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Internet of Things (IOT) Journey

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Internet of Things (IOT) Journey

  1. 1. favoriot Internet of Things Journey Dr. Mazlan Abbas Chief Executive Officer favoriot
  2. 2. favoriot The 3 Tsunamis of Internet Fixed Internet Mobile Internet Internet of Things (IOT)
  3. 3. favoriot Understanding IOT What is Exactly Internet of Things?
  4. 4. favoriot Components of Internet Of Things (IoT) Things (Sensors & Actuators) Connectivity Data Analytics
  5. 5. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  6. 6. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  7. 7. favoriot [Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]
  8. 8. favoriot 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
  9. 9. favoriot How Should I Think About IoT? Device connectivity & management Connecting insights back to business Analytics & operational insights
  10. 10. favoriot IOT Statistics [Source: http://www.informationisbeautiful.net/visualizations/the-internet-of-things-a-primer/ ]
  11. 11. favoriotForecast IoT Connections in UK © Cambridge Consultants 2017
  12. 12. favoriot The Importance Of Getting Things Connected The need to connect assets
  13. 13. favoriot I need to maintain the quality of my goods. Who is the intruder? Can I reduce my electricity bill? Am I healthy? When is my next bus? Where can I park? Monitoring of Assets – Typical Everyday Questions What IF we can connect ALL these assets and get the answers to ALL these questions? The Need To Connect Assets
  14. 14. favoriot Understanding IoT Maturity Phases
  15. 15. favoriot Monitoring Autonomous OptimizationControl IOT Maturity
  16. 16. favoriot MONITORING Vehicle Tracking
  17. 17. favoriot CONTROL Security Lock Immobilizer
  18. 18. favoriot OPTIMISE Best Route Safe Fuel Optimize Engine
  19. 19. favoriot AUTONOMOUS Self-Cruising Safe-Sailing
  20. 20. favoriot The Triple Threat Of IoT Benefits of IoT
  21. 21. favoriot Re-invent The Customer Experience
  22. 22. favoriot Improved Operational Efficiency
  23. 23. favoriot DevelopNew Business Models
  24. 24. favoriot Market Potential Examples
  25. 25. favoriot http://visual.ly/future-internet-things
  26. 26. favoriot 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.
  27. 27. favoriot 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 Oil, gas, and mining In five years, it is predicted that 5.4 million IoT devices will be used on oil extraction sites. BI Intelligence said that these devices will primarily be internet- connected sensors used to provide environmental metrics about extraction sites. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
  28. 28. favoriot Market Potential 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. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v] Defense We estimate spending on drones will reach $8.7B in 2020. In addition, 126K military robots will be shipped in 2020, according to Frost & Sullivan.
  29. 29. favoriot 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] Food Services With the world population on the rise, IoT will help to keep food production levels at good pace. BI Intelligence estimates 75 million IoT device installations for agricultural uses by 2020, at a 20% CAGR.
  30. 30. favoriot Market Potential Utilities Energy companies throughout the world are trying to meet the rising demand in energy. To do this, they will be installing nearly 1 B smart meters 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] Hospitality 31% of hotels use next-generation door locks, 33% have room control devices, 16% have connected TVs, and 15% use beacons throughout the hotel, according to Hospitality Technology’s 2015 Lodging Technology survey.
  31. 31. favoriot Market Potential Infrastructure We estimate municipalities worldwide will increase their spending on IoT systems at a 30% CAGR, from $36B in 2014 to $133B in 2019. This investment will generate $421B in economic value for cities worldwide in 2019. Retail Beacons, paired with mobile apps, are being used in stores to monitor customer behavior and push advertisements to customers. In the US, we estimate $44.4B will be generated from beacon triggered messages. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
  32. 32. favoriot Market Potential Logistics Tracking sensors placed on parcels and shipping containers will help reduce costs associated to lost or damaged goods. In addition, robots such as Amazon Kiva robot, help reduce labor costs in warehouses. Banks There are nearly 3M ATMs installed globally in 2015, according the World Bank. Some teller-assist ATMs provide live-stream video of a teller for added customer support. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
  33. 33. favoriot 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]
  34. 34. favoriot Define Your Data… But What Data? How to Start Building Your First IoT Solution
  35. 35. favoriot
  36. 36. favoriot
  37. 37. favoriot Data Ownerships Personal/Household Private Public CommercialSensorDataProvider
  38. 38. favoriot Wisdom Knowledge Information Data More Important Less Important 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
  39. 39. favoriot Wisdom Knowledge Information Data More Important Less Important Understanding Example: Smart Parking N/A Empty (0), Full (1) Who park at this lot? What kind of vehicle? Where is the empty parking lot? When is the peak period? How to implement a tiered charging? How to find “overstayed” vehicles? Why my parking utilization is low?
  40. 40. favoriot Smart Parking Smart Parking With Sensors Location of Parking Availability Parking Utilization Tiered Pricing Parking
  41. 41. favoriot Wisdom Knowledge Information Data More Important Less Important Understanding Example: Smart Waste Management N/A Who is collecting the garbage? What is the status of the garbage bin? When was the garbage collected? Where is the location of the full bin? How to plan the route of the trucks? How many days till the next collection? Why the garbage truck not picking the garbage? Why a particular area is full of garbage? Empty (0), Full (1)
  43. 43. favoriot Home Health Transport OfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
  44. 44. favoriot Who are the IOT players? IOT ECOSYSTEM
  45. 45. favoriot
  46. 46. favoriot IOT in Malaysia WHERE ARE WE?
  47. 47. favoriot National IOT strategic roadmap
  48. 48. favoriot IOT market
  49. 49. favoriot Global IOT Implementations
  50. 50. favoriot IOT spending
  51. 51. favoriot IOT Market
  52. 52. favoriot Examples of IoT Solutions
  53. 53. favoriot Building IOT Solutions Using FAVORIOT FAVORIOT APPROACH
  54. 54. favoriot Delivering The Whole IOT Puzzle Internet Biometric Ultrasonic Temp Humidity Pressure Motion Position Light Image Motor Switch Lighting Valve SensorsActuators IOTPlatform Analytics Applications WiFi 2G/3G/4G LoRa SigFox An IoT platform is able to connect to devices and sensors in real time, process data and drive big-data analytics in the cloud. NB-IOT
  55. 55. favoriot Benefits of Using favoriot 1. Cloud-based platform (PaaS and SaaS) 2. Reduces time to market from months to weeks 3. Reduces the cost and risk of application development 4. Can be easily tailored for multiple business applications and different market segments 5. Capable of handling millions of devices, data streams and scale elastically 6. Simple business rule creation process 7. Easily handling data ownership for sharing and monetizing 8. As the platform evolves, you get new features easily
  56. 56. favoriotFAVORIOT – An IOT Platform “That Rules Your Things” IOT PLATFORM IOT Application Enablement Platform (AEP) meant to enable a developer deploy an IOT application. DASHBOARD Chart analysis. Responsive web design for all screens. Simple graphs CONNECTIVITY PROTOCOLS Supports REST API and others EVENT PROCESSING “Trigger-Condition-Action” model. Physical sensors and virtual sensors supported. Rules Engine to enable real- time action triggering 3RD PARTY PLUGINS Social Media integration DEVICE MANAGEMENT Managing devices based on users, projects, applications and groups. FUTURE-PROOF Future-proof IOT solution ADVANCED DATA PROCESSING Real-time aggregated data streams to applications but also access to historical data for data aggregation and advanced queries
  57. 57. favoriot Gateway 3G/Ethernet/Wi-Fi IOT Devices IOT Devices 3G/Ethernet/Wi-Fi HTTPS Push/Pull Service Social Media Integratio n DEVICE CONNECTIVITY (REST, MQTT, CoAP) APPLICATION INTEGRATION DATA MANAGEMENT DATA STORE BUSINESS LOGIC NOTIFICATION ENGINE REST API Custom Reporting SECURITY BIG DATA TOOLS Application Development AUTHENTICATIO N Data Analytics
  58. 58. favoriot www.favoriot.com favoriot favoriotfavoriot favoriot info@favoriot.com favoriot