09 Innovation through IoE.pdf

Digital Thinking and Innovation CT109-3-1 Innovation through IoE  Internet of Things The dissolution of boundaries between the virtual and physical worlds The Internet has already reached a tipping point More objects are now digita...

Digital Thinking and Innovation CT109-3-1 Innovation through IoE  Internet of Things The dissolution of boundaries between the virtual and physical worlds The Internet has already reached a tipping point More objects are now digitally connected than people Online artifacts include everything from kitchen appliances, door locks, home alarm systems, networked weather sensors, automobiles, energy system sensors, and industrial control systems (ICS) CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 2  Internet of Things Internet of Things refers to the real-world physical objects that are connected to the Internet and, therefore, to all other physical objects Their primary purpose is not communication among people or access to information such as news, knowledge, business data, and entertainment They are geared toward keeping systems functional by sensing and analyzing data and autonomously controlling devices. CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 3  Internet of Things Already measured in billions, there will soon be on the order of 20 billion or more material objects online Increases in object connectivity will result in new industries creating interconnected products embedded with chips, sensors, actuators, and radiofrequency identification (RFID) capability CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 4  Internet of Things This phenomenon will have significant implications for: – Economic growth – Individual rights – Business models – Governance CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 5  The Digitization of Everyday Objects “Why would anyone want a computer embedded in all the objects?” – an outdated question – People wear connected fitness bracelets and rely on connected glucose monitors – Homes contain connected coffee makers and door locks – Stores house RFID-embedded retail items – vehicles contain networked sensors that detect collisions or monitor traffic conditions – work environments use networked energy systems, manufacturing robots, and security systems CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 6  Emergent Cyber-Physical Systems Some emerging cyber-physical systems are not enhancements to existing material structures but entirely new innovations – 3D printing – Augmented reality – Some types of advanced robotics Help to elucidate common technical features of cyber-material hybrids and emerging policy issues CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 7  Autonomy and Machine Learning Humans can sometimes be entirely excised from systems, once operational This quality of autonomy is “to generate, exchange and consume data with minimal human intervention Some technology are designed ex ante to require no human intervention, as such, they are sometimes described as machine- to-machine implementations CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 8  Benefits of IoT Communication: Encourages the communication between devices, also famously known as Machine-to-Machine (M2M) communication Automation and Control: Physical objects are connected and controlled digitally and centrally with wireless infrastructure. Without human intervention, the machines are able to communicate with each other leading to faster and timely output. CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 9  Benefits of IoT Information: More information helps making better decisions Monitor: Being able to monitor can further provide more information that could not have previously been collected easily Time: The machine-to-machine interaction provides better efficiency, hence; accurate results can be obtained fast CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 10  Benefits of IoT Money: Optimum utilization of energy and resources can be achieved by adopting this technology and keeping the devices under surveillance: – Bottlenecks – Breakdowns – Damages Better Quality of Life: All the applications of this technology culminate in increased comfort, convenience, and better management, thereby improving the quality of life. CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 11  Issues Evolving IoT Compatibility Complexity Privacy Security Safety CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 12  Internet of Everything As more real-word physical objects are connected the more reliant we become with the virtual/digitization – Data obtained from the computerized everyday objects such as smartwatch, planner, etc. Internet of Everything refers to all the connections that would be made; and it won’t work like today’s connectivity where speed and capacity will not be as limited Data created would be so massive that only Artificial Intelligence system will be able to manage CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 13  Internet of Everything Everything will be so connected that some would say there is a potential of a fully electronic ecosystem – People are connected – Objects are connected – Animals are connected – Everything is connected! In short, we are making our planet and near space, smart and connected CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 14  Privacy Concern All of our “moves” will be recorded in exchange to obtain the most out of the object Many young people are already compromising their privacy It is expected that this will become a norm in the future generation Thus deploying IoE is likely CT109-3-1 Digital Thinking and Innovation Innovation through IoE SLIDE 15