Download as PDF, PPTX
![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-5-320.jpg)
![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-6-320.jpg)
![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-7-320.jpg)
![favoriot
IOT Statistics
[Source: http://www.informationisbeautiful.net/visualizations/the-internet-of-things-a-primer/ ]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-10-320.jpg)
![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.](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-24-320.jpg)
![favoriot
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
Oil, gas, and mining
In five years, it is predicted that 5.4 million IoT devices
will be used on oil extraction sites. BI Intelligence said
that these devices will primarily be internet-
connected sensors used to provide environmental
metrics about extraction sites.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-25-320.jpg)
![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.](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-26-320.jpg)
![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]
Utilities
Energy companies throughout the world are trying to
meet the rising demand in energy. To do this, they will
be installing nearly 1 B smart meters by 2020.](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-27-320.jpg)
![favoriot
Market Potential
Utilities
Energy companies throughout the world are trying to
meet the rising demand in energy. To do this, they will
be installing nearly 1 B smart meters 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]
Hospitality
31% of hotels use next-generation door locks, 33% have
room control devices, 16% have connected TVs, and
15% use beacons throughout the hotel, according to
Hospitality Technology’s 2015 Lodging Technology
survey.](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-28-320.jpg)
![favoriot
Market Potential
Infrastructure
We estimate municipalities worldwide will increase their
spending on IoT systems at a 30% CAGR, from $36B in
2014 to $133B in 2019. This investment will generate
$421B in economic value for cities worldwide in 2019.
Retail
Beacons, paired with mobile apps, are being used in
stores to monitor customer behavior and push
advertisements to customers. In the US, we estimate
$44.4B will be generated from beacon triggered
messages.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-29-320.jpg)
![favoriot
Market Potential
Logistics
Tracking sensors placed on parcels and shipping
containers will help reduce costs associated to lost or
damaged goods. In addition, robots such as Amazon
Kiva robot, help reduce labor costs in warehouses.
Banks
There are nearly 3M ATMs installed globally in 2015,
according the World Bank. Some teller-assist ATMs
provide live-stream video of a teller for added
customer support.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-30-320.jpg)
![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.
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]](https://image.slidesharecdn.com/yournextiotjourney-170530001109/85/Your-Next-IoT-Journey-31-320.jpg)
Uploaded byDr. Mazlan Abbas
Your Next IoT Journey
The document discusses Internet of Things (IoT) topics including what IoT is, its components, why it is reaching an inflection point, how to think about IoT maturity phases, and the benefits it can provide. It also explores market potential for IoT in various sectors like transportation, manufacturing, agriculture and more. Additionally, it outlines how to define data for IoT solutions, lists some example IoT solutions, and discusses partnering with Favoriot which provides an IoT platform for connecting devices, managing data, performing analytics, and developing applications.
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Your Next IoT Journey
- 1. favoriot Your Next IOTJourney Dr. Mazlan Abbas Chief Executive Officer favoriot
- 2. favoriot The 3 Tsunamisof Internet Fixed Internet Mobile Internet Internet of Things (IOT)
- 3. favoriot Understanding IOT What isExactly Internet of Things?
- 4. favoriot Components of InternetOf Things (IoT) Things (Sensors & Actuators) Connectivity Data Analytics
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- 8. favoriot Why IoT IsAt An Inflection Point? Hardware is cheap Connectivity is pervasive Moore’s Law continues Metcalfe’s Law ”Network Effects” Development is easy
- 9. favoriot How Should IThink About IoT? Device connectivity & management Connecting insights back to business Analytics & operational insights
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- 11. favoriot The Importance OfGetting Things Connected The need to connect assets
- 12. favoriot I need to maintainthe 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
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- 19. favoriot The Triple ThreatOf IoT Benefits of IoT
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- 24. favoriot Market Potential Transportation Connected carsare 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.
- 25. favoriot Market Potential Manufacturing 35% ofmanufacturers already use smart sensors. 10% plan to implement them within a year, and 8% plan to implement them within 3 years, according to PwC Oil, gas, and mining In five years, it is predicted that 5.4 million IoT devices will be used on oil extraction sites. BI Intelligence said that these devices will primarily be internet- connected sensors used to provide environmental metrics about extraction sites. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 26. favoriot Market Potential Connected Home Smartmeters 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.
- 27. favoriot Market Potential Connected Home Smartmeters 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] Utilities Energy companies throughout the world are trying to meet the rising demand in energy. To do this, they will be installing nearly 1 B smart meters by 2020.
- 28. favoriot Market Potential Utilities Energy companiesthroughout the world are trying to meet the rising demand in energy. To do this, they will be installing nearly 1 B smart meters 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] Hospitality 31% of hotels use next-generation door locks, 33% have room control devices, 16% have connected TVs, and 15% use beacons throughout the hotel, according to Hospitality Technology’s 2015 Lodging Technology survey.
- 29. favoriot Market Potential Infrastructure We estimatemunicipalities worldwide will increase their spending on IoT systems at a 30% CAGR, from $36B in 2014 to $133B in 2019. This investment will generate $421B in economic value for cities worldwide in 2019. Retail Beacons, paired with mobile apps, are being used in stores to monitor customer behavior and push advertisements to customers. In the US, we estimate $44.4B will be generated from beacon triggered messages. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 30. favoriot Market Potential Logistics Tracking sensorsplaced on parcels and shipping containers will help reduce costs associated to lost or damaged goods. In addition, robots such as Amazon Kiva robot, help reduce labor costs in warehouses. Banks There are nearly 3M ATMs installed globally in 2015, according the World Bank. Some teller-assist ATMs provide live-stream video of a teller for added customer support. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 31. favoriot Market Potential Healthcare We estimate646M 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]
- 32. favoriot Define Your Data…But What Data? How to Start Building Your First IoT Solution
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- 36. favoriot Wisdom Knowledge Information Data More Important Less Important Evaluated understanding Appreciation of Answersto questions. Symbols Understanding Answers to questions WHO WHY HOW WHAT WHERE WHEN Value is Created by Making Sense of Data
- 37. favoriot 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?
- 38. favoriot Smart Parking Smart Parking WithSensors Location of Parking Availability Parking Utilization Tiered Pricing Parking
- 39. favoriot Wisdom Knowledge Information Data More Important Less Important Understanding Example: Smart WasteManagement 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)
- 40. favoriot Smart Waste Management TIMELYSCHEDULE ALERT “I’M FULL” UNATTENDED GARBAGE RIGHT ROUTES
- 41. favoriot Home Health TransportOfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
- 42. favoriot Who are theIOT players? IOT ECOSYSTEM
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- 44. favoriot Building IOT Solutions PARTNERINGWITH FAVORIOT
- 45. favoriot Delivering The WholeIOT 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
- 46. favoriot IOT Solution BriefWorksheet
- 47. favoriot IOT Solution BriefWorksheet - Example
- 48. favoriot Benefits of Usingfavoriot 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
- 49. favoriot Gateway 3G/Ethernet/Wi-Fi IOT Devices IOT Devices 3G/Ethernet/Wi-Fi HTTPS Push/PullService 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
- 50. favoriot Examples of IoTSolutions
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