#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:

Any digital transformation starts with the people. Technology adoption will face a stumbling block if we don’t have a generation of leaders, makers, thinkers, and doers. The same goes with IoT adoption – we need the right people, the right mindset and right competencies. FAVORIOT in the quest to develop a Generation-IoT,  recently partners with ten (10) Malaysian Universities to provide better hands-on skills and tools to the University students (and lecturers) in developing their IoT solutions using FAVORIOT middleware.

The list of the Universities who joined the program are listed below:

1. Universiti Teknologi Malaysia (UTM)
2. Universiti Tun Hussein Onn Malaysia (UTHM)
3. Universiti Kuala Lumpur (UniKL)
4. Universiti Malaysia Sarawak (UNIMAS)
5. Universiti Sultan Zainal Abidin (UniSZA)
6. Universiti Tenaga Malaysia (UNITEN)
7. Universiti Teknikal Malaysia Melaka (UTeM)
8. Universiti Sains Malaysia (USIM)
9. Universiti Malaysia Perlis (UniMAP)
10. Asia Pacific University (APU)

It is expected about 300 graduates every year will be utilizing FAVORIOT platform for their Lab experiments, Final Year or Research projects. The program will allow more than 1500 devices to be connected to the platform.