favoriot
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
favoriot
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.
favoriot
IoT Value Chain – Where Is The Money?
Device
Provider
Network
Provider
Platform
Provider
Application
Provider
• No. of
devices
• Edge
devices/sens
ors
• Gateways
• System
Integration
• ….
• SIM-Cards
• Fixed Line
• Data
Bundled
packages
• Data Speed
• SMS/MMS
• Dedicated
APN
• Fixed IP
• Voice/Data
• …
• No. of
connected
devices
• Data
streams
• Storage
• API Keys
• Email/SMS
APIs
• Support Type
• ….
• No. of
dashboards
• No. of users
• No. of data
sources
• Consulting
• Types of
Analytics
(Basic/Adva
nced)
• ….
favoriot
Key Features of favoriot Platform
Three (3) Pricing
Plans:
(1) Free Plan
(2) Beginner Plan
(3) IoT Ecosystem
You can easily create
multiple projects,
applications, groups,
and devices.
You can easily
verify and see the
data that streams
through FAVORIOT
platform.
You can create a
simple dashboard to
visualize your sensor
data.
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Key Features of favoriot Platform
You have the ability
to geotagged and
see all your data
plus monitored
assets on Google
Map.
We provide full
documentation
regarding how to use the
REST and MQTT API
complete with Tutorials
on how to connect
Arduino and Raspberry Pi
to FAVORIOT
We supported
Bash, Python,
Javascript or Java.
Jumpstart your first IoT
application by
connecting Raspberry Pi
or Arduino. Sample
codes provided.