Testing and Development Challenges for Complex Cyber-Physical Systems: Insigh...
Where Are We in the Era of Industrial Revolution
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Where Are We in The Era
of Industrial Revolution?
Dr. Mazlan Abbas
CITA 2019 @ 16 July 2019
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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 Business Models Transformation
• 4 Levels of Value Pyramid
• 4 Important Areas in IoT Value Chain
• 4 Reasons Why Telcos Have Difficulty to
Embrace IoT
• 4 Traits of the New Generation-IoT
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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)
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.