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![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-5-2048.jpg)
![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-6-2048.jpg)
![favoriot
[Source: http://postscapes.com/what-exactly-is-the-internet-of-things-infographic ]](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-7-2048.jpg)
![favoriot
IOT Statistics
[Source: http://www.informationisbeautiful.net/visualizations/the-internet-of-things-a-primer/ ]](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-10-2048.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/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-26-2048.jpg)
![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
Oil, gas, and mining
In five years, it is predicted that 5.4 million IoT devices
will be used on oil extraction sites. BI Intelligence said
that these devices will primarily be internet-
connected sensors used to provide environmental
metrics about extraction sites.
[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/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-27-2048.jpg)
![favoriot
Market Potential
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.
[Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
Defense
We estimate spending on drones will reach $8.7B in
2020. In addition, 126K military robots will be shipped in
2020, according to Frost & Sullivan.](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-28-2048.jpg)
![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]
Food Services
With the world population on the rise, IoT will help to
keep food production levels at good pace. BI
Intelligence estimates 75 million IoT device installations
for agricultural uses by 2020, at a 20% CAGR.](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-29-2048.jpg)
![favoriot
Market Potential
Utilities
Energy companies throughout the world are trying to
meet the rising demand in energy. To do this, they will
be installing nearly 1 B smart meters 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]
Hospitality
31% of hotels use next-generation door locks, 33% have
room control devices, 16% have connected TVs, and
15% use beacons throughout the hotel, according to
Hospitality Technology’s 2015 Lodging Technology
survey.](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-30-2048.jpg)
![favoriot
Market Potential
Infrastructure
We estimate municipalities worldwide will increase their
spending on IoT systems at a 30% CAGR, from $36B in
2014 to $133B in 2019. This investment will generate
$421B in economic value for cities worldwide in 2019.
Retail
Beacons, paired with mobile apps, are being used in
stores to monitor customer behavior and push
advertisements to customers. In the US, we estimate
$44.4B will be generated from beacon triggered
messages.
[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/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-31-2048.jpg)
![favoriot
Market Potential
Logistics
Tracking sensors placed on parcels and shipping
containers will help reduce costs associated to lost or
damaged goods. In addition, robots such as Amazon
Kiva robot, help reduce labor costs in warehouses.
Banks
There are nearly 3M ATMs installed globally in 2015,
according the World Bank. Some teller-assist ATMs
provide live-stream video of a teller for added
customer support.
[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/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-32-2048.jpg)
![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]](https://image.slidesharecdn.com/internetofthingsjourney-170522005547/75/Internet-of-Things-IOT-Journey-33-2048.jpg)
Uploaded byDr. Mazlan Abbas
Internet of Things (IOT) Journey
The document discusses Internet of Things (IoT) and favoriot's IoT platform. It begins by explaining the three waves of internet development and what constitutes IoT. It then discusses IoT components, maturity phases, benefits, market potential across various sectors, and examples of IoT solutions. The document also introduces favoriot's IoT platform, which aims to enable developers to easily build IoT applications through features like connectivity protocols, device management, data processing, analytics and security.
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Similar to Internet of Things (IOT) Journey
Internet of Things (IOT) Journey
- 1. favoriot Internet of ThingsJourney Dr. Mazlan Abbas Chief Executive Officer favoriot
- 2. favoriot The 3 Tsunamisof Internet Fixed Internet Mobile Internet Internet of Things (IOT)
- 3. favoriot Understanding IOT What isExactly Internet of Things?
- 4. favoriot Components of InternetOf Things (IoT) Things (Sensors & Actuators) Connectivity Data Analytics
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- 8. favoriot Why IoT IsAt An Inflection Point? Hardware is cheap Connectivity is pervasive Moore’s Law continues Metcalfe’s Law ”Network Effects” Development is easy
- 9. favoriot How Should IThink About IoT? Device connectivity & management Connecting insights back to business Analytics & operational insights
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- 11. favoriotForecast IoT Connectionsin UK © Cambridge Consultants 2017
- 12. favoriot The Importance OfGetting Things Connected The need to connect assets
- 13. favoriot I need to maintainthe 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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- 20. favoriot The Triple ThreatOf IoT Benefits of IoT
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- 26. favoriot Market Potential Transportation Connected carsare 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.
- 27. favoriot Market Potential Manufacturing 35% ofmanufacturers already use smart sensors. 10% plan to implement them within a year, and 8% plan to implement them within 3 years, according to PwC Oil, gas, and mining In five years, it is predicted that 5.4 million IoT devices will be used on oil extraction sites. BI Intelligence said that these devices will primarily be internet- connected sensors used to provide environmental metrics about extraction sites. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 28. favoriot Market Potential Agriculture We estimate75M 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. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v] Defense We estimate spending on drones will reach $8.7B in 2020. In addition, 126K military robots will be shipped in 2020, according to Frost & Sullivan.
- 29. favoriot Market Potential Connected Home Smartmeters 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] Food Services With the world population on the rise, IoT will help to keep food production levels at good pace. BI Intelligence estimates 75 million IoT device installations for agricultural uses by 2020, at a 20% CAGR.
- 30. favoriot Market Potential Utilities Energy companiesthroughout the world are trying to meet the rising demand in energy. To do this, they will be installing nearly 1 B smart meters 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] Hospitality 31% of hotels use next-generation door locks, 33% have room control devices, 16% have connected TVs, and 15% use beacons throughout the hotel, according to Hospitality Technology’s 2015 Lodging Technology survey.
- 31. favoriot Market Potential Infrastructure We estimatemunicipalities worldwide will increase their spending on IoT systems at a 30% CAGR, from $36B in 2014 to $133B in 2019. This investment will generate $421B in economic value for cities worldwide in 2019. Retail Beacons, paired with mobile apps, are being used in stores to monitor customer behavior and push advertisements to customers. In the US, we estimate $44.4B will be generated from beacon triggered messages. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 32. favoriot Market Potential Logistics Tracking sensorsplaced on parcels and shipping containers will help reduce costs associated to lost or damaged goods. In addition, robots such as Amazon Kiva robot, help reduce labor costs in warehouses. Banks There are nearly 3M ATMs installed globally in 2015, according the World Bank. Some teller-assist ATMs provide live-stream video of a teller for added customer support. [Source: http://www.cbronline.com/news/internet-of-things/m2m/smart-connected-always-on-10-huge-iot-impacts-on-10-huge-sectors-4709736v]
- 33. favoriot Market Potential Healthcare We estimate646M 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]
- 34. favoriot Define Your Data…But What Data? How to Start Building Your First IoT Solution
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- 38. favoriot Wisdom Knowledge Information Data More Important Less Important Evaluated understanding Appreciation of Answersto questions. Symbols Understanding Answers to questions WHO WHY HOW WHAT WHERE WHEN Value is Created by Making Sense of Data
- 39. favoriot 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?
- 40. favoriot Smart Parking Smart Parking WithSensors Location of Parking Availability Parking Utilization Tiered Pricing Parking
- 41. favoriot Wisdom Knowledge Information Data More Important Less Important Understanding Example: Smart WasteManagement 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)
- 42. favoriot Smart Waste Management TIMELYSCHEDULE ALERT “I’M FULL” UNATTENDED GARBAGE RIGHT ROUTES
- 43. favoriot Home Health TransportOfficeWaste IOT Platforms - From Vertical To Horizontal Blending Data - Creating New Compound Applications
- 44. favoriot Who are theIOT players? IOT ECOSYSTEM
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- 52. favoriot Examples of IoTSolutions
- 53. favoriot Building IOT SolutionsUsing FAVORIOT FAVORIOT APPROACH
- 54. favoriot Delivering The WholeIOT Puzzle Internet Biometric Ultrasonic Temp Humidity Pressure Motion Position Light Image Motor Switch Lighting Valve SensorsActuators IOTPlatform 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
- 55. favoriot Benefits of Usingfavoriot 1. Cloud-based platform (PaaS and SaaS) 2. Reduces time to market from months to weeks 3. Reduces the cost and risk of application development 4. Can be easily tailored for multiple business applications and different market segments 5. Capable of handling millions of devices, data streams and scale elastically 6. Simple business rule creation process 7. Easily handling data ownership for sharing and monetizing 8. As the platform evolves, you get new features easily
- 56. favoriotFAVORIOT – AnIOT Platform “That Rules Your Things” IOT PLATFORM IOT Application Enablement Platform (AEP) meant to enable a developer deploy an IOT application. DASHBOARD Chart analysis. Responsive web design for all screens. Simple graphs CONNECTIVITY PROTOCOLS Supports REST API and others EVENT PROCESSING “Trigger-Condition-Action” model. Physical sensors and virtual sensors supported. Rules Engine to enable real- time action triggering 3RD PARTY PLUGINS Social Media integration DEVICE MANAGEMENT Managing devices based on users, projects, applications and groups. FUTURE-PROOF Future-proof IOT solution ADVANCED DATA PROCESSING Real-time aggregated data streams to applications but also access to historical data for data aggregation and advanced queries
- 57. favoriot Gateway 3G/Ethernet/Wi-Fi IOT Devices IOT Devices 3G/Ethernet/Wi-Fi HTTPS Push/PullService Social Media Integratio n 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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