Open Innovation 2.0 Conference The Internet of Everything

Yesterday I attended the second Open Innovation 2.0 Conference in Dublin. The conference brought together high-level decision makers, leading innovation experts and practitioners from across the globe for a whole-day conference devoted to inspiring sessions and interaction on Open Innovation 2.0 business models and ecosystems. One of the topics covered was The Internet of Everything & the Smart City.

The Internet of Things also know as the Internet of Everything  is the biggest jump in computing since the internet or mobile computing and it will revolutionise our world for the better. The Internet of Things or IoT is where objects, animals or people are provided with unique identifiers, and they can also automatically transfer data without needing computer or human assistance.

At the moment it is just associated with machine-to-machine (M2M) communication in manufacturing and power, oil and gas utilities. It will soon become more widespread in devices such as a smart watch worn on the wrist of a patient with a health complaint like a heart condition. If the watch detects changes for the worst it automatically contacts the patient’s doctor.

Smart Cities can give us live status updates on traffic patterns, pollution, parking spaces, water, power and light. This information can improve the economic and environmental health of the city for residents, businesses, and visitors. It can improve working conditions and productivity for the people who maintain the city.

One of the big costs for a city is street lighting and in a Smart City this is easily dealt with. All the streets lights would be linked to the main grid as an IoT, and when the main grid notices the sun has gone down, it tells the street lights to turn on.

The guest speakers were:
Mark Kleinman from the Greater London Authority who spoke about Smart London.
David Boundy from Intel who spoke abou Intelligent Cities.
Ronan Stéphan from Alstom who spoke about The Internet of Things.
Ilkka Kakko from Karostech who spoke about Serendipity and Open Innovation.
Walter Weigel from Siemens who spoke about Future World.
Michela Magas from Stromatolite who spoke about IOT Futures.

They all mentioned that IoT and the Smart City is here to stay. They did note that security is a very high priority. The Stuxnet virus was mentioned because factories and power plants will be at the heart of the Internet of Everything and the Smart City, and you can also find more information on it in one of my earlier posts.

As we start to rely more on technology we rely less on humans to check everything is ok and we have to make sure that civil liberties are not abused. The IoT and the Smart City have their place in society provided there are safeguards to make sure they can’t be abused. If for example the road networks in a city could be controlled by outside forces there would be chaos and wall to wall traffic jams.

Like it or not the IoT and the Smart City will be coming to a city near you soon and we will have to embrace it, but don’t worry if your NCT or Car Tax Cert is out by a few days as IoT and the Smart City are designed to be revenue savers not revenue earners.

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