ON THE ROAD TO IOT LOOKING BEYOND 2015 PRESENTED BY SAP LUMIRA

WHY IS THEINTERNET OF THINGSIMPORTANT?Analysts predict that the IoT will be more impactful than the Industrial Revolution. 

Whether it’s a device worn on your wrist or hooked up in your home, the IoT will not only affect your daily life but entire cities, countries, and society as a whole.

The IoT allows us to collect more data and monitor more reactions to changing conditions. This in turn leads to better, faster, more efficient solutions to problems ranging from health to urban management to natural disasters. 

IOT IN THE HOME:

SMART METERSBy 2023, the global revenue from annual smart meter shipments is expected to reach $6.6 billion. The collection of home energy consumption data in real-time will enable better evaluation, measurement, and verification. This explains the high demand for a product that will lead to more efficient uses of energy in homes.

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IOT IN THE HOME:

SMART LIGHTINGThe smart lighting industry is expected to grow to $1 billion by 2020, and reduce the 19% of lighting energy currently used worldwide. Smart lights, such as LEDs, use less energy, produce less heat, and last much longer. As the smart light industry grows, our lives become greener and more energy efficient.

IOT IN THE HOME:

SMART TVsThe amount of smart TVs on the market will jump from 4.2% at the end of 2010 to 30.4% in 2020. The sharp rise in demand indicates that consumers are increasingly opting for the convenience of converging multiple activities, such as texting and watching TV shows, in one device.

apps on tv, highlighting?

IOT ON YOU:

WEARABLESWearable tech is bringing us one step closer to acquiring the information and data we want, when we want it. From augmented reality to body monitoring, wearables are all about what Google CEO Larry Page once said, “reducing the time between intention and action”.

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IOT TRANSPORTATION:

CONNECTED CARSWith the computing power of 20 personal computers, a connected car could allow you to change your smart home thermostat or connect with your phone or other wearable device, all while sitting in the driver’s seat. The car is essentially providing an infotainment system that connects users with the outside world while they’re on the move.

IOT THROUGH YOUR PHONES:

SMART PHONES & MOBILE DATAIn 2014, mobile data traffic alone was almost 30 times the size of the entire global Internet in 2000. Whether it’s listening to music, posting on social, watching Netflix, or conducting a fundraiser through an app, the smart phone is capable of doing it all, which may make it hard for other devices to compete with this tried and tested tech.

1 exabyte = 1 quintillion bytes

IOT WITH YOUR MONEY:

MOBILE PAYMENTMobile transaction volume is expected to grow globally to $721.4 billion by 2017. That steady climb is another sign of consumers opting for convenience over anything else. Mobile payments allow people to go about their day faster and more efficiently, and help reduce the steps between the consumer and business.

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IOT IN THE

WORKPLACEThe Industrial Internet of Things could potentially add $14.2 trillion to the global economy by 2030, increasing productivity growth and reducing operating costs. The very intersection of people, data, and intelligent machines could lead to hybrid business models, a more efficient workforce, and generate new sources of revenue.

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Mouser Applications – “The Home Invasion of Smart Technology – an Emerging Market” -- http://www.mouser.com/applications/smart_home_technologies

Cisco Systems – “Cisco: The Industrial Internet of Things” https://technology.ihs.com/468893/smart-lighting-connected-lighting-controls-2014

IHS Technology – “Smart Lighting & Connected Lighting Controls Report - 2014” https://technology.ihs.com/468893/smart-lighting-connected-lighting-controls-2014

TOMORROW FOCUS Media – “Smart-TV Effects 2014” http://www.tomorrow-focus-media.de/fileadmin/customer_files/public_files/downloads/International/TFM_SmartTVEffects_Studie_2014-I_Layout_TFMi_EN_CK_V1.0_130314.pdf?PHPSESSID=c8879d5607b80465ad8a383a5d2e62a4

Emarketer – “Majority of US Internet Users to Use a Connected TV by 2015” http://www.emarketer.com/Article/Majority-of-US-Internet-Users-Use-Connected-TV-by-2015/1010908

Yahoo Finance – “The Wearable Computing Market Report” http://finance.yahoo.com/news/wearable-computing-market-report-growth-192528241.html

Adobe CMO - “15 Mind-Blowing Stats About Wearable Technology” http://www.cmo.com/articles/2014/6/16/Mind_Blowing_Stats_Wearable_Tech.html

Forbes - “71% of 16-24-Year-Olds Want ‘Wearable Tech’” http://www.forbes.com/sites/victorlipman/2014/09/22/71-of-16-24s-want-wearable-tech-why-dont-i-even-want-to-wear-a-watch/

Traffic21 System – “A Smart Transportation Research Institute” http://traffic21.heinz.cmu.edu/

IoT News Network – “Echelon – Smart Street Lighting” http://www.iotnewsnetwork.com/smart-city/echelon-smart-street-lighting/

SAP TV – “Future of Mobility: SAP Connected Cars” https://www.sap-tv.com/video/#/29743/future-of-mobility-sap-connected-cars

SAP News Center – “Tomorrow’s Connected Car” http://www.news-sap.com/connectedcars/

Nielsen – “The Car is the Information Superhighway” http://www.nielsen.com/us/en/insights/news/2014/the-car-is-the-information-superhighway.html

Cisco Systems – “Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update 2014-2019 White Paper” http://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/white_paper_c11-520862.html

Nielsen – “The Modern Wallet: Mobile Payments Are Making Life Easier” http://www.nielsen.com/us/en/insights/news/2014/whats-in-your-wallet-mobile-payments-are-making-life-easier.html

SAP Analytics – “Big Data – a New Frontier for HR?” http://blogs.sap.com/analytics/2013/07/18/big-data-a-new-frontier-for-hr/

SAP Analytics – “Mobile Analytics Infographic: Is Your Enterprise Going Mobile Fast Enough?” http://blogs.sap.com/analytics/2012/06/05/mobile-analytics-infographic-is-your-enterprise-going-mobile-fast-enough/

SOURCES FOR INSIGHTS, KEY STATS, & DATA SETS