IoT Journey and Potential in Various Sectors
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IoT Journey and Potential in Various Sectors
- 1. favoriot The Internet of Things (IoT) Journey Dr. Mazlan Abbas Co-Founder & CEO Adjunct Lecture Universiti Teknologi Petronas, August 10, 2017
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- 6. favoriot The 3 Tsunamis of Internet Fixed Internet Mobile Internet Internet of Things (IOT)
- 8. favoriot Understanding IOT What is Exactly Internet of Things?
- 12. 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
- 13. favoriot How Do I Start My IoT Journey? Supply “Street” vs Demand “Road”
- 20. favoriot Who Benefits From Connected Assets? Connected Assets Maker Users Operating environment Other products “things”
- 22. favoriot Transportation and Logistics IoT Solution Sensors in vehicles report the state of each vehicle PAYBACK COSTS Reduce truck operation and delivery system costs EFFICIENCY Reduced delivery disruptions Increased on-time delivery Optimized logistics systems
- 23. favoriot Oil & Gas IoT Solution Sensors placed throughout an oil rig enable operators to identify problems before they occur PAYBACK SAFETY Increased safety with earlier and more reliable warnings EFFICIENCY Real-time alerts Reduced time to oil extraction (faster to revenue) 4x asset utilization Full data use with near real- time analysis
- 24. favoriot Smart CityIoT Solution Connected devices improve a multitude of city services PAYBACK REVENUE Increased 20%+ COSTS Reduced operational expenses by 30%+ EFFICIENCY Increased planning efficiency Optimized personnel with more data QUALITY-OF-LIFE Improving citizen experience Improving safety and security
- 25. 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.
- 26. 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] 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.
- 27. 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]
- 28. 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 [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 29. favoriot Delivering Payback and Business Value 1. Reduction in costs 2. Revenue generation 3. Streamlined business process 4. Increased uptime 5. Design and creation of new business models 6. Implementation of new go-to-market strategies 7. Development of new products 8. More efficient ways to service and support customers 9. New insight into product usage and customer information 10.Speedier service and delivery
- 30. favoriot Building IOT Solutions Leveraging the IOT Ecosystem
- 31. 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
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- 35. favoriot DESIGN CHALLENGES How to develop IoT Solutions
- 37. favoriot Predicting Flood 1. What is the water level in the river? 2. When does the river swell up? 3. Where is the location of water rise? 4. Where are the areas that require immediate evacuation? 5. Who is contributing to the rise in water level? 6. How to control the water level? 7. How fast is the water rising? 8. Why is the water rising?
- 38. favoriot Flood – Different Sensors 1. Water level and weather sensors 2. Tide monitoring sensor 3. Astronomical data 4. GPS for rescue vehicles (Plug-n- Play OBD) 5. GIS data 6. Camera 7. Social network integration
- 39. favoriot Flood Monitoring – Value Proposition 1. Early warning system for floods 2. Locating the area of violation (cause of floods) 3. Efficient rescue planning 4. Plan the widening of the river banks 5. Plan deepening of the river bed 6. Predict the conditions of flooding when coupled with a weather station, astronomical, tide and GIS.
- 41. favoriot Monitoring River Pollution 1. What are the pollutants in the river? 2. What is the pollution level? 3. When is the highest pollution detected? 4. Where is the location of pollutants? 5. Who is contributing to the rise in pollution? 6. How to control the pollution level? 7. How much is the pollution level? 8. Why is the pollution rising at certain time? 9. Why is the pollution rising at certain locations?
- 42. favoriot River Monitoring - Sensors 1. Chemical sensors 2. Water level sensors 3. Crowd sourced violation information (mobile device) 4. GPS input 5. Hydro morphology e.g. depth, width, flow 6. Water temperature sensor 7. In-situ (manual sampling) 8. Weather sensors
- 43. favoriot River Monitoring – Value Proposition 1. Early warning system for water contamination 2. Locating the area of violation 3. Detecting and alerting violations 4. Getting public involvement through crowd sourcing 5. Evidence platform for violations 6. Identify potential causes of pollution rise by correlating data with water level pattern 7. Identify a profile of water in different months of the year. Any change in profile will trigger external sources of pollution 8. Identify the spread of disease 9. Ecotourism planning
- 44. favoriot Home Health Transport OfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
- 45. 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
- 46. favoriot Gateway 3G/Ethernet/Wi-Fi IOT Devices IOT Devices 3G/Ethernet/Wi-Fi HTTPS Push/Pull Service Social Media Integration 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
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- 48. favoriot Examples of IoT Solutions
- 49. favoriot IoT in Malaysia Where Are We?
- 50. favoriot National IoT Strategic Roadmap [Source: National Internet of Things (IoT) Strategic Roadmap, 2014 ]
- 53. favoriot Demand for IoT Talent [Source: http://www.financialexpress.com/industry/technology/master-of- internet-of-things-demand-for-iot-talent-surges-300-in-last-3- years/729007/ ] [Source: https://www.indianweb2.com/2017/08/02/salaries-iot-professionals-india-76-higher- professionals/ ]
- 54. favoriot Malaysia Needs 100K IoT Professionals Choose Your Value-Chain: 1. End-device components 2. End devices and sensors 3. Embedded operating systems 4. IT, network and OSS infrastructure 5. Security 6. IoT Middleware 7. Cloud infrastructure 8. Analytics applications 9. Visualization applications 10.Management and applications enablement software 11.Service providers 12.Vertical products and solutions 13.System integrators [Source: http://favoriot.com/blog/malaysia-needs-100k-iot-professionals-to-complement-the-big-data-workforce ]
- 55. favoriot They are pioneers in IoT
- 56. favoriot They are willing to learn and take risks and are good at building virtual teams internally and partnering externally.
- 57. favoriot You can recognize these new winners not by their age or their titles—but by their ability to build and deploy agile, flexible business solutions.
- 58. favoriot A new generation of leaders, makers, thinkers, and doers is meeting that change with flexibility and optimism and transforming it into opportunity.
- 59. favoriot These are the people who see the transformational power of IoT-driven processes, business models, and new revenue streams.
- 60. favoriot They are eager to champion and drive these opportunities in their organizations.
- 61. favoriot These people know that IoT is not just one project, one training session, one change.
- 62. favoriot They know that in order to succeed they and their organizations need to adjust and re-learn, over and over again.