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The Need for IoT Ecosystem to become a Producer Nation

Webinar I2ES 2021 @ Oct. 27, 2021

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The Need for
IoT Ecosystem
to become a
Producer
Nation
Dr. Mazlan Abbas
CEO - favoriot
Email: mazlan@favoriot.com
I2ES 2021
28 Oct. 2021
favoriot
Problem of a
Consumer
Nation
favoriot
Become a
Producer
Nation
#ProducerNation
favoriot
Producer Nation Ecosystem
University Industry Market
R&D Product (Roadmap) Commercialise
Maintain Loyalty
Output
Share
Industry problems
Sell
Understanding Roles and Responsibilities
• Publications
• Knowledge
• Time-to-market
• Revenue
• Solve their problems
YouTube Video
Prototype
(Alpha)
Prototype
(Beta)
Copyright: Dr. Mazlan Abbas (2020)
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
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

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