FAVORIOT is pursuing to expand its market

Dr. Mazlan is the co-founder and CEO of FAVORIOT Sdn Bhd. He is ranked Top 10 in IoT Top 100 Influencers by Postscapes 2017 & 2018, ranked Top 20 Global Thought Leaders on the Internet of Things (February 2019) by Thinkers360, ranked No. 20th Thought Leader in IOT by 2014 Onalytics Report – “The Internet of Things – Top 100 Thought Leaders, ranked among 50 Most Impactful Smart Cities Leaders by World CSR Congress.  Before Favoriot, he spent 2.5 years as CEO of REDtone IOT and 8 years in MIMOS Berhad as Senior Director Wireless Communications Cluster. He also spent 13 years in CELCOM. He is currently the Adjunct Professor for Universiti Malaysia (UniMY) and Universiti Teknologi Petronas (UTP).

 

Tell us about your views on IoT

Many have felt that IoT’s growth seems to be very slow due to a lot of confusion on how to start their IoT journey. However, for the last couple of years, many conferences and trainings have been conducted and now many have started to plan their journey by identifying the real business cases. With the emergence of new technologies in the era of Fourth Industrial Revolution (4IR) such as Artificial Intelligence, Virtual/Augmented Reality, Blockchain and Robotics – the interest in Internet of Things has significantly increased because it has become the fundamental building block for 4IR. Intelligence requires the right information and data – which comes from the relevant sensors and that’s where IoT plays it’s key role

What excites you about FAVORIOT

FAVORIOT is one of the earliest IoT Startup in Malaysia and have been evangelizing IoT technology and industry in the country. Being one of the pioneers in IoT, we have been invited by many of the local Universities to advise and refresh their new course content to stay relevant in the 4IR. FAVORIOT developed our own in-house IoT platform that has been used by developers to create their own IoT solutions and we have seen a 700% growth in the number of platform users for the last two years. Furthermore, the IoT product that we developed called RAQIB can offer a Peace of Mind service by monitoring the most important assets of an individual – health and safety. We are now offering RAQIB to monitor the Hajj pilgrims, Elderly people, travelers, patients, outdoor sportsman among others.

How do you see FAVORIOT differentiate from others

Although FAVORIOT might have not the most technologically advanced technology, but it has the right IoT platform that can help to spur the IoT ecosystem in Malaysia. FAVORIOT is seen as a preferred IoT partner and an enabler to many of the IoT initiatives whilst we also build our own end-to-end solution RAQIB using wearables to monitor Hajj Pilgrims and Senior Citizens among others. Furthermore, FAVORIOT also have a solution that can build Smarter Cities through the eyes of the citizens via a crowdsensing platform called Favorsense. It’s unique because it’s not only an effective citizen engagement application but it also collect the pain-points of the cities while resolving them transparently and efficiently using a proper channel.

What shall we expect from FAVORIOT ahead in 2019

FAVORIOT is pursuing to expand its market beyond the shores of Malaysia and actively seeking for investors and partners.

What will you advice to FAVORIOT customers/prospects

The journey into the world of IoT can be quite complex if we are unable to define the right business case and business model. Technology might not be the stumbling block. One of the most important aspect for the realization of IoT is to be a risk taker and able to adopt and adapt to digital transformation. Finally, in all IoT projects – “Think Big but Start Small”. The confidence that you will gain from the success of IoT smaller projects will help you to scale.

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