Regulation : What is it good for?

Transcription

1 Regulation : What is it good for? Paul Egan, IoTUK Venture Fest East, Newmarket, May 24 th

2 IoTUK Looking at how regulation has lead to advancement in technology & business

3 IoTUK But first A word from our Sponsors

4 Department of Culture, Media & Sport (DCMS) Innovate UK Catapults Cell Therapy Energy Systems High Value Manufacturing Medicines Technologies Digital Future Cities Offshore Renewable Energy Precision Medicine Satellite Applications Transport Systems IoTUK

5 IoTUK: The programme Partnerships between Digital Catapult (lead) & the Future Cities Catapult Role is central coordination & programme integration of Innovate UK programme and ecosystem activities Forms part of overall 40m UK Gov. IoT program Program to run until end of March 2018

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7 Catapult Centres London Brighton North East and Tees Valley Yorkshire Clusters & Communities Liverpool Vision The Landing, Manchester FutureWorlds, Southampton UK Business Angels Association Capital Enterprise Codebase Edinburgh Tech London Advocates Manchester City Council Cisco International Limited British Telecommunications Plc Manchester Science Partnerships Ltd Asset Mapping Limited Clicks and Links Ltd Central Manchester University Hospitals NHS Foundation Trust Future Everything CIC Kiltr Limited OCF Plc Ordnance Survey PrismTech Ltd Republic of Things Ltd SatSafe Limited Smartgateways Ltd Sparta Technologies Limited Spica Technologies Limited Telensa Limited Runner up city consortia Lancashire and Cumbria Innovation Alliance (LCIA) Test Bed Long Term Conditions Early Intervention Programme RAIDPlus Integrated Mental Health Urgent Care Test Bed ODI Leeds/Digital Catapult Yorkshire Cambridge Wireless Sunderland Software City Censis Brighton Catapult Centre CityVerve Transport for Greater Manchester University of Manchester Manchester Metropolitan University Technology Integrated Health Management (TIHM) Care City Health and Care Test Bed PErfect Patient PAthway (PEPPA) Test Bed UK Government Cabinet Office DCMS DEFRA DfT BIS DH DWP Office for Life Sciences Government Office for Science Innovation Catapults Alan Turning Inst BBSRC Surrey and Borders Partnership NHS Foundation Trust University of Surrey Kent Surrey Sussex Academic Health Science Network (AHSN) Royal Holloway University of London Alzheimer's Society Action for Carers Surrey Guildford and Waverley Clinical Commissioning Group Flexeye Telefónica Europe Cisco International Limited Docobo elucid mhealth Halliday James Healtrix Intelesant Safe Patient Systems Sense.ly Vision 360 / Arqiva Yecco Policy research RAND British Computer Society Standards BSI IoT Security Foundation Digital Catapult Future Cities Catapult Diabetes Digital Coach West of England Academic Health Science Network Corsham Institute Diabetes UK Hewlett Packard Enterprise (HPE) Ki Performance LeLan/SocialDiabetes Mapmyhealth Oviva Rescon ROutcomes Soupdragon Resources HEOR Bath & North East Somerset, Bristol, Gloucestershire, North Somerset, South Gloucestershire, Swindon and Wiltshire CCGs Royal United Hospital Bath NHS Trust North Bristol NHS Trust SEQOL Sirona Care & Health Bristol Community Health Industry orgs Tech City UK Tech UK KTN EU DG Connect Alliance For Internet Of Things Innovation (Aioti) PETRAS Research Hub University College London University of Warwick University of Oxford Lancaster University Imperial College London Cardiff University University of Southampton University of Surrey University of Edinburgh Initial Linked Users Amadeus Capital AT&T BBC BRE British Gas BT Callsign Cisco Concentra Costain Cube Controls Ltd DSTL (MoD) EE GLA HMGCC Home Office IMEC Institute for Sustainability Intel International South Korea NIA Singapore Smart Nation Daejon (Ministry of Science, ICT and Future Planning, City Council, FAB-LAB) InterDigital intouch LLDC mevaluate NEC Network Rail NEXOR NSC Ordnance Survey Pinsent Masons RBS Siemens Sogeti Telefonica Toshiba TRL Which? ZTE

8 Regulation Past, Present & Future Examples of how different regulation has created markets, driven innovation & enabled companies to migrate from products to a service based business model A instance where an industry is ahead of the regulation & an absence of regulation may kill innovation This is not a call for more regulation, rather an illustration of how regulatory change has enabled & driven innovation

9 Consumer - Hands free driving legislation On December 1, 2003, a law, "The Road Vehicles (Construction and Use) (Amendment) (No. 4) Regulations 2003", came into force to prohibit drivers using a hand-held mobile phone, or similar device, while driving one of the 1 st in the world Before this change in the law, there was a nascent Bluetooth market focused on wire replacement This one piece of legislation changed the Bluetooth market & drove a wireless revolution in audio and in handsets

10 Industrial - Fire Regulations (US) US Company engauge, originally in the Fire Extinguisher (FE) pressure gauge business, has used regulation & enforcement to develop a connected extinguisher The wireless sensor reports FE pressure & location in accordance with US Federal Law This allows companies to know they are compliant with all Fire Code regulation to avoid costly fines or worse liability in the event of an incident This innovation has now means engauge can offer EaaS or Extinguishers as a Service

11 Healthcare Monitoring Sleep Apnoea On 1 st January 2016 new EU rules for the licensing of drivers with Obstructive Sleep Apnoea (OSA) OSA affects 4% of the UK population or 3.4M in the UK EU Directive now mandates the monitoring of patient compliance to treatment Mandiblular Advancement Device (MAD) from Somnomed with built in wireless monitor Devillebis CPAP treatment is connected using Mobile network

12 Future Autonomous Cars Yes/No? Driver assistance now common in many new cars Park pilot, Lane departure, RADAR Controlled Adaptive Cruise No regulatory changes needed for these Autonomous car tech will be mainstream market ready by 2020 What about regulation?

13 Future - Developments ahead of regulation? Many regulatory challenges lay ahead Most notably the questions of ethics & liability Summed up by the ethical questions If an autonomous vehicle finds itself in a situation where it will either hit a person in the road or an oncoming car, which will it choose? If one or the other were inevitable, would it rather hit another car full of passengers, or crash itself into a wall, potentially hurting its occupants? Most industry observers are predicting up to 10 years for widespread regulation to catch up with the Tech & the market

14 Summary IoT businesses are already being enabled by existing regulation expect more to come Regulation is traditionally developed in collaboration with stakeholders through consultations this is an opportunity to engage with regulators & help shape the rules In the UK - Expect an Ofcom consolation to explore the needs of security of IoT As seen above, many regulatory situations present opportunities for innovation business success

15 Q&A Thank you!!!