#AskIoTWorld Question #4:

How do I start my IoT Project?

Response:

Simple answer – it depends on where do you stand? Assuming that you have the necessary knowledge and skills to develop an IoT project, take the following steps:

1. Go out there and find a business case. Good market research report can give an indication but the market can be different in different countries. Thus, you need to be out there and find a real business case. Talk to the industry, talk to the customers and listen to their pain points.
2. The low hanging fruit is to replace manual labor with remote monitoring. Costs can be greatly reduced. No more traveling costs and time-consuming data gathering. By doing this, you are also benchmarking their operations.
3. The best part of benchmarking is that you can now introduce more sensors, actuators, analytics to gain better insights and thus ROI can be easily seen and predict.

This is just the beginning of your IoT journey. Take a simple step forward, understand their business case, learn, change if it doesn’t work, expand if it begins to show the ROI.

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[Note: You can #AskIoTWorld with any IoT-related questions and we will try to answer in this Blog]

#askiotworld #3:

I am very interested in IoT and would like to embark in this business. How do I start?

Response:

Everyone is excited about IoT, its potential and the promise of billions of connected devices including trillions of dollars in the business. But many are confused how to start their IoT venture.

Everyone is excited about IoT, its potential and the promise of billions of connected devices including trillions of dollars in the business. But many are confused how to start their IoT venture.

Here are my suggestions:

#askiotworld #2:

Are there fully IOT implemented in any University around the globe? If there are then share the list and % of IOT implementation coverage. If it can be implemented in any University in Malaysia, should it be UTM the best candidate? is there any plan for it then?

Response:

A simple answer to this will be “no”. In fact, there is no single organization in the world that really implement a “full” IOT. Some parts of the organization might adopt IoT but not “fully” if that’s what the question is referring.

Most IoT research activities reside in the Universities. The research originates from Faculty of Electrical or Electronic or Computer Engineering to Faculty of Computer Science. Advanced IoT applications can be seen in many University Labs. Unfortunately, there are no statistics compiled worldwide although you can check out FP7 and Horizon 2020 list of projects to see which Universities in Europe are involved in IoT.

In Malaysia, FAVORIOT has started to engage with 15 Universities to groom the new Generation-IoT. Check the list here. Personally, I have seen many IoT projects in the Universities have difficulty to turn them into something commercial. Mainly due to the objectives of the projects are focused on developing new technologies, producing Masters and Ph.D. graduates, publications and presenting at conferences. The funds given are not able to go beyond prototypes. These are among the many challenges for Universities in Malaysia to “fully” implement IoT.