On regular basis, I’m updating my IoT slide-deck used for trainings, MooC and conferences. You can find in the attached pdf more than 260 slides about IoT market, use-cases and technologies.
Feel free to use it for your own training, presentations, content is free to use, please just place a link to this website as a counterpart.
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IoT ecosystem is rich of many different actors providing solutions and services in different areas.
I’ve tried to create a framework to position these actors. Many of the existing actors can be in multiple blocks but each of these is a standalone viable business where you can fin existing actors.
In the following pdf file, you will get the details of the different blocks to understand their role, the type of service provided and sometime some exemple of companies acting in this domain.
Traditional update of my teaching support on IoT. This year I’ve addressed my speak to larger and different audiences. As a consequence I publish a totally renewed slide-deck with 203 slides. I’ve improved the IoT business model description, use-cases and technology area. I also detailed the platform side of the IoT solutions.
Feel free to reuse this content for your own conference and speak. I’m available for conference, talk … let me know.
The full PDF is available on the following link.
Ten month ago, I was starting investigating the Ultra Low Cost Iot thanks to Sigfox given access to the experimentation they made in this area. The Ultra Low Cost IoT is defined by manufactured devices under or near the cost of $1.
Such level of price are enabling scalable deployment of devices and mass data capture, more than it has ever been able to made. And basically, it is not a question of device cost, it is a question of scalable use-cases where the higher device cost where a business model killer.
This is basically reducing the price of devices by a factor of 5x to 10x. No miracle, this is also reducing the device capabilities and concerns different use-cases than the one previously designed. In another word, Low Cost IoT is not classical IoT for a lower price, it’s a new IoT area where we find new use-cases, new business model and more generally is source of innovation.
Continue readingBusiness model is in my point of view a big blocker for IoT tsunami : when IoT is service and service is monthly fee, IoT is also objects and objects business model is based on push the box and get 30% standard business model.
These two approaches are really different and distribution must change its business model to correctly fit with IoT and extract the right level of value. Taking 30% one shot is quick & easy but getting a regular revenue based on service delivery is more profitable.
The blocking point seem to simply be process, people and software: actually distribution is not organized and equipped with the right IT for managing recurrent revenue, for this reason the distribution have no major interest is service oriented product and prefer all inclusive device where service is included in the initial price.
The problem of this model is that it is not profitable for IoT industry : IoT have a making cost to produce the object but year after year each object generate a service cost. In most of the existing business case, new object sell are funding the service for old objects. This can work when the company is growing and make scale effect reduction on service cost. The problem start as soon as the market is decreasing and the cost of running service is higher than the margin made on new object sell. This problem is a killer as soon as your service cost is high like when you have to support a recurrent communication fee (like for what I consider real connected object, I mean objects able to communicate with no local infrastructure dependencies). The only way is to make money on data collected from the object and be payed on client privacy. This equation is really dangerous for the client, even for the IoT industry as much as privacy regulation law are growing and data market not really predictable.
I’m quite sure that this situation will soon change as distribution can make much more money based on service than based on box pushing and as soon as they will be organized to manage it, as the business is better, they will make a lot of available space for service business model based object, enabling the IoT tsunami.