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IoT Tsunami is Here



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IoT Tsunami is Here

  1. 1. favoriot IoT Tsunami is Here Dr. Mazlan Abbas – CEO FAVORIOT Email:
  2. 2. favoriot Why IoT is Now at an Inflection Point? Cheaper and smaller. Hardware Key Growth Factors Ripples of technologies. Simple and faster. Software Development Becoming pervasive. Connectivity New entrants and players IoT Ecosystem Number of transistors double every 2 years. Moore’s Law
  3. 3. favoriot Example of IoT Applications
  4. 4. favoriot Era of Industrial “Revolution” …and not “Evolution”
  5. 5. favoriot What is IR 4.0? IR 1.0 (Manual With Physical Tools) IR 2.0 (Electrical) IR 3.0 (Automation/ Internet) IR 4.0 (Intelligence) 1.0 3.0 2.0 4.0
  6. 6. favoriot 4th Industrial Revolution Technologies
  7. 7. favoriot 4IR Related Policies 2014 2016 2018 2020 2021
  8. 8. favoriot Which Era of Industrial Revolution Are We in Now?
  9. 9. favoriot The Way We Cook 1.0 3.0 2.0 4.0
  10. 10. favoriot The Way We Teach 1.0 3.0 2.0 4.0
  11. 11. favoriot The Way We Transact 1.0 3.0 2.0 4.0
  12. 12. favoriot The Way We Do Travel Booking 1.0 2.0 3.0 4.0
  13. 13. favoriot The Way We Handle Potholes 1.0 2.0 3.0 4.0
  14. 14. favoriot Using IoT to Transform 7M in Businesses How IoT Benefit the Businesses?
  15. 15. favoriot (1) Manpower • Increase productivity • Lower manpower costs
  16. 16. favoriot (2) Material • Just in Time • Saves time and cost • Understanding condition about assets
  17. 17. favoriot (3) Machine • Uptime • Predictive Maintenance • Reduce Errors
  18. 18. favoriot (4) Method • Reduced “Red- Tapes” • Become agile • Faster and efficient
  19. 19. favoriot (5) Market • Enter new market segment • Expand reach globally
  20. 20. favoriot (6) Money • Create new products and revenue stream • New business models • Saves costs
  21. 21. favoriot (7) Management • Data-driven decision management • Better decision making • Transparency
  22. 22. favoriot 4 Main Components of IoT 01 02 03 04 Digital Sensors – Temp, humidity, pressure, gas, etc Fixed or wireless Platform that aggregate heterogeneous devices with different protocols Workflow, analytics and insights Sensors & Actuators Connectivity IoT Middleware Applications & Analytics
  23. 23. favoriot Top IoT Programming Languages 1. Java 2. C 3. Javascript 4. Python 5. C++ 6. PHP 7. C# 8. Assembler 9. LUA 10. Go 11. R 12. Swift 13. Ruby 14. Rust Most Popular Languages DEVICES – C, C++ GATEWAYS – Java, Python, C, C++ CLOUD – Java, Javascript, Python, PHP Most Valuable Programming Languages Java, Python, C, C++ Why? 1. High-level scripting languages 2. Operate on pretty much any machine 3. Work across networks and multiple devices 4. Matured with extensive documentation and tutorials [Scan for More Info]
  24. 24. favoriot Simple Steps to Start Your IoT Journey favoriot (1) Sensor (2) Connectivity (3) Platform (4) Application Scan for Free IoT Resources (Tips, Tutorials and Projects)
  25. 25. favoriot Why Use an IoT Platform? • It reduce development time for your IoT project by providing ready-made, reusable technology stack • It helps you validate your business case early • It helps you to go to market quickly • It provides features that could be essential for your project – ease of onboarding, integration with 3rd party software, device management, user management, push notifications • It reduces your risks and costs
  26. 26. favoriot Ability of an IoT Platform • Manage devices • Allow remote connections to all objects or devices • Collect and manage data and help you define business rules • Enable analytics and visualisations • Integrate with IoT cloud services • Plays a key role in an IoT solution development journey for enterprises to enable value for the business and its customers Applications Gateway IoT Cloud Platform /Middleware Sensor Device Actuator favoriot
  27. 27. favoriot Key Factors to Consider When Choosing an IoT Platform • Provide network agnostic • Provide protocol agnostic • Provide device and data management features • Provide global deployment and scalability • Provide end-to-end security • Ease of use Applications Gateway IoT Cloud Platform /Middleware Sensor Device Actuator favoriot
  28. 28. favoriot Home Health Transport Office Waste IOT Platform – Blending IoT Data Blending Data - Creating New Compound Applications IoT Platform
  29. 29. favoriot The Value of Insights Increases Descriptive Analytics Diagnostic Analytics Predictive Analytics Prescriptive Analytics What Happened? Why did it happen? What will happen? How can we make it happen? Hindsight Insight Foresight Information Optimisation Difficulty Value
  30. 30. favoriot favoriot IoT Middleware “Create your IoT vertical solutions rapidly”
  31. 31. favoriot FAVORIOT – Platform-as-a-Service favoriot
  32. 32. favoriot Categorization of IoT Platforms Publicly Traded Open Source End-to-End Connectivity Developer Friendly Platforms developed and maintained by large traded companies Platforms that provide data management services under open licenses Platforms designed based on supplied hardware and required solution Platforms can be easily integrated with Arduino, Raspberry Pi, etc favoriot
  33. 33. favoriot Gateway 3G/Ethernet/Wi-Fi/LPWAN IOT Devices IOT Devices 3G/Ethernet/Wi-Fi HTTPS Push/Pull Service Social Media Integration DEVICE CONNECTIVITY (REST, MQTT) APPLICATION INTEGRATION DATA MANAGEMENT DATA STORE BUSINESS LOGIC NOTIFICATION ENGINE REST API IoT Analytics SECURITY BIG DATA TOOLS Application Development AUTHENTICATION 3rd party Data Analytics VALUE PROPOSITION CoAP REST To ”IoTise” Every Business
  34. 34. favoriot Key Features of FAVORIOT IoT Platform • Rapid Development • User-friendly APIs • Ease of onboarding IoT Devices • Scalable platform • Notification Engine – Email and SMS • IoT Support Forum Discussion Board – Building Community • Examples – Videos and Sample Source Codes • Many new and enhanced features in Version 2.0 including ability to make Dashboard Public FREE Subscription
  35. 35. favoriot
  36. 36. favoriot Widgets
  37. 37. favoriot 7 IoT Business Models 01 02 03 04 05 06 07 Subscription Outcome- based Asset sharing “Razor Blade” IoT Data Pay-Per Usage Offer a Service SAMPLE TEXT Pay in return for continuous value Pay for the benefit the product provides Selling extra capacity Products that have consumable needing constant replacement The value is in the insights of data Charge for the amount of time they are actively interacting with the product IoT product as a new service e.g. maintenance, audit, consulting
  38. 38. favoriot Crossing the CHASM Innovators Early Adopters Early Majority Late Majority Laggards THE CHASM Early Market Late Market
  39. 39. favoriot Breaking the Barriers of IoT The definition of new strategy. Rethinking your organization and processes to maximize new outcomes. Understanding your business case. Conducting successful pilots. Helping your organization to understand where action is needed. Unlearn and Relearn. Examination of company culture. Recruiting and developing new talent. The genuine interconnection of all departments. Something that is too often overlooked. New Biz Model Business Case Rethinking Change Management Pilots Action Culture Talents. Interconnection
  40. 40. favoriot Favoriot IoT Platform Users by Countries As of November 13, 2021
  41. 41. favoriot Free Two (2) IoT eBooks
  42. 42. favoriot CONTEST 1. Login to 2. Register as a FREE User with valid email address 3. The first (1), tenth (10) and twentieth (20) person who registered will get a BEGINNER PLAN 100% VOUCHER 1 year subscription worth RM 100 Winners will be notified via email after the Talk. All the Best!
  43. 43. favoriot 25% DISCOUNT VOUCHER
  44. 44. favoriot Presentation Slides Download in Slideshare
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