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SMART OBJECTS

SMART OBJECTS. Greg Berryman Erin Cavanaugh Mary Beth Mathias Matt Tryniecki. TABLE OF CONTENTS. What are smart objects? Advantages/Disadvantages Industry Examples Leaders in the Field How can smart objects help YOUR company? What does the future look like for smart objects?.

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SMART OBJECTS

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  1. SMART OBJECTS Greg Berryman Erin Cavanaugh Mary Beth Mathias Matt Tryniecki

  2. TABLE OF CONTENTS What are smart objects? Advantages/Disadvantages Industry Examples Leaders in the Field How can smart objects help YOUR company? What does the future look like for smart objects?

  3. What are smart objects, and how are they used? • The Internet of Things • Examples of Smart Objects • How Smart Objects Work • Information & Analysis • Automation & Control

  4. What are some advantages of smart objects? Damage avoidance Mississippi River Bridge Disaster Risk minimization Huge data mines allow better decision-making Costs diminished Increased revenues Retail companies can track customer behavior to create optimal retail layouts Better healthcare Real time symptom analysis Decrease electricity usage “smart grid”

  5. What are some disadvantages of smart objects? • Expensive • Privacy concerns • “…not a safer society but a surveillance society” • Security issues • Huge quantity of data • Too much reliance on them? • Mimics human decision making

  6. Industry Examples • Tracking consumer behavior • Tracking traffic patterns • Track water and energy usage • Smart cars • ‘Superstructures’’ • Sensor implants in humans and animals

  7. Leaders in the Field • Pacific Northwest National Laboratory – Electricity grids • Medtronic – Health devices • E-Zpass, iZoom – Payment technique • WalMart – Inventory management • USA –Passport security

  8. How can smart objects help YOUR company? • Better customer service • Companies can charge by specific usage • More effective advertising • Security for your business • Precision monitoring of business activities and optimization of systems

  9. What does the future look like for smart objects? • Businesses must prove that sensor driven business models are actually better • Companies need to read up on data and privacy rules • The price of sensors and actuators must go down, and these things must work in harmony with computers • Process optimization and energy efficiency should be good early targets

  10. Conclusion A bright and exciting future with some hurdles to jump

  11. Questions?

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