Invited Talk - UniKL Business - Dec. 8, 2018

1. favoriot
How IoT Disrupts Business
in the Era of Fourth Industrial
Revolution
Dr. Mazlan Abbas
CEO – FAVORIOT
Email:
mazlan@favoriot.com

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I’ve Lived in the Era
of 4th Industrial
Revolution
50 Years
Ago!

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The Jetsons (1962)
Flying Vehicles Video-conference Smartwatch
Robotics Telehealth 3D Printed Food

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Inspired
Getting

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Ripples of
Technologies

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Trends in Malaysia
IoT Trends IR 4.0 Trends
2014 q 2017

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Where Are We In The Industrial Revolution
IR 1.0
(Manual)
IR 2.0
(Electrical)
IR 3.0
(Automation/
Internet)
IR 4.0
(Intelligence)

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The Survival Test
Which Industrial Revolution Are We
in Now?

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Which Industrial
Revolution Is This?

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Which Industrial
Revolution Is This?

12. favoriot
2.7
Where are we now?

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Why the IR4.0
Journey is so
Difficult?

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Comfortable
Need a little Push

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Education 4.0

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Conference 4.0

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Healthcare 4.0

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Will Robots Replace
Our Jobs

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Understanding
IOT
IoT Maturity Phases

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IOT Maturity
Autonomous
OptimizationControl
Monitoring

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Phases of IoT Maturity
(Example - Automobile
Industry)
MONITORING
Vehicle Monitoring
CONTROL
Car Security
OPTIMISE
Preventive Maintenance
AUTONOMOUS
Self-Driving car

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What’s after
Autonomous
Taxi?
How Disruptive is IoT in Automobile Industry?

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FLYING TAXI
AAV – Autonomous Aerial Vehicle

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Technology-Based
Product-Based
Service-Based
Outcome-Based
Transformation Journey

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Combined Industries
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.

26. favoriot
Are You A Safe Driver?

27. favoriot
IMAGINETHIS…

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Build My
Dream
“Build your own dreams, or
someone else will hire you to build
theirs.”

29. favoriot
Building IR 4.0 Applications
Leveraging the IOT Ecosystem

30. favoriot
Data Ownerships
Personal/Household
Private
Public
CommercialSensorDataProvider

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32. favoriot

33. favoriot
Wisdom
Knowledge
Information
Data
More
Important
Less
Important
Benefitto
Hum
anity
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

34. favoriot
“Live Alone
But Not Left
Alone”
Raqib
For Elderly Care

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Issues of Aging Population
Aging in Place
Living Longer
Loneliness
Emergency
Busy Family

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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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WHAT-IF we have a SERVICE that monitors the
MOST important ASSETS of a person
HealthSafety Peace of Mind

38. favoriot

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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

41. favoriot
Name of RAQIB wearer
Latest Location
Wearer’s Health
Wearer’s Steps

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Blood Pressure
ECG
Blood Pressure Trends

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Peace of Mind
During Hajj/Umrah
Raqib
For Pilgrims (Hajj/Umrah)

44. favoriot
Complexity of Managing Pilgrims
100 Ambulances
16,280 Officers
45,000 Tents
6,000 Security Cameras
Dozens of Countries

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46. favoriot
The
Dream
89%

47. favoriot
www.favoriot.com
favoriot
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info@favoriot.com favoriot