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Overcoming barriers
to a connected world
Charles Mok, Legislative Councillor
(Information Technology)
IET ICT Conference 2018
Why is the Internet of Things
taking so long to deliver on its
full potential?
What are the major roadblocks?
◉ Slow pace of growth and adoption?
◉ Low revenue?
◉ The technology is available but the path to a
connected world is unclear
1. Uncertain demand of IoT solutions
◉ Especially for consumer IoT services
◉ Slowly emerging demand for e.g.
smart home solutions
2. Fragmented standards and
closed systems
◉ Multiple standards and platforms
◉ Open APIs to make sharing info
easier
◉ Developers may be better off
working within existing solutions
3. The business case for IoT –
cost saving?
“
We focused on how adding connectivity
reduces the operating cost of an
expensive machine.
What about less expensive devices?
How IoT can generate revenue should not
be overlooked.
4. Privacy and security concerns
◉ Security implications - Billions of
connected devices
◉ How IoT devices can be used for
government surveillance
◉ Security incorporated into solution
design – increasing demanded by
customers
5. Data Discoverability
◉ using data from multiple sources is difficult or
impossible
◉ 40 percent of the value of IoT will be from
solutions using multiple sources
◉ Resolution needed - data discovery, data
formats, payment for data
Hong Kong – Challenges in IoT development
Challenges in IoT development
◉ Investment in R&D
◉ Slow 5G development
◉ Government policy – a vision for digital
transformation
◉ Talent
Embracing the new era of
the Internet of Things
Are we falling behind?
A new licensing regime for IoT
platforms and services
◉ Since December 2017
◉ 2 Licensees (to date)
A support platform /testbed for pilots
and trials of new sensor devices/ systems
Transforming construction
industry digitally
◉ Machine learning and predictive
analytics tools are powering
new automated systems
◉ Hong Kong Government is
currently urging adoption of IoT
technologies and solutions
◉ Pushing the city forward as a
‘smart city’
Is IoT Development delayed?
How do we overcome the barriers?
Overcoming barriers to a
connected world
◉ We need to make IoT adoption easier for
end-users deploying these technologies
◉ Clear Government policy and direction
◉ Open APIs, standards and protocols
◉ Talent, R&D, business case, privacy and
securities
Making the Internet of Things easily accessible
Charles Mok 莫乃光
www.charlesmok.hk
Thanks!

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IoT: Overcoming Barriers to a Connected World

  • 1. Overcoming barriers to a connected world Charles Mok, Legislative Councillor (Information Technology) IET ICT Conference 2018
  • 2. Why is the Internet of Things taking so long to deliver on its full potential?
  • 3. What are the major roadblocks? ◉ Slow pace of growth and adoption? ◉ Low revenue? ◉ The technology is available but the path to a connected world is unclear
  • 4. 1. Uncertain demand of IoT solutions ◉ Especially for consumer IoT services ◉ Slowly emerging demand for e.g. smart home solutions
  • 5. 2. Fragmented standards and closed systems ◉ Multiple standards and platforms ◉ Open APIs to make sharing info easier ◉ Developers may be better off working within existing solutions
  • 6. 3. The business case for IoT – cost saving?
  • 7. “ We focused on how adding connectivity reduces the operating cost of an expensive machine. What about less expensive devices? How IoT can generate revenue should not be overlooked.
  • 8. 4. Privacy and security concerns ◉ Security implications - Billions of connected devices ◉ How IoT devices can be used for government surveillance ◉ Security incorporated into solution design – increasing demanded by customers
  • 9. 5. Data Discoverability ◉ using data from multiple sources is difficult or impossible ◉ 40 percent of the value of IoT will be from solutions using multiple sources ◉ Resolution needed - data discovery, data formats, payment for data
  • 10. Hong Kong – Challenges in IoT development
  • 11. Challenges in IoT development ◉ Investment in R&D ◉ Slow 5G development ◉ Government policy – a vision for digital transformation ◉ Talent
  • 12. Embracing the new era of the Internet of Things Are we falling behind?
  • 13. A new licensing regime for IoT platforms and services ◉ Since December 2017 ◉ 2 Licensees (to date)
  • 14. A support platform /testbed for pilots and trials of new sensor devices/ systems
  • 15. Transforming construction industry digitally ◉ Machine learning and predictive analytics tools are powering new automated systems ◉ Hong Kong Government is currently urging adoption of IoT technologies and solutions ◉ Pushing the city forward as a ‘smart city’
  • 16.
  • 17.
  • 18.
  • 19. Is IoT Development delayed? How do we overcome the barriers?
  • 20. Overcoming barriers to a connected world ◉ We need to make IoT adoption easier for end-users deploying these technologies ◉ Clear Government policy and direction ◉ Open APIs, standards and protocols ◉ Talent, R&D, business case, privacy and securities Making the Internet of Things easily accessible