2017 in Review: What's Next in Maximising the Full Potential of IoT?
Anthony Bourne, VP Global Industry Solutions at IFS, said that the three pillars to a successful digital transformation is technology, investment and people. For us, we will like to add one more critical factor: engagement with your customer. It does not matter if you are a B2B, B2C, or B2B2C organization, at the end of the day, all technology should drive greater customer value – and that is the motto of what we seek to do.
By Yue Yeng Fong | January 19th, 2018
Transforming the Philippines with Internet of Things applications
In spite of some political instabilities, Philippines currently boasts one of the highest growth rates in Asia, with an annualized growth rate at 6.9% in the third quarter, just behind Vietnam but slightly ahead of China. However, FDI inflows reduced by 5% to $5.1 billion in the first 8 months, compared to $5.4 billion last year. This is partly due to the fact that companies are skeptical about President Duterte’s policies as well as the administration’s actions. When it comes to the ICT scene and infrastructures, the Philippines enjoys a relatively high Internet penetration average of 58%, way above the global average of 50%. Moreover, the Philippines also has the longest average personal Internet usage time of almost 9 hours a day. This has even become a common joke in the country that people spend more time on the Internet as it is slow...
By Kiet Pham | December 29th, 2017
Malaysia, the next Regional Internet-of-Things (IoT) Development Hub?
Malaysia is in South East Asia, and it is the third largest economy in the region. Previously, the country relied greatly on agriculture and mining to boost its economy. However, there was a sharp shift in focus to manufacturing in the 70s, as the government realized the potential of manufacturing and industrialization through the accomplishments of the 4 Asian Tiger economies...
By Kiet Pham | December 28th, 2017
Current State of IoT in Vietnam - Asia IoT Business Platform Vietnam
IoT projects such as smart city initiatives have been explored by city governors in Vietnam such as Da Nang, Hanoi, and Ho Chi Minh City. However, from the panel discussion, the panelists, which include Saigon Hi-Tech Park (SHTP), Viettel, and VNPT, all agree that a majority of the local population still don’t understand IoT and many enterprises still have a very limited understanding...
By Asia IoT Business Platform | December 8th, 2017
Data Analytics and Business Intelligence: Opportunities and Challenges in Southeast Asia
...the industries which will make the largest investment in big data and business analytics would be banking and finance industry, manufacturing and the public service sector. Banking, healthcare, insurance, securities and investment services and telecommunications are expected to record the fastest growth in terms of spending on BI tools and software, each with CAGR of 13%.
By Felix Fernando | November 28th, 2017
Bullish Sentiment on Myanmar's ICT Development - Day 1 at Asia IoT Business Platform, Myanmar
Myanmar has progressed rapidly since her liberalization a few years ago. A major factor in this progress would be the information and communication technology (ICT) sector as stated by U So Thein, Director General, Ministry of Transport and Communications, Myanmar, "Investments in telecommunications infrastructure has been a major contributing factor to Myanmar's GDP growth over the last two years," in his welcome address today...
By Felix Fernando | November 24th, 2017
The ASEAN Digital Economy (& Enterprise Innovators Within)
Since its founding in 1967, ASEAN's share of global gross domestic product has almost doubled from 3.3% to 6.2% last year. The region has become the world's sixth largest economy with a combined GDP of US$2.55 trillion.
By Sue Yuin Ho | November 9th, 2017
The State of Enterprise Mobility in Southeast Asia - Where does Myanmar Stand?
According to the Myanmar Telecommunications Ministry, over 90% of Myanmar adults have access to mobile phones in 2016 with smartphone penetration approaching 80% of all mobile phones. As IMF's world's fastest growing economy in 2016, Myanmar has a latecomer advantage and can leapfrog quickly into the technology era. "The consumer market in Myanmar has essentially bypassed the development stages seen in other economies and moved straight to digital and mobile, creating huge potential for internet-enabled businesses', said Mika Artaut, Head of digital marketing at Wave Money.
By Yue Yeng Fong | November 3rd, 2017
Data Challenges and Opportunities in Southeast Asia's Expanding Economy
Digital initiatives and a country’s development has always been closely tied and the World Bank’s Digital Adoption Index introduced in 2016 aims to measure the extent of the spread of digital technologies within and across countries for all the key agents in an economy: people, business, and governments. Benefits of digital technologies include inclusive and sustainable growth, improved governance and increased economic opportunities. Information poverty on the other hand is likely to cause poor planning, inefficient markets, disempowerment, corruption and more...
By Yue Yeng Fong | October 6th, 2017
The reality of digital transformation in technology companies
Digital transformation is no longer identified as a mere term but a practice to many companies. It is not only about new technologies but also a realization on the need for improvement. By end of 2017, it is predicted by analyst firm, IDC, that two-thirds of Global 2000 companies’ CEO will be involved in digital transformation as the crux of their corporate strategy.
By Valencia Elvina Wijaya | September 7th, 2017
50 Years of ASEAN: Ushering a New Digital Era
A region with 630 million people and a combined GDP of US$2.5 trillion; ASEAN has accelerated in economic growth and social progress since its founding in 1967.
Indonesia, Malaysia, Philippines, Thailand, and Singapore founded the Association of Southeast Asian Nations (ASEAN) 50 years ago with the goal of facilitating economic and political collaboration among its members. The initiative, which includes a free trade agreement that enabled great intra-regional trade, has propelled ASEAN to be the world’s sixth-largest economy in the world.
By Abdullah Zaidani | August 31st, 2017
The Key to Digital Transformation and driving IoT Adoption in ASEAN
“You need to have bold vision and having a vision on how things are going. When we speak IoT, there's always a excuse i.e technology is not there, i.e but there's no optimum point for IoT. We need to be bold in pushing things forward, move away from discussions to pushing things out.” - Gio Abaquin, Category Head, M2M & IoT, SMART Communications.
By Abdullah Zaidani | August 11th, 2017
Securely Stepping Into IIOT
For the past months, the issue of cyberattack has been a hotly discussed topic due to the global “ransomware” attack that disrupted factories, hospitals and even schools. Purchase of cybersecurity products increased significantly which then resulted in the rise of shares of some cybersecurity firms.
By Valencia Elvina Wijaya | July 14th, 2017
What are ASEAN CIOs spending on this year?
In an annual survey conducted by Computer Weekly/Techtarget among CIOs in ASEAN, it was found that IT decision-makers across the region are expecting another positive year for their IT budgets. 25% of CIOs in the region are expecting an increase of more than 10%, compared to 2016. A further 26% of CIOs predict a small increase, but a rise nevertheless.
By Abdullah Zaidani | July 5th, 2017
Translating IoT solutions into REAL business value - HOW?
It's halfway through 2017 and IoT remains a buzzword in the tech industry. Almost every day we'd come across a new article on latest technology trends, disruptive models, new partnership announcements...but may I repeat - when was the last time you spoke to a user?
By Sue Yuin Ho | July 3rd, 2017
Understanding the IoT needs of enterprises and organizations in Southeast Asia
It was a hectic past week for us at Asia IoT Business Platform as we hosted press briefing sessions in both Bangkok and Jakarta. At the same time, we also concluded our annual IoT survey which looks at the perspectives of local enterprises and organizations in Southeast Asia pertaining to IoT deployment and implementation.
By Abdullah Zaidani | June 21st, 2017
Exploring the importance of partnership to IoT success in Southeast Asia
A Forbes article last week asserts that partnerships are key to IoT success. In the article, the author highlighted a study from Cisco that showed an alarmingly high rate of failure for IoT projects -75%. Even the remainder of the projects that were delivered were also seldom regarded as success.
By Fong Yue Yeng | June 7th, 2017
The Power of Satellite Communication in IoT World
A study by Gartner predicted 25 billion interconnected devices will exist by 2020 - it is no surprise that IoT (Internet of Things) is no longer a mere buzzword but our future. IoT enable devices to collect data to derive useful information for better decision making.
By Valencia Elvina Wijaya | May 30th, 2017
Earth Day Special: Alleviating Environmental Woes in ASEAN with IoT
Earth Day will be commemorated this Saturday, 22 April. It marks the anniversary of the contemporary environmental movement that started in the 1970s. On this day, environmental issues are thrown into the spotlight, to be pondered and reflected upon, and hopefully be solved. On this day, we celebrate the planet’s environment and raise public awareness about the many woes that our planet is facing, largely due to our own actions – and inactions.
By Abdullah Zaidani | May 1st, 2017