This document discusses the importance of Internet of Things (IoT) for business survival in the 21st century. It notes that organizations need to reinvent themselves every 3 to 7 years to survive. It then discusses the three waves of internet growth and provides IoT statistics. The document outlines what IoT is and why it is reaching an inflection point due to cheaper hardware, ubiquitous connectivity, and continued improvements from Moore's and Metcalfe's laws. It discusses how to start an IoT journey and levels of IoT maturity. Large market potentials for IoT in various sectors like transportation, insurance, agriculture and more are highlighted. The document emphasizes the need to leverage the IoT ecosystem and provides examples of IoT solutions. It

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Your Journey Towards
Industry 4.0 With
Internet of Things (IoT)
Dr. Mazlan Abbas
Co-Founder & CEO
Industrial Talk
UniSZA Kampus Besut, Kuala Terengganu, Nov. 23, 2017

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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

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The 3 Tsunamis of Internet
Fixed Internet Mobile Internet Internet of Things (IOT)

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IOT Statistics
[Source: http://www.informationisbeautiful.net/visualizations/the-internet-of-things-a-primer/ ]

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Understanding IOT
What is Exactly Internet of Things?

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[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]

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[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]

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[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]

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Why IoT Is At An Inflection Point?
Hardware
is cheap
Connectivity
is pervasive
Moore’s Law
continues
Metcalfe’s Law
”Network
Effects”
Development
is easy

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How Do I Start My IoT
Journey?
Supply “Street” vs Demand “Road”

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”I Want Happiness”

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IOT Maturity
Autonomous
OptimizationControl
Monitoring

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MONITORING
Vehicle Tracking

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CONTROL
Security Lock
Immobilizer

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OPTIMISE
Best Route
Safe Fuel
Optimize Engine

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AUTONOMOUS
Self-Cruising
Safe-Sailing

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DRIVERLESSTAXI

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FLYINGTAXI
AAV – Autonomous Aerial Vehicle

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Who Benefits From Connected Assets?
Connected Assets
Maker
Users
Operating
environment
Other products
“things”

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Market Potential
Examples

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Construction Business
Reduce rental
costs – send
under-used
equipment where
it is needed
Track all assets –
never lose
expensive
equipment again
Show alerts and
order
replacements
before equipment
breaks down
Extend the lifetime
of your assets with
informed decisions

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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.

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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.

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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]

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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]

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Delivering Payback and Business
Value
1. Reduction in costs
2. Revenue generation
3. Streamlined business process
4. Increased uptime
5. Design and creation of new business models
6. Implementation of new go-to-market strategies
7. Development of new products
8. More efficient ways to service and support customers
9. New insight into product usage and customer
information
10.Speedier service and delivery

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Building IOT Solutions
Leveraging the IOT Ecosystem

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Wisdom
Knowledge
Information
Data
More
Important
Less
Important
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

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Data Ownerships
Personal/Household
Private
Public
CommercialSensorDataProvider

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Data Ownerships
Personal/Household
Private
Public
CommercialSensorDataProvider

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Wisdom
Knowledge
Information
Data
More
Important
Less
Important
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

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Wisdom
Knowledge
Information
Data
More
Important
Less
Important
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?

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Smart Parking
Smart Parking
With Sensors
Location of
Parking
Availability
Parking
Utilization
Tiered Pricing
Parking

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Wisdom
Knowledge
Information
Data
More
Important
Less
Important
Understanding
Example: Smart Waste Management
N/A
Who is collecting the garbage?
What is the status of the garbage bin?
When was the garbage collected?
Where is the location of the full bin?
How to plan the route of the trucks?
How many days till the next
collection?
Why the garbage truck not picking
the garbage?
Why a particular area is full of
garbage?
Empty (0), Full (1)

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Smart Waste Management
TIMELY SCHEDULE
ALERT
“I’M FULL”
UNATTENDED
GARBAGE
RIGHT ROUTES

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Home Health Transport OfficeWaste
IOT Platforms - From Vertical To Horizontal
Blending Data - Creating New Compound Applications

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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.

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Gateway
3G/Ethernet/Wi-Fi
IOT Devices
IOT Devices
3G/Ethernet/Wi-Fi
HTTPS
Push/Pull Service
Social
Media
Integration
DEVICE CONNECTIVITY (REST, MQTT, CoAP)
APPLICATION
INTEGRATION
DATA
MANAGEMENT
DATA STORE
BUSINESS
LOGIC
NOTIFICATION
ENGINE
REST API
Custom
Reporting
SECURITY
BIG DATA TOOLS
Application
Development
AUTHENTICATIO
N
Data Analytics

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Key Features of favoriot Platform
Three (3) Pricing
Plans:
(1) Beginner
(2) Startup
(3) Business
You can easily create
multiple projects,
applications, groups,
and devices.
You can easily
verify and see the
data that streams
through FAVORIOT
platform.
You can create a
simple dashboard to
visualize your sensor
data.

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Key Features of favoriot Platform
You have the ability
to geotagged and
see all your data
plus monitored
assets on Google
Map.
We provide full
documentation
regarding how to use the
REST and MQTT API
complete with Tutorials
on how to connect
Arduino and Raspberry Pi
to FAVORIOT
We supported
Bash, Python,
Javascript or Java.
Jumpstart your first IoT
application by
connecting Raspberry Pi
or Arduino. Sample
codes provided.

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Examples of IoT Solutions

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• Wearable device to monitor the elderly
people vital signs such as heart rate, steps,
Blood Pressure*, ECG, location*, fall cases
and others
• Offered with Favorwatch mobile
application to monitor the elderly
• Based on annual subscription
• Optional features* will include but not
limited to:
• Health professionals*
• Pharmacy*
• Care givers*
• Elderly care centers*
• Hospitals*
favorwatch
*Coming Soon

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Diffusion of Innovation

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Building the New
Generation-IoT

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Demand for IoT Talent
[Source:
http://www.financialexpress.com/industry/technology/master-of-
internet-of-things-demand-for-iot-talent-surges-300-in-last-3-
years/729007/ ]
[Source: https://www.indianweb2.com/2017/08/02/salaries-iot-professionals-india-76-higher-
professionals/ ]

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Malaysia Needs 100K IoT Professionals
Choose Your Value-Chain:
1. End-device components
2. End devices and sensors
3. Embedded operating systems
4. IT, network and OSS
infrastructure
5. Security
6. IoT Middleware
7. Cloud infrastructure
8. Analytics applications
9. Visualization applications
10.Management and applications
enablement software
11.Service providers
12.Vertical products and solutions
13.System integrators
[Source: http://favoriot.com/blog/malaysia-needs-100k-iot-professionals-to-complement-the-big-data-workforce ]

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They are pioneers in IoT

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They are willing to learn and take risks and are good
at building virtual teams internally and partnering
externally.

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You can recognize these new winners not by their
age or their titles—but by their ability to build and
deploy agile, flexible business solutions.

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A new generation of leaders,
makers, thinkers, and doers is
meeting that change with
flexibility and optimism and
transforming it into opportunity.

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These are the people who see the transformational
power of IoT-driven processes, business models,
and new revenue streams.

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They are eager to
champion and drive
these opportunities in
their organizations.

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These people know that IoT is not just one
project, one training session, one change.

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They know that in order to succeed they and their
organizations need to adjust and re-learn, over and
over again.

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Building the Generation-IoT with FAVORIOT

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www.favoriot.com
favoriot
favoriotfavoriot favoriot
info@favoriot.com favoriot

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http://iotworld.co