Mazlan Abbas, the founder of Favoriot, recounts his experiences in Malaysia’s burgeoning field of the Internet of Things (IoT).
Like an odyssey, his journey began with hopes for the widespread adoption of Favoriot’s IoT platform. However, the initial launch met with limited enthusiasm, partly due to the newness of Favoriot in a market dominated by established names like ThingSpeak and Azure.
A critical insight arose upon examining the Malaysian market: while there was an abundance of IoT product resellers, there was a notable absence of original product development. This gap was more than a challenge for Malaysia, a nation striving to transition from consumer to technology producer.
In response to this gap, Favoriot shifted its focus towards IoT education, developing a comprehensive training curriculum. This educational initiative culminated in the introduction of Professional Certificates, which enhanced participants’ skills and professional profiles. This move paid off, with over 15 Malaysian universities incorporating Favoriot’s platform into their courses, marking a significant stride in building local IoT expertise.
Mazlan Abbas’s involvement in educational and industry talks further expanded Favoriot’s reach and acceptance. Beyond education, the vision was to foster widespread IoT adoption across various sectors in Malaysia, including manufacturing, agriculture, and innovative city initiatives.
Reflecting on Favoriot’s path, several lessons stand out: adaptability in strategy, recognizing and filling market needs, the transformative role of education, the importance of long-term vision, and the power of collaboration with educational institutions. These elements have been pivotal in Favoriot’s mission to equip Malaysia with advanced IoT capabilities, driving the nation’s technological growth and innovation.”
This encapsulates the journey and impact of Favoriot in Malaysia’s IoT landscape.