IR 4.0 and IoT - The Need for a Wake Up Call
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This document discusses the need for a wake up call regarding IR 4.0 and IoT. It provides background on how IoT has evolved from its coining in 1999 to its current state. Statistics are presented on the growing number of connected devices and how IoT is impacting various industries like transportation, insurance, retail, construction and more. The value chain and business opportunities in areas like devices, connectivity, platforms and applications are examined. The document advocates that in order to remain relevant, organizations must transform to embrace new technologies like IoT and addresses some barriers to IR 4.0.
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IR 4.0 and IoT - The Need for a Wake Up Call
- 1. favoriot IR 4.0 and IoT – The Need for a Wake Up Call Dr. Mazlan Abbas ICOM 2019 CEO - FAVORIOT
- 2. favoriot Kevin Ashton First Coined The Term IoT in 1999
- 3. 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
- 4. favoriot We Have Changed The Way We …
- 5. favoriot Technology Convergence Communication Channels
- 8. favoriot The 3 Tsunamis of Internet Fixed Internet Mobile Internet Internet of Things (IOT)
- 9. favoriot What is Internet of Things (IoT) Sensors Connectivity Middleware Or IoT Platform Applications
- 10. favoriot How Many Connected Devices Do You Have? 1.0 4.0 3.0 2.0 5.0 6.0 7.0
- 11. favoriot How Many Connected Devices Do You Have? 8.0 9.0 Yellow – Focus Black – Distracted Blue – Calm Purple – Fatigue Red - Tense
- 13. 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 REST CoAP MQTT REST
- 14. favoriot IoT Training System for Universities/Colleges favoriot Scientific & Technical Product Sdn Bhd IOT-1000 Training System http://www.scitech.com.my http://www.favoriot.com
- 15. favoriot Key Features of FAVORIOT IoT Platform 1. Rapid Development 2. User-friendly APIs 3. Scalable platform 4. Community-based
- 16. favoriot favoriot IoT Platform Users by Countries
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- 18. favoriot http://bit.ly/favoriotplatform2 / Sign up for FREE FREE IoT Platform
- 20. favoriot Where Are We In The Industrial Revolution IR 1.0 (Manual with Physical Tools) IR 2.0 (Electrical) IR 3.0 (Automation/ Internet) IR 4.0 (Intelligence) 1.0 3.0 2.0 4.0
- 21. favoriot
- 22. favoriot Enabling Technologies of Industry 4WRD
- 23. favoriot Enabling Technologies of Construction 4.0?
- 24. favoriot The Survival Test Which Industrial Revolution Are We in Now?
- 25. favoriot WHICH INDUSTRIAL REVOLUTION IS THIS?
- 26. favoriot WHICH INDUSTRIAL REVOLUTION IS THIS?
- 29. favoriot 2.7 Where are we now?
- 30. favoriot Will Robots Replace Our Jobs
- 31. favoriot What Makes A Job Susceptible To Automation?
- 36. favoriot Want to Remain Relevant in The Future?
- 37. favoriot Barriers of IR 4.0
- 38. favoriot Difficulty in coordinating actions across different organization units Lack of courage to push radical transformation Lack of necessary talent Lack of business case that justifies investment in the underlying IR 4.0 architecture Top Barriers to IR 4.0
- 39. favoriot Comfortable Need a little Push
- 40. favoriot We Can’t Sleep Too Long We Need a Wake Up Call
- 41. favoriot IoT – From Ripple to Tsunami Internet of Things
- 42. 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
- 49. favoriot 5 Levels of Automation [Source: https://www.geospatialworld.net/blogs/five-levels-of-autonomous-cars/ ]
- 53. favoriot What Happen If… What is the Car’s Decision?
- 54. favoriot Reasons We Need a Pilot Trial
- 55. favoriot 4 Reasons We Need a National Trial 1.0 Technology Maturity 2.0 Market Adoption 3.0 Business Model 4.0 Policy & Regulatory
- 56. favoriot IoT Creates New Product Examples
- 57. favoriot Understand Your Customer’s Business How the customer uses your product? Which features 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?
- 58. favoriot
- 59. favoriot Wisdom Knowledge Information Data More Important Less Important B e n e f i t t o H u m a n i t y 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
- 61. favoriot TRANSPORTATION Connected cars are a top IoT device. We estimate there will be over 220M connected cars on the road by 2020. 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.
- 62. favoriot The ABC+S of the Drivers
- 63. favoriot Are You A Safe Driver?
- 64. favoriot Who Do You Blame – Diver or the Bus?
- 66. favoriot … from all over the world to improve their customer relations which will enhance their image in the market and make them stand and spread globally. IoT will help around 70% of the retailer
- 67. favoriot In the Warehouse • Inventory Management • Improves monitoring and tracking of inventory items • Information – product type, manufacturer’s name, expiry dates and batch IDs • Find correct items, track and analyze the number of sold products and make predictions on the future sale • Reduce customer dissatisfaction • Ambient Conditions Control • Check optimum temperature for perishable products and send alerts whenever required • Warehouse maintenance • State of equipment – e.g. forklift for predictive maintenance • Robots – picking and packing
- 68. favoriot IoT Help Track Inventory Records • IoT reduced those factors which may dissatisfy the consumer such as product availability, product expiry dates, batch Id, etc • In the case of product shortage, IoT informs the administration before stock becomes empty by automatically creating an order.
- 69. favoriot On The Way • Logistics and Supply Chain Management • Goods move from one place to another without risks of being lost • IoT devices can provide the full picture – location, track, temperature, the driver, weather, route, speed, arrival time, etc • Self-Driving Trucks / Drones • Parcel deliveries • Focus on Customers • Enhance the delivery customer experience by sending automated messages to inform customers of the status of their packages
- 70. favoriot By the Consumers • Smart Homes • Virtual Assistants – Google Home, Amazon Alexa, etc • Dash Buttons • Excellent way for businesses to establish their brand in a household long-term
- 71. favoriot [Source: Connected Commerce: An IoT-driven Revolution in Retail is happening now ]
- 72. favoriot IoT in Construction Supply Replenishment Power, Fuel and Energy Savings Efficient and Travel Routes Security Control Managing Workers & Health Environmental Monitoring Building Structure Health Monitoring
- 73. favoriot Home Health Transport Office Waste IOT Platform – Blending IoT Data Blending Data - Creating New Compound Applications IoT Platform
- 74. favoriot Important Areas in the IoT Value Chain
- 75. favoriot IoT Value Chain – Where Is The Money? Device Provider Network Provider Platform Provider Application Provider • No. of devices • Edge devices/sens ors • Gateways • System Integration • …. • SIM-Cards • Fixed Line • Data Bundled packages • Data Speed • SMS/MMS • Dedicated APN • Fixed IP • Voice/Data • … • No. of connected devices • Data streams • Storage • API Keys • Email/SMS APIs • Support Type • …. • No. of dashboards • No. of users • No. of data sources • Consulting • Types of Analytics (Basic/Adva nced) • ….
- 76. favoriot Smart Modules Smart Objects Connectivity Platform S/W Customization/ System Integrator Application s /Analytics Resellers / Channels Malaysia IoT Ecosystem As of Jan. 17, 2019 @ 10.00 am R&D/ Universities © IoT Discussion Group
- 77. favoriot It’s the Question – Where You Wanna Be?
- 78. favoriot
- 79. favoriot IoT eBooks 1) IoT Notes – Great to use for your IoT lectures! 2) Your IoT Journey – Compilation of best Blog articles on IoT