SlideShare a Scribd company logo
1 of 13
Download to read offline
Emerging business models in the IoT era
Omer Enbar, CEO and co-founder at
omer@sensibo.com
How data, real time feedback, and
the ability to control and monitor online
change businesses
3
We’re still in the “90’s” of IoT
Imagine e-commerce before and after online
analytics - same thing is happening to
everything else
4
Appliances Old Economy
Energy Market (utilities)
OEM Brands
Retail
Sharing Economy &
Managed Apartments
Insurance &
warranties
Real Estate
Online Retail
Servicing industry
Consumer
One time transactions
Long or no feedback cycle
Cannot react to status in the field
5
Appliances Connected Economy
Energy Market (utilities)
OEM Brands
Retail
Sharing Economy &
Managed Apartments
Insurance &
warranties
Real Estate
Online Retail
Servicing industry
Consumer
One time transactions
Quick online feedback
6
Sensibo and connected air conditioners
Improving energy efficiency
Anomaly detection Inefficient usage maintenance
7
Demand Response
8
Case Study: Air Conditioner Service
- How air conditioners are services
today
- The experience Sensibo brings
- Data + Online monitoring change
and reduce the cost
of service
9
Brand & Personalization
- Switching from Android to iOS and vice versa is hard
- Would this be the experience of future consumer
devices?
10
Will we buy cool air?
New Economy
11
Industrial IoT
- Automation - factories, drones, cars
- Measure & Analyze - agriculture, etc.
- Anomalies
- Thought: the bull “chief” (credit - snip)
12
Key Points
- IoT is cheaper than legacy systems
- More advanced as it is using cloud computing and OTA
updates
- Everything can be monitored in an affordable way, so it gives
rise to new products and businesses
Thank You!
omer@sensibo.com

More Related Content

More from Product of Things

Be ready for personalized augmented reality experiences with Lior Romanwosky
Be ready for personalized augmented reality experiences with Lior RomanwoskyBe ready for personalized augmented reality experiences with Lior Romanwosky
Be ready for personalized augmented reality experiences with Lior RomanwoskyProduct of Things
 
Build your first IoT device - The tricky interface of Product and R&D with Ni...
Build your first IoT device - The tricky interface of Product and R&D with Ni...Build your first IoT device - The tricky interface of Product and R&D with Ni...
Build your first IoT device - The tricky interface of Product and R&D with Ni...Product of Things
 
Avoid embarrassing press by designing secure IoT products with Misha Seltzer
Avoid embarrassing press by designing secure IoT products with Misha SeltzerAvoid embarrassing press by designing secure IoT products with Misha Seltzer
Avoid embarrassing press by designing secure IoT products with Misha SeltzerProduct of Things
 
The IoT on-boarding challenge: Software, people, and things with Noam Mantel
The IoT on-boarding challenge: Software, people, and things with Noam MantelThe IoT on-boarding challenge: Software, people, and things with Noam Mantel
The IoT on-boarding challenge: Software, people, and things with Noam MantelProduct of Things
 
Your challenge is not to sell products but to profitably manage products with...
Your challenge is not to sell products but to profitably manage products with...Your challenge is not to sell products but to profitably manage products with...
Your challenge is not to sell products but to profitably manage products with...Product of Things
 
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...Make sure your product doesn’t only follow but also lead tomorrow’s tech with...
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...Product of Things
 
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product..."Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...Product of Things
 
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau...
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau..."Lean startups : what happens when you put hardware into the mix?" - Gal Shau...
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau...Product of Things
 
"Breaking the tech barrier: difficulties of going smart for non tech teams" -...
"Breaking the tech barrier: difficulties of going smart for non tech teams" -..."Breaking the tech barrier: difficulties of going smart for non tech teams" -...
"Breaking the tech barrier: difficulties of going smart for non tech teams" -...Product of Things
 
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of...
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of..."Bridging the gap between prototypes and production" - Odi Dahan @Products_of...
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of...Product of Things
 
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...Product of Things
 
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...Product of Things
 

More from Product of Things (12)

Be ready for personalized augmented reality experiences with Lior Romanwosky
Be ready for personalized augmented reality experiences with Lior RomanwoskyBe ready for personalized augmented reality experiences with Lior Romanwosky
Be ready for personalized augmented reality experiences with Lior Romanwosky
 
Build your first IoT device - The tricky interface of Product and R&D with Ni...
Build your first IoT device - The tricky interface of Product and R&D with Ni...Build your first IoT device - The tricky interface of Product and R&D with Ni...
Build your first IoT device - The tricky interface of Product and R&D with Ni...
 
Avoid embarrassing press by designing secure IoT products with Misha Seltzer
Avoid embarrassing press by designing secure IoT products with Misha SeltzerAvoid embarrassing press by designing secure IoT products with Misha Seltzer
Avoid embarrassing press by designing secure IoT products with Misha Seltzer
 
The IoT on-boarding challenge: Software, people, and things with Noam Mantel
The IoT on-boarding challenge: Software, people, and things with Noam MantelThe IoT on-boarding challenge: Software, people, and things with Noam Mantel
The IoT on-boarding challenge: Software, people, and things with Noam Mantel
 
Your challenge is not to sell products but to profitably manage products with...
Your challenge is not to sell products but to profitably manage products with...Your challenge is not to sell products but to profitably manage products with...
Your challenge is not to sell products but to profitably manage products with...
 
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...Make sure your product doesn’t only follow but also lead tomorrow’s tech with...
Make sure your product doesn’t only follow but also lead tomorrow’s tech with...
 
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product..."Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...
"Product Architecture: failures and lessons learnt" - Royi Benyossef @Product...
 
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau...
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau..."Lean startups : what happens when you put hardware into the mix?" - Gal Shau...
"Lean startups : what happens when you put hardware into the mix?" - Gal Shau...
 
"Breaking the tech barrier: difficulties of going smart for non tech teams" -...
"Breaking the tech barrier: difficulties of going smart for non tech teams" -..."Breaking the tech barrier: difficulties of going smart for non tech teams" -...
"Breaking the tech barrier: difficulties of going smart for non tech teams" -...
 
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of...
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of..."Bridging the gap between prototypes and production" - Odi Dahan @Products_of...
"Bridging the gap between prototypes and production" - Odi Dahan @Products_of...
 
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...
“It’s Not About Sensor Making, it’s About Sense Making” - Moriya Kassis @Prod...
 
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...
“Medical Robotics - Perception & Reality - The R&D challenge” - Yossi Bar @Pr...
 

Recently uploaded

UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6DianaGray10
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesMd Hossain Ali
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioChristian Posta
 
IEEE Computer Society’s Strategic Activities and Products including SWEBOK Guide
IEEE Computer Society’s Strategic Activities and Products including SWEBOK GuideIEEE Computer Society’s Strategic Activities and Products including SWEBOK Guide
IEEE Computer Society’s Strategic Activities and Products including SWEBOK GuideHironori Washizaki
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfDianaGray10
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfinfogdgmi
 
Governance in SharePoint Premium:What's in the box?
Governance in SharePoint Premium:What's in the box?Governance in SharePoint Premium:What's in the box?
Governance in SharePoint Premium:What's in the box?Juan Carlos Gonzalez
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Adtran
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding TeamAdam Moalla
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAshyamraj55
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Brian Pichman
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UbiTrack UK
 
20230202 - Introduction to tis-py
20230202 - Introduction to tis-py20230202 - Introduction to tis-py
20230202 - Introduction to tis-pyJamie (Taka) Wang
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7DianaGray10
 
VoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXVoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXTarek Kalaji
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Will Schroeder
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsSeth Reyes
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxMatsuo Lab
 

Recently uploaded (20)

UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6UiPath Studio Web workshop series - Day 6
UiPath Studio Web workshop series - Day 6
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and Istio
 
IEEE Computer Society’s Strategic Activities and Products including SWEBOK Guide
IEEE Computer Society’s Strategic Activities and Products including SWEBOK GuideIEEE Computer Society’s Strategic Activities and Products including SWEBOK Guide
IEEE Computer Society’s Strategic Activities and Products including SWEBOK Guide
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdf
 
Governance in SharePoint Premium:What's in the box?
Governance in SharePoint Premium:What's in the box?Governance in SharePoint Premium:What's in the box?
Governance in SharePoint Premium:What's in the box?
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
 
20230202 - Introduction to tis-py
20230202 - Introduction to tis-py20230202 - Introduction to tis-py
20230202 - Introduction to tis-py
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7
 
VoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBXVoIP Service and Marketing using Odoo and Asterisk PBX
VoIP Service and Marketing using Odoo and Asterisk PBX
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
 
Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and Hazards
 
20230104 - machine vision
20230104 - machine vision20230104 - machine vision
20230104 - machine vision
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptx
 

"Emerging business models in the IoT era" - Omer Enbar @Products of Things, November 2016

  • 1. Emerging business models in the IoT era Omer Enbar, CEO and co-founder at omer@sensibo.com
  • 2. How data, real time feedback, and the ability to control and monitor online change businesses
  • 3. 3 We’re still in the “90’s” of IoT Imagine e-commerce before and after online analytics - same thing is happening to everything else
  • 4. 4 Appliances Old Economy Energy Market (utilities) OEM Brands Retail Sharing Economy & Managed Apartments Insurance & warranties Real Estate Online Retail Servicing industry Consumer One time transactions Long or no feedback cycle Cannot react to status in the field
  • 5. 5 Appliances Connected Economy Energy Market (utilities) OEM Brands Retail Sharing Economy & Managed Apartments Insurance & warranties Real Estate Online Retail Servicing industry Consumer One time transactions Quick online feedback
  • 6. 6 Sensibo and connected air conditioners Improving energy efficiency Anomaly detection Inefficient usage maintenance
  • 8. 8 Case Study: Air Conditioner Service - How air conditioners are services today - The experience Sensibo brings - Data + Online monitoring change and reduce the cost of service
  • 9. 9 Brand & Personalization - Switching from Android to iOS and vice versa is hard - Would this be the experience of future consumer devices?
  • 10. 10 Will we buy cool air? New Economy
  • 11. 11 Industrial IoT - Automation - factories, drones, cars - Measure & Analyze - agriculture, etc. - Anomalies - Thought: the bull “chief” (credit - snip)
  • 12. 12 Key Points - IoT is cheaper than legacy systems - More advanced as it is using cloud computing and OTA updates - Everything can be monitored in an affordable way, so it gives rise to new products and businesses