Air breathing and respiratory adaptations in diver animals
Industry 4.0 - How Disruptive Technology Affects Business Globally - To Disrupt or Risk Being Disrupted
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Dr. Mazlan Abbas
CEO, FAVORIOT
Email: mazlan@favoriot.com
Invited Talk - Arshad Ayub Graduate Business School (AAGBS), UiTM SHAH ALAM, June 9, 2018
Industry Revolution 4.0
How Disruptive Technology Affects Business Globally
“Get Ready to Disrupt or Risk Being Disrupted”
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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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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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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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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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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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Very crowded area. About 2.3 Million in Mount Arafat or Mudzalifah or
Mina at one particular period of time. Average 6 persons per sq. meter
during peak period
Indonesians Umrah - 2017
Core Customer Problems
LOSS OF DIRECTION
Missing pilgrims. Problems to
remember direction to
camps or accommodation
COMPLEXITY OF MANAGING
PILGRIMS
Whereabouts of Pilgrims and
Emergency Assistance
HEALTH CONDITION
Crowds and people from all
around the world –
vulnerable to infectious
disease or outbreaks. Hot
weather can cause
dehydration
CAUSE OF ANXIETY TO FAMILY
MEMBERS
Lack of communication
Indonesians Hajj - 2017
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The Solution
Flexi-1
Raqib Mobile App
Benefits to Family Members:
• Peace of Mind
• Monitor Health and Location
• Keep in constant
communications
Raqib Wearables
Benefits to Pilgrims:
• Assist Pilgrims to find their way
back
• Keep in constant
communications
Raqib Dashboard and CRM
Benefits to Pilgrims Authorities:
• A new source of revenue stream
• Service differentiation
• Better customer service to their
PilgrimsEzy-1
Core IoT Middleware/Platform
Raqib Is The Companion You
Need on Your Hajj & Umrah
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Home Health Transport OfficeWaste
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
SensorsActuators
IOTPlatform
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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Why favoriot ?
1. Customizable platform
2. Reduces time to market from months to weeks
3. Minimizes the cost and risk of application
development
4. Can be easily tailored for multiple business
applications
5. Capable of handling millions of devices and scale
elastically
6. As the platform evolves, you get new features for
free
7. Speeds up the rule creation process
8. Easily handling data ownership for sharing and
monetizing
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favoriot IoT Middleware Offers
• Device Connectivity - Supports different protocols and data format. Application
Programming Interface (API) ensuring accurate data streaming and interaction with all
devices
• Device Management - To ensures the connected “things” are working properly. We create
the abstraction of the physical devices in IOT realms within the IOT middleware
• Scalable Database - Scalable storage of device data brings the requirements for hybrid
cloud-based databases to a new level in terms of data volume, variety, velocity and
veracity
• Business Logic - Brings data to life with rule-based event-action-triggers
• Notification Engine - Combining business logic with notification engine enable execution of
“smart” actions based on specific sensor data
• Dashboarding - Enables users to see patterns and observe trends from visualization
dashboards where data is vividly portrayed through various type of charts
• Application Programming Interface - APIs that act as interfaces for third party systems
• Security - All interaction with the IOT Middleware are secured via HTTP/TLS protocol
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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 ]
72. favoriot
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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They are pioneers in IoT
They are willing to learn and take risks and are good
at building virtual teams internally and partnering
externally.
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.
A new generation of leaders, makers, thinkers, and
doers is meeting that change with flexibility and
optimism and transforming it into opportunity.
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They are eager to champion and drive these
opportunities in their organizations.
These people know that IoT is not just one project, one
training session, one change.
They know that in order to succeed they and their
organizations need to adjust and re-learn, over and
over again.
These are the people who see the transformational
power of IoT-driven processes, business models, and
new revenue streams.