The era of connected devices is creating not only a new world of connected devices but also a new world of business models to align with those devices. As new businesses are emerging, traditional businesses are being disrupted following major changes in the way we all live and consume.
In his talk Omer Enbar, CEO and co-founder at Sensibo explored how the use of data accumulated, real time feedback and the ability to monitor and control devices change the way some companies do business today and how this methods will change in the future, to maximize the Plan activity of the IoT value chain.
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?
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