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Generation-IoT:
The Key to Business Survival in
21st Century
Dr. Mazlan Abbas
Chief Executive Officer
favoriot
Academia-Industry Dialogue (AID) 1.0:
Managing Technology and Reinventing Education

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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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The 3 Tsunamis of Internet
Fixed Internet Mobile Internet Internet of Things (IOT)

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Diffusion of Innovation

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How Do I Start My IoT
Journey?
Supply “Street” vs Demand “Road”

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”I Want Happiness”

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IoT is Not All About
Technology
What the Industry Wants from the Graduates?

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Identify Business Case –
Asking the Right
Questions

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Connecting the Dots
– A Problem Solver

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Understanding IOT
What is Exactly Internet of Things?

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Components of Internet Of Things (IoT)
Things
(Sensors & Actuators)
Connectivity Data Analytics

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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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The Importance Of Getting
Things Connected
The need to connect assets

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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

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Who Benefits From Connected Assets?
Operating
environment
Other products
“things”
Maker
Users
Connected Assets

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Understanding IoT Maturity
Phases

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Monitoring
Autonomous
Optimization
Control
IOT Maturity

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MONITORING
Vehicle Tracking

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CONTROL
Security Lock
Immobilizer

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OPTIMISE
Best Route
Safe Fuel
Optimize Engine

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AUTONOMOUS
Self-Cruising
Safe-Sailing

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Who Benefits From Connected Assets?
Operating
environment
Other products
“things”
Maker
Users
Connected Assets

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Market Potential
Examples

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Construction Business
Reduce rental
costs – send
under-used
equipment where
it is needed
Track all assets –
never lose
expensive
equipment again
Show alerts and
order
replacements
before equipment
breaks down
Extend the lifetime
of your assets with
informed decisions

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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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Define Your Data… But What
Data?
How to Start Building Your First IoT Solution

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Data Ownerships
Personal/Household
Private
Public
CommercialSensorDataProvider

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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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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?

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Smart Parking
Smart Parking
With Sensors
Location of
Parking
Availability
Parking
Utilization
Tiered Pricing
Parking

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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)

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Smart Waste Management
TIMELY SCHEDULE
ALERT
“I’M FULL”
UNATTENDED
GARBAGE
RIGHT ROUTES

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Home Health Transport Office
Waste
IOT Platforms - From Vertical To Horizontal
Blending Data - Creating New Compound Applications

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Who are the IOT players?
IOT ECOSYSTEM

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Building IOT Solutions
PARTNERING WITH FAVORIOT

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Delivering The Whole IOT Puzzle
Internet
Biometric
Ultrasonic
Temp
Humidity
Pressure
Motion
Position
Light
Image
Motor
Switch
Lighting
Valve
Sensors
Actuators
IOT
Platform
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

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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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Examples of IoT Solutions

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Building the New
Generation-IoT

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Diffusion of Innovation

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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/ ]

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The Need for 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 ]

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Building the Next Generation-IoT

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They are pioneers in IoT

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They are willing to learn and take risks and are good
at building virtual teams internally and partnering
externally.

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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.

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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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These are the people who see the transformational
power of IoT-driven processes, business models,
and new revenue streams.

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They are eager to
champion and drive
these opportunities in
their organizations.

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These people know that IoT is not just one
project, one training session, one change.

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They know that in order to succeed they and their
organizations need to adjust and re-learn, over and
over again.

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You Are the
Generation-IoT

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http://iotworld.co

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www.favoriot.com
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