It is a real story of how painful the Smart Cities market can be.
Building a second product in the shadow of a complex first creation is a tale of ambition, optimism, and the stark realities of the innovation process. I want to share our real story of creating Favorsense at Favoriot, hoping that our struggles and lessons can light the path for other aspiring innovators in the Internet of Things (IoT), especially those venturing into the intricacies of Smart Cities.
The Inception: A City’s Call to Action
I remember walking through the streets of my city, sensing the pulse of urban life, and observing the stark challenges of urban infrastructure.
The problems demanded attention, from the minor inconveniences of littered sidewalks to the perils of damaged public utilities. It was here that the concept of Favorsense was born.
Raqib, our first IoT product, was already in development. Yet, the city’s heartbeat called for a solution that could resonate with its rhythm.
Thus, we developed Favorsense to transform how citizens engage with their urban environment.
Embarking on the Favorsense Journey
The journey was not without its trials. While Raqib, a complex health monitoring system, continued on its intricate development path, Favorsense unfolded with a different team and vision.
We believed that building a Smart City application would be simpler. However, there was a maze of unforeseen challenges.
Favorsense was envisioned as a mobile application empowering citizens to report urban issues. It was an elegant solution — simple yet powerful. Through the lens of their smartphones, residents could capture the essence of urban problems, pinning them to the attention of those who could enact change.
The Components of Change
The application’s strength was its simplicity. A photo, a geotag, and a timestamp were all needed to create a genuine and actionable report.
This triumvirate of data became the cornerstone of our solution, accompanied by the Crowdsensing Management Platform (CMP) and the Field-Force module for efficient issue resolution.
Despite its potential, Favorsense needed help to find its financial footing. Pitching to councils, engaging with Smart City conferences, and aligning with alliances like the Malaysia Smart City Alliance (MSCA), we faced the long and convoluted sales cycles endemic to dealings with governmental bodies.
Market Realities and Strategic Shifts
The numbers spoke of massive potential — over 150 councils in Malaysia alone and a global urban tapestry awaiting a solution like ours. Yet, the transition from concept to revenue-generating product was laden with obstacles.
Our go-to-market strategy had to evolve, pivoting from direct pitches to strategic partnerships.
Learning on the Path of Innovation
In the thick of our efforts, we gleaned valuable insights:
- Understanding the Audience: Knowing the needs and pains of our council partners was crucial. It informed our design and pitch, aligning Favorsense with the genuine needs of the market.
- The Power of Iteration: Our past endeavors were invaluable but not definitive. We learned to iterate, innovate, and improve Favorsense in response to market feedback.
- Flexibility is Key: Our initial market strategies were not silver bullets. We had to be agile, ready to pivot and adapt to the unique challenges faced in the Smart City sector.
Favorsense: A Smart City Symphony
Favorsense became more than a product—it became a mission. We aimed to harmonize the discourse between citizens and their cities and foster responsive, accountable, and smart urban environments.
In closing, the journey of creating Favorsense is a microcosm of innovation in the IoT space.
It is a testament to understanding one’s audience, the power of iteration, and the imperative of flexibility.
For those embarking on similar endeavors, let these be your guiding principles, just as they have been ours at Favoriot.