EECS 1 Lecture Notes - Lecture 6: Critical Infrastructure, Disruptive Innovation, Hype Cycle
10 May 2018
School
Course
Professor
EECS – 18000 – Intro to EE & CPE
Week 6 – Lecture 6 – The Internet of Things
Professor Kwei-Jay Lin
• Expert on the topic of the Internet of things (IoT)
Internet of Things
• Exploring New Frontiers Created by Information Technology
• Company Value Keyword Cloud
o When you want to build a company, common question asked is what you
want the company to stand for
o What do you want to create for the company?
▪ Innovation
o Everyone in the government, industry and company are speaking about
innovation
▪ It’s a very highly regarded topic
Innovation
• It is the number one buzzword that every business and government leader likes
to talk about
• It occurs at the intersection of invention and insight
o Invention is a new idea, but if you have inventions that bring value, it is
innovation
o It is the fusion of new developments and ability to solve problems
• Innovation Pace is moving faster
o Never before has a communications medium been adopted as quickly or
as widely as social media
▪ It took TV 13 years to reach 50 million households
▪ Internet 3 years to sign their 50 millionth subscriber
▪ Facebook just a year
▪ Twitter even less
o Every company wants more value; innovation creates value
• Types of Innovation
o Sustaining innovations
▪ New and better technology to help leading firms consolidate their
hold on the market
▪ Examples being smartphone companies putting so much into new,
update products and new technology
o Disruptive innovations
▪ Typically offer lower functionality in terms of customer’s
requirements and are of little use or interest to current customers
▪ Examples being Airbnb, ShareBike, or drones
find more resources at oneclass.com
find more resources at oneclass.com
▪ Disruptive innovation usually starts with something that’s very low,
but then escalates into something high quality and can even take
over
Is Internet LE or NM disruptive?
o Low-End
▪ Companies can adopt internet in the new infrastructure using ERP,
BPM, Cloud
o Mew Market
▪ Many internet-based companies (Amazon, Expedia, Airbnb) are
thriving
▪ Google has soared from $26 billion @IPO to now more than $723
billion
▪ Facebook has a market cap more than $515 billion
▪ Uber, Airbnb
• Gartner Hype Cycle
o Gartner Hype Curve
o Describes how technology is moving into adoption
▪ in the beginning, starts out as prototypes
▪ when known by the media, it starts to get reported
▪ And then many people start to expect
▪ But when they experience that, they say that the first generation is
NOT so good
• Many people are initially disappointed; called sliding through
the trough
▪ But then the next generation comes out, and then the next
▪ And as technology improves, it begins to pick itself up and prosper
• Gartner Hype Cycle 2010
o High expectations for 3D printing
o Media tablets
o Old technology being updated and replaced
o Video search
• Gartner Hype Cycle 2012
o Internet of things has appeared
o Everybody talked about it 2012
• Gartner Hype Cycle 2014
o Internet of Things peaked at the number 1 thing that people talked about
• Gartner Hype Cycle Now
o Artificial Intelligence
• Why Internet of things?
o Two companies were sold
▪ One being NEST
find more resources at oneclass.com
find more resources at oneclass.com
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EECS 1 Full Course Notes
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Document Summary
Eecs 18000 intro to ee & cpe. Week 6 lecture 6 the internet of things. Professor kwei-jay lin: expert on the topic of the internet of things (iot) Innovation: everyone in the government, industry and company are speaking about innovation. It is the number one buzzword that every business and government leader likes to talk about. It occurs at the intersection of invention and insight. Invention is a new idea, but if you have inventions that bring value, it is innovation. It is the fusion of new developments and ability to solve problems. Innovation pace is moving faster: never before has a communications medium been adopted as quickly or as widely as social media. It took tv 13 years to reach 50 million households. Is internet le or nm disruptive: low-end, companies can adopt internet in the new infrastructure using erp, Internet of things has appeared: everybody talked about it 2012, gartner hype cycle 2014.
