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Asset Management : Readiness And Challenges Towards IR 4.0
20 August, 2019 @ Dewan Azman Hashim, Universiti Teknologi Malaysia, Jalan Semarak, Kuala Lumpur

Asset Management : Readiness And Challenges Towards IR 4.0
20 August, 2019 @ Dewan Azman Hashim, Universiti Teknologi Malaysia, Jalan Semarak, Kuala Lumpur

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Internet of Things (IoT) and Crowdsensing in the AFM Industries

  1. 1. favoriot Internet of Things (IoT) and Crowdsensing in the AFM Industries Dr. Mazlan Abbas CEO - FAVORIOT Asset Management : Readiness And Challenges Towards IR 4.0 20 August, 2019 @ Dewan Azman Hashim, Universiti Teknologi Malaysia, Jalan Semarak, Kuala Lumpur
  2. 2. favoriot IoT and IR 4.0 Trends in Malaysia IoT since 2014 IR 4.0 since 2018
  3. 3. favoriot Ripples of Technologies
  4. 4. favoriot BUSINESS SURVIVAL IN 21stCENTURY • 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
  5. 5. favoriot
  6. 6. favoriot Impact of Tsunami
  7. 7. favoriot Era of Industrial “Revolution”
  8. 8. favoriot Where Are We In The Industrial Revolution IR 1.0 (Manual with Physical Tools) IR 2.0 (Electrical) IR 3.0 (Automation/ Internet) IR 4.0 (Intelligence) 1.0 3.02.0 4.0
  9. 9. favoriot Virtual Reality
  10. 10. favoriot Augmented Reality
  11. 11. favoriot Robotics
  12. 12. favoriot Artificial Intelligence
  13. 13. favoriot Drones
  14. 14. favoriot Enabling Technologies of Industry 4WRD
  15. 15. favoriot Enabling Technologies of Construction 4.0?
  16. 16. favoriot The Survival Test Which Industrial Revolution Are We in Now?
  17. 17. favoriot WHICH INDUSTRIAL REVOLUTION IS THIS?
  18. 18. favoriot WHICH INDUSTRIAL REVOLUTION IS THIS?
  19. 19. favoriot Education 1.0 3.0 2.0 4.0
  20. 20. favoriot Conference Registration 1.0 3.0 2.0 4.0
  21. 21. favoriot Shopping 1.0 3.0 2.0 4.0
  22. 22. favoriot 2.7 Where are we now?
  23. 23. favoriot Barriers of IR 4.0
  24. 24. favoriot Difficulty in coordinating actions across different organization units Lack of courage to push radical transformation Lack of necessary talent Lack of business case that justifies investment in the underlying IR 4.0 architecture Top Barriers to IR 4.0
  25. 25. favoriot Comfortable Need a little Push
  26. 26. favoriot Will Robots Replace Our Jobs
  27. 27. favoriot Understanding IOT What is Exactly Internet of Things?
  28. 28. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  29. 29. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  30. 30. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  31. 31. favoriot Phases of IoT Maturity
  32. 32. favoriot IOT Maturity Autonomous OptimizationControl Monitoring
  33. 33. favoriot MONITORING Office Monitoring
  34. 34. favoriot CONTROL Air-Condition Control Remote Security
  35. 35. favoriot OPTIMISE Optimise Room Usage Electricity
  36. 36. favoriot AUTONOMOUS Ambient-based
  37. 37. favoriot Challenges That We Are Facing 1. Improving reliability and efficiency 2. Ensuring operational continuity 3. Managing the increasing complexity of buildings 4. Merging legacy building and systems 5. Maintaining aging infrastructure 6. Improving reporting and compliance 7. Challenge of “doing more with less.”
  38. 38. favoriot What We Want To Achieve 1. More effective asset management 2. Operational efficiencies from better building usage 3. Environmental efficiencies including less consumption of energy 4. Procurement efficiencies ultimately leading to greater return on investment. 5. Compliance adherence – fully auditable evidence- based data sets 6. Demonstrate innovation and thought leadership to clients
  39. 39. favoriot Ways of Using IoT
  40. 40. favoriot
  41. 41. favoriot
  42. 42. favoriot
  43. 43. favoriot Levels of Value Pyramid
  44. 44. favoriot
  45. 45. favoriot
  46. 46. favoriot Wisdom Knowledge Information Data More Important Less Important Benefitto Hum anity Evaluated understanding Appreciation of Answers to questions. Symbols Understanding Answers to questions WHO WHY HOW WHAT WHERE WHEN Value is Created by Making Sense of Data
  47. 47. favoriot Home Health Transport OfficeWaste IOT Platform – Blending IoT Data Blending Data - Creating New Compound Applications IoT Platform
  48. 48. favoriot favorsense “Building Better Cities and Communities”
  49. 49. favoriot Build Smart Cities through the eyes of the CITIZENS and have better Citizen Engagement
  50. 50. favoriot Pipe leaking! There are fallen trees! Water is polluted! No lights in dorm! No projector! Someone is throwing rubbish! Vandalism! Campuses
  51. 51. favoriot Ad Hoc , Chaotic, VIRAL SMS Whatsapp Facebook Twitter Radio TV Capacity To Hear And Respond Traditional channels (web portals, emails, phone calls etc) and methods unable to handle effectively PEOPLE AUTHORITIES “Black hole” issue Mobile App
  52. 52. favoriot User-Centric • Building Trust User-Centric Data-Driven Decision Smart Tools Responsive Cost Effective Accountable Transparent Collaborative Benefits to Users Benefits to Authorities Official Channel
  53. 53. favoriot Better Engagement
  54. 54. favoriot We Build Cities Based on People-Centric Approach (Citizen Engagement Approach) CROWDSENSING Get public and private parties to send reports via their smartphones. RANK&DECIDE Authorities decide and justify their next plan of action BUILDNEXT SMART APPLICATIONS LeverageinnovativeIOT solutionstosolvethe painpointsofpublicor privateorganizations. INSIGHTS Big Data Analytics are performed to get more useful insights. Authorities and Key Management can view KPIs and SLAs instantly ESCALATE&SOLVE Issues are assigned to proper field force, measure their effectiveness and notify the “reporters” regarding the status of report. favoriot APPROACH BUILDING THE NEXT SMART CITY APPLICATIONS IDENTIIFY Collect incident reporting, identify locations of issues and assign accordingly favorsensefavorsense favorsense favorsense
  55. 55. favoriot Summary - favorsense favorsense - is a CrowdSensing platform that allows public and private parties to build better Communities and Cities Crowdsensing Management Platform (CMP) - Problem resolution backend system that eases the workflow in handling issues Field Force - The public, private or communities can join hands in resolving any problems. Insights - Crowdsensing data are aggregated and decision making can be made based on the insights.
  56. 56. favoriot
  57. 57. favoriot Who benefits from favorsense? 1. Local Councils / City Managers 2. Universities / Campuses 3. Townships / Housing Development 4. Buildings / Apartments 5. Facilities Management 6. Enforcement Agencies 7. Consumer Associations 8. Public Services 9. Community / Resident Associations
  58. 58. favoriot Thank You favoriot favoriotfavoriot favoriot info@favoriot.com favoriot DOWNLOAD Slides: http://www.slideshare.net/mazlan1

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