- APAC Internet of Things (IoT) set to explode from 3.1bil to 8.6bil devices
- Market to grow from US$250bil to US$583bil, 2015 to 2020 (IDC)
- Release of IoT Roadmap in Malaysia expected to boost S$11B income and create 14,270 high-skilled employment opportunities by 2020
- Cyberjaya to be developed into model ‘Smart and Safe City’ through IoT
Asia’s leading Internet of Things (IoT) and Machine to Machine (M2M) industry leaders will be gathering in Kuala Lumpur (KL), in November, to discuss the opportunities and challenges of IoT/M2M in Malaysia and Southeast Asia.
Among the thought leaders are Dr. Khoh Soo Beng, IoT R&D Director of Collaborative Research in Engineering, Science & Technology (CREST), Helmi Halim, Sr Director & Head of Corporate Market Strategies of Malaysian Institute of Microelectronic Systems (MIMOS), and Norhizam Kadir, Infotech VP of Multimedia Development Corporation (MDeC). They constitute the esteemed 2015 Advisory Board of Asia IoT Business Platform, which ensures top-level backing from the industry and quality content in the conference.
According to IDC, IoT in Asia-Pacific (excluding Japan) is set to explode from 3.1 billion to 8.6 billion devices, growing a market of US$250 billion to US$583 billion between 2015 and 2020. Southeast Asia, with a population of over 620 million, a growing consumer class, rapidly improving communications infrastructure and capital dense cities will play a crucial role in driving this growth. In Malaysia, a national IoT roadmap was rolled out by MIMOS, the National R&D Centre in ICT of Malaysia and the leader in ICT innovations in the country, spearheading a large-scale improvement plan for Malaysia’s IoT ecosystem.
Zaf Coelho, Project Director of Asia IoT Business Platform said Malaysia has a lot of opportunities as the Government is making a strong push for IoT development.
“The strategic IoT roadmap is interesting as it’s the first time a government in South-East Asia is putting its thoughts and figures on paper on how it envisions the IoT will contribute to the economy,” he added, “This national roadmap serves as serves as a massive incentive for IoT companies — be it local, regional, or global — to invest in the country for its IoT progression.”
Asia IoT Business Platform in Kuala Lumpur (6th edition) will showcase the value and economic impact of IoT/M2M solutions, including improving private and public sector enterprise productivity, and harnessing ICT and networks to alleviate problems in dense capital cities. Focused on local telecommunication companies, businesses and enterprises, as well as end-users across relevant verticals, the 6th edition of Asia IoT Business Platform will see major Malaysian telecommunications operators present: Telkom Malaysia, Digi, Maxis.
“This is a platform for leaders in IoT to gather and foreground the opportunities in Malaysia and other emerging Southeast Asian countries. It brings together both end-users and solution providers at a single platform to forge mutually-beneficial partnerships. Ultimately, we are trying to help to catalyse the realisation of a smart city for these Southeast Asian nations,” added Zaf.