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IR 4.0 - Embrace or Risk Becoming Obsolete



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IR 4.0 - Embrace or Risk Becoming Obsolete

  1. 1. favoriot IR 4.0 Embrace or Risk Becoming Obsolete Dr. Mazlan Abbas – FAVORIOT I4RC 2020, Malaysia Industry 4.0 Regional Conference 2020, June 29, 2020
  2. 2. favoriot FATHER OF IOT Kevin Ashton First Coined The Term IoT in 1999
  3. 3. favoriot IoT and IR 4.0 Trends in Malaysia 2014 2018 IOT IR 4.0
  4. 4. favoriot 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 BUSINESS SURVIVAL IN 21stCENTURY
  5. 5. favoriot We Have Changed The Way That We …
  6. 6. favoriot
  7. 7. favoriot Ripples of Technologies
  8. 8. favoriot The 3 Tsunamis of Internet Fixed Internet Mobile Internet Internet of Things (IOT)
  9. 9. 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
  10. 10. favoriot How Many Connected Devices Do You Have?
  11. 11. favoriot How Many Connected Devices Do You Have?
  12. 12. favoriot Era of Industrial “Revolution”
  13. 13. 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 3.0 2.0 4.0
  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 Education 1.0 3.0 2.0 4.0
  18. 18. favoriot Shopping 1.0 3.0 2.0 4.0
  19. 19. favoriot 2.7 Where are we now?
  20. 20. favoriot Will IR 4.0 Technologies Replace Our Jobs?
  21. 21. favoriot Barriers of IR 4.0
  22. 22. favoriot Key to Digital Transformation Door to Success 01 02 03 04 Clear Vision and Mission Good multi-talent Champion that breaks down all barriers Mindset Transformation
  23. 23. favoriot Comfortable And Scared Need a little Push
  24. 24. favoriot We Can’t Sleep Too Long We Need a Wake Up Call
  25. 25. favoriot The COVID-19 Wake-Up Call
  26. 26. favoriot IoT – From Ripple to Tsunami Internet of Things
  27. 27. 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 “Network Effects” Metcalfe’s Law Number of transistors double every 2 years. Moore’s Law
  28. 28. favoriot I need to maintain the quality of my goods. Who is the intruder? Can I reduce my electricity bill? Am I healthy? When is my next bus? Where can I park? Monitoring of Assets – Typical Everyday Questions What IF we can connect ALL these assets and get the answers to ALL these questions? The Need To Connect Assets
  29. 29. favoriot Understand Your Customer’s Business Which? Where? How Frequently? Why? How? Which features the customer uses your product for? Where and for how long your customer used your product? How frequently your customer used the product? Why your customer uses your product? How the customer uses your product? 01 05 04 03 02
  30. 30. favoriot Phases of IoT Maturity
  31. 31. favoriot 4 Phases of IoT Maturity 01 03 02 04 4 Phases of IoT Maturity
  32. 32. favoriot MONITORING Vehicle Tracking
  33. 33. favoriot CONTROL Security Lock Immobilizer
  34. 34. favoriot OPTIMISE Best Route Safe Fuel Optimize Engine
  35. 35. favoriot AUTONOMOUS Self-Cruising Safe-Sailing
  36. 36. favoriot UBER is Disruptive
  37. 37. favoriot DRIVERLESS TAXI
  38. 38. favoriot 5 Levels of Automation [Source: ]
  39. 39. favoriot What Happen If… What is the Car’s Decision?
  40. 40. favoriot FLYING TAXI AAV – Autonomous Aerial Vehicle
  41. 41. favoriot Reasons We Need a Pilot Trial
  42. 42. favoriot 4 Reasons We Need a National Trial 01 03 02 04 4 Reasons We Need a Trial
  43. 43. favoriot National Technology and Innovation Sandbox RM100mil to explore new technologies and innovations National Technology and Innovation Sandbox “Futurise Centre will be the test bed and living lab for the development of national regulatory sandbox. This will allow for policy experimentation, the testing of innovative ideas and new business models”. Former Prime Minister, Announcement of NRS, GEC Summit 2017
  44. 44. favoriot Levels of Value Pyramid
  45. 45. favoriot Who Generate the Data?
  46. 46. favoriot
  47. 47. favoriot Wisdom Knowledge Information Data More Important Less Important B e n e f i t t o H u m a n i t y 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
  48. 48. favoriot Data Ownerships 01 Personal 03 Public 04 Commercial 02 Private
  49. 49. favoriot Wisdom Knowledge Information Data More Important Less Important B e n e f i t t o H u m a n i t y Understanding Example: Smart Parking N/A Empty (0), Full (1) Who park at this lot? What kind of vehicle? Where is the empty parking lot? When is the peak period? How to implement a tiered charging? How to find “overstayed” vehicles? Why my parking utilization is low?
  50. 50. favoriot Home Health Transport Office Waste IOT Platform – Blending IoT Data Blending Data - Creating New Compound Applications IoT Platform
  51. 51. favoriot favoriot IoT Middleware “Create your IoT vertical solutions rapidly”
  53. 53. 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
  54. 54. favoriot Favoriot IoT Platform Users by Countries
  55. 55. favoriot Crossing the CHASM Innovators Early Adopters Early Majority Late Majority Laggards THE CHASM Early Market Late Market Selling Selling Selling
  56. 56. favoriot Develop a small and focused solution that can have immediate impact Application Start to integrate the back-end with the existing system. Integrate New workflow, new business model and better analytics. Innovate 01 02 03 How Do We Start?
  57. 57. favoriot Thank You! Join the FAVORIOT IoT Community
  58. 58. favoriot favoriot favoriot favoriot favoriot favoriot