The Internet of Things (IoT) for Executives

The ever-evolving connectivity of IT devices, sensors, vehicles, buildings, factories, and other systems is a major challenge, but also creates huge potential for our digital future. Advances in robotics and sensor technology are driving the increase of efficiency and productivity in different industries which benefit from the connection among billions of devices - By 2020, the Internet of Things (IoT) is expected to connect 50 billion smart objects to the network thereby enabling world where the real, digital and the virtual are converging to create smart environments that make energy, transport, cities and many other areas more intelligent. But how does it exactly work and benefit your organization? How is it implemented? What are the advantages and disadvantages of an IoT service or product platform? This training focuses on the fundamental core technologies and concepts of the Internet of Things in order to address those questions. This workshop is an introduction to the world of the Internet of Things and teaches the basic concepts of the IoT ecosystem and presents application examples as well as business models. Participants will become familiar with the IoT fundamentals by gaining an understanding of the Internet of Things strategies and the practical aspects of taking an IoT solution from ideation to adoption. Moreover, participants will identify customer-centric IoT business opportunities and create an IoT project of your own concept and get exclusive insights into how to manage adoption through a real-world corporate business case.

Business Executives, managers and employees keen to understand the essentials of the Internet of Things

A basic understanding of computer science is recommended.

A basic understanding of computer science is recommended.

Internet of Things (IoT), Digitization, Products and Services - Industry 4.0 and Machine-to-Machine (M2M) Economy - IoT transformation - IoT business models - Products and Services: Smart Homes and Smart Cities, Autonomous cars, Wearables, Healthcare, Industry 4.0 - Methods used: Lecture with slides and further material, discussion. Key Concepts of the Internet of Things – Part 1 - Hardware and communication protocols, Machine Learning - Methods used: Lecture with slides and further material, discussion. Key Concepts of the Internet of Things – Part 2 - Big Data, Security and privacy, IoT Architectures - Methods used: Lecture with slides and further material, discussion. Security, Privacy and Data Protection - Secure communication and data management, Encryption, Network security, Identity and authentication - Methods used: Lecture with slides and further material, discussion.

Understand what Internet of Things is and why it is important to your business - Understand underlying technologies - Knowledge about the use of IoT for different applications - Knowledge about how IoT can be specifically applicable for their business - Look at IoT Solutions from User, Business, Operational, Revenue and Cost Perspectives - Introduce IoT into your Business

Participants will gain insights into the fundamental core technologies and concepts of the Internet of Things. The training will cover the basics of the IoT ecosystem, application examples, business models, and practical aspects of taking an IoT solution from ideation to adoption. The workshop will also focus on identifying customer-centric IoT business opportunities and creating an IoT project concept.