SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
Your Journey Towards Fourth Industrial Revolution
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Dr. Mazlan Abbas
CEO, FAVORIOT
Email: mazlan@favoriot.com
TIMETOTALK: DIGITAL MEDIA, IUMW, Oct. 26, 2018
Your Journey Towards 4th Industrial
Revolution
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IoT and IR 4.0 Trends in Malaysia
IoT Trends IR 4.0 Trends
2014 2017
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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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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
Healthcare
We estimate 646M IoT devices will be used for
healthcare by 2020. Connected healthcare devices
can collect data, automate processes, and more.
[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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RAQIB is a SERVICE that monitors the MOST
important ASSETS of a person
HealthSafety Peace of Mind
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As population around the world continue to grow
and health care becomes more widely available,
people are living longer than before.
The percentage of the global population that is 65
or older will double from 10% to 20% by 2050
However, living longer doesn’t mean they will
continuously live healthier. Many will suffer chronic
diseases and memory loss issues.
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Healthcare costs keep on increasing. Costly time and
money due to frequent visitations. Hospitals and elderly
care centers unable to cope with the number of elderly
people.
Thus, the trend is now about “Aging in Place” where
elderly will live at home either with family members or
alone.
How do we ensure the elderly people live
alone with a healthy life, safe and secure
but with constant supervision?
How do we let them “Live Alone But Not
Left Alone”?
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Aging Population Issues
E.g. China - 64 elderly
for every 100 workers by
2025
4 : 2 : 1 Problem
4 grandparents and two
parents cared by a single
person