantaRicohSumitomiSharpSonySkyToshibaZhone

Page 23: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

23 © 2015 Wind River. All Rights Reserved.

Core Values

Ease of Use End-to-end Security High Availability/Robustness Predictable Real-time

Performance Extensibility

23 © 2015 Wind River. All Rights Reserved.

Page 24: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

24 © 2015 Wind River. All Rights Reserved.

Wind River Helix: System-Level Solutions for the Internet of ThingsIntelligent Connected Devices

Safe & Secure Operating Systems

Failsafe Networking Environments Data & App Management

NETWORKS CLOUDSDEVICES

Product Lifecycle System Simulation IoT App Development Tools

Real-time Virtualization

Connectivity Agents

Infrastructure Platforms

Orchestration

Network Services

Edge Management

API Management

Analytics

Page 25: Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)

25 © 2015 Wind River. All Rights Reserved.25 © 2015 Wind River. All Rights Reserved.