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IR 4.0 Transitional Stage - Where Are We Mow

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Invited Speaker - INNOAVIATION 2018 “THE 4TH INDUSTRIAL REVOLUTION: THE ONLY WAY TO WIN”, 26th July 2018 at Pos Aviation Headquarters, KL

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IR 4.0 Transitional Stage - Where Are We Mow

  1. 1. favoriot Dr. Mazlan Abbas CEO, FAVORIOT Email: mazlan@favoriot.com INNOAVIATION 2018 “THE 4TH INDUSTRIAL REVOLUTION: THE ONLY WAY TO WIN”, 26th July 2018 at Pos Aviation Headquarters, KLIA IR4.0 Transitional Stage: Where Are We Now?
  2. 2. favoriot About FAVORIOT favorwatch for Senior Care Raqib for Hajj/Umrah Pilgrims favoriot IoT Middleware for IoT Developers favorsense for Building Better Communities/Cities Problem: Missing Pilgrims and family anxiety Solution: Smart solution for Pilgrims that can be monitored by Travel Agencies and Family members Problem: Difficult to start learning and building IoT solutions Solution: IoT middleware that helps to rapidly develop IoT solutions with easy to use device management and other tools Problem: Living alone and no caregiver Solution: Smart healthcare for elderly people and monitored from remote by family members Problem: Difficult to get feedback from customer complaints Solution: Crowdsourcing using smartphone to capture issues and create trouble tickets for ease of tracking and solving issues
  3. 3. favoriot COMFORT NeedalittlePush
  4. 4. favoriot Where Are We in the Industrial Revolution? Manual Electrical Automation Intelligence
  5. 5. favoriot Industry 4.0 (I4.0) Equal to 4th Industrial Revolution (4IR)?
  6. 6. favoriot 4th Industrial Revolution Technologies
  7. 7. favoriot Which Industrial Revolution Is This?
  8. 8. favoriot Which Industrial Revolution Is This?
  9. 9. favoriot Which Industrial Revolution Is This?
  10. 10. favoriot 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
  11. 11. favoriot
  12. 12. favoriot Who Will Replace Your Jobs? [Source: https://www.ald.softbankrobotics.com/en/robots/pepper ]
  13. 13. favoriot
  14. 14. favoriot 10 Jobs That Will Be Replaced By Robots 1. Insurance underwriters and claims representatives 2. Bank tellers and representatives 3. Financial analysts 4. Construction workers 5. Inventory managers and stockists 6. Farmers 7. Taxi drivers 8. Manufacturing workers 9. Journalists 10. Movie stars
  15. 15. favoriot Understanding IOT What is Exactly Internet of Things?
  16. 16. favoriot IOT Maturity Autonomous OptimizationControl Monitoring
  17. 17. favoriot MONITORINGVehicle Tracking
  18. 18. favoriot CONTROL Security Lock Immobilizer
  19. 19. favoriot OPTIMISEBest Route Safe Fuel Optimize Engine
  20. 20. favoriot AUTONOMOUSSelf-Cruising Safe-Sailing
  21. 21. favoriot The Future of Autonomous Cars [Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will- autonomous-cars-ultimately-save ]
  22. 22. favoriot $1.3 Trillion per year Savings at Stage 4 [Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-autonomous-cars-ultimately-save ]
  23. 23. favoriot UBER is Disruptive
  24. 24. favoriot
  25. 25. favoriot Motorcycle Ride-Sharing Versus Indonesia Malaysia
  26. 26. favoriot In US, as many as 4 Million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted
  27. 27. favoriot FLYINGTAXIAAV – Autonomous Aerial Vehicle
  28. 28. favoriot 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?
  29. 29. favoriot Example - Is It Worth to Track a Person? USD 20 Per Month Payfor Fun? PaytoSaveUSD 30permonth PaytogetnewRevenue USD25permonth PayforLoyalty Program
  30. 30. favoriot Technology-Based Product-Based Service-Based Outcome-Based Transformation Journey
  31. 31. favoriot Market Potential Examples
  32. 32. favoriot 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.
  33. 33. favoriot Are You A Safe Driver?
  34. 34. favoriot Bus Accidents in Malaysia
  35. 35. favoriot IMAGINETHIS…
  36. 36. favoriot 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.
  37. 37. favoriot 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]
  38. 38. favoriot 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]
  39. 39. favoriot Building IR 4.0 Applications Leveraging the IOT Ecosystem
  40. 40. favoriot Data Ownerships Personal/Household Private Public CommercialSensorDataProvider
  41. 41. favoriot
  42. 42. favoriot
  43. 43. 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
  44. 44. favoriot Home Health Transport OfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
  45. 45. favoriot 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.
  46. 46. favoriot
  47. 47. favoriot Smart Modules Smart Objects Connectivity Platform S/W Customization/ System Integrator Application s /Analytics Resellers / Channels Malaysia IoT Ecosystem As of March 28, 2018 @ 9.00 am R&D/ Universities ©IoTDiscussion Group
  48. 48. favoriot favoriot IoT Middleware “Creating an IoT Innovation Ecosystem”
  49. 49. favoriot Gateway 3G/Ethernet/Wi-Fi 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 Custom Reporting SECURITY BIG DATA TOOLS Application Development AUTHENTICATION Data Analytics
  50. 50. favoriot Examples of IoT Solutions
  51. 51. favoriot favoriot Platform Users
  52. 52. favoriot Difficulty in coordinating actions across different organization units Lack of courage to push radical transformation Lack of necessary talent Concern about cybersecurity when working with third party providers Lack of business case that justifies investment in the underlying IT architecture Top Barriers to Industry 4.0
  53. 53. favoriot New technology always seems to be destroying manual jobs but creates demand for high-skilled jobs. Just like the industrial and technological revolutions before it, IoT will replace unskilled jobs with high- skilled occupations. Instead of fearing for our jobs, we should focus on expanding our skill sets. Jobs Displacement vs Creation
  54. 54. favoriot Diffusion of Innovation Where Are We Now?
  55. 55. favoriot http://iotworld.co
  56. 56. favoriot www.favoriot.com favoriot favoriotfavoriot favoriot info@favoriot.com favoriot

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