FUTURE TECHNOLOGY – Sept. 12, 2018, UniKL BMI

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Dr. Mazlan Abbas
Chief Executive Officer
(Email: mazlan@favoriot.com
Future Technology:
IOT Will Shape the Way
We Live
FUTURE TECHNOLOGY – Sept. 12, 2018, UniKL BMI

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About FA
VORIOT
favorwatch
for Senior Care
Raqib
for Hajj/Umrah Pilgrims
favoriot IoT Middleware
for IoT Developers
favorsense
for Building Better Communities/Cities
Problem: Missing Pilgrims
and family anxiety
Solution: Smart solution
for Pilgrims that can be
monitored by Travel
Agencies and Family
members
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: Living alone
and no caregiver
Solution: Smart
healthcare for elderly
people and monitored
from remote by family
members
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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COMFORT
NeedalittlePush

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Where Are We in the Industrial Revolution?
Manual Electrical Automation Intelligence

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Industry 4.0
(I4.0)
Equal to
4th Industrial
Revolution
(4IR)?

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4th Industrial Revolution Technologies

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Which Industrial
Revolution Is This?

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Which Industrial
Revolution Is This?

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Which Industrial
Revolution Is This?

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Business Survival in 21st Century
• 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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Who Will Replace Your Jobs?
[Source: https://www.ald.softbankrobotics.com/en/robots/pepper ]

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10 Jobs That Will Be
Replaced By Robots
1. Insurance underwriters and claims
representatives
2. Bank tellers and representatives
3. Financial analysts
4. Construction workers
5. Inventory managers and stockists
6. Farmers
7. Taxi drivers
8. Manufacturing workers
9. Journalists
10. Movie stars

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Understanding IOT
What is Exactly Internet of Things?

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IOT Maturity
Autonomous
Optimization
Control
Monitoring

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MONITORING
Vehicle Tracking

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CONTROL
Security Lock
Immobilizer

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OPTIMISE
Best Route
Safe Fuel
Optimize Engine

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AUTONOMOUS
Self-Cruising
Safe-Sailing

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The Future of
Autonomous
Cars
[Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-
autonomous-cars-ultimately-save ]

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$1.3 Trillion
per year
Savings at
Stage 4
[Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-autonomous-cars-ultimately-save ]

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UBER is Disruptive

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Motorcycle Ride-Sharing
Versus
Indonesia Malaysia

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In US, as many as 4 Million truck, bus,
delivery and taxi driving jobs could be lost
if fully autonomous vehicle technology is
adopted

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FLYINGTAXI
AAV – Autonomous Aerial Vehicle

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Understand Your Customer’s Business
How the customer uses
your product?
What 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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Example - Is It Worth to Track a Person?
USD 20
Per
Month
Payfor
Fun?
PaytoSaveUSD
30permonth
PaytogetnewRevenue
USD25permonth
PayforLoyalty
Program

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

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Market Potential
Examples

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Market Potential
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.

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Are You A Safe Driver?

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Bus
Accidents
in Malaysia

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IMAGINETHIS…

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Market Potential
Connected Home
Smart meters are already a reality, and from the 313
million installed in homes worldwide in 2013, Navigate
Research predicts that number to jump to 1.1 billion by
2022
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
Agriculture
We estimate 75M IoT devices will be shipped for
agricultural uses in 2020, at a 20% CAGR. These devices
are primary sensors placed in soil to track acidity levels,
temperature, and variables that help farmers increase
crop yields.

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Market Potential
Healthcare
We estimate 646M IoT devices will be used for
healthcare by 2020. Connected healthcare devices
can collect data, automate processes, and more.
Smart Buildings
43% of building managers in the US believe the IoT will
affect how they run their building within the next 2 to 3
years, according to a survey from Daintree Networks.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]

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Market Potential
Manufacturing
35% of manufacturers already use smart sensors. 10%
plan to implement them within a year, and 8% plan
to implement them within 3 years, according to PwC
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]

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Building IR 4.0 Applications
Leveraging the IOT Ecosystem

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Data Ownerships
Personal/Household
Private
Public
CommercialSensorDataProvider
“Data asset must be well
planned, constructed,
governed, monitored,
maintained and used in
ways that seek to derive
maximum ROI.”

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Wisdom
Knowledge
Information
Data
More
Important
Less
Important
B
e
n
e
f
i
t
t
o
H
u
m
a
n
i
t
y
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

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Home Health Transport Office
Waste
IOT Platforms - From Vertical To Horizontal
Blending Data - Creating New Compound Applications

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Delivering The Whole IOT Puzzle
Internet
Biometric
Ultrasonic
Temp
Humidity
Pressure
Motion
Position
Light
Image
Motor
Switch
Lighting
Valve
Sensors
Actuators
IOT
Platform
Analytics
Applications
WiFi
2G/3G/4G
An IoT platform is able to connect to devices and sensors in real time,
process data and drive big-data analytics in the cloud.

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Smart
Modules
Smart
Objects
Connectivity Platform
S/W Customization/
System Integrator
Application
s
/Analytics
Resellers
/ Channels
Malaysia IoT Ecosystem As of August 10, 2018 @ 5.00 pm
R&D/ Universities
©
IoT
Discussion
Group

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favoriot IoT
Middleware
“Creating an IoT Innovation Ecosystem”

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Gateway
3G/Ethernet/Wi-Fi
IOT Devices
IOT Devices
3G/Ethernet/Wi-Fi
HTTPS
Push/Pull Service
Social
Media
Integration
DEVICE CONNECTIVITY (REST, MQTT)
APPLICATION
INTEGRATION
DATA MANAGEMENT
DATA STORE BUSINESS LOGIC
NOTIFICATION
ENGINE
REST API
Custom
Reporting
SECURITY
BIG DATA TOOLS
Application
Development
AUTHENTICATION
Data Analytics

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Examples of IoT Solutions

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Difficulty in coordinating actions
across different organization
units
Lack of courage to push radical
transformation
Lack of necessary talent
Concern about cybersecurity
when working with third party
providers
Lack of business case that justifies
investment in the underlying IT architecture
Top Barriers
to Industry 4.0

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Diffusion of Innovation
Where Are We Now?

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http://iotworld.co

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www.favoriot.com
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