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Your Next IoT Journey is NOW

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Presentation at IoT Innovation Day at Asia Pacific University - July 11, 2017

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Your Next IoT Journey is NOW

  1. 1. favoriot Your Next IOT Journey Is NOW Dr. Mazlan Abbas Chief Executive Officer favoriot
  2. 2. favoriot What Do You See in Common?
  3. 3. favoriot The 3 Tsunamis of Internet Fixed Internet Mobile Internet Internet of Things (IOT)
  4. 4. favoriotGeneration-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 opportunity. 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. All are willing to learn and take risks and are good at building virtual teams internally and partnering externally. They are pioneers in IoT
  5. 5. favoriotGeneration-IoT: The Key to Business Survival in 21st Century They are eager to champion and drive these opportunities in their organizations. 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 transformational power of IoT-driven processes, business models, and new revenue streams.
  6. 6. favoriot 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/ ]
  7. 7. favoriot Understanding IOT What is Exactly Internet of Things?
  8. 8. favoriot Components of Internet Of Things (IoT) Things (Sensors & Actuators) Connectivity Data Analytics
  9. 9. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  10. 10. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  11. 11. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  12. 12. favoriot 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
  13. 13. favoriot How Should I Think About IoT? Device connectivity & management Connecting insights back to business Analytics & operational insights
  14. 14. favoriot IOT Statistics [Source: http://www.informationisbeautiful.net/visualizations/the-internet-of-things-a-primer/ ]
  15. 15. favoriot The Importance Of Getting Things Connected The need to connect assets
  16. 16. 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
  17. 17. favoriot Who Benefits From Connected Assets? Operating environment Other products “things” Maker Users Connected Assets
  18. 18. favoriot Understanding IoT Maturity Phases
  19. 19. favoriot Monitoring Autonomous OptimizationControl IOT Maturity
  20. 20. favoriot MONITORING Vehicle Tracking
  21. 21. favoriot CONTROL Security Lock Immobilizer
  22. 22. favoriot OPTIMISE Best Route Safe Fuel Optimize Engine
  23. 23. favoriot AUTONOMOUS Self-Cruising Safe-Sailing
  24. 24. favoriot IOT Benefits The Paycheck
  25. 25. favoriot Re-invent The Customer Experience
  26. 26. favoriot Improved Operational Efficiency
  27. 27. favoriot DevelopNew Business Models
  28. 28. favoriot 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 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
  29. 29. favoriot Market Potential Examples
  30. 30. favoriot Market Potential - 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
  31. 31. 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.
  32. 32. 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.
  33. 33. favoriot Market Potential 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] 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
  34. 34. 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. COMING SOON! from favoriot favorwatch Live Alone But Not Left Alone! Beyond Smartwatch!
  35. 35. favoriot Define Your Data… But What Data? How to Start Building Your First IoT Solution
  36. 36. favoriot
  37. 37. favoriot
  38. 38. favoriot Data Ownerships Personal/Household Private Public CommercialSensorDataProvider
  39. 39. favoriot 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
  40. 40. favoriot 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)
  41. 41. favoriot Smart Waste Management TIMELY SCHEDULE ALERT “I’M FULL” UNATTENDED GARBAGE RIGHT ROUTES
  42. 42. favoriot Home Health Transport OfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
  43. 43. favoriot Who are the IOT players? IOT ECOSYSTEM
  44. 44. favoriot
  45. 45. favoriot Building IOT Solutions PARTNERING WITH FAVORIOT
  46. 46. 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 LoRa SigFox An IoT platform is able to connect to devices and sensors in real time, process data and drive big-data analytics in the cloud. NB-IOT
  47. 47. favoriot IOT Solution Brief Worksheet
  48. 48. favoriot IOT Solution Brief Worksheet - Example
  49. 49. favoriot 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 development 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 monetizing 8. As the platform evolves, you get new features easily
  50. 50. 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, 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
  51. 51. favoriot Examples of IoT Solutions
  52. 52. favoriot 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
  53. 53. favoriot http://iotworld.co
  54. 54. favoriot www.favoriot.com favoriot favoriotfavoriot favoriot info@favoriot.com favoriot

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