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IoT Malaysia: Smart Digital Nation by 2020

After a promising conference in KL last year, Asia IoT Business Platform made its return to Kuala Lumpur for the 6th edition after having explored the market​s​ in Philippines, Thailand , and Jakarta)in 2015​.​

The ​​6th edition Asia IoT Business Platform was held in Pullman KLCC, Malaysia on 3-4 November 2015, with the support of MIMOS (​Malaysia's national R&D centre in ICT)​.​ The two-day event saw264 industry stakeholders and 76 companies from government, telcos, multinational solution providers to end users gathering to ​exchange knowledge, share and learn from​ ​a comprehensive conference, with sessions covering market trends, smart city, healthcare, banking and finance, transport and logistics​.​

The ​distinguished speaker faculty consisted of​ ​20 local, regional, and international experts in the IoT and M2M industry; w​ith discussions primarily dedicated to plans of government, telecommunication companies and other IoT stakeholders​.​ ​Case studies were brought up as IT divisions from end users were invited to share their experience in implementing IoT strategies.

Our favourite quotes from the conference sessions:

Keynote and IoT leaders panel:

"In the world of ICT, collaboration is the key. With an estimate market worth of $2.4bil by 2020, IoT in Malaysia has an encouraging prospect. SMEs are urged to take up the challenge and exploit the opportunities." - Toh Swee Hoe, Advisor, MCMC Academy

"It's not only about addressing the supply of IoT, we also want to raise the current awareness among end users and create demand to drive digital adoption and economy growth. We aim to turn Malaysia into a matured digital economy by 2020 - to connect and empower government, business, people." - Dato Ng Wan Peng, COO, MDeC

"The mission of the recently released national IoT agenda is to create a national ecosystem to enable use of IoT as a new source of economic growth. Supporting industry ecosystem must be established for Malaysia to be global class player in IoT."
- Helmi Halim, Senior Director (Corporate Strategy), MIMOS

"Telcos in Malaysia generally still seem to be holding back; they must grow their presence in the IoT sector to catalyze Malaysia's vision of being a Smart Digital Nation." - Anuj Pandey, DGM-Business Development (Strategic Deals Group), Bharti Airtel

Market Trends & Outlook:

"There is big potential in healthcare, automotive and retail; sinking costs is a driver of IoTin future; in order to have enough trained workforce we need new curriculums at training institutions." - Prof. Dr. Shahrin, Vice-Chancellor, Universiti Teknikal Malaysia

Healthcare:

"What we can achieve in telehealth: remote monitoring, remote diagnosis, healthcare provider support. Global telehealth is expected to grow at compound annual rate of 18.5% through to 2018. To begin your venture, my advice is to work with a partner and go through a trial." - Phua Kok Soon, Senior Research Engineer, A*STAR

"There're so many patients that it's impossible to diagnose and analyse without data andIoT. By 2030, we'll be using cloud brains to communicate, store and think - like an external hard disk. Smart and sustainable healthcare needs to be driven by new and disruptive IoT business models." - Dr. Dhesi, Epidemiologist & Exponential Medicine Physician, Singularity University, NASA Ames & Ministry of Health, Malaysia

Banking & Finance:

"Banks need to take further advantage of IoT to prevent shortening of business models, which can be lost to operators. The reality is that IoT will not change the way you do things, you will have to change it yourself." Mikael Lindholm, VP M2M Growth, Telenor

"Success for banking in the IoT field comes not from technology or security, but user experience that makes lives easier." - Kerem Abuc, Mobile Financial Services Supervisor, Garanti Bank

Transport & Logistics:

"Key factors for Indosat's success include: (1) good business opportunities, (2) right product, (3) right go-to-market." - Mirela Juravle, Head of M2M Project, Indosat

Exhibition area and technology showcase during breaks saw conversations carried on from the conference that aroused much interest within key IT executives who are exploring effective IoT implementation strategies with the solution providers present. Diversity of participants in terms of verticals, complimented by the relevance of invited delegates provided a remarkable networking opportunities to all decision makers in the IoT sector seeking for partnership and new insight.

IoT Malaysia: A Summary of Asia IoT Business Platform 6th edition

[embed]https://www.youtube.com/watch?v=gz2g5hsvQxY[/embed]

More details on Asia IoT Business Platform (6th edition) can be found here. Do check out our image gallery and subscribe to Asia IoT Youtube channel for more info on IoT Malaysia.

We would like to thank all sponsors, ​advisors, ​partners, speakers, and delegates for making the 6th edition of the Asia IoT Business Platform a resounding success. It would not have been possible without the support we received.

We look forward to welcoming you again for the Asia IoT Business Platform 2016 series, which will be held in Manila (23-24 May), Bangkok (26-27 May), Jakarta (15-16 May) and Kuala Lumpur (18-19 Aug).


By Sue Yuin Ho | May 1st, 2017

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