Internet of Things: Reality Check - Stanford...

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Maciej Kranz

VP, Strategic Innovations

Cisco

@maciejkranz

Internet of Things:

Reality Check

7.2 6.8 7.6

World Population

Rapid Adoption rate of digital infrastructure:

5X faster than electricity and

telephony

50

2010 2015 2020 0

40

30

20

10

Billio

ns

of

De

vic

es

Timeline

50 “Billion Smart Objects”

18

12.5

Inflection point

Internet of Things Growing Faster

than Smartphones!

Wagering Billions on the Internet of Things!

IoT is Driving the Next

Economic Revolution!

The Internet of Things

Will Make Us Super Human

2020

50B CONNECTED

DEVICES

2 0 2 0

$60B SMART HOME

MARKET

2 0 1 9

$53B WEARABLE

MARKET

2 0 1 6

6.4B CONNECTED

DEVICES

Quality

Labor

Metrics

Down Time

Efficiency Costs

Productivity

Connected Operations

Remote Operations

Predictive Analytics

Preventive Maintenance

Connected Operations

CASE STUDY

HARLEY-DAVIDSON

Remote Operations

CASE STUDY

NIMBLE

CASE STUDY

MAERSK

Predictive Analytics

CASE STUDY

FANUC

CASE STUDY

SIEMENS

Preventive Maintenance

CASE STUDY

GOLDCORP

Identify small project

Get C-suite sponsor

Gather stats and benchmarks

Build virtual team

Build business case

Create big vision

Establish partner ecosystem

IoT Solutions in Isolation

Devices Not Data

Immature Technology

Solving for Today

Science vs Production

Doing it Alone

Proprietary systems

Vendor centric

Stand-alone player

End-to-end open systems

Industry open standards

Collaborative partner ecosystem

Train, increase morale,

create great culture

Recruit in different

geographies,

seek diversity

Work with institutions

to sponsor, co-innovate,

co-educate

Cultivate your

people

Expand your

search

Build relation-

ships

14%

86%

Product Centric

Service Oriented

Profits for a $20 billion manufacturing

company that digitizes its environment typically

shows a rise in profits.

3 Years

10 Years

Source: Cisco, 2015

12.8%

19%

Active adversary

Shadow IT

New use-cases

Security by obscurity

Continuous Risk Management

Before-During-After

Best-in-Class + Suites

Single architecture

Insufficient vendor investment

Horizontal

Consortia

Industry-specific

Focus on solving real problems

Build a partner ecosystem;

learn to co-develop with them

Attract and train new and

existing talent

Prepare for a journey, not a one-time event Transform culture along with technology

Integrate technology solutions with

business processes

Start with low hanging fruit

Make security everybody’s top priority

@maciejkranz

maciejkranz.com