3. favoriot
BUSINESS SURVIVAL IN
21stCENTURY
• 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
13. 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
14. favoriot
IoT Training System for Universities/Colleges
favoriot
Scientific &
Technical
Product Sdn
Bhd
IOT-1000 Training System http://www.scitech.com.my
http://www.favoriot.com
15. favoriot
Key Features of FAVORIOT IoT Platform
1. Rapid Development
2. User-friendly APIs
3. Scalable platform
4. Community-based
20. 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
38. favoriot
Difficulty in coordinating actions
across different organization units
Lack of courage to push radical
transformation
Lack of necessary talent
Lack of business case that justifies
investment in the underlying IR 4.0
architecture
Top Barriers
to IR 4.0
42. favoriot
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
57. favoriot
Understand Your Customer’s Business
How the customer uses
your product?
Which features 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?
61. favoriot
TRANSPORTATION
Connected cars are a top IoT device. We
estimate there will be over 220M connected cars
on the road by 2020.
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.
66. favoriot
… from all over the world to improve their customer
relations which will enhance their image in the market and
make them stand and spread globally.
IoT will help around 70%
of the retailer
67. favoriot
In the
Warehouse
• Inventory Management
• Improves monitoring and tracking of
inventory items
• Information – product type, manufacturer’s
name, expiry dates and batch IDs
• Find correct items, track and analyze
the number of sold products and make
predictions on the future sale
• Reduce customer dissatisfaction
• Ambient Conditions Control
• Check optimum temperature for perishable
products and send alerts whenever
required
• Warehouse maintenance
• State of equipment – e.g. forklift for
predictive maintenance
• Robots – picking and packing
68. favoriot
IoT Help Track Inventory Records
• IoT reduced those factors
which may dissatisfy the
consumer such as product
availability, product expiry
dates, batch Id, etc
• In the case of product
shortage, IoT informs the
administration before stock
becomes empty by
automatically creating
an order.
69. favoriot
On The Way
• Logistics and Supply Chain
Management
• Goods move from one place to
another without risks of being lost
• IoT devices can provide the full
picture – location, track,
temperature, the driver, weather,
route, speed, arrival time, etc
• Self-Driving Trucks / Drones
• Parcel deliveries
• Focus on Customers
• Enhance the delivery customer
experience by sending automated
messages to inform customers of
the status of their packages
70. favoriot
By the
Consumers
• Smart Homes
• Virtual Assistants – Google
Home, Amazon Alexa, etc
• Dash Buttons
• Excellent way for businesses to
establish their brand in a
household long-term