Posts by favoriot

Journey from Product-Based to Outcome-Based IoT Business Model

February 22nd, 2018 Posted by NEWS 0 thoughts on “Journey from Product-Based to Outcome-Based IoT Business Model”

Upcoming Talk at “One Day Seminar on ‘Smart Cities & Urban Science, Feb. 27, 2018, Wisma IEM, 01- Auditorium Tan Sri Prof. Chin Fung Kee, Third Floor, Petaling Jaya, Selangor

IoT promises a big market but it has yet to grow exponentially. It’s not about technical challenges, but mainly it’s about having the right IoT business model. It’s not going to be any more about selling silo products based on its features. It’s no longer about subscription-based or pay-per used based. We will see the full strength of IoT when we can develop an Outcome-Based Business Model whereby we pay the services based on the outcomes such as an increase in new revenue streams, costs savings, customer loyalty, new creative products developed etc.

Industry 4.0 Implementation and Adoption Workshop

February 21st, 2018 Posted by NEWS 0 thoughts on “Industry 4.0 Implementation and Adoption Workshop”

Next Upcoming Workshop scheduled for Public – 27-29 March 2018. The contact details as per the Poster showed below.

HOW-TO Become A Preferred FAVORIOT Partner

February 20th, 2018 Posted by IOT PLATFORM 0 thoughts on “HOW-TO Become A Preferred FAVORIOT Partner”

Are you a System Integrator wanting to find a suitable IoT platform? Are you an IoT hardware vendor ready to sell your products? Are you a software outsourcing company that wishes to work on an IoT project? If you want to become part of FAVORIOT IoT Preferred Ecosystem Partners, check out the following steps:

  1. Subscribe to any package (Beginner, Startup or Business or customize to your needs/number of devices) – https://www.favoriot.com/home/iotplatform/pricing
  2. Test your hardware integration or show your application development skills using our FAVORIOT IoT middleware
  3. Show screenshots of your dashboards, streams of data, sample codes, visualization dashboards or any photos as a proof of your work. Send to info@favoriot.com
  4. A better output of your work (or complexity of your project) will indicate the level of your readiness to undertake bigger and complex projects.
  5. Once approved, FAVORIOT will request for Quotation from Preferred Partners when FAVORIOT participating in IoT projects.

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