Invited Talk - TIMETOTALK: DIGITAL MEDIA, IUMW, Oct. 26, 2018

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Dr. Mazlan Abbas
CEO, FAVORIOT
Email: mazlan@favoriot.com
TIMETOTALK: DIGITAL MEDIA, IUMW, Oct. 26, 2018
Your Journey Towards 4th Industrial
Revolution

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IoT and IR 4.0 Trends in Malaysia
IoT Trends IR 4.0 Trends
2014 2017

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Why the IR4.0 Journey is so Difficult?

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Comfort
Need a little push

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IR 4.0, 4IR and I4.0
What’s the Difference?

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Ripples of Technologies

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Where Are We in the Industrial Revolution?
Manual Electrical Automation Intelligence

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4th Industrial Revolution Technologies

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The 4th Industrial Revolution vs Industry 4.0

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Fourth Industrial Revolution
The Test

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Which Industrial
Revolution Is This?

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Which Industrial
Revolution Is This?

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Healthcare 4.0

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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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Who Will Replace Your Jobs?
[Source: https://www.ald.softbankrobotics.com/en/robots/pepper ]

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Understanding IOT
IoT Maturity Phases

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IOT Maturity
Autonomous
OptimizationControl
Monitoring

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MONITORINGVehicle Tracking

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CONTROL
Security Lock
Immobilizer

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OPTIMISEBest Route
Safe Fuel
Optimize Engine

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AUTONOMOUSSelf-Cruising
Safe-Sailing

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UBER is Disruptive

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Motorcycle Ride-Sharing
Versus
Indonesia Malaysia

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In US, as many as 4 Million truck, bus,
delivery and taxi driving jobs could be lost
if fully autonomous vehicle technology is
adopted

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FLYINGTAXIAAV – Autonomous Aerial Vehicle

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Technology-Based
Product-Based
Service-Based
Outcome-Based
Transformation Journey
1
2
3
4

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Business Models Have Changed
USD 20
Per
Month
Payfor
Fun?
PaytoSaveUSD
30permonth
PaytogetnewRevenue
USD25permonth
PayforLoyalty
Program

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Market Potential
Examples

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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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Are You A Safe Driver?

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Bus
Accidents
in Malaysia

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IMAGINETHIS…

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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.
[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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RAQIB is a SERVICE that monitors the MOST
important ASSETS of a person
HealthSafety Peace of Mind

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“Live Alone
But Not Left
Alone”
Raqib
For Elderly Care

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As population around the world continue to grow
and health care becomes more widely available,
people are living longer than before.
The percentage of the global population that is 65
or older will double from 10% to 20% by 2050
However, living longer doesn’t mean they will
continuously live healthier. Many will suffer chronic
diseases and memory loss issues.

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Healthcare costs keep on increasing. Costly time and
money due to frequent visitations. Hospitals and elderly
care centers unable to cope with the number of elderly
people.
Thus, the trend is now about “Aging in Place” where
elderly will live at home either with family members or
alone.
How do we ensure the elderly people live
alone with a healthy life, safe and secure
but with constant supervision?
How do we let them “Live Alone But Not
Left Alone”?

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Aging Population Issues
E.g. China - 64 elderly
for every 100 workers by
2025
4 : 2 : 1 Problem
4 grandparents and two
parents cared by a single
person

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China Aging Population
[Source: https://populationpyramid.net] [Check Malaysia: https://www.populationpyramid.net/malaysia/2018/ ]

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Malaysia Aging Population
[Source: https://populationpyramid.net]

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Send SOS during
emergency cases
Monitor their vital
signs
Notify their
whereabouts
Connect with
their loved ones

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Safety
Health
Peace of Mind
Blood Pressure
ECG
Cellular
Coverage
Emergency
SOS
Fitness

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