IR 4.0 Transitional Stage - Where Are We Mow
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The document discusses the advancements of the Internet of Things (IoT) within the context of the 4th Industrial Revolution, highlighting various applications such as smart healthcare, transportation, and agriculture. It identifies key challenges and solutions related to IoT implementation and emphasizes the need for organizations to adapt and reinvent themselves to survive in a rapidly changing landscape. Additionally, it mentions the potential job displacement due to automation while stressing the importance of acquiring new skills to meet future workforce demands.
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Who Will Replace Your Jobs?
[Source: https://www.ald.softbankrobotics.com/en/robots/pepper ]](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-12-320.jpg)
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The Future of
Autonomous
Cars
[Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-
autonomous-cars-ultimately-save ]](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-21-320.jpg)
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$1.3 Trillion
per year
Savings at
Stage 4
[Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-autonomous-cars-ultimately-save ]](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-22-320.jpg)
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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.](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-32-320.jpg)
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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.](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-36-320.jpg)
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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]](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-37-320.jpg)
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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]](https://image.slidesharecdn.com/ir4transitionalstage-wherearewenow-190331041629/85/IR-4-0-Transitional-Stage-Where-Are-We-Mow-38-320.jpg)
IR 4.0 Transitional Stage - Where Are We Mow
- 1. favoriot Dr. Mazlan Abbas CEO, FAVORIOT Email: mazlan@favoriot.com INNOAVIATION 2018 “THE 4TH INDUSTRIAL REVOLUTION: THE ONLY WAY TO WIN”, 26th July 2018 at Pos Aviation Headquarters, KLIA IR4.0 Transitional Stage: Where Are We Now?
- 2. favoriot About FAVORIOT favorwatch for Senior Care Raqib for Hajj/Umrah Pilgrims favoriot IoT Middleware for IoT Developers favorsense for Building Better Communities/Cities Problem: Missing Pilgrims and family anxiety Solution: Smart solution for Pilgrims that can be monitored by Travel Agencies and Family members Problem: Difficult to start learning and building IoT solutions Solution: IoT middleware that helps to rapidly develop IoT solutions with easy to use device management and other tools Problem: Living alone and no caregiver Solution: Smart healthcare for elderly people and monitored from remote by family members Problem: Difficult to get feedback from customer complaints Solution: Crowdsourcing using smartphone to capture issues and create trouble tickets for ease of tracking and solving issues
- 4. favoriot Where Are We in the Industrial Revolution? Manual Electrical Automation Intelligence
- 5. favoriot Industry 4.0 (I4.0) Equal to 4th Industrial Revolution (4IR)?
- 6. favoriot 4th Industrial Revolution Technologies
- 10. favoriot 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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- 12. favoriot Who Will Replace Your Jobs? [Source: https://www.ald.softbankrobotics.com/en/robots/pepper ]
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- 14. favoriot 10 Jobs That Will Be Replaced By Robots 1. Insurance underwriters and claims representatives 2. Bank tellers and representatives 3. Financial analysts 4. Construction workers 5. Inventory managers and stockists 6. Farmers 7. Taxi drivers 8. Manufacturing workers 9. Journalists 10. Movie stars
- 15. favoriot Understanding IOT What is Exactly Internet of Things?
- 21. favoriot The Future of Autonomous Cars [Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will- autonomous-cars-ultimately-save ]
- 22. favoriot $1.3 Trillion per year Savings at Stage 4 [Source: https://www.quickquid.co.uk/quid-corner/2014/09/03/much-money-will-autonomous-cars-ultimately-save ]
- 24. favoriot
- 26. favoriot In US, as many as 4 Million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted
- 27. favoriot FLYINGTAXIAAV – Autonomous Aerial Vehicle
- 28. favoriot Understand Your Customer’s Business How the customer uses your product? What 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?
- 29. favoriot Example - Is It Worth to Track a Person? USD 20 Per Month Payfor Fun? PaytoSaveUSD 30permonth PaytogetnewRevenue USD25permonth PayforLoyalty Program
- 32. favoriot 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.
- 33. favoriot Are You A Safe Driver?
- 36. favoriot 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.
- 37. favoriot 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]
- 38. favoriot 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]
- 39. favoriot Building IR 4.0 Applications Leveraging the IOT Ecosystem
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- 43. favoriot Wisdom Knowledge Information Data More Important Less Important Benefitto Hum anity 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
- 44. favoriot Home Health Transport OfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
- 45. favoriot Delivering The Whole IOT Puzzle Internet Biometric Ultrasonic Temp Humidity Pressure Motion Position Light Image Motor Switch Lighting Valve SensorsActuators IOTPlatform Analytics Applications WiFi 2G/3G/4G An IoT platform is able to connect to devices and sensors in real time, process data and drive big-data analytics in the cloud.
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- 47. favoriot Smart Modules Smart Objects Connectivity Platform S/W Customization/ System Integrator Application s /Analytics Resellers / Channels Malaysia IoT Ecosystem As of March 28, 2018 @ 9.00 am R&D/ Universities ©IoTDiscussion Group
- 48. favoriot favoriot IoT Middleware “Creating an IoT Innovation Ecosystem”
- 49. 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
- 50. favoriot Examples of IoT Solutions
- 52. favoriot Difficulty in coordinating actions across different organization units Lack of courage to push radical transformation Lack of necessary talent Concern about cybersecurity when working with third party providers Lack of business case that justifies investment in the underlying IT architecture Top Barriers to Industry 4.0
- 53. favoriot New technology always seems to be destroying manual jobs but creates demand for high-skilled jobs. Just like the industrial and technological revolutions before it, IoT will replace unskilled jobs with high- skilled occupations. Instead of fearing for our jobs, we should focus on expanding our skill sets. Jobs Displacement vs Creation
- 54. favoriot Diffusion of Innovation Where Are We Now?