Understanding Data Ownership and Big Data

Today, we’ll discuss two critical topics in the digital age: data ownership and the 4 V’s of Big Data.

This diagram simplifies these concepts, so let’s break them down for better understanding.

Based on eBook — IoT Notes by Mazlan Abbas

1. Data Ownership

Data ownership refers to who has the rights and responsibilities over data. There are four main categories:

1. Personal/Household

  • This includes data generated from your personal devices, like your smartphone, fitness tracker, or smart home systems.
  • Example: Steps tracked by your smartwatch, or usage data from your smart TV.
  • You, as the owner of the device, own this data and can decide how it is used or shared.

2. Private

  • This is data collected and owned by companies or enterprises.
  • Example: A company’s internal data about its operations, such as sales performance or employee attendance.
  • Organisations use this data to improve their services, products, or strategies.

3. Public

  • Public data is owned by the government and shared for the benefit of society.
  • Example: Data from weather sensors, air quality monitors, or river level gauges.
  • This data is often accessible to the public for research, awareness, or planning purposes.

4. Commercial Sensor Provider

  • These are entities that deploy, own, and sell data collected from their sensors.
  • Example: A telecommunications company selling location data collected from its network.
  • They monetise the data by providing it to third parties, such as businesses or governments.

2. The 4 V’s of Big Data

Big Data refers to the massive volumes of data generated by digital devices and systems. It is characterised by the 4 V’s:

Volume

  • This is the amount of data, which can be massive in scale.
  • Example: Social media platforms generate terabytes of data every day from user interactions.

Velocity

  • This refers to how fast or slow data is generated and processed.
  • Example: Real-time data from stock markets or traffic monitoring systems must be processed quickly to be useful.

Variety

  • Data comes in different formats, such as text, audio, video, or images.
  • Example: An IoT platform may process data from sensors (numeric values), surveillance cameras (video), and voice commands (audio).

Veracity

  • This addresses the uncertainty or trustworthiness of the data.
  • Example: Ensuring the accuracy of user-generated reviews on e-commerce platforms can be challenging.

Why is This Important?

Understanding data ownership and the nature of Big Data is essential for:

  • Privacy and Security: Knowing who owns and controls your data helps protect your rights.
  • Decision-Making: Leveraging the 4 V’s effectively enables organisations to make informed decisions.
  • Innovation: Big Data drives advancements in fields like healthcare, transportation, and smart cities.

Final Thoughts

Data is the fuel of the digital economy, but with it comes the responsibility to manage it ethically and effectively. Whether it’s your personal data or public data shared by governments, understanding ownership and the dynamics of Big Data is crucial.

Let’s discuss: How can individuals and organisations ensure ethical data usage while maximising its potential? Share your thoughts!

[Note: Download the full eBook IoT Notes by Mazlan Abbas]

Climbing the Wisdom Pyramid: Mastering the Stages of Data Transformation (DIKIW)

Today, we’re going to explore a framework called the DIKIW Model. It helps us understand how raw data transforms into valuable wisdom.

The diagram here breaks this journey into five stages: Data, Information, Knowledge, Insight, and Wisdom (DIKIW). Let’s dive into each stage step by step.

1. Data

Data is at the base of the model.

  • Data is like raw material — a series of random dots or unprocessed facts.
  • By itself, it has no meaning. It’s just numbers, words, or measurements.
  • Example: Imagine you have a list of temperatures recorded throughout the day. Without context, it doesn’t tell you much.

Data is “block oil” — it’s valuable, but only when refined.

2. Information

When meaning or relationships are applied to raw data, it becomes information.

  • At this stage, we start to see patterns or groupings.
  • Example: If you organise the temperature readings by time, you’ll see when it’s hottest and coolest during the day.
  • Information provides context and is often visualised using charts, tables, or colour coding.

This is like colouring the dots in the diagram to highlight differences or relationships.

3. Knowledge

Knowledge comes when we make sense of the information and see connections.

  • At this stage, we begin to understand why things happen.
  • Example: Analysing the temperature data might reveal that it’s hottest at noon and coolest at dawn.
  • Knowledge connects the dots and helps us understand patterns or causes.

This is where we start to see the bigger picture, as the diagram shows interconnected lines.

4. Insight

Insight is where things get seriously useful.

  • It’s synthesising knowledge and gaining a deeper understanding of a problem.
  • Example: From the temperature data, you might infer that noon is the best time for solar energy collection, while early morning is ideal for outdoor activities.
  • Insights are actionable. They guide decisions and strategies.

In the diagram, the highlighted paths represent key insights that stand out from the broader connections.

5. Wisdom

At the top of the model is wisdom, the most refined stage.

  • Wisdom is using insights to make informed decisions and act purposefully.
  • Example: Based on your insights, you decide to schedule outdoor activities early in the morning and optimise solar panels to maximise energy collection at noon.
  • Wisdom combines all the previous stages to guide strategic, long-term thinking.

In the diagram, wisdom is depicted as a clear path that guides decision-making.

Why is This Important?

  • In today’s world, data is everywhere, but it’s useless unless transformed into actionable wisdom.
  • The DIKW model helps us understand step-by-step how to extract value from data.

Final Thoughts

Data is the new oil, but it’s only valuable when refined into wisdom. Following the DIKW model, we can move from collecting raw data to making intelligent, informed decisions.

Let’s discuss: How can you apply this model in your work or personal life? Share an example of how you’ve turned data into actionable insights!

[Download eBook IoT Notes to complement these lecture notes]

The Story Behind Favoriot – Part 16: Why Favoriot Must Look Beyond Malaysia for Success

The Frustration of a Homegrown Startup

Reflecting on Favoriot’s journey, I can’t help but feel a deep sense of frustration. Not because we haven’t done the work but because our technology isn’t good enough. In fact, we’ve built a robust Internet of Things (IoT) platform designed to make real and lasting impacts in industries that need it most.

Yet, despite our dedication, our struggle isn’t about technology. It’s about something deeper, something more challenging to fix—acceptance.

I’ve lost count of how often I’ve sat in meetings with potential Malaysian clients, passionately pitching the benefits of Favoriot’s IoT platform. The pitch is solid, and our solution is tailor-made for local industries, but there is indifference, hesitation, and, more often than not, a preference for foreign products.

I’ve asked myself this question countless times: Why do local businesses hesitate to trust homegrown solutions, even when they are just as good—if not better—than foreign options?

The Reluctance to Trust Local Innovations

It didn’t take long to realize the harsh truth—many local businesses lack confidence in Malaysian-made technology. There is an ingrained belief that foreign products are superior. Whether it’s a smartphone, a software platform, or an IoT solution, many decision-makers seem convinced that if it’s made overseas, it must be more reliable, advanced, and worthy of investment.

It’s not an isolated incident. I’ve spoken to many fellow entrepreneurs, and they share similar frustrations. We have world-class solutions, yet the market is slow to recognize them.

And why? Because the absence of a big international brand name automatically places us in a secondary category.

I understand how this mindset developed. We grew up with foreign brands dominating the market, from cars to consumer electronics, and we were conditioned to trust those familiar names. But the world has changed. Malaysian companies like Favoriot are now fully capable of competing globally. Yet, this deep-seated preference for foreign solutions persists.

The Branding Struggle

Another challenge I’ve faced is branding.

Favoriot is still a young company compared to established international giants. Building brand recognition takes time, and in a world where first impressions matter, a well-known logo can often make or break a deal.

It’s not that our technology is lacking—far from it. In fact, our solutions are designed explicitly for Malaysia’s unique industrial challenges. But when our brand is lesser-known, it sometimes feels like our innovations don’t get the fair consideration they deserve.

I hate to admit it, but perhaps some of the fault lies with us. Have our marketing efforts been polished enough? Have we communicated our value as effectively as we should? Could our messaging be more powerful?

As a technical person, I’ve always been more comfortable with the innovation side of things than the marketing side. But I’ve realised that having a great product isn’t enough. The story behind it, the way we communicate its impact—those elements are just as crucial.

A Harsh Reality: The Global Perception Problem

Interestingly, I’ve noticed that this issue isn’t unique to Malaysia. When we’ve pitched Favoriot overseas, we often encounter the same scepticism—just in reverse.

Some countries take strong nationalistic pride in supporting local solutions. You’re automatically viewed as an outsider if you’re not one of their own, which is ironic. In Malaysia, businesses prefer international brands. In other countries, they choose their own homegrown solutions.

So where does that leave Favoriot? How do we break this cycle?

The Lack of Support for Local Tech Startups

Another challenge that cannot be ignored is the lack of strong support systems for local startups.

We hear a lot about innovation in Malaysia. Government agencies hold conferences, initiatives, and startup accelerator programs. But when it comes to actual adoption, corporations or government bodies still lean towards foreign tech providers when they choose a solution.

This is discouraging, to say the least. We don’t need just moral support—we need tangible action. More businesses need to take a chance on local innovations. More government agencies need to lead by example and implement local solutions. That’s how an ecosystem of innovation thrives.

Looking Beyond Malaysia: Breaking Barriers

Given these obstacles, I’ve realized that while Malaysia will always be home, Favoriot cannot afford to limit itself to local borders.

I’ve had more success pitching Favoriot overseas than I have within Malaysia. Many international clients are more open to exploring new solutions and less influenced by branding. If the technology meets their needs, they will give it a chance.

Going global isn’t just an option; it’s a necessity.

By expanding internationally, we position Favoriot as a global player. Ironically, this global recognition could make us more attractive to Malaysian clients. It’s unfortunate, but gaining international credibility is sometimes the only way to be taken seriously at home.

Overcoming Challenges at Home

Despite everything, I remain hopeful. There are several steps we need to take to overcome the challenges in Malaysia:

  1. Changing Mindsets – We need to keep pushing the narrative that Malaysian innovations are just as good as, if not better than, foreign solutions.
  2. Strengthening Our Brand – This means investing in marketing and ensuring our branding is powerful and persuasive.
  3. Improving Our Messaging – We must communicate our value proposition clearly and convincingly.
  4. Advocating for Local Adoption – The government and corporate sectors need to step up in supporting local startups.

These aren’t easy battles. But they are necessary ones.

A Final Thought

Favoriot’s journey has been far from easy. There have been moments of frustration when I wondered if it was worth the fight. But I refuse to let these challenges define us.

We are more than a local startup. We are a global company with the potential to change industries, make a real impact in IoT, and prove that Malaysian-made solutions can compete on the world stage.

Yes, the path forward is full of obstacles. But obstacles are meant to be overcome.

Favoriot will not just survive. We will thrive.

Favoriot Entrepreneurship Stories

  1. The Story Behind Favoriot – Part 16: Why Favoriot Must Look Beyond Malaysia for Success
  2. The Story Behind Favoriot – Part 15: From Lecture Halls to Investor Pitches
  3. The Story Behind Favoriot – Part 14: To Exit or Not to Exit?
  4. The Story Behind Favoriot – Part 13: Does Winning Awards Help a Startup Succeed?
  5. The Story Behind Favoriot – Part 12: The Dream of M&A Exit
  6. The Story Behind Favoriot – Part 11: The Rocky Road of Smart Cities
  7. The Story Behind Favoriot — Part 10: Age Does Not Matter in Business
  8. The Story Behind Favoriot — Part 9: Leaving the Comfort Zone
  9. The Story Behind Favoriot – Part 8: The Frustration of Unanswered Emails and Missed Opportunities
  10. The Story Behind Favoriot – Part 7: The Task of Finding Favoriot’s First 10 Customers
  11. The Story Behind Favoriot – Part 6: Expanding The Business Models
  12. The Story Behind Favoriot – Part 5: Finding the Right Fit
  13. The Story Behind Favoriot – Part 4: How Favoriot Became More Than Just an IoT Platform
  14. The Story Behind Favoriot – Part 3: Why No One Wanted Our IoT Platform—And How We Turned It Around
  15. The Story Behind Favoriot – Part 2: Turning Failures into Milestones
  16. The Story Behind Favoriot – Part I: The Humble Beginnings of Favoriot

The Story Behind Favoriot – Part 15: From Lecture Halls to Investor Pitches

I never imagined public speaking would become such a big part of my life. Yet, I stand before audiences—students, industry experts, corporate executives, and even investors—sharing ideas, teaching, and sometimes convincing people to believe in what I say.

Public speaking was never something I actively sought out. It was more of an expectation that grew into a skill and eventually became a passion. But it wasn’t always smooth sailing. There were moments of doubt, nervousness, and even outright fear.

Let me take you on this journey—from my early days as a nervous lecturer to confidently pitching my company’s vision to investors.

The Classroom as My First Stage

My journey into public speaking began in the most unexpected place—a classroom. As a lecturer, I stood before students daily, speaking for an hour or two.

What if they don’t understand what I’m saying? What if they get bored? These thoughts constantly ran through my mind.

At first, I took the traditional approach—delivering information and expecting students to absorb it like sponges. But I quickly realized that wasn’t how learning worked. Students needed engagement, real-world examples, and, most importantly, a connection with their lecturer.

I started tweaking my delivery and experimenting with storytelling, analogies, and humour. Some things worked; some didn’t, but each lecture became a lesson for me as much as it was for them.

I realized that a good speaker doesn’t just present facts; they make the audience feel the knowledge.

From Lecture Halls to Global Stages

After years of teaching, I received invitations to speak at conferences and seminars. This was an entirely different ball game. Instead of students, my audience now consisted of professionals—industry experts, business leaders, and even government officials.

Unlike in a classroom, where I had hours to explain a concept, I was given at most 15 to 40 minutes.

How do I compress years of knowledge into a short presentation, and how do I keep a diverse audience engaged?

I discovered that the opening of a speech is everything. You’ve lost them if you don’t capture attention in the first minute. I began experimenting with provocative questions, compelling anecdotes, or surprising facts. And it worked. The engagement level skyrocketed.

One of my favorite moments was being invited to speak about IoT at an international conference. Instead of diving straight into technical jargon, I started with a simple yet relatable question: “Have you ever lost your keys?”

That one question had the audience hooked. From there, I smoothly transitioned into how IoT can solve everyday problems. The feedback was overwhelming.

That’s when I learned an important lesson: It’s not about how much you know but how well you can make others understand.

The Marathon of Workshops

Then came the next challenge—workshops. Unlike seminars, which last under an hour, workshops stretched for a full day or even two days.

How do I keep people engaged for that long?

A one-way lecture wouldn’t work. No one wants to sit through hours of someone talking non-stop. I had to make workshops interactive. I incorporated discussions, real-life problem-solving, and case studies. I encouraged participants to share their thoughts and experiences.

And something magical happened—I started learning from my audience.

Workshops became two-way learning sessions. I realized that every room I entered was filled with people who had valuable insights. The key was to tap into that collective knowledge.

Selling a Vision: From Knowledge Sharing to Persuasion

As I transitioned into the corporate and technology world, my role in public speaking shifted. It was no longer just about teaching; it was about persuasion.

This is where Product Talks came in—presentations where I had to sell the vision and benefits of our products.

How do I convince people without sounding like a salesperson?

I quickly learned that the secret wasn’t selling but solving. People don’t want to hear about product features; they want to know how a product can solve their problems. So, I stopped listing specifications and started telling stories—stories of businesses that faced struggles and how our solutions helped them overcome challenges.

One time, during a client meeting, instead of presenting slides full of technical details, I told the story of a small business that lost thousands of dollars due to equipment failures and how our IoT solution helped prevent future losses.

The result? The client was more engaged and convinced than they would have been with any technical presentation.

That’s when I realized that people remember stories, not bullet points.

The Ultimate Test: Pitching to Investors

The biggest challenge of all? Investor pitches.

Unlike lectures or product talks, where I had at least 15 minutes, investor pitches often had a brutal time limit—sometimes as short as three to five minutes.

Imagine summarising an entire business, its potential, market opportunity, and financial projections in just a few minutes. It felt impossible.

How do I say everything that matters in such a short time?

I learned three crucial lessons:

  1. Clarity is everything. Investors don’t have time for fluff. Every sentence must add value.
  2. Confidence matters more than words. If you don’t believe in your own vision, why should they?
  3. The slides must be minimalist but powerful. Too much text? They’ll stop listening. Too few details? They won’t take you seriously. Every slide must serve a clear purpose.

I remember one particular pitch where I had only five minutes. Instead of panicking, I focused on three key points: the problem, the solution, and the impact.

That day, at least, we secured interest from investors. That’s when I understood that investors don’t just invest in businesses but in people who clearly communicate a vision.

The Lessons from a Life of Speaking

After years of standing in front of audiences, I’ve come to realize a few things:

  1. Public speaking isn’t about what you say but how you make people feel. If they feel connected, they will remember your message.
  2. Engagement is everything. Whether it’s a lecture, a workshop, or a pitch, if people aren’t engaged, they aren’t listening.
  3. Every speech is a chance to improve. Even after all these years, I still analyze every talk I give, asking myself, What could I have done better?

Now, every time I step onto a stage, whether in a lecture hall, a corporate boardroom, or an investor pitch, I remind myself of one thing:

Speaking is not about impressing people with knowledge; it’s about making them care about what you’re saying.

And if you can do that—you’ve already won.

What About You?

Are you afraid of public speaking? Have you ever struggled to communicate an idea effectively? Or maybe you’re already an experienced speaker looking to improve?

Whatever stage you’re at, just remember: public speaking is a skill that can be mastered. The more you do it, the better you’ll get.

And who knows? Maybe one day, you’ll be the one standing on a stage, inspiring others with your words.

FAVORIOT: 8 Years of Dreams, Struggles, and Triumphs

Eight years. It feels like a blink of an eye, yet when I reflect on the journey, every moment is etched in my memory like a battle scar.

It all started with an idea that many dismissed as too ambitious for a small startup in Malaysia. The Internet of Things (IoT) was gaining traction globally, but here? People barely understood its potential. I remember sitting with early team members, sketching out what would eventually become the blueprint of FAVORIOT.

“Will this work?” I asked myself.

“Will people even care?”

Doubt is a funny thing. It whispers in your ear, making you question every step. But the fire inside me was more substantial. I had spent decades in telecommunications and technology, seeing trends come and go. But IoT? It wasn’t just a trend—it was the future. And I wanted to be part of shaping that future.

The Birth of FAVORIOT (2017-2018): A Leap of Faith

In 2017, FAVORIOT was officially born. The name carried a mission—a combination of “Favour” (or “Favor”) and “IoT.” But it was pronounced like “Favourite”. Our vision was to help businesses and cities adopt IoT with ease. We weren’t just another tech company; we were a company built on the belief that technology should serve people, not the other way around.

I still kept the list of suggested names for the company and we insist to have the word “IoT” in it. It was funny to look back at the way we come out with the names

“Let’s build something that matters.” That was the mantra.

But building something from scratch? That was no walk in the park.

The early days were filled with sleepless nights, countless meetings, and an uphill battle convincing clients that IoT was more than just a buzzword. We had to prove ourselves. The first version of the FAVORIOT platform was launched, allowing businesses to connect and manage IoT devices seamlessly. The first product that used the FAVORIOT platform is “Raqib,” a senior care IoT solution.

The Struggle for Recognition (2019-2021): A Fight Against the Odds

If I said everything went smoothly, I’d be lying.

We faced rejections. So many rejections.

“We’re not ready for IoT.”

“We’ll consider it in the future.”

“Maybe if you were a bigger company, we’d trust your solution.”

Every “no” felt like a dagger. I had seen this before—how innovation is often met with resistance. But I also knew that persistence was key.

2019 was a turning point. We secured our first major clients, IoT developers started using FAVORIOT to build their IoT projects, and universities integrated our platform into their curricula. The momentum was building.

Then, 2020 happened. The world shut down.

The pandemic tested every business, including ours, for resilience. Projects were delayed, budgets were cut, and people were uncertain.

“Is this the end?” I wondered.

But if there’s one thing I’ve learned, crises often lead to opportunities. The demand for remote monitoring solutions skyrocketed. Suddenly, IoT wasn’t a luxury—it was a necessity. Businesses needed to track assets, monitor environments, and ensure safety without physical presence.

FAVORIOT became more relevant than ever.

Scaling Up (2022-2023): The Rise of the Global Partner Program

By 2022, we knew we had something special. Our IoT platform had matured. Companies across different industries—smart cities, agriculture, healthcare—were integrating our technology.

But one question remained: How do we scale?

The answer? Partnerships.

We launched the FAVORIOT Global Partner Program in 2024. Instead of knocking on doors one by one, we empowered system integrators worldwide to bring FAVORIOT into their markets. We started building an international presence from Canada to the Philippines, Indonesia to India.

Each new partner wasn’t just a business deal but a validation that what we built mattered beyond Malaysia.

2024-2025: A Vision for the Future

And now, here we are. Eight years in.

I look back and realize how far we’ve come—from a tiny startup with big dreams to an IoT platform trusted worldwide. But this is just the beginning.

The future of IoT is evolving, and so are we. AI-driven automation, advanced analytics, and even more seamless integrations are on the horizon.

FAVORIOT’s vision remains To make IoT accessible, scalable, and impactful.

Lessons from 8 Years of Favoriot

Eight years in business teaches you a lot. Some lessons were painful. Some were enlightening. But all were necessary.

1. Innovation Alone Isn’t Enough—You Need Grit

Having a great product means nothing if you give up too soon. The world doesn’t hand you success on a silver platter. You fight for it.

2. Relationships Matter More Than Sales

A business isn’t just about transactions. It’s about trust. Every client, partner, and investor who believed in us contributed to our success.

3. Adapt or Die

The pandemic taught us this the hard way. If we had been rigid in our approach, FAVORIOT wouldn’t have survived. Being flexible and embracing change is non-negotiable.

4. The Right Team Makes the Difference

A startup isn’t just about the founder. It’s about the people who share the vision and push through the most challenging days. I’m grateful for every team member who’s been part of this journey.

A Heartfelt Thank You

FAVORIOT’s journey isn’t just my story—it’s ours.

To the team, thank you for believing in this vision.

To our clients, thank you for trusting us.

To our partners, thank you for helping us expand.

To those who doubted us, thank you for pushing us to be better.

This anniversary isn’t just about celebrating the past—it’s about gearing up for the future. FAVORIOT is here to stay, and the best is yet to come.

Here’s to the next 8 years. And beyond.

A Recognition That Reflects the Journey: Named Among Thinkers360’s Top 100 B2B Thought Leaders in 2025

I stared at my screen, re-reading the email. Was this real? Thinkers360 had just named me one of the Top 100 B2B Thought Leaders, Analysts & Influencers to Work With in 2025 (APAC).

I leaned back in my chair, letting the weight of those words sink in. A flood of memories rushed through my mind—moments of self-doubt, nights spent refining ideas, countless speaking engagements, and articles written with the hope that someone, somewhere, would find them valuable.

This wasn’t just about me. It was about the power of consistency, the impact of sharing knowledge, and the importance of staying true to a vision.

The Journey to This Moment

When I co-founded FAVORIOT, I had one missionto make IoT accessible, understandable, and impactful for businesses and societies. I wasn’t just building a company but creating an ecosystem, a movement, and a voice for IoT adoption.

It wasn’t always easy.

  • Sometimes, IoT felt like an uphill battle, trying to convince organizations of its potential.
  • There were moments when my writings, podcasts, and speeches seemed to go unnoticed.
  • There were days when I wondered if my efforts were making any real impact.

Yet, I kept going.

I wrote articles when I felt uninspired.
I delivered speeches when I was exhausted from travelling.
I mentored startups when I barely had time for myself.

Because I believed in the power of sharing knowledge.

Beyond Social Media Influence: Thought Leadership with Purpose

What makes this recognition by Thinkers360 truly meaningful is its holistic approach to thought leadership. Unlike many influencer lists focusing purely on social media metrics, Thinkers360 looks deeper—at the ideas shared, the conversations sparked, and the tangible impact created.

Thought leadership isn’t just about posting viral tweets or LinkedIn updates. It’s about:

  • Writing articles that challenge conventional thinking.
  • Delivering keynotes that shift perspectives.
  • Mentoring the next generation of innovators.
  • Contributing to industry policies that shape the future.

And that’s what I’ve strived to do, not just as an IoT advocate but as someone who believes in building smarter cities, empowering businesses, and fostering innovation.

Why This Matters for the IoT & Smart City Ecosystem

This recognition isn’t just a personal milestone—it’s a signal that IoT and digital transformation are no longer just buzzwords.

They are critical forces shaping the future of industries, economies, and societies.

From smart agriculture to intelligent traffic management, from AI-driven automation to predictive analytics—IoT is no longer a “nice-to-have” but a necessity.

This award reminds me that our work—whether through FAVORIOT, industry collaborations, or global partnerships—is making a difference.

It also reaffirms my belief that sharing knowledge is the most powerful way to accelerate innovation.

What’s Next? The Mission Continues

Recognition is a moment.
Impact is a lifetime journey.

This award doesn’t end my thought leadership journey—it fuels the next chapter.

I’m more committed than ever to:

  • Bringing IoT education to more businesses and policymakers
  • Expanding the FAVORIOT ecosystem through strategic global partnerships
  • Mentoring and inspiring young professionals to enter the tech industry
  • Driving real, measurable impact in smart city development

Thank you to everyone who has followed my journey, read my articles, attended my talks, or engaged with my content. Your support, feedback, and discussions have been invaluable.

This recognition belongs to everyone working tirelessly in the IoT and digital transformation.

Let’s continue building the future—one idea, one conversation, and one innovation at a time.

Final Thoughts

As I close my laptop, I take a deep breath. This recognition was unexpected, but perhaps it was always on the horizon. When you consistently show up, share your knowledge, and contribute with genuine passion, the world eventually takes notice.

For more on my journey, visit mazlanabbas.com and favoriot.com.

The Story of Favoriot and the Chinese Bamboo Tree: A Lesson in Patience and Growth

“Why is this taking so long?”

That thought echoed in my mind many times during the early days of Favoriot. When we first launched our IoT platform, the excitement was immense. We envisioned businesses lining up to integrate IoT solutions into their operations. We saw a future where smart cities would flourish with our technology.

But reality?

Reality hit us like a storm.

For years, it felt like we were speaking to an audience that wasn’t ready to listen. Meetings after meetings, presentations after presentations, yet the market response was lukewarm. Are we doing something wrong? Is the world just not ready for IoT? Should we pivot?

Then, I stumbled upon the story of the Chinese bamboo tree.

And everything made sense.

The Chinese Bamboo Tree and Favoriot’s Journey

The Chinese bamboo tree is an extraordinary plant. When the seed is planted, nothing happens for the first year. Nothing.

The second year? Still nothing.

Third year? No growth.

By the fourth year, frustration sets in. Is the seed even alive? But the farmer keeps watering and nurturing it.

Then, in the fifth year, something incredible happens.

Within just six weeks, the bamboo tree grows nearly 90 feet!

From seemingly invisible growth to towering above the rest. But did it really grow in just six weeks? No. It was growing beneath the surface, building a strong root system that would support its rapid ascent.

Favoriot’s journey was precisely like that bamboo seed.

The First Few Years: Watering the Seed

When we started Favoriot, we knew IoT was the future. However, the industry in Malaysia and many other regions was still catching up.

Our first challenge? Convincing businesses why they needed IoT.

The problem wasn’t our technology. The problem was market readiness. Companies had legacy systems, decision-makers were sceptical, and budgets were tight. We were trying to sell a future that many couldn’t yet envision.

We knocked on doors, spoke at conferences, and educated the market, but it often felt like we were talking to an empty room. Was all this effort going to waste?

But just like the bamboo tree, we kept nurturing our roots.

  • We kept building the Favoriot platform, refining it, and making it more user-friendly.
  • We engaged with universities because we knew students would become the future IoT leaders.
  • We formed partnerships, even if immediate returns were unclear.

For the longest time, we saw no “visible” growth. But under the surface, Favoriot was taking root.

The Year of Growth: The Bamboo Shoots Appear

Then, suddenly, things started shifting.

Companies that ignored IoT years ago began calling us. Universities started incorporating Favoriot into their courses. The ecosystem matured, and governments began pushing for digital transformation.

After all those years of patience and groundwork, we finally saw the results.

When people saw Favoriot’s success, many thought it happened “overnight.”

They saw the bamboo tree but not the years spent watering an empty patch of soil.

Lessons from the Bamboo Tree for Entrepreneurs

Looking back, the parallels between the Chinese bamboo tree and Favoriot’s journey are undeniable. And if you’re an entrepreneur, a startup founder, or someone chasing a vision, here’s what this story teaches us:

1. Growth Happens Beneath the Surface

Just because you don’t see immediate results doesn’t mean progress isn’t happening. The most crucial work—building systems, forming relationships, learning—happens before success becomes visible.

Favoriot didn’t become an IoT leader overnight. It took years of unseen work.

2. Patience and Consistency Are Everything

Imagine if the farmer gave up watering the bamboo tree in year four. The seed would never grow.

How many startups give up just before their breakthrough?

We were tempted to quit many times. The market was slow to respond, funding was challenging, and doubts crept in. But patience and consistency kept us going.

3. Build the Right Foundation

A bamboo tree grows 90 feet fast, but only because it developed strong roots first.

Startups must do the same. Too many rush into scaling before they are ready. Favoriot spent years refining our platform, understanding the market, and nurturing relationships before our exponential growth phase.

4. Trust the Process

Success isn’t always logical or linear. It doesn’t happen step by step in predictable ways. Sometimes, you work for years with little to show—until suddenly, everything aligns.

If you believe in your vision, keep going.

Favoriot’s Future: Reaching New Heights

Now that Favoriot’s bamboo tree has sprouted, does that mean the work is over?

Not at all.

If anything, this is just the beginning.

A 90-foot-tall bamboo tree also faces strong winds and storms. Our challenge now is to sustain our growth, expand internationally, and continue innovating.

But one thing is sure—our roots are strong.

We’ve weathered the most challenging years. We’ve proven our resilience. And just like the bamboo tree, Favoriot will keep rising, stronger than ever.

Final Thoughts: Water Your Own Bamboo Tree

Whatever you’re building—whether it’s a business, a career, or a dream—remember the Chinese bamboo tree.

Growth takes time. Patience is a must.

Water your vision every day. Even when you see no results. Even when doubts creep in.

Because one day, when the time is right, your bamboo tree will rise. And the world will wonder how you grew so fast.

They won’t see the years of struggle.

But you will know.

And you will know it was worth it.

The Story Behind Favoriot – Part 14: To Exit or Not to Exit?

As a startup founder, one of the most thought-provoking questions that lingers is: Should we exit through an acquisition? It’s not just a financial decision—it’s about the vision, legacy, and future of the company you’ve built from the ground up.

The journey of building Favoriot, an IoT platform designed to help businesses and communities seamlessly integrate IoT solutions, has been filled with excitement and challenges. Every stage of growth brought new considerations, and at several junctures, the prospect of an acquisition seemed like a viable path.

But is it the right path?

For any startup, the decision to sell or continue growing independently is rarely straightforward. Expansion often requires bringing in investors or forming strategic partnerships, and sometimes, an acquisition can be the best way to scale and bring value to stakeholders. However, not all acquisition opportunities are created equal. The challenge lies in finding the right acquirer that aligns with your startup’s vision, culture, and market focus.

Understanding Potential Acquirers: Who’s the Right Fit?

The first step in positioning your startup for acquisition is identifying who might be interested in acquiring your company. This process isn’t just about finding businesses with deep pockets—it’s about understanding their strategic goals and whether your startup can complement them.

A successful acquisition should enhance the startup’s vision, not derail it. Ensuring that the acquiring company’s strategy complements your own is crucial to making the right decision.

Aligning Your Product with Strategic Needs

To make your startup an attractive acquisition target, you must align your product or service with potential acquirers’ needs. This doesn’t mean changing your core offerings but instead developing them to add value to the acquiring company’s portfolio.

At Favoriot, we deliberately focused on building modular IoT solutions that could integrate seamlessly with other platforms. This made our platform more versatile and, in turn, more appealing to companies looking for quick and efficient integration solutions.

What if our platform could fill a critical gap in their product line? This question shaped many of our strategic decisions.

Rather than focusing solely on innovation, we emphasized compatibility and complementarity. The easier it is for an acquiring company to integrate your product into its existing ecosystem, the more attractive your startup becomes.

Serving the Same Customer Base: The Market Synergy Factor

Another crucial factor is whether your startup shares the same customer base as a potential acquirer. If both companies target similar industries or market segments, the acquisition can result in an immediate expansion of market share, making the deal more compelling.

For Favoriot, this meant expanding our reach into industries that were already on the radar of potential acquirers. We analyzed which sectors adopted IoT aggressively and tailored our marketing efforts to attract customers within those industries.

Could our customers benefit from the additional services of a larger company? This was a key question we repeatedly asked.

By aligning our target market with that of potential acquirers, we strengthened our strategic fit and increased our value proposition.

Technological Compatibility: Making Integration Seamless

In today’s digital landscape, technological compatibility is a major consideration for acquisitions. Companies prefer to acquire startups whose technology can be easily integrated into their existing infrastructure, reducing costs and complexity post-acquisition.

At Favoriot, we prioritized open standards and flexible APIs, ensuring our platform could integrate smoothly with other enterprise systems.

What if we could make the transition process as smooth as possible? This thought influenced many of our technical choices, from software architecture to protocol selection.

We positioned ourselves as an attractive acquisition target by reducing friction in the integration process.

Cultural Fit: The Often-Overlooked Factor

One of the most underestimated aspects of acquisitions is cultural alignment. I’ve witnessed acquisitions fail—not because the financials didn’t make sense, but because the companies involved had completely different values and work cultures.

At Favoriot, we cultivated a culture of innovation and collaboration. We knew that any acquiring company must share these values to ensure a successful transition.

Can we thrive in a different corporate culture? I asked myself during one particularly intense negotiation.

The answer was no, so we walked away from the deal.

An acquisition should not strip a company of its identity. Instead, it should build upon its strengths while aligning with the acquiring company’s broader vision.

Addressing Market Gaps: Positioning Yourself as an Irreplaceable Asset

One of the best ways to make your startup attractive for acquisition is to solve a problem that a potential acquirer cannot currently address. Whether it’s a unique technology, a specific market niche, or an innovative business model, filling a critical gap increases your strategic value.

For Favoriot, the industrial IoT sector was our niche. While many large corporations focused on smart homes and wearables, we concentrated on industrial automation and smart city solutions—areas where we saw a significant gap.

What if we could offer something that no one else could? This question drove our product development and market expansion strategy.

By creating unique value, we became a desirable acquisition target for companies seeking to expand into industrial IoT.

Providing Strategic Advantages: Why You Should Be the “Must-Have” Startup

Beyond product-market fit and technological compatibility, an acquirer must see your startup as providing a competitive advantage. This can come in many forms—substantial intellectual property, a dominant market presence, key partnerships, or a well-established brand.

At Favoriot, we focused heavily on forging strong partnerships within the IoT ecosystem. These collaborations not only helped us grow but also increased our attractiveness to larger companies looking to strengthen their foothold in the IoT space.

How can we position ourselves as an essential part of their ecosystem? This was a driving question behind our strategic partnerships and branding efforts.

The True Value of an Acquisition: Beyond the Financials

At the end of the day, a great acquisition isn’t just about merging businesses—it’s about unlocking new possibilities. The best acquisitions create synergy, allowing both companies to scale, innovate, and make a greater impact.

Can we create something bigger than ourselves? This is the ultimate question I ask myself when evaluating acquisition opportunities.

For Favoriot, the journey continues. We’ve had acquisition offers, but none have been the perfect fit—yet. However, when the time is right, and we find a partner who shares our vision, values, and market strategy, the acquisition will be a strategic move, not just a financial transaction.

Until then, we continue to build, innovate, and strengthen our position in the IoT ecosystem.

An acquisition isn’t about losing your identity—it’s about amplifying your strengths and reaching new heights.

And that, to me, is the ultimate goal of any acquisition journey.

Persistence: The Key to Turning Vision into Reality

I have always believed that success is just around the corner.

It’s that one step forward, that extra push, that final moment when everything you’ve been working on clicks into place.

But what keeps me going? Why am I still here after eight long years, grinding every day to pursue my vision while others give up after a year or two?

These questions had haunted me during the darkest nights, especially when the road seemed endless, and the weight of my dreams felt too heavy to bear.

Let me share why I’ve been persistent, how I’ve managed to hold on when it felt impossible, and why you should.

The Illusion of Overnight Success

I’ve met many entrepreneurs who started their journeys with hope and energy. For the first six months, they were unstoppable. New ideas flowed like water, and optimism painted every conversation.

But then reality hit—a product that didn’t sell, a funding round that fell apart, or a partnership that didn’t materialize.

Slowly, that fire dimmed. After a year or two, they packed up their dreams and moved on.

It’s heartbreaking.

I often wonder how many gave up when they were just inches from success. Success rarely happens overnight, but many expect it to come quickly.

If you’ve ever heard the analogy of the Chinese bamboo tree, you’ll know that it has shown no visible growth above the ground for five years. But in the fifth year, it suddenly grows 80 feet in six weeks. Did it grow in six weeks? No, it grew in five years.

The same goes for entrepreneurship—most growth is invisible until that breakthrough.

Climbing the Mountain: Almost at the Top

Building a startup feels like climbing a steep mountain. At the bottom, you’re full of energy. The climb feels manageable initially, and every step forward brings you closer to the peak.

But the higher you go, the thinner the air becomes. Your muscles scream in pain, your lungs beg for oxygen, and your mind whispers, Why are you doing this to yourself?

There were moments I thought about giving up. My legs were wobbly, and I questioned my decisions. Is this worth it? Should I stop here? But every time I looked up and saw how close I was to the summit, I found a little more strength. I reminded myself that turning back would mean losing all my progress.

This is where many give up—right before the breakthrough.

Success is often waiting at the next step, just beyond the horizon.

I’ve learned that pushing through the most challenging part is what separates the dreamers from the achievers.

The One-Inch-to-Gold Moment

Another powerful analogy is digging for gold. Imagine you’ve been digging for months, tirelessly breaking rocks and sifting through dirt, convinced there’s gold beneath the surface.

After a while, frustration kicks in. You start doubting yourself. Maybe there’s nothing here. Perhaps I’m wasting my time.

Many give up and walk away, not knowing they are just one inch away from striking gold. I’ve always feared being the person who quits one inch too soon. That fear pushes me to dig, even when exhaustion and doubt take over.

The Power of Belief: Why I Never Gave Up

What drives me to persist? Honestly, it’s this unshakable belief that my vision is worth pursuing. I’ve always felt that success is achievable if I work hard and remain consistent.

I see my journey as a marathon, and every mile brings me closer to the finish line. There’s a strange beauty in endurance—the longer you persist, the more resilient you become.

Of course, there were moments when I almost gave up. My bank account was dangerously low, potential investors said “no” repeatedly, and I felt utterly alone in my struggles. Why am I doing this? I asked myself. Is it even worth it?

But deep down, I knew that the only way to fail was to give up.

Holding on for Dear Life: Waiting for the Breakthrough

I often describe the entrepreneurial journey as holding on to a branch while dangling off a cliff, waiting for someone to save you.

Sometimes I felt like I was barely hanging on, hoping for that big break—a major client, a game-changing investment, or an opportunity that would change everything.

But here’s the thing: that breakthrough never comes if you let go too soon. Sometimes, you have to hold on longer than you thought possible.

That moment when you’re at your weakest might be when someone finally extends your hand and pulls you back up.

Why Persistence Matters: Real-Life Examples

  • Thomas Edison failed thousands of times before inventing the light bulb. He famously said, “I have not failed. I’ve just found 10,000 ways that won’t work.”
  • J.K. Rowling was rejected by 12 publishers before Harry Potter became a global phenomenon.
  • Colonel Sanders had his fried chicken recipe rejected over 1,000 times before, at the age of 65, building the KFC empire.

These stories are not exceptions—they prove that persistence is the secret ingredient to success.

The Breakthrough is Closer Than You Think

In my eighth year of pursuing my vision, I can confidently say that persistence pays off. There’s a moment when everything clicks into place—the partnerships start aligning, the customers show up, and the momentum builds.

You look back and realize that every painful step, every rejection, and every sleepless night was worth it.

Success doesn’t come to the smartest or the most talented; it comes to those who refuse to give up. It’s about pushing through when things get tough and trusting that your hard work will eventually pay off.

Keep Climbing, Keep Digging

If you’re on the brink of giving up, remember this: you might be one inch away from gold. You might be one step from the summit. You might be at the final mile of your marathon.

Yes, it’s hard. Yes, it’s exhausting. But success is closer than you think.

I’ve held on for eight years, and I can tell you from experience that persistence is the key. It’s what turns dreams into reality. So, keep going. Keep digging. Keep climbing. You never know—you might just be one inch away from your breakthrough.

Success is waiting. Don’t stop now.

The Story Behind Favoriot – Part 13: Does Winning Awards Help a Startup Succeed?

A Founder’s Perspective on What Truly Matters

It’s an incredible feeling when your hard work is recognized. I still remember when Favoriot was named Malaysia’s Best IoT Startup in 2019. The news brought a surge of pride and validation. Finally, we’re getting the recognition we deserve, I thought. This felt like a pivotal moment for a startup struggling to make its mark in a competitive landscape. I imagined the doors it would open — new customers, investor interest, and big projects.

But reality had a different plan.

Let me explain what happened next. Spoiler alert: It was not the fairy-tale ending I had envisioned.

The Early Days: Riding the Wave of Recognition

When Favoriot received its first big award, it felt like a turning point. Invitations started pouring in — podcasts, TV shows, radio interviews. Suddenly, we were everywhere.

This is the exposure we’ve been waiting for!

Being featured in the media was a game-changer. Every interview felt like an opportunity to tell the world our story, to let them know how Favoriot was building solutions to empower smart cities and businesses with IoT. My calendar filled up with media appearances and speaking engagements.

At that moment, it felt like the award had delivered its promise. We’re on the map now.

The Sobering Reality: Do Awards Bring Customers?

But once the initial excitement faded, the hard questions began creeping in.

“Did the award translate into more customers?”

The short answer: No.

Despite the massive exposure, we didn’t see a surge of clients knocking on our doors. I kept thinking, Surely people have heard of us by now? But recognition doesn’t automatically lead to sales.

Building trust takes more than a shiny trophy or a few headlines. Customers want proof — tangible results, real value, and solutions that solve their pain points. An award doesn’t give them that assurance.

Winning an award is like an introduction at a networking event — worthwhile, but it won’t close the deal for you.

Investors: The Harsh Reality Check

What about investors? Surely, they’d take notice. Wouldn’t an award boost their confidence in Favoriot’s potential?

Again, the answer was disappointing: No.

I found myself asking, How can they not see the potential in us? But investors are pragmatic. They’re not impressed by accolades alone. They want a solid business model, proof of scalability, and a clear path to profitability.

No matter how prestigious, an award isn’t enough to unlock an investor’s wallet. They want to see traction — growing customer numbers, revenue, and a sustainable strategy.

Big Contracts: Still Out of Reach

And then there were the big projects we had been dreaming about. Would winning an award finally help us land those elusive large-scale contracts?

The answer was another sobering “No.”

Despite our growing reputation, big opportunities remained just out of reach. I wondered, What’s the point of all this recognition if it doesn’t open real doors?

The reality hit hard: Awards are nice but not magic keys to success.

The Award Industry: Merit or Marketing?

Another thing I learned along the way is that not all awards are created equal.

I’ve seen awards handed out based on who could afford to buy an expensive table at a gala dinner or secure a full-page editorial. Where’s the value in that?

At Favoriot, we’ve always believed recognition should be earned, not bought. If we’re going to win something, it must reflect our genuine achievements. We never wanted to be part of an ecosystem where awards are another marketing tool.

Shifting Our Focus: What Really Matters

It took a while, but we eventually realized that awards weren’t the goal. They’re a nice bonus, but they shouldn’t define our journey. What matters most is our customers.

“What’s more important,” I remind myself often, “is attracting customers who believe in our product and are willing to pay for it.”

Ultimately, a startup’s true measure of success isn’t a trophy on the shelf — it’s the customers who return, the partners who trust us, and the impact we make.

Aiming for Global Impact

With that in mind, we’ve shifted our focus to a bigger stage: the global market.

“Let the world see what we can do,” I told my team. Our mission is no longer to chase awards but to deliver real results that speak for themselves.

We want to be known for our value to the IoT space, not for the number of awards we’ve won. If recognition comes, it’s a bonus. But it’s no longer our primary pursuit.

The Journey Ahead: Challenges and Lessons

Of course, the road ahead is still filled with challenges. Running a startup is a marathon, not a sprint. There are setbacks, doubts, and tough decisions. But there’s hope, resilience, and a deep belief in what we’re building.

I’ve learned to embrace these moments — even the tough ones. They’re part of the process.

“May our journey be made easier with the prayers and support of our friends,” I often reflect. I can only say thank you to those who have stood by us, cheered us on, and believed in us.

Your belief in us means more than any award ever could.

The True Measure of Success

So, does winning awards help a startup succeed?

Here’s the truth: Awards are just that — awards.

They’re a pat on the back, recognising your hard work. But they don’t guarantee success.

Success is built on consistent effort, customer trust, and genuine impact. It’s about solving real problems, creating value, and building a business that will endure.

That’s the legacy we want to leave behind at Favoriot.

Not a shelf full of trophies but a better world because of the solutions we’ve built.

One step at a time. One customer at a time. That’s what success looks like to me.