Driving Towards an IoT Payoff: Keep it Simple – It’s Not Just About the Technology
Driving Towards an IoT Payoff:
Keep it Simple – It’s Not Just About
Dr. Mazlan Abbas
Chief Executive Officer
Indonesia Digital Economy Summit 2017
Jakarta International Expo, 25 – 26 Oct. 2017
Business Survival in 21st Century
• Every 3 to 7 years, organizations need to reinvent
• According to The Boston Consulting Group - S&P 500
Companies from 50 years ago – only 19% are still in
IoT is Not All About
What the Industry Wants from the Graduates?
Identify Business Case –
Asking the Right
Connecting the Dots
– A Problem Solver
What is Exactly Internet of Things?
Components of Internet Of Things (IoT)
(Sensors & Actuators)
Connectivity Data Analytics
Why IoT Is At An Inflection Point?
The Importance Of Getting
The need to connect assets
I need to
quality of my
Who is the
Can I reduce
When is my
Where can I
Monitoring of Assets – Typical Everyday
What IF we can connect ALL these assets and get the answers to ALL these questions?
The Need To Connect Assets
Who Benefits From Connected Assets?
costs – send
it is needed
Track all assets –
Show alerts and
Extend the lifetime
of your assets with
Connected cars are a top IoT device. We estimate
there will be over 220M connected cars on the road
A survey has found that 74% of insurance executives
believe the IoT will disrupt insurance within the next
five years. 74% also plan to invest in developing and
implementing IoT strategies by 2016, according to an
SMA Research survey.
Smart meters are already a reality, and from the 313
million installed in homes worldwide in 2013, Navigate
Research predicts that number to jump to 1.1 billion by
We estimate 75M IoT devices will be shipped for
agricultural uses in 2020, at a 20% CAGR. These devices
are primary sensors placed in soil to track acidity levels,
temperature, and variables that help farmers increase
We estimate 646M IoT devices will be used for
healthcare by 2020. Connected healthcare devices
can collect data, automate processes, and more.
43% of building managers in the US believe the IoT will
affect how they run their building within the next 2 to 3
years, according to a survey from Daintree Networks.
35% of manufacturers already use smart sensors. 10%
plan to implement them within a year, and 8% plan
to implement them within 3 years, according to PwC
Define Your Data… But What
How to Start Building Your First IoT Solution
Answers to questions.
Value is Created by Making Sense of Data
Example: Smart Parking
Empty (0), Full (1)
Who park at this lot?
What kind of vehicle?
Where is the empty
When is the peak
How to implement a tiered
How to find “overstayed”
Why my parking utilization is
Example: Smart Waste Management
Who is collecting the garbage?
What is the status of the garbage bin?
When was the garbage collected?
Where is the location of the full bin?
How to plan the route of the trucks?
How many days till the next
Why the garbage truck not picking
Why a particular area is full of
Empty (0), Full (1)
Home Health Transport OfficeWaste
IOT Platforms - From Vertical To Horizontal
Blending Data - Creating New Compound Applications
Building IOT Solutions
PARTNERING WITH FAVORIOT
As an Application Enablement Platform player
Delivering The Whole IOT Puzzle
An IoT platform is able to connect to devices and sensors in real time,
process data and drive big-data analytics in the cloud.
DEVICE CONNECTIVITY (REST, MQTT, CoAP)
BIG DATA TOOLS
• Wearable device to monitor the elderly
people vital signs such as heart rate, steps,
Blood Pressure*, ECG, location*, fall cases
• Offered with Favorwatch mobile
application to monitor the elderly
• Based on annual subscription
• Optional features* will include but not
• Health professionals*
• Care givers*
• Elderly care centers*