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All the 4THINGS You Need
to Know
• 4 Era of Industrial Revolution
• 4 Barriers of IR 4.0
• 4 Phases of IoT Maturity
• 4 Reasons for a Pilot Trial
• 4 Levels of Value Pyramid
• 4 Important Areas in IoT Value Chain
• 4 Steps to Build Your IoT Solution
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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
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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 3.02.0 4.0
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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
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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
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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.
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4 Steps to Build Your IoT Solutions
1. Define Business Problem
2. Ask the Right Questions and Select the Right Sensors
3. Find the Right IoT Platform – On Premise or Cloud
4. Choose the Right IoT System Integrator
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IoT Training System for Universities/Colleges
favoriot
Scientific &
Technical
Product Sdn
Bhd
IOT-1000 Training System http://www.scitech.com.myhttp://www.favoriot.com
83. favoriot
Key Features of FAVORIOT IoT Platform
• Rapid Development
• User-friendly APIs
• Ease of onboarding IoT
Devices
• Scalable platform
• Notification Engine – Email
and SMS
• IoT Support Forum Discussion
Board – Building Community
• Examples – Videos and
Sample Source Codes
• Many new and enhanced
features in Version 2.0
including ability to make
Dashboard Public
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Favoriot Offer 3 Core products
Raqib
Favoriot IoT Middleware
for IoT Developers
Favorsense
for Building Better Communities/Cities
Problem: Health and
safety.
Solution: Smart
wearable for monitoring
the health and safety of
the individual such as
pilgrims, patients, senior
citizens, employees,
tourists, etc
Problem: Difficult to start
learning and building IoT
solutions
Solution: IoT middleware
that helps to rapidly
develop IoT solutions
with easy to use device
management and other
tools
Problem: Difficult to get
feedback from
customer complaints
Solution: Crowdsourcing
using smartphone to
capture issues and
create trouble tickets for
ease of tracking and
solving issues
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Issues of Aging Population
Aging in Place
Living Longer
Loneliness
Emergency
Busy Family
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RAQIB Market and Its Potential
Hajj/Umrah
Senior
Citizens
Employee Outdoor Sports
TravelersPatients
Current Targeted Market Potential Market
*The platform is flexible
and open to integrate
with different smart
wearables or IoT
devices using Open
APIs