The 3 Tsunamis of Internet
Fixed Internet Mobile Internet Internet of Things (IOT)
The Key to Business Survival in 21st Century
A new generation of
leaders, makers, thinkers,
and doers is meeting that
change with flexibility
and optimism and
transforming it into
You can recognize these
new winners not by their
age or their titles—but by
their ability to build and
deploy agile, flexible
All are willing to learn and
take risks and are good
at building virtual teams
internally and partnering
They are pioneers in IoT
The Key to Business Survival in 21st Century
They are eager to
champion and drive
these opportunities in
They know that in order
to succeed they and
their organizations need
to adjust and re-learn,
over and over again.
These people know that
IoT is not just one
project, one training
session, one change.
These are the people
who see the
of IoT-driven processes,
business models, and
new revenue streams.
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/ ]
What is Exactly Internet of Things?
Components of Internet Of Things (IoT)
(Sensors & Actuators)
Connectivity Data Analytics
The Importance Of Getting
The need to connect assets
I need to
quality of my
Who is the
Can I reduce
When is my
Where can I
Monitoring of Assets – Typical Everyday
What IF we can connect ALL these assets and get the answers to ALL these questions?
The Need To Connect Assets
Who Benefits From Connected Assets?
Delivering Payback and Business
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 and service delivery options
8. More efficient ways to service and support customers
9. New insight into product usage and customer information
10. Speedier service and delivery
Market Potential - Construction Business
Reduce rental costs –
equipment where it is
Track all assets – never
Show alerts and order
equipment breaks down
Extend the lifetime of
your assets with informed
Connected cars are a top IoT device. We estimate
there will be over 220M connected cars on the road
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.
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
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
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.
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
We estimate 646M
IoT devices will be
used for healthcare
by 2020. Connected
can collect data,
Live Alone But Not Left Alone!
Define Your Data… But What
How to Start Building Your First IoT Solution
Answers to questions.
Value is Created by Making Sense of Data
Example: Smart Waste Management
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
Why the garbage truck not picking
Why a particular area is full of
Empty (0), Full (1)
Building IOT Solutions
PARTNERING WITH FAVORIOT
Delivering The Whole IOT Puzzle
An IoT platform is able to connect to devices and sensors in real time,
process data and drive big-data analytics in the cloud.
IOT Solution Brief Worksheet - Example
Benefits of Using favoriot
1. Cloud-based platform (PaaS and SaaS)
2. Reduces time to market from months to weeks
3. Reduces the cost and risk of application
4. Can be easily tailored for multiple business
applications and different market segments
5. Capable of handling millions of devices, data
streams and scale elastically
6. Simple business rule creation process
7. Easily handling data ownership for sharing and
8. As the platform evolves, you get new features
DEVICE CONNECTIVITY (REST, MQTT, CoAP)
BIG DATA TOOLS