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 Smart Nation Race: Singapore & China
For Singapore to make digital payments commonplace, the government is taking a step in the right direction – integrating systems. Regulatory oversight is crucial and the move towards a common QR code in Singapore prevents banks, payment networks and e-wallet providers with conflicting business interests to create close-loop systems that can only work with their own apps.
By Yue Yeng Fong | November 10th, 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
The Smart City Ambition of Vietnamese Cities
Earlier this August, Saigon Hi-Tech Park (SHTP) signed a deal with Trilliant to deploy Southeast Asia's first smart city project, five months after completion of AMI smart communications network at SHTP, a pilot project driven by electric utility company EVN...
By Sue Yuin Ho | November 3rd, 2017
Mobile Money: Will Myanmar Succeed the Way Kenya/Tanzania did?
... f ew will remember that the first mobile money service was launched in 2001 in the Philippines. And over the past few years, we've seen vast adoption of mobile money services in Indonesia, Malaysia, Thailand, Cambodia, and now Myanmar and Vietnam...
By Irza Fauzan Suprapto | October 12th, 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
Vietnam and its smart city craze
Last year, when we conducted our first Asia IoT Business Platform in Vietnam in Hanoi, we saw great interest among participants, especially in the smart cities space. Back then, we featured local speakers and panelists that represented some cities which are emerging with their own smart city initiatives..
By Abdullah Zaidani | September 21st, 2017
Myanmar’s rapid urbanisation demands for more sustainable urban solutions
As a result of Myanmar’s economic isolation, which lasted until 2010, urbanisation in the country lagged that of its regional neighbours. According to the 2014 Myanmar census, the urban community shared only 30% of the total population in the country; a low figure in both the global and ASEAN index.
By Abdullah Zaidani | September 15th, 2017
Cyber Security crucial in development of Myanmar’s ICT industry
Although Myanmar saw a rapid growth in internet usage and smartphones, knowledge of cyber security did not progress at the same rate. As companies transform digitally and turn to cloud technology, data protection and security have never become more important. Microsoft’s 2017 report, Security Intelligence Report Volume 22, has revealed that Myanmar is now the 4th most exposed country in Asia Pacific to malicious programmes, among Bangladesh, Cambodia, Indonesia and Vietnam (Read the article on cyber security in Vietnam.)
By Su Htwe | September 7th, 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
Countries with a share in Myanmar’s digital market
With the help of the international telcos, telecommunications infrastructure has been strengthened, with ever-increasing demand. This led to one of the neighbouring countries to come in and build the fourth telco of the country: that was Vietnam.
By Su Htwe | August 23rd, 2017
Opportunities for foreign investors in growing Vietnamese ICT market
ICT has always been an important driver of the Southeast Asian economy. A market study by International Data Corporation (IDC) on Vietnam, Indonesia, Thailand, Myanmar, Cambodia, and Philippines, forecasted the Southeast Asia’s ICT industry to be worth US$48 billion by 2019 and will be the key enabler of economic development.
By Valencia Elvina Wijaya | August 23rd, 2017
Future of Education in Myanmar
The future is the cloud. These fast-changing times are making traditional learning obsolete. In Myanmar, even if the kids manage to finish school, there is a high probability that they are not ready for the workplace.
By Su Htwe | August 17th, 2017
Realising Taiwan's IoT ambition
The ICT sector has always been Taiwan’s source of pride. Since the 1980s, Taiwan has been highly regarded as a vital player and major procurement centre for global ICT companies and buyers. Taiwanese companies hold huge market shares in semiconductors, PCs, mobile devices, broadband appliances and display products and technologies and is the world’s biggest supplier of these products, contributing 16.5% of the total GDP in Taiwan.
By Fong Yue Yeng | August 16th, 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
Day 1 at Asia IoT Business Platform Philippines: Collaboration is critical
Compared to other Southeast Asian countries, Philippines seems to be quite ahead in terms of IoT adoption and digital transformation, especially in the industrial and logistics sectors. Throughout our panel discussions among leaders in telecommunications, industrial & manufacturing, transport & logistics, issues not dissimilar to discussions in other countries arise: manpower, education, connectivity, yet the industry leaders seem to be optimistic about The Philippines’ potentials in digital transformation. Is that the case?
By Nguyen Dinh Viet Anh | August 4th, 2017