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IoT - The Building Block for IR 4.0
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IoT – The Key Technology
to Fourth Industrial
Revolution (IR 4.0)
Dr. Mazlan Abbas
CEO - FAVORIOT
POWERCOIN ‘20 , Sona College, 12-13 March 2020
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IoT and IR 4.0 Trends in INDIA
2013 2018
IOT Fourth Industrial Revolution
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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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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?
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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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The Solution
Core IoT Middleware/Platform
RAQIB CRM & DASHBOARD
• Customer Relationship Management (CRM) System
• Customer monitoring dashboard
RAQIB MOBILE APP
• iOS and Android Mobile
App for remote Customer
monitoring especially for
Family members
RAQIB WEARABLE
• Monitor customer location,
health and provide constant
communication
SOS/EMERGENCY
RESPONSE SYSTEM
• SOS Alerts
• Trouble Ticketing
• Field Force – Assign
Jobs