How big is the economic power of the Industrial Internet? Consider one analysis that places a

conservative estimate of worldwide spending at $500 billion by 2020, and which then points to more optimistic forecasts ranging as high as $15 trillion of global GDP by 2030.

The Industrial Internet—the combination of Big Data analytics with the Internet of Things (see sidebar)— is producing huge opportunities for companies in all industries, but especially in areas such as Aviation, Oil and Gas, Transportation, Power Generation and Distribution, Manufacturing, Healthcare and Mining. Why? Because, as one recent analysis has it, “Not all Big Data is created equal.” According to the authors, “data created by industrial equipment such as wind turbines, jet engines and MRI machines … holds more potential business value on a size-adjusted basis than other types of Big Data associated with the social Web, consumer Internet and other sources.”

The Internet of Things ecosystem

Unlocking the business value of connected devices

Read about strategies ‒ for both enterprise adopters and Internet of Things (IoT) providers ‒ to unlock the business value of connected devices.

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The Internet of Things (IoT) has the potential to offer business value that goes beyond operational cost savings. Providers in the IoT ecosystem have a largely unexplored opportunity to develop compelling IoT solutions that explore how the ability to collect and analyze disparate data, in real-time and across time, might transform the business. These developments will play out within and across enterprises, offering opportunities for sustained value creation and even disruption for those who can imagine possibilities beyond the incremental.

Throughout this paper, we offer strategies—to both enterprise adopters and IoT providers—to unlock the business value of connected devices. For providers, we offer six actionable strategies to create solutions that improve enterprise adopters' business performance, not just in the short term but sustained over time. For enterprise executives, we offer a framework to think about where business value resides and where opportunities might exist for IoT solutions. Learn how IoT solutions can improve enterprise adopters' fundamental business values, not just savings and risk management, but revenue growth and innovation.

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Leverage the right technology to capture new shareholder value

A research study conducted by JuneWarren-Nickle’s Energy Group and commissioned by GE Canada and Accenture presents a favorable assessment of the implementation of digital oilfield technologies even in budget-constrained times.

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The report, Digital Oilfield Outlook Report: Opportunities and Challenges for Digital Oilfield Transformation, posits that the digital oilfield offers a direct remedy for slumping oil and gas prices with proven and adaptable technologies, enabling considerable efficiency within Canada’s oil and gas field operations.

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Flashpoint: Cyber risk in an Internet of Things world

More data, more opportunity, more risk

The IoT offers new ways for businesses to create value, however the constant connectivity and data sharing also creates new opportunities for information to be compromised. Explore some of the more notable developments in the battle to combat cyber risks.

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Cyber risk in an IoT world

What makes the Internet of Things (IoT) different from the traditional Internet? People, for starters. The IoT doesn’t rely on human intervention to function. With the IoT, sensors collect, communicate, analyze, and act on information, offering new ways for technology, media and telecommunications businesses to create value—whether that’s creating entirely new businesses and revenue streams or delivering a more efficient experience for consumers.

But this also creates new opportunities for all that information to be compromised. Not only is more data being shared through the IoT, among many more participants, but more sensitive data is being shared. As a result, the risks are exponentially greater.

Take the smart home as an illustrative example. Imagine a garage door opener with the added functionality to deactivate the home alarm upon entry. This is a convenient feature for a homeowner entering their home in a hurry. However, now the entire alarm system could potentially be deactivated when only the garage door opener is compromised. The broad range of connectable home devices—TVs, home thermostats, door locks, home alarms, smart home hubs, garage door openers, to name a few—creates a myriad of connection points for hackers to gain entry into IoT ecosystems, access customer information, or even penetrate manufacturers’ back-end systems.

Many technology, media and telecom companies are already grappling with these cyber risk challenges. What are they finding? In this issue of Flashpoints, we’ll take a closer look at some of the more notable developments in the battle to combat cyber risks and take advantage of new opportunities as the IoT expands its reach:

An integrated risk philosophy is not optional

Cyber risk management and innovation must be on equal footing

No global risk standards? No excuse.

Retrofitting can work – but it introduces new risks

Loosely coupled systems can help now—in lieu of an overhaul

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By Sukriti Jalali, Head – IoT Initiatives Group, HiTech and Prateep Misra, Head – IoT Technology and Engineering group, Corporate Technology Office; TCS

In this whitepaper, we explain the concept of IoT Data Marketplace including usage scenarios, stakeholders, security and privacy consideration. Comprehending the opportunities that such a marketplace offers will help companies remain competitive and enable them to generate sustainable and long-term business benefits.

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The Internet of Things (IoT) is rapidly gaining center stage. While IoT continues to drive business process optimization, the next frontier of this breakthrough concept is envisaged to be a business model based on a data marketplace - one that allows secure and owner-controlled exchange of IoT data between entities that use it to create specialized services, thereby delivering significant value to customers. Since sensor data is estimated to represent 10 percent of the world's data, it is only a matter of time before useful, raw or processed sensor data is sold to third parties for further use, resulting in the emergence of advanced business and financial models.

The concept of an IoT data marketplace, while still in its infancy, will lead to incremental value creation and monetization across the value chain. The technology components of an IoT marketplace are gradually maturing and converging.

As data becomes the new currency or product, enterprises and consumers need to be aware of the implications and how the entire realm of IoT deployments is shaping up. Comprehending and grasping the opportunities that an IoT data marketplace offers will help companies remain competitive and enable them to generate sustainable and long- term business benefits.

In this whitepaper, we discuss the following:

The Evolving Ecosystem: IoT Data Marketplace

Uncover value from the IoT: Usage scenarios

Discover new opportunities: Drive a successful IoT marketplace strategy

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See the progress made within the Industrial Internet Consortium Working Groups in recent months.

The Business Strategy and Solutions Lifecycle Working Group was established nine months ago to provide guidance and best practices for all aspects of developing and operating an industrial internet solution: from defining a strategy and generating ideas, through business-case creation, project management, architecture design, technology selection, implementation, testing, rollout and monitoring through operations.

The Industrial Internet represents the next big wave of innovation and will fundamentally transform industrial sectors of the economy. McKinsey Global Institute estimates an annual economic impact of $2.7 trillion to $6.2 trillion by 2025. Gartner estimates it will lead to a digital workforce and smart machines that will replace 1 in 3 knowledge workers by 2020. General Electric estimates that the Industrial Internet could add $10-$15 trillion to the global GDP over the next 20 years.

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This transformation has already started, yet the Industrial Internet is still in its infancy stage. Given the trillions of dollars at stake, there will be a wave of investments: in companies, in processes, in technologies, in capital equipment, and in people. Last year, the Thought Leadership Task Group of the Industrial Internet Consortium commissioned a project on investment strategies around IIoT to find out what was changing, how companies were evaluating new opportunities, and what were considered best approaches.

Special thanks to the following member organizations for their contributions to this whitepaper:

Accenture

Bosch

Frost Data Capital

GE

Huawei Technologies

Intelligent Structures, Inc.

Microsoft Corporation

Pitney Bowes

Tyco

An additional special thanks to:

Flatiron Strategies

Purfresh

Judith Kelley, Principal, New England Partners

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Fadell是曾经任职苹果(Apple)并表现杰出的美国硅谷名人，在iPod与iPhone的开发过程中扮演要角；他的工程专业以及在硅谷的名 气，为他创办的Nest──制造智能连网恒温器以及烟雾探测器──增添了不少魅力与信誉。但没有了Fadell，Nest还剩下什么？

Tony Fadell在美国时间6月3日宣布将离开他一手创立的Nest，有如对该公司(或者该说是Google母公司Alphabet)的员工抛出一记震撼弹；是什么原因导致Fadell求去？为何选在这个时候？这个离职消息留下了几个疑问。

其 次，Google在2014年以32亿美元收购了Nest，是该公司史上最大规模的收购案之一；从很多方面，Google对Nest的收购为物联网提供了市场动能，毕竟谁不想成为下一个Nest？虽然Nest的产品只有恒温器以及烟雾探测器，但那些产品拥有美观的设计以及连网功能，它们是未来物联网时代数 位连网家庭的先驱…或者说我们都这么认为。

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Fadell的离职反映了目前物联网所面临的挑战，对甚至是Nest这样的公司来说，显然要开发一个应该要与各种传感器以及不同家用装置联机的无线中枢设备并不是那么 简单；业界消息指出，Nest在过去三年来更改过多次一款代号为“Flintstone”的无线中枢产品方向。

第三，Fadell表示他虽然将离开Nest，但仍会是Alphabet以及Google共同创办人Larry Page的顾问；这意味着什么？Fadell在Nest的接班人是Marwan Fawaz，过去曾任职于Motorola Mobility与Charter Communications；而值得注意的是，Fadell一度被预期会在Alphabet的硬件策略中扮演核心人物，但并没有发生。

而无论是Fadell或是Nest，似乎都没有参与Google即将推出的消费性电子新产品──Google Home；Google Home是一款类似Amazon Echo的语音启动家用产品，让用户能透过语音控制使用Google搜索引擎、播放音乐串流以及处理日常任务，预计今年稍晚上是、价格未定。

不 过一位Nest发言人指出，Google Home上市之后将能与Nest产品兼容：“我们正与Google负责该产品的团队紧密合作，确保彼此产品共同用户获得最佳体验；Google Home将能与Nest兼容，并能控制Nest产品，与我们和Amazon Echo的整合类似。”

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