Today, we will discuss the key reasons why organisations should consider adopting IoT (Internet of Things).

The diagram highlights three main benefits: Gain, Retain, and Innovate. Let’s go through each of these in a simple and structured way.

1. Gain

The first reason to consider IoT is the opportunity to gain strategic advantages and stay competitive in the market.

Strategic Advantages: IoT allows businesses to reinvent their business models, offering smarter, data-driven services.

• Example: A retail store using IoT to track customer preferences and improve in-store experiences.

Become Competitive: By adopting IoT, businesses can stay ahead of competitors who are slow to embrace technology.

• Example: A logistics company using IoT sensors to optimise delivery routes.

Data-Driven Decisions: IoT provides real-time data, which helps in making better decisions faster.

• Example: A manufacturer monitoring equipment performance to reduce downtime.

2. Retain

The second reason is about retaining the best employees and maintaining operational efficiency.

Attract and Retain Talent: Employees prefer organisations that use the latest tools and technology to make their work easier and more efficient.

• Example: Providing engineers with IoT-enabled tools to monitor and control operations remotely.

Ease Workloads with Automation: IoT automates repetitive tasks, allowing employees to focus on higher-value activities.

• Example: Smart systems in a factory automatically managing inventory levels.

When employees feel supported by modern technology, they are more likely to stay with the organisation.

3. Innovate

The third and perhaps most exciting reason is the ability to innovate with IoT.

Go-to-Market Strategies: IoT enables businesses to develop new strategies to attract and retain customers.

• Example: A car rental company using IoT for keyless entry and real-time vehicle tracking.

New Products and Services: IoT opens doors to create entirely new offerings that improve the customer experience.

• Example: Wearable health trackers offering personalised fitness insights.

Better Quality of Life: For individuals and society, IoT can enhance convenience, safety, and overall well-being.

• Example: Smart homes with automated lighting and security systems.

Efficiency and Savings: IoT reduces costs by optimising resources and processes.

• Example: Smart irrigation systems saving water in agriculture.

Key Takeaway

The main takeaway is simple: IoT is not just about adopting technology — it’s about creating value by:

1. Gaining a competitive edge.
2. Retaining top talent and improving efficiency.
3. Innovating to improve products, services, and quality of life.

IoT is the key to staying relevant in today’s fast-changing world.

Let’s discuss: Which of these reasons resonates most with your business or personal goals? How can IoT help you achieve them? Let’s explore together!

[Download the FREE eBook — IoT Notes by Mazlan Abbas]

Today, we will explore a structured way to implement IoT projects called the 3-Question Approach (W-W-H). This approach revolves around asking three key questions: What? Why? How?

Let’s review each step to understand how this framework ensures clarity and direction for IoT solutions.

1. What? (Problem Statement)

The first question is What? which helps us identify the problem we’re trying to solve.

Purpose: To uncover the actual pain points or gaps in current processes.

Steps:

• Look for inefficiencies or challenges in operations.
• Identify areas where IoT can provide value.

Examples:

• Low production rates in a factory.
• Increasing operational costs.
• Poor quality control leads to defects.
• Safety incidents in a workplace.
• Intermittent services in logistics or delivery.

Understanding the problem is the foundation of any successful IoT project.

2. Why? (Objective & End Goal)

Next, we ask Why?, which focuses on the objective and the end goal of the IoT implementation.

Purpose: Clearly define what you want to achieve and align everyone toward that goal.

Steps:

• Get buy-in from stakeholders by explaining the benefits.
• Ensure the outcome can be monitored and measured effectively.

Examples of Objectives:

• Improve logistics and delivery efficiency.
• Reduce operational costs.
• Enhance asset utilisation and reduce errors.
• Boost overall safety and performance.

Defining the “why” ensures a clear purpose behind the IoT deployment.

3. How? (Solutions)

The final question is How? which focuses on the solutions to address the problem and achieve the goals.

Steps:

Use the DNA approach:

• D — Device: Identify the right sensors to collect the required data.
• N — Network: Choose a suitable network for connectivity (e.g., Wi-Fi, LoRa, 5G).
• A — Applications: Develop platforms (mobile or web) to process and display the data.
• Decide on an implementation strategy:
• Build in-house.
• Operate internally.
• Outsource to a third party.
• Collaborate with partners.

Examples of Solutions:

• Install sensors to monitor production lines in real time.
• Ensure the network has sufficient coverage and can handle the amount of data.
• Develop mobile or web applications to provide actionable insights.

The “how” ensures the project is feasible and actionable.

Key Takeaway

The 3-Question Approach provides a clear path for implementing IoT solutions:

1. What? — Define the problem.
2. Why? — Establish the objective.
3. How? — Develop the solution.

This framework ensures every IoT project is focused, aligned, and effective. Think big, but start small.

Let’s discuss: Can you think of an example where this approach could be applied in your industry or daily life? What “What-Why-How” steps would you take? Share your thoughts!

[Download FREE IoT Notes by Mazlan Abbas

License:

• Perpetual License
• For On-premise or Private Cloud

Comprehensive Device Management:

• Supports unlimited devices
• Securely connect and manage a large number of diverse data from IoT devices and Gateways.
• Support real-time monitoring of device status.
• Remote device control and configuration (*Device must support to receive commands)
• Manage device operation in the platform.
• Support for various communication protocols (MQTT, CoAP, REST).
• Hierarchy organisation for efficient management, including Projects, Applications, Groups and Devices.

Scalable Data Ingestion and Storage:

• Handle high-volume, high-velocity data streams from multiple sources.
• Flexible data storage options to accommodate various data types and formats.

Powerful Data Analytics and Visualisation:

• Real-time data visualisation through customisable dashboards and widgets.
• Historical data analysis to identify trends and patterns.
• Analytics to optimise operation (including Basic Statistics, Periodical Basic Statistics, Value Growth, Correlation Between Parameters, and Time Series Forecasting).
• Customised report generation based on data analysis.
• Ability to share the visualisation to the public using generated URL links.
• Integration with third-party analytics tools for advanced analysis.

Flexible Rule Engine:

• Define custom rules and alerts based on real-time data.
• Automate actions such as sending notifications (to predefined email address and Telegram group), controlling devices, or triggering workflows.

API and Integrations:

• Unlimited APIs
• RESTful API for seamless integration with existing systems and applications.

Edge Gateway Processing:

• An Edge Gateway Component within platform that connects IoT Gateways to Favoriot Platform to process, manage and store data from end devices that are published through the gateway.

Security and Compliance:

• Use of unique API key and access token to record data in the platform.
• Robust security measures to protect data and devices from unauthorised access.

Other Features

• An unlimited number of parameters in one stream.
• Ability to send data to a third-party server.
• Download data using CSV or JSON format or preconfigure to send data periodically to email addresses.

Installer Certification

• The platform installer must be a certified Favoriot Platform Installer. This ensures the installer has the knowledge and expertise to correctly install and configure the platform.

Contact us (info@favoriot.com) for Server or Cloud Specs and pricing.

Download here for the brochure.