The focus of IoT subjects in academic institutions, particularly universities, is at a pivotal juncture.

While it’s beneficial for students to delve into IoT projects, utilizing affordable sensors and microcontrollers to grasp the basics of IoT hardware design and development, this approach only scratches the surface of what the industry demands.

As educational institutions aim to prepare students for the realities of the professional world, the emphasis should shift towards data analytics rather than constructing IoT hardware.

Bridging the Gap Between Academic Projects and Industry Standards

The hands-on experience gained from building IoT projects with cost-effective tools like Arduino or Raspberry Pi is invaluable for understanding the fundamental concepts of IoT.

However, this experience is markedly different from the challenges faced in the commercial sector.

Commercially viable and robust IoT hardware development transcends the capabilities of the affordable sensors used in academic projects.

Prototypes crafted in university labs often need more durability and accuracy when deployed in real-world conditions, frequently yielding unreliable data.

The Essential Role of Data Analytics

In the professional realm, commercial and industrial-grade IoT hardware is the norm.

These high-quality devices are designed to endure rigorous conditions and provide precise, consistent data.

The crux of IoT’s value in the industry lies not in the hardware itself but in the insights derived from the data it collects.

This is where the focus on data analytics becomes crucial.

Data analytics in the context of IoT extends beyond simple visualization to encompass predictive modeling and decision-making.

It requires a robust skill set in coding, artificial intelligence (AI), and machine learning (ML). The data harvested from diverse IoT devices across various scenarios present unique challenges in interpretation and application.

The ability to transform raw data into compelling narratives and actionable insights — a skill known as data storytelling — is increasingly recognized as pivotal in unlocking the full potential of IoT implementations.

Cultivating Future-Ready Skills

Universities have the opportunity to equip students with the skills necessary to thrive in a data-driven IoT landscape.

This entails a curriculum emphasizing data analysis, AI, and ML, in conjunction with an understanding of leveraging IoT platforms such as the Favoriot IoT platform for data collection, visualization, and analysis.

Ensuring students are adept in these areas prepares them to make meaningful contributions to their organizations from the outset, enabling them to handle industry-grade hardware and, more importantly, to extract and interpret the valuable data it provides.

Conclusion

The shift towards a data-centric approach in IoT education is not just a response to industry trends; it’s a forward-looking strategy to empower the next generation of technologists.

By focusing on data analytics, universities can bridge the gap between academic exercises and the real-world demands of IoT, fostering a workforce capable of leveraging IoT technologies to their fullest potential.

As we continue to navigate the complexities of digital transformation, the ability to understand and act upon data insights will be paramount, underscoring the need for an educational paradigm that prioritizes data analytics in the realm of IoT.

“With Favoriot, your vision doesn’t have to fit the mold — the platform bends to your innovation, making custom IoT solutions not just possible, but seamless.”

This article, “Why Universities Should Focus on Data Analytics Rather Than DIY IoT Hardware,” was originally published in Medium.

Check out industrial-grade commercially ready sensors that help to collect your data for further insights:

• Wind Sensor
• Rainfall
• Air Quality (Atmospheric Temperature, Humidity, Pressure and CO2)

Contact Favoriot to schedule an appointment or check out Favoriot IoT Professional Courses.

Learn IoT using this FREE IoT Notes eBook.

Are you busy building IoT hardware but lack the time and resources to create an end-to-end solution quickly for your customers?

Are you a Data visualization specialist seeking an IoT project, but do you need more tools or platforms to collect IoT data?

Deploying a robust IoT project, however, is an intricate task.

It involves blending diverse elements such as IoT devices, connectivity solutions, platforms, data processing, analytics, visualization, and user applications.

Companies specializing in IoT hardware often face significant hurdles when venturing into IoT platform development.

This challenge is amplified by the vast difference in the skill sets required for hardware versus software development, including the nuances of IoT platforms.

Crafting firmware is a world apart from managing sensor data and developing user-friendly dashboards.

This is precisely where Favoriot makes a grand entry, offering a streamlined on-premise IoT platform that effortlessly integrates with a company’s hardware solutions, thus delivering a holistic end-to-end IoT package to clients.

This strategy simplifies the entire IoT setup process and cuts down on the resources and capital needed to create a standalone IoT platform.

Challenges of In-House IoT Platform Development

The temptation to develop a bespoke IoT platform is strong among many organizations.

Yet, this path is often riddled with unforeseen reliability, scalability, and device management hurdles.

The endeavor to construct a secure, scalable, and efficient system for handling diverse device data is commonly underestimated.

This miscalculation leads to prolonged development phases and frequently results in a platform that needs to meet all predefined goals.

The High Cost of Delays and Inefficiency

In the dynamic IoT sector, time is a critical factor.

Delays in bringing products to market can lead to lost opportunities and weakened customer trust.

The ongoing necessity to customize the platform for new device integrations further slows development, leaving the final product ineffectual and obsolete.

Financial Considerations in Custom IoT Development

The cost of developing and maintaining a custom IoT platform often goes beyond initial estimates.

The investment required for design, testing, and ongoing upkeep typically exceeds budget forecasts.

Regular updates and security improvements further inflate the cost, rendering custom development a less viable option for numerous businesses.

The Benefits of Choosing Favoriot for IoT Projects

Favoriot offers a pre-built, comprehensive IoT platform that sidesteps the need for expensive and time-consuming in-house development.

Top Five Advantages of Favoriot’s IoT Platform:

1. Speedy Deployment: Favoriot accelerates the IoT deployment process, significantly shortening the time from concept to market realization.
2. Effortless Scalability: Designed for growth, Favoriot’s platform easily adapts to the addition of new devices, ensuring your project scales seamlessly.
3. Cost-Effectiveness: Favoriot is an economical alternative to in-house platform development, offering predictable costs and financial efficiency. (Note: Perpetual License on-premise with unlimited APIs is available)
4. Assured Security and Reliability: Favoriot ensures a safe and stable IoT environment with advanced security and reliability features.
5. Consistent Support and Updates: Ongoing technical support and regular updates from Favoriot mean your platform remains cutting-edge.

Conclusion: Favoriot — Simplifying Your IoT Ambitions

In the intricate and competitive world of IoT, choosing the appropriate platform is vital.

Favoriot offers a solution that is inclusive and scalable and guarantees a swift and effective IoT project deployment.

Selecting Favoriot saves significant time and resources, positioning your IoT projects for success in a challenging market.

With Favoriot, you’re not merely picking a platform but embarking on a journey towards assured IoT achievement.

Contact Favoriot (info@favoriot.com) to schedule an appointment.

This article, “How Favoriot Can Help Companies and IoT Developers to Expedite Their IoT Projects From Months to Days,” was originally published in Medium.

One of the main challenges in deploying IoT (Internet of Things) solutions is the time required for development without proper tools.

Given the intricacies of managing IoT devices and applications, this complexity is compounded for System Integrators who manage multiple customer projects.

The Favoriot Developer Plan aims to address these challenges by facilitating more effortless and more manageable development and deployment of IoT projects.

Businesses today are increasingly looking for efficient ways to monitor and manage assets across various domains such as warehouses, logistics, buildings, factories, and agriculture.

The Favoriot Developer Plan offers IoT solution providers an opportunity to meet these needs. This plan mainly benefits developers creating customized IoT solutions for multiple clients.

Key Features of the Favoriot Developer Plan:

1. Simplifying IoT Development: The Developer Plan is ideal for creating straightforward, powerful IoT dashboards. It supports up to 100,000 data points daily, which is suitable for most applications that do not require extensive data processing.
2. Customizable Dashboards: The plan allows for the creation of diverse dashboard views tailored to each client’s specific monitoring requirements, whether it’s for warehouses, logistics, or agricultural health monitoring.
3. Cost-Effective and Profitable: With an annual subscription of RM 1.2K and the potential to service multiple clients, the plan offers significant ROI potential. This pricing model is especially attractive to small and medium-sized enterprises entering the IoT space.
4. On-Premise Model for Extensive Data Handling: For solutions requiring more comprehensive data management, Favoriot also offers an on-premise model supporting unlimited data points, which is ideal for complex IoT solutions.
5. Streamlined Development and Deployment: The Developer Plan simplifies the entire IoT solution development process, allowing a focus on innovation rather than technical complexities.

Consider a practical example of how the Favoriot Developer Plan can effectively be utilized in a real-world IoT solution scenario.

Scenario: Smart Warehouse Monitoring

Background: A logistics company wants to optimize its warehouse operations. They need a real-time system to monitor temperature, humidity, and inventory levels to ensure the quality of stored goods and efficient inventory management.

How the Favoriot Developer Plan is Utilized:

Custom Dashboard Creation:

• Using Favoriot’s customizable dashboards, you develop a user-friendly interface that displays real-time warehouse conditions and inventory-level data.
• Separate widgets or sections are created for temperature, humidity, and inventory data.

Data Point Integration:

• You integrate IoT sensors throughout the warehouse that measure temperature and humidity and connect them to the Favoriot platform.
• RFID tags attached to inventory items send data to the system, allowing for real-time tracking of stock levels.

Alert System:

• You set up alert notifications within the Favoriot system. For example, the system immediately alerts the warehouse manager if the temperature or humidity exceeds the set thresholds.
• Similarly, alerts for low inventory levels ensure timely replenishment.

Data Handling:

• The system handles up to 100,000 data points daily, covering the extensive data generated by the warehouse sensors.
• This ensures comprehensive monitoring without the need for extensive data processing resources.

Cost-Effectiveness:

• The low annual subscription cost of the Favoriot Developer Plan makes the solution affordable for the logistics company.
• The return on investment is realized through improved efficiency and reduced losses due to spoilage or inventory mismanagement.

Scalability:

• As the logistics company grows, the Favoriot system can be scaled to accommodate more data points or additional warehouses.
• The on-premise model can be adopted for more complex operations or when data handling needs exceed the standard plan.

Ease of Deployment:

• The straightforward setup and deployment process facilitated by the Favoriot Developer Plan allows for quick implementation and minimal disruption to warehouse operations.

In this scenario, the Favoriot Developer Plan enables the logistics company to achieve its goal of smart warehouse monitoring.

The plan’s customizable dashboards, efficient data handling, and cost-effective subscription model make it an ideal solution for the company’s IoT needs.

As a developer, you can replicate this model across multiple clients with varying requirements, demonstrating the Favoriot Developer Plan’s versatility and business potential.

The Favoriot Developer Plan is a potent tool for IoT solution providers, offering high-quality, customizable solutions for a diverse client base. Its affordability, customization potential, and scalability make it an excellent choice for businesses venturing into IoT. For those interested, it’s advisable to subscribe to the developer plan and explore the accompanying video for further insights.

For detailed technical information and the latest updates, refer to Favoriot’s official resources.

This article, “Maximize ROI in IoT: How Favoriot’s Developer Plan Offers Cost-Effective Solutions for Every Business!” was originally published on Medium.