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Transforming into Industry
4.0 Manufacturing
Dr. Mazlan Abbas
CEO - favoriot
Email: mazlan@favoriot.com
Manufacturing Seminar – Aspire to Action: Demystifying the ESG (17 January, 2023)
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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
BUSINESS SURVIVAL IN 21stCENTURY
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Why IoT is Now at an Inflection Point?
Cheaper and smaller.
Hardware
Key
Growth
Factors
Ripples of
technologies.
Simple and faster.
Software
Development
Becoming pervasive.
Connectivity
New entrants and players
IoT Ecosystem
Number of transistors double
every 2 years.
Moore’s Law
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What is Society 5.0?
Hunting
Society
Agricultural
Society
Industrial
Society
1.0 3.0
2.0 4.0 5.0
Information
Society
Super Smart
Society
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What is IR 4.0?
IR 1.0
(Manual
With Physical Tools)
IR 2.0
(Electrical)
IR 3.0
(Automation/
Internet)
IR 4.0
(Intelligence)
1.0 3.0
2.0 4.0
(1784) (1870) (1969) (Today)
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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 and Sense
Environment
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World of Sensors
[Source: Overview of Spintronic Sensors With Internet of Things for Smart Living, Xuyang Liu et.al, IEEE TRANSACTIONS ON MAGNETICS, VOL. 55, NO. 11, NOVEMBER 2019]
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5 (Five) Action Plans
Identify the focused
technologies in IR 4.0
IR 4.0 Technologies
5
Action Plans
Leverage the power of partners
Ecosystem
Upskill or reskill current
workforce knowledge
Latest Knowledge
Become a Digital Leader to
transform your organizations
Digital
Transformation
Support R&D and encourage
innovation
Innovation