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Agenda
What is Internet of Things & Internet of
Everything !
Fututre Trends
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What is Internet of Things?
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IoT in various Industry
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Facts and figures (Global)
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Example 1
Receives Data from
weather department and
informs the client well in
advance of an incoming
storm, its probability and
impact
Analyses data from news portals to
know latest happenings and
reverts back to client
Receives and analyses
historical data from
various sources to
calculate probability
of event
Receives traffic data and
suggests alternative routes
Example 2
Receive data of
location,
temperature,
humidity and other
variables required
Source: https://www.youtube.com/watch?v=KEC5DQqCykI
Maersk Line
Analyses data on empty containers and
compares data with nearby ports where they
can be unloaded
Allows clients to track the position of their
shipment
Provides voyage optimization
IoT in India
IoT market in India is poised to reach USD 15 billion by 2020
accounting for nearly 5 percent of the total global market
Over USD 1 billion investment commitment by the Indian
Government on building 100 smart cities every year for the next 5
years
With nearly 120 firms offering solutions in IoT segment, 70 % of
IoT start-ups have emerged since 2010
Investors are showing a keen interest in a number of startups with
cumulative investment of around > USD 60 million since 2014
SOURCE: NASCOM IOT in India the next big wave- July 2016
IoT and Supply Chain Management
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How will be the Impact of Cloud Computing on Supply Chain?
Forecasting and Planning:
Cloud base data helps to gather data about different suppliers, creating benefit for
companies.
This helps companies to understand suppliers abilities and analyze their
performance and accordingly place orders in future transactions.
Cloud Computing in Supply Chain Managemeunt: An Overview (PDF Download Available). Available from:
https://www.researchgate.net/publication/260510400_Cloud_Computing_in_Supply_Chain_Management_An_Over
view [accessed Jun 11, 2017].
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Logistics:
Cloud computing will be useful for
inventory, warehouse and transportation
management, due to its tracking
operations to multiple supply chain
partners.
Processes such as replenishment planning,
order processing, fleet management,
transportation route planning as well as
global trade compliance can migrate to the
cloud.
3PL companies will see a huge positive
impact in terms of Warehouse
management and all in one platform and
one cloud.
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Manufacturing 35% of
manufacturers already use
smart sensors
Banks Over 3 million ATMs
were installed globally in 2015
(World Bank)
Smart meters Around
313million are already
installed in homes worldwide
Hospitality 31% of hotels
use next generation door
locks, 33% have room control
devices, 16% have connected
TVs and 15% use connected
beacons throughout the hotel
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Future Trends
Data collection will move to cloud using algorithms to optimise the
operations of a machine
Hiring will continue to be a challenge for IOT due to the lack of
security professionals
There will be an exponential increase in the production of IOT
products
IOT products will have a service component. E.g. Amazon echo
Startups will be extremely influential as they are more in tune with
the plight of the average person
Spending on drones will reach $8.7 billion by 2020
Uniformity with respect to standards will be hard to attain
Paradigm shift with respect to automation. E.g. Teslas Elon Musk
promised that by 2017 a car without the need for a human driver will
be ready
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GROUP :
Rucha Shirudkar
Juee Guhagarkar
Aniruddha Chavhan
Ganesh Malondkar
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