4. favoriot
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
13. favoriot
Mechanization, steam
power, weaving loom
INDUSTRY 1.0
1784
1870
1969
TODAY
Mass production,
assembly line, electrical
energy
INDUSTRY 2.0
Automation, computers
and electronics
INDUSTRY 3.0
Cyber Physical Systems,
internet of things, networks
INDUSTRY 4.0
ERP
14. favoriot
Where Are We In The Industrial Revolution
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
27. favoriot
Key to Digital Transformation
Door to
Success
01
02
03
04
Clear Vision and Mission
Good multi-talent
Champion that breaks down
all barriers
Mindset Transformation
32. favoriot
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
“Network Effects”
Metcalfe’s Law
Number of transistors double every 2
years.
Moore’s Law
33. favoriot
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
34. favoriot
Understand Your Customer’s Business
Which?
Where?
How Frequently?
Why?
How?
Which features the customer uses
your product for?
Where and for how long your
customer used your product?
How frequently your customer
used the product?
Why your customer uses your
product?
How the customer uses your
product?
01
05
04
03
02
48. favoriot
National Technology and
Innovation Sandbox
RM100mil to explore new technologies
and innovations
National Technology and Innovation Sandbox
“Futurise Centre will be the test bed and living lab for
the development of national regulatory sandbox. This
will allow for policy experimentation, the testing of
innovative ideas and new business models”.
Former Prime Minister,
Announcement of NRS,
GEC Summit 2017
57. 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)
APPLICATION
INTEGRATION
DATA MANAGEMENT
DATA STORE BUSINESS LOGIC
NOTIFICATION
ENGINE
REST API
Custom Reporting
SECURITY
BIG DATA TOOLS
Application Development
AUTHENTICATION
Data Analytics
REST CoAP
MQTT
REST
58. favoriot
Key Features of FAVORIOT IoT Platform
• Rapid Development
• User-friendly APIs
• Ease of onboarding IoT Devices
• Scalable platform
• Notification Engine – Email and SMS
• IoT Support Forum Discussion Board –
Building Community
• Examples – Videos and Sample Source
Codes
• Many new and enhanced features in
Version 2.0 including ability to make
Dashboard Public
61. favoriot
Develop a small and focused solution that
can have immediate impact
Application
Start to integrate the back-end with the
existing system.
Integrate
New workflow, new business model and better
analytics.
Innovate
01
02
03
How Do We Start?
63. favoriot
Why Do Enterprises Favour Private or Hybrid
Iot Deployments over Public Clouds?
4
3
1
2
Data and control in the IoT world
4
3
1
5
2
Integrating IoT with existing systems
Regulations: Rules and parameters that form
value
Critical infrastructure requires zero disruption
and latency
Efficient decision-making closer to the point of
action
64. favoriot
FAVORIOT IoT Platform for Enterprise
1
5
4
2
3
Create your own unique IoT
solutions with Favoriot IoT
Platform.
It can be used as a training
platform for IoT classes.
It create multiple projects,
applications, groups and devices.
Can create a simple dashboard
to visualize your sensor data.
Can easily verify and see the data
that streams through Favoriot IoT
Platform.
Get Creative with the IoT Platform!