Transcript IoTAA slide deck Nov 2016

SEIZING THE
INTERNET OF THINGS
OPPORTUNITY FOR
AUSTRALIA
IoT – A future of connected things and connected
data - transforming industries
99%
of things in the
world are still
not
connected
20x
Cost of sensors
past 10 years
40x
Cost of bandwidth
past 10 years
60x
Cost of processing
past 10 years
1 Trillion
connected
things by 2035
Source: Goldman Sachs
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WHAT IS THE INTERNET OF THINGS?
• Translating the physical world to digital
• Collecting, transforming and sharing data
• Using analytics to gain insights, find patterns,
predict performance, optimise systems
• Data-driven user assistance and process
automation
• IoT comprises
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Sensors/actuators
Communications
Data/analytics
Applications
Visualisation and User interfaces
Wrapped in security
A technology system that enables digital transformation of industry
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IOT IMPACT: 1% - 2% UPLIFT OF GDP
• This assumes an even
impact across most
industry segments
• BUT this will not
happen! However:
• Australia can take
a lead in focus
areas
• There are barriers
to adoption
including
regulatory, policy,
level of
competition,
interoperability
etc
$3bn – $5bn
$4bn – $10bn
$13bn– $22bn
$2bn – $3.3bn
$45bn – $116bn
per year in 2025 in Australia
$2bn – $8bn (incl. agri)
$6bn – $17bn
$10bn – $14bn
$2.5bn – $24bn
$2.5bn – $12.7bn
McKinsey Global Institute
(figures re-calculated to reflect
Australian impact)
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IoTAA – A Call to Action
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AUSTRALIA’S COMPETITIVENESS IS AT RISK
• In 2016 Australia has fallen in the ranks of
• the World Economic Forum Global
Competitiveness Index from 21st to
22nd . The World Economic Forum
says Australia "remains far behind
the world's innovation powerhouses“
• the World Economic Forum Global
Information Technology report 2016,
from 14th to 16th
• Many competitors are advanced in IoT
• Germany, Industrie 4.0
• UK, Innovate
• Singapore, Smart Cities
• US – National IoT Strategy plus sector
advances in Agriculture and
transport
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Industry Action - IoT Alliance Australia
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A Broad Alliance
IoTAA Executive Council:
• Australian Communications and Media Authority (ACMA)
• Australian Communications Consumer Action Network
(ACCAN)
• Australian Competition and Consumer Commission
(ACCC)
• Australian Information Industry Association (AIIA)
• Australian Mobile Telecommunications Association (AMTA)
• Business Council of Australia (BCA)
• Commonwealth Bank
• Communications Alliance
• Creator Tech
• CSIRO
• Department of Communications and the Arts (DoCA)
• Department of Prime Minister and Cabinet (PM&C)
Ericsson
Hewlett Packard Enterprise
Huawei
IBM
Intel
Internet Australia
Knowledge Economy Institute (KEi)
KPMG
nbn
Nokia
Office of the Australian Information Commissioner
(OAIC)/Australian Privacy Commissioner
• Optus
• Telstra
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IOTAA INDUSTRY ACTION
IoTAA
Board
300 participants
from 125 organisations
IoTAA
Executive Council
IoTAA
Secretariat
Chair: John Stanton
(Communications Alliance)
Workstreams
Collaborative AUS
IoT Industry
Smart Industries &
Cities
Open Data & Privacy
Spectrum Availability
& Licencing
Security & Network
Resilience
Start-up Community
Chair: Tristan Masters
(KPMG)
Chair: Catherine
Caruana-McManus
(Giant Ideas)
Chair: Peter Leonard
(Gilbert + Tobin)
Chair: Nevio Marinelli
(ACMA)
Chair: Malcolm Shore
Chair: Stuart Waite
(Timpani)
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THREE KEY FACTORS FOR IoT SUCCESS
• Collaboration is critical for success
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Industry/Government collaboration underpins the global leaders today – UK, Germany,
Singapore, Japan
A healthy ecosystem including academia, industry, Government and investors is
needed
Big players must work with small players, disruption needs to be supported
• Learning by doing – key to innovation and planning
• Technology and business model disruption is happening fast
• Triggering activity in areas of national interest
• Streamlining governance, crossing boundaries to unlock innovation
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Enabling innovation across traditional sector boundaries
Open data and analytics offer the keys to opportunity
Industry, Government and Research must work together
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The IoTAA
Work Streams
Focussing on the
major enablers and
inhibiters for IoT
Industry adoption
Collaboration
Collaborative AUS
IoT Industry
Smart Industries &
Cities
Spectrum Availability
& Licencing
Open Data & Privacy
Security & Network
Resilience
Start-Up Community
Building, informing, educating and catalysing the Australian IoT Eco-System
industry, consumer,
standards bodies
Water & energy
resources
Associations
Research/education
IoT service providers
Regulators/policy makers
Enablers
hubs, incubators,
accelerators, partners
Food &
agribusiness
Transport
Smart Cities
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