The document discusses the 4th Industrial Revolution and the Internet of Things (IoT). It provides background on the three waves of the internet and growth of IoT devices. Key points covered include understanding IoT, why IoT is at an inflection point, different levels of IoT maturity, examples of disruptive technologies like driverless taxis and flying taxis. The document also discusses extracting value from IoT data, potential IoT applications in various sectors, skills needed for IoT, and the Malaysian IoT ecosystem.
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4th Industrial Revolution –
Riding the Waves
Dr. Mazlan Abbas
Chief Executive Officer
TVET MALAYSIA ENGAGEMENT TOWARD INDUSTRY 4.0, March 22, 2018, ADTEC, PWTC
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Business Survival in 21st Century
• Every 3 to 7 years, organizations need to reinvent themselves
• According to The Boston Consulting Group - S&P 500 Companies from
50 years ago – only 19% are still in existence
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Why IoT Is At An Inflection Point?
Hardware is
cheap
Connectivity is
pervasive
Moore’s Law
continues
Metcalfe’s Law
”Network Effects”
Development is
easy
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Understand Your Customer’s Business
How the customer uses your
product?
What the customer
uses your product for?
How frequently your
customer used the
product?
Where and for how long
your customer used your
product?
Why your customer uses
your product?
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Example - Is It Worth to Track a Person?
USD 20
Per
Month
Pay for
Fun?
Pay to Save
USD 30 per
month
Pay to get new
Revenue USD
25 per month
Pay for
Loyalty
Program
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Construction Business
Reduce rental costs –
send under-used
equipment where it is
needed
Track all assets – never
lose expensive
equipment again
Show alerts and order
replacements before
equipment breaks
down
Extend the lifetime of
your assets with
informed decisions
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Market Potential
Transportation
Connected cars are a top IoT device. We estimate there will be
over 220M connected cars on the road by 2020.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
Insurance
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.
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Market Potential
Connected Home
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 2022
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
Agriculture
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 crop yields.
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Market Potential
Healthcare
We estimate 646M IoT devices will be used for healthcare by 2020.
Connected healthcare devices can collect data, automate
processes, and more.
Smart Buildings
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.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
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Market Potential
Manufacturing
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
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
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Wisdom
Knowledge
Information
Data
More
Important
Less Important
Understanding
Example: Smart Waste Management
N/A
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 collection?
Why the garbage truck not picking the
garbage?
Why a particular area is full of garbage?
Empty (0), Full (1)
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Home Health Transport OfficeWaste
IOT Platforms - From Vertical To Horizontal
Blending Data - Creating New Compound Applications
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Delivering The Whole IOT Puzzle
Internet
Biometric
Ultrasonic
Temp
Humidity
Pressure
Motion
Position
Light
Image
Motor
Switch
Lighting
Valve
SensorsActuators
IOTPlatform
Analytics
Applications
WiFi
2G/3G/4G
An IoT platform is able to connect to devices and sensors in real time, process data and
drive big-data analytics in the cloud.
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Key Features of favoriot Platform
Three (3) Pricing Plans:
(1) Beginner
(2) Startup
(3) Business
You can easily create
multiple projects,
applications, groups, and
devices.
You can easily verify
and see the data that
streams through
FAVORIOT platform.
You can create a simple
dashboard to visualize your
sensor data.
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Key Features of favoriot Platform
You have the ability to
geotagged and see all
your data plus
monitored assets on
Google Map.
We provide full
documentation regarding how
to use the REST and MQTT API
complete with Tutorials on
how to connect Arduino and
Raspberry Pi to FAVORIOT
We supported Bash,
Python, Javascript or
Java.
Jumpstart your first IoT
application by connecting
Raspberry Pi or Arduino.
Sample codes provided.