The McKinsey Global Institute has stated that the use of IoT could unlock $4-11 Trillion in value annually within ten years, and hype about the Internet of Things continues to grow. But what does it take realize this potential? A panel of experienced practitioners will discuss how IoT data and analysis is already generating significant value, and share tips and pitfalls they have learned about making IoT a reality.
Beyond the Hype: Making the Internet of Things a Reality
Beena Ammanath is Executive Director for Data Science Products at GE Digital. She works across the GE businesses and external customers to accelerate data science leveraging big data technologies on Predix, GE’s Industrial IoT platform via revenue-generating data and analytics products.
She is a seasoned technology leader with over 23 years experience building core big data/data science competencies and leading high performance teams from the ground-up, scaling 0 to 150+ geographically distributed global teams with a sharp focus on strategy and successful execution of industrial scale data science products and services. Beena has held engineering and management positions at recognized international organizations including British Telecom, E*trade, Thomson Reuters, Bank of America and Silicon Valley startups. She holds a Masters in Computer Science and MBA in Finance.
She has been a featured speaker at various industry conferences on the topics of data science, big data, technology transformation and women in leadership. Beena is dedicated to supporting diversity in technology both within GE and beyond. Outside of GE, she is on the Board of Directors for the non-profit organization, ChickTech.
Dr. Michael Chui is a partner at the McKinsey Global Institute (MGI), McKinsey's business and economics research arm. He leads research on the impact of information technologies and innovation on business, the economy, and society. Michael has led McKinsey research in such areas as Big Data, Web 2.0 and collaboration technologies, and the Internet of Things.
Michael is a frequent speaker at major global conferences, and his research has been cited in leading publications around the world. His Ph.D. dissertation, entitled "I Still Haven't Found What I'm Looking For: Web Searching as Query Refinement," examined web user search behaviors and the usability of Web search engines.
As a McKinsey consultant, Michael served clients in the high-tech, media, and telecom industries on strategy, innovation and product development, IT, sales and marketing, M&A, and organization.
Prior to joining McKinsey, Michael served as the first chief information officer of the city of Bloomington, Indiana, where he re-architected the enterprise architecture using open source technologies and led a project that resulted in Bloomington becoming the first community in the world to offer both live and archived video streaming of public meetings on the web.
Before that, Michael was founder and executive director of HoosierNet, Inc., a nonprofit cooperative internet service provider that offered dial-up and broadband access to the Internet to consumers, nonprofits, governments, and businesses.
Pankaj Mayor is Vice President of Business Development at GLOBALFOUNDRIES responsible for partnerships and alliances.
Prior to GLOBALFOUNDRIES, Mr. Mayor was the Vice President of Marketing at Cadence Design Systems, Inc. As a member of the executive team he led the marketing organization for Cadence. He also served in marketing and engineering management roles at Simplex Solutions Inc. and at Synopsys, Inc.
Kris received his B.A. in Applied Physics from UC San Diego, 1986, and an M.S. and Ph.D. in EECS from UC Berkeley in 1989 and 1992. Prior to joining the faculty of EECS in 1996, he taught in the Electrical Engineering Department at UCLA.
Professor Pister developed Smart Dust, a project with the goal of putting a complete sensing/communication platform inside a cubic millimeter. For this project, he was awarded the second annual Alexander Schwarzkopf Prize for Technological Innovation, in 2006, from the I/UCRC Association, for developing and successfully commercializing Smart Dust. He has also focused his energies on synthetic insects, which he has characterized as "basically Smart Dust with legs." Professor Pister was awarded the Alfred F. Sperry Founder Award in 2009 for his "contributions to the science and technology of instrumentation, systems, and automation."
Kris is a co-Director of the Berkeley Sensor and Actuator Center (BSAC) and a researcher with the Center for Information Technology Research in the Interest of Society (CITRIS).