FAVORIOT
- Company typePrivate
- Founded2017
- HeadquartersPuchong, Malaysia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
FAVORIOT firmographics
Firmographics- Name
- FAVORIOT
- Legal name
- FAVORIOT SDN. BHD. (1219049-H)
- Website
- https://favoriot.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
FAVORIOT industry classification
Industry- Product category
- IoT Platform
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO)
- akta.pro secondary industry
- Field Area Network (FAN) & Backhaul for AMI (EUADAFAE)
Keywords
Where FAVORIOT is headquartered
LocationHeadquarters
- HQ city
- Puchong
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
FAVORIOT business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- IoT Platform Subscription: Tiered subscription plans for the Favoriot IoT platform including Lite (free), Beginner, Developer, Ecosystem plans for universities, and custom enterprise plans. Billed monthly or annually.
- Training and Certification: IoT and AIoT training programs including 3-day training courses, certifications co-branded with universities, and instructor-led or online/offline sessions.
- IoT Hardware Kits: Sale of IoT hardware kits such as Hibiscus Sense development board and bundle plans including hardware plus platform subscription.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Lite Plan - Free tier for students, beginners, and early IoT builders |
| Subscription | Multi-year contract | IoT Ecosystem Plan - 50 Beginner Plans for 3 Years for universities |
| Subscription | Monthly | Beginner and Developer Plans - Paid tiers with expanded features |
| Subscription | Annual | Enterprise / Custom Plans - Quote-based for large organisations |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
FAVORIOT product offering
Product offeringCore offering
FAVORIOT provides a cloud-based IoT middleware platform that enables organisations to connect devices via REST, MQTT, and CoAP protocols, ingest real-time sensor data, visualize it on dashboards, configure alerts and rule-based automations, and apply analytics and machine learning for predictive insights. The offering is sold through tiered subscriptions (Lite free tier through enterprise custom plans), complemented by IoT training/certification programs, IoT hardware kits (e.g., Hibiscus Sense), and an academic/partner ecosystem.
Product overview
FAVORIOT is an IoT platform company headquartered in Malaysia offering a cloud-based IoT middleware platform that enables organizations to collect, visualize, and act on real-time device data. The portfolio consists of the core Favoriot Platform (supporting REST, MQTT, and CoAP protocols) and the Favoriot Platform Manager as an administrative interface. Key add-on modules include the Favoriot Insight Framework (FIF) for machine learning-driven analytics and predictions, and FAYBEE, an AI-powered IoT Copilot assistant. The company also provides a full training and certification program through Favoriot Academy, an AIoT Lab for university deployments, and the Favoriot Partner Network (formerly Global Partner Program, rebranded January 2025) for channel partners. Enterprise-grade IoT solutions are available under 'IoT for Enterprise.' The platform supports a wide range of IoT verticals including smart cities, agriculture, energy, healthcare, logistics, and manufacturing.
Differentiator
Problem solved
Functional benefit
Brands
- Favoriot Platform: Core IoT platform for device connection, data collection, visualization, and real-time monitoring.
- Favoriot Platform Manager
- IoT for Enterprise
- FavorSense
- FAYBEE
- Favoriot Academy
- Favoriot Partner Network
- Favoriot Insight Framework
- FAVORWATCH
- Favorwatch
Products and services
- FAVORIOT Platform Cloud-based IoT middleware platform that enables organisations to connect devices, collect and visualize real-time sensor data, build dashboards, configure alert rules, and trigger automated actions. Supports REST, MQTT, and CoAP protocols and is targeted at developers, universities, enterprises, and smart city programs.
- FAVORIOT Platform Manager Administrative management interface for the Favoriot Platform, used to manage devices, users, and platform configurations at organizational scale.
- IoT for Enterprise Enterprise-grade IoT middleware offering for larger organizations, providing extended capabilities for scaled IoT deployments beyond the standard platform tier, including advanced security and deployment support.
- FAVORIOT Insight Framework (FIF) Analytics and intelligence layer on the Favoriot Platform that applies machine learning to IoT sensor data for pattern recognition, predictive modeling, and actionable insights, underpinned by a structured 5-layer AIoT architectural framework for deployments across smart cities, agriculture, energy, and manufacturing.
- FAYBEE (Favoriot AI Assistant) AI-powered conversational assistant (IoT Copilot) that supports developers throughout the IoT development lifecycle on the Favoriot Platform, designed to make IoT development more accessible and less isolating.
- FAVORIOT Training and Academy Paid IoT and AIoT training and certification service offering instructor-led and self-paced courses (including 3-day training programs), co-branded university certifications, and online/offline/on-site sessions for developers, students, and enterprise teams.
- Favoriot AIoT Lab Ready-to-deploy physical and virtual IoT/AIoT laboratory for universities and organizations that bundles the Favoriot platform with hardware kits such as the Hibiscus Sense ESP32 board for hands-on learning, prototyping, and scalable student project management.
- Favoriot AIoT Playbook Structured guide released in April 2026 covering implementation of AI of Things (AIoT) solutions on the Favoriot platform across use cases including smart cities, agriculture, energy, and manufacturing.
- Favoriot Lite Plan Free or low-cost subscription tier introduced in January 2026 that provides students, beginners, and early IoT builders with access to the Favoriot platform's basic features and limited device counts under a freemium model.
- FAVORIOT Partner Network Channel partner program (formerly Favoriot Global Partner Program, rebranded January 2025) that enables system integrators, resellers, university partners, and technology partners to build, resell, and deliver IoT solutions using the Favoriot platform, including an Ecosystem Plan for universities.
Quantifiable outcome
- Supports real-time environmental monitoring for dengue prediction research, with localized data collection improving predictive model accuracy
- +2 more outcomes
Companies that use FAVORIOT
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
FAVORIOT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability9 records
Feature7 records
FAVORIOT partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Mahalakshmi Tech Campus, IndiaminorFavoriot partnered with Mahalakshmi Tech Campus in India to drive IoT and AI innovation in India, expanding Favoriot's academic reach into the Indian market.
- V Gallant Sdn Bhd (subsidiary of VCI Global Limited)coreV Gallant signed MoUs with Favoriot to expand market access, talent development, and enterprise deployment pathways for its AI infrastructure and Intelli-X LLM platform. Favoriot participates as a strategic partner to integrate enterprise AI deployment capabilities. The partnership targets government, enterprise, and SME customers in Malaysia's growing AI ecosystem.
- UCSI CollegecoreUCSI College is an academic partner with V Gallant and Favoriot for AI workforce development and talent development programs. Favoriot provides the IoT platform and educational ecosystem for student training and certification.
- Khalifa IntelligenceminorKhalifa Intelligence signed MoUs with V Gallant and Favoriot to support AI adoption and enterprise deployment efforts across regulated industries and government sectors.
- UPM (Universiti Putra Malaysia)minorUPM collaborated with Favoriot on a halal sensor research project using Favoriot's IoT platform for data collection and visualization from dielectric spectroscopy sensors. Favoriot serves as the data platform for university IoT research projects.
- UTHM (Universiti Tun Hussein Onn Malaysia)minorUTHM collaborated with Favoriot on a smart bracelet project for elderly monitoring, using Favoriot's IoT platform to store GPS data and fall detection indicators. Favoriot supports university IoT research and student project deployments.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
FAVORIOT competitors and assessment
Company assessmentEmerging players
- ThingsBoard: ThingsBoard is an open-source IoT platform with device management, processing, and visualization — competing with Favoriot especially on price-sensitive and self-hosted deployments, including smart city and energy use cases.
Direct peers
- Ubidots: Ubidots is a cloud IoT platform focused on device-to-cloud data ingestion, dashboards, and alerting for industrial and educational use cases. It competes head-to-head with Favoriot in the SMB/developer and academic IoT middleware segment.
- Particle: Particle offers a hardware-plus-cloud IoT platform (cellular/Wi-Fi modules plus a managed cloud) for developers and enterprises. Like Favoriot, it targets makers, developers, and enterprise IoT builders with an end-to-end platform spanning devices, connectivity, and dashboards.
- Balena: Balena provides an IoT platform focused on fleet management of edge devices, with a developer community and education-oriented programs. It overlaps with Favoriot's hardware-kit-plus-cloud and developer/educator go-to-market.
- Losant: Losant provides an enterprise IoT platform with device management, data pipelines, and visualization. Its target SMB/mid-market enterprise positioning and PLG-style onboarding closely mirror Favoriot's IoT-for-Enterprise tier.
- Blynk: Blynk offers a no-code/low-code IoT platform with mobile dashboards, device management, and automations aimed at makers, educators, and small businesses — directly comparable to Favoriot's Lite and Developer tiers and academic positioning.
- ThingSpeak (MathWorks): ThingSpeak is an IoT analytics platform from MathWorks that ingests sensor data, visualizes it, and runs MATLAB-based analytics. It is a direct peer for Favoriot's data-aggregation, dashboarding, and ML-on-IoT use cases.
Broad incumbents
- Google Cloud IoT: Google Cloud's IoT offerings (Cloud IoT Core legacy plus Anthos/edge stacks) compete broadly with Favoriot in cloud-based device connectivity, data ingestion, and analytics, especially where enterprises are already GCP customers.
- Microsoft Azure IoT Hub: Azure IoT Hub and the broader Azure IoT suite compete with Favoriot for enterprise and government IoT workloads, offering integrated analytics, security, and identity at hyperscaler scale.
- AWS IoT Core: AWS IoT Core is the hyperscaler's managed IoT connectivity and device-management service. It competes with Favoriot on cloud ingestion and rule-engine capabilities, but at vastly greater scale and as part of a broader AWS stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
FAVORIOT social profiles
Digital presenceFAVORIOT financial estimates
Financial estimateRevenue estimate
Valuation estimate
FAVORIOT leadership team
Management profileNumber of profiles
Profiles1 record
FAVORIOT funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FAVORIOT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FAVORIOT
What does FAVORIOT do?
FAVORIOT provides a cloud-based IoT middleware platform that enables organisations to connect devices via REST, MQTT, and CoAP protocols, ingest real-time sensor data, visualize it on dashboards, configure alerts and rule-based automations, and apply analytics and machine learning for predictive insights. The offering is sold through tiered subscriptions (Lite free tier through enterprise custom plans), complemented by IoT training/certification programs, IoT hardware kits (e.g., Hibiscus Sense), and an academic/partner ecosystem.
Is FAVORIOT a public or private company?
FAVORIOT is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FAVORIOT founded?
FAVORIOT was founded in 2017. It employs 1 to 10 people.
Where is FAVORIOT based?
FAVORIOT is headquartered in Puchong, Malaysia, in the Asia region.
How does FAVORIOT make money?
Three revenue lines are on record. IoT Platform Subscription is the primary driver. The others are training and Certification and ioT Hardware Kits.
Who are FAVORIOT's main competitors?
ThingsBoard is listed as an emerging player. Direct peers are Ubidots, Particle, Balena, Losant, Blynk and ThingSpeak (MathWorks). Broad incumbents are Google Cloud IoT, Microsoft Azure IoT Hub and AWS IoT Core.
Does FAVORIOT have an API?
Yes. Favoriot provides a REST API (v2) for developers to send IoT device data to the platform and retrieve streams. Data can be transmitted using REST (HTTP POST/GET), MQTT, and CoAP protocols. The API accepts JSON payloads containing device developer ID and data streams, authenticated via an API key header. Developer documentation is at platform.favoriot.com/tutorial/v2/#introduction.
What industry is FAVORIOT in?
FAVORIOT's product category is IoT Platform. Its primary akta.pro industry code is HLACAFAO, Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways), with a secondary code of EUADAFAE, Field Area Network (FAN) & Backhaul for AMI. Its NAICS code is 54151 and its SIC code is 7371.