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vietnam-manufacturing

Vietnam is becoming a manufacturing powerhouse. It is emerging as a low-cost hub for manufacturers who face increasing labour costs from neighbouring China and Thailand, with the likes of Intel and Siemens investing billions of dollars into factories around the country. Samsung recently announced its plan to increase direct investment in Vietnam to USD 20 billions in 2017.

Yet, Vietnam’s manufacturing scene is not immune to the “rise of the robots”. With global developments in automation to cut labour costs and reduce human errors, what do rising manufacturing hubs like Vietnam and Thailand stand to gain (or lose) from this movement? How then do manufacturers leverage on existing competitive advantages while continuing to innovate and stay ahead of the curve?

Cheap labour still a pull factor

Despite high entry barriers to foreign investors, Vietnam remains an attractive destination for manufacturers looking to cut cost. Wages in China rose at around 120% in the past few years, coupled with high-profile exposé of inhumane working conditions and lack of human rights protection for workers. Entering Vietnam is becoming easier with the country continuing to open up its economy by signing the Trans-Pacific-Partnership agreement and the EU-Vietnam Free Trade Agreement. Meanwhile, average manufacturing wage in Vietnam is expected to be around USD 3,500 per year in 2020, compared to China’s USD 11,300.

Automation and the future of manufacturing

The International Labor Organisation recently reported that more than two-thirds of Southeast Asia’s 9.2 million textile and footwear jobs, including 86 percent in Vietnam, are at risk due to automation. In response to this, Vietnam’s manufacturing scene has been moving away from the traditional portfolio into more higher value-added products like chipsets and parts for mobile devices. Yet, this move is still threatened by manufacturers being pressured to return to their own country (i.e. #MadeInAmerica), aided by the rise of automation that increases labour productivity while reduces labour cost.

What about manufacturers?

At the moment, manufacturers in Vietnam can still make use of the cheaper labour costcompared to its neighbouring countries (average monthly wage in Vietnam was at USD 197 in 2013, compared to USD 391 in Thailand and USD 613 in China, according to the International Labour Organisation). Early adoption of IoT and automation will allow manufacturers to stay ahead of the curve as costs are bound to increase, while tackling other issues such as quality management, efficiency, increasing labour cost, and human rights issues concerning workers’ work environment. Furthermore, government initiatives and legislation that accelerate the adoption of new technologies will allow the market to become even more attractive to foreign investors.

Moving forward

As Vietnam moves towards becoming an industrialised country by 2020, it needs to find a way to maintain its competitive advantage while catching up to technological innovations. IoT in manufacturing can provide valuable information for operators to maximise efficiency and reduce human errors, such as using sensors to monitor conditions of machines so companies can be alerted when maintenance is due – rather than having more costly routine checkups or unexpected breakdowns.

Meanwhile, the young and tech-savvy population needs to be educated with new technologies, and how to prepare to adapt to the fast-changing manufacturing work environment. In fact, as university graduates face increasing unemployment, some 32% of high school graduates in Vietnam qualified for university are applying to previous less-coveted technical tertiary institutions for better future prospects. Leveraging on this highly-educated labour pool, the government and technical institutions need to ensure that the graduates are equipped with future-ready skills, especially in up-and-coming technologies, so the workforce remains sustainable and competitive.

IoT in Industrial & Manufacturing will be discussed at the 11th edition of Asia IoT Business Platform, which will take place in Hanoi at the end of November. For more information, visit http://iotbusiness-platform.com/iot-vietnam or drop me an email at dinh@industry-platform.com.

IoT Malaysia

As we celebrate 59 years of nationhood, I am reminded of the latest achievement we had 2 weeks ago in KL, where commitment to target IoT as a new national economic source was reiterated by the Minister of Technology, Science and Innovation himself.

Malaysia is one of only nine countries in the world to have developed a working roadmap on IoT.

We’re currently in the midst of implementing the National IoT Strategic Roadmap, in which interoperability has been identified to spur IoT in the country, and the market potential is set to generate a GNI of RM9.5 billion by 2020 and achieve RM42.5 billion by 2025.

Within one year, several IoT-based projects have been piloted and launched in Malaysia, including the following areas:

  • For Safety – IoT has been employed in Smart Lock-Up to monitor safety in the police lock-up (implemented by the Royal Malaysian Police.
  • For Community – A community social innovation platform called I-Comm has been deployed to develop applications like flood monitoring. Its scope will be expanded to cover tourism application as well.
  • For Agriculture – IoT plays a key role to assist the export of premium durian to China and other premium product.
  • For Transportation – Taxi booking applications have been enabled, e.g. iTeksi, GrabCar.

At the 10th edition of Asia IoT Business Platform two weeks ago,  YB Datuk Seri Panglima Madius Tangau, Minister of Science, Technology and Innovation mentioned that following the maturing of IoT technologies in the country, they hope to expand local services to ASEAN markets and ultimately introduce top 5 Malaysian companies to the international stage.

In developing the industry ecosystem, we need all players to work together and demonstrate the value of these solutions in order to convince the end users and investors to adopt IoT technologies.

Over the two days conference, conversations with speakers, public sectors, companies from both solution providers and local end users, etc. led me to the 4 focus markets that have been identified for Malaysia:

  • Transportation – to improve efficiency and service level of transport operations. Companies like Prasarana Malaysia will gladly welcome solutions that can help improve public transportation and passenger info.
  • Manufacturing – to enhance supply chain efficiency and reduce the gap between SMEs and MNCs. With manufacturing taking up 30% of the whole IoT market potential in Malaysia, we’re seeing increasing number of services from ERPs, supply chain integration,  Digital/Connected Factories to Industrial Automation and IIoT, etc.
  • Healthcare – to improve healthcare service delivery. Strongly encouraged by the government, solutions like predictive health analytics for hospitals and doctors to deliver better patient care; modernising healthcare with Artificial Intelligence, etc. are currently driven by local startups like AIME, Vital Synapse.
  • Agriculture – to boost income of the B40 community by enhancing sectorial productivity while preserving national food security. This is particularly seen to be a strategic segment.

 (follow my interviews here)

With collaboration efforts between vendors and across industries being supervised by the government, it is without a doubt that IoT would play a big part in achieving our next stage of nation’s growth.

I am happy to facilitate further IoT initiatives and relationships in and across countries, and support MOSTI’s goal to help Malaysian companies expand into the whole of ASEAN region. 

Feel free to drop me a note if you’re interested in the ASEAN IoT markets.

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Being the “Factory of the world”, China is synonymous with manufacturing. However to tame rising costs, even Chinese companies are increasingly turning their gaze southward to Southeast Asia.

This, coupled with the implementation of the ASEAN Economic Community (AEC) integration plan, presents a tremendous opportunity for the manufacturing industry in the Southeast Asian region to lead economic development. This is where IoT technologies can play a crucial role for industries to give China a run for the manufacturing dollar.

According to a report by McKinsey, new technologies could increase profit margins and lower costs in manufacturing, potentially creating $25 billion to $45 billion of annual economic impact in ASEAN by 2030.

For example, the use of big data and the IoT could improve demand forecasting and production planning, leading to better customer service and higher profit margins. On the cost side, IoT can also improve supply chain management and by analyzing real-time data on suppliers’ inventory and shipments in transit, companies can tighten inventory control and maximize production capacity.

15% of ASEAN respondents in the study said that they were optimistic that the ability to improve forecasting accuracy could potentially increase revenue or efficiency for their company by more than 50 percent.

Complement current operations with IoT

This view was echoed at a public dialogue held ahead of the 12th World Islamic Economic Forum, in Jakarta. A government official said, “Businesses in Indonesia and Southeast Asia must take advantage of disruptive innovations and technologies to leverage their global competitiveness, instead of worrying about the negative impact.”

In a joint statement by the Habibie Center, the Indonesian Ministry of Finance and the World Islamic Economic Forum Foundation, Zamroni Salim, a senior economic researcher at the Indonesian Institute of Sciences, also said that, “Big data and the Internet of Things help analyze details of operations, real time data from suppliers’ inventories, shipments in transit; to downstream customer demand, does complement conventional operations.”

 Challenges & Considerations

However this technology opportunity is still waiting to be realized. One reason is the lack of awareness of these opportunities. Many manufacturing firms are also worried about not having the right talent to implement these technologies. Perhaps key to the issue is also the security challenge that manufacturing firms will have to face when they move to what IDC term as the 3rd Platform (cloud, mobility, big data/ analytics).

To realise the potential savings of up to $3.7 trillion per year by 2025 through IoT in manufacturing, the ability to scale up security is important. It is estimated 70% of IoT devices are vulnerable to cyber attacks and overcoming this challenge would accelerate the IoT adoption among manufacturers.

That said, Southeast Asian companies are starting to experiment with IoT despite the varying levels of infrastructure development. From predictive maintenance of air-conditioners to pilot projects of IoT improving agribusiness, we expect to see increasing case studies as more Southeast Asian manufacturers learn about the benefits of IoT

Extracts taken from “The Smart Manufacturing Opportunity in Southeast Asia

Join the discussions at the 9th & 10th edition of Asia IoT Business Platform, in Jakarta, Indonesia & Kuala Lumpur, Malaysia where international & regional speaker will be discussing their insights on IoT in Manufacturing.

By: Ernest

IoT Malaysia

August had been a very busy month for us, but we’re happy to witness the growth of Indonesian and Malaysian enterprise IoT markets since we launched Asia IoT Business Platform 3 years back.

The 9th and 10th editions of Asia IoT Business Platform were held on the third week of August 2016 in Jakarta and Kuala Lumpur.

Continuous discussions to boost the economic growth of both countries via IoT were seen; while new collaborative efforts were formed between relevant parties to drive IoT adoption among public sectors and enterprises.

What’s new on both markets?

IoT Indonesia

With telecommunications as a big portion of the national ICT industry, the government is taking a step further to tackle issues deemed important, namely Availability, Connectivity, Reliability and Capacity.

  • Availability and Connectivity – Development of national infrastructure backbone to ensure that the whole of Indonesia can access the Internet. The government has set a target for all cities (514 provinces) to be connected with fibre optic infrastructure via the Palapa Ring Program.
  • Reliability and Capacity – Distribution channel to cities as the last mile to end users. This include encouraging ICT facilities, data centers, hardware/software platforms and applications that are closely related to human resource capacity.

At the 9th edition of Asia IoT Business Platform, the Ministry of Communications and Informatics emphasized on Indonesia ‘s commitment to be the Digital Energy of Asia. Various initiatives have taken place, including rolling out of the e-Commerce Roadmap to support the digital economy ecosystem.

“The success of the Asia IoT Business Platform today makes me proud – it’s a concrete manifestation of the effort to strengthen the interaction between innovative players in the Indonesian ICT field.” – Mariam F. Barata, Directorate General for ICT Applications, Ministry of Communication and Information

IoT Malaysia

Malaysia is in the midst of implementing a National Internet of Things Strategic Roadmap, in which the market potential has been determined to generate a GNI of RM9.5 billion by 2020 and achieve RM42.5 billion by 2025.

Since the launch of the IoT roadmap, several projects have been piloted including Smart Lock-Up implemented by the Royal Malaysian Police to monitor safety; I-Comm, a community social innovation platform was deployed to develop community applications such as flood monitoring.

Four focus market segments which align to the existing government initiatives have been identified as springboard for innovators use to leapfrog widespread adoption of IoT solutions:

  1. Agriculture
  2. Healthcare
  3.  Manufacturing
  4. Transportation

MIMOS, as co-organiser of the 10th edition of Asia IoT Business Platform, graced the event opening by launching Mi-MIST, an Open Innovation Platform for rapid development of IoT applications to accelerate the IoT ecosystem.

“We encourage every party to join hands in seizing the IoT opportunities. To our guests from abroad, Malaysia will share our ideas and inspirations with our friends in the region, and I invite you to do the same. Let us have conversations on how collectively we can capture this enormous opportunity.” – YB Datuk Seri Panglima Madius Tangau, Minister, Ministry of Science, Technology and Innovation

For event highlights, please refer to our photo albums here.

For questions or post show reports, please leave a comment with your email address and we’ll send it over.

The team is grateful for the support we gained from all partners in the region. We will continue posting video interviews with participants on their insights and local initiativeshere.

As we continue to educate enterprises and drive IoT awareness in Southeast Asia, drop us a comment if you have some stories to share.

Sue Yuin
sueyuin@industry-platform.com

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Pokémon Go is a free-to-play location-based Augmented Reality mobile game and it has taken the world by storm. So far, it is officially available only in the US, Australia and New Zealand. It immediately became the top free app in the US and was so popular that servers crashed briefly on launch day. The share price of Nintendo, the company who owns the Pokémon franchise and 33% of the company that developed the game, shot up 50% in three trading days since the game was launched.

The technology behind the game, Augmented reality (AR), is the real time integration of digital information with the user’s physical environment. AR uses the existing environment and adds layers of information on top of it, which is unlike virtual realitywhich creates an entire digital environment.

AR has been the stuff of movies, from Terminator in 1984, to Iron man in 2008, where Tony Stark’s views the world in AR in the Iron Man suit.

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Consumers might also be aware of the 2013 release of Sony’s Playstation 4, which included a camera and software called Playroom. Playroom allows you to call out and interact with AR robots on your TV screen.

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While AR has been around for years now, it owes a lot to Pokémon Go as it brings the technology to the main stream masses, increasing awareness. The maturity of the technology factors that have enabled the phenomena includes;  connectivity speeds and reliability have improved, decreased costs and increased processing power in a smart phone allowing real time interactions.

In addition to consumer applications, augmented reality has the potential to impact industrial processes, improving productivity and allowing businesses to better manage risks. Leveraging on these new technologies will be important for Southeast Asian enterprises to compete with their global counterparts.

Logistics and Distribution

At the 7th edition of Asia Internet of Things(IoT) Business Platform, DHL presented a case study showing that it has successfully carried out a pilot project testing smart glasses and augmented reality in a warehouse in the Netherlands. The technology was used to implement ‘vision picking’ in warehousing operations. Staff was guided through the warehouse by graphics displayed on the smart glass to speed up the picking process and reduce errors. The pilot proved that augmented reality offers added value to logistics and resulted in a 25% efficiency increase during the picking process.

Manufacturing

Boeing sees the future of augmented reality on the assembly line. In 2014, Boeing partnered with Iowa State University, putting 45 students through assembly projects in 3 groups. Each group used a different method of instruction; paper instructions, instructions on a handheld PC, or instructions using augmented reality. Boeing found that the augmented reality group had significantly fewer errors, and took less time to build in comparison to the other groups. That data provided the business case to move the pilot into a factory and a step closer to real-life testing.

Boeing thinks augmented reality could drive down costs and increase first-time quality on many fronts — reducing training time, speeding up build times, making it easier to shift employees across tasks, and aiding the transfer of “tribal knowledge” from retiring workers to newbies.

Challenges in implementing AR

While pilots have been successful, technical challenges exist in rolling out the technology on a large scale in a complex environment. Big leaps in hardware would be required, this includes processing power of the chips, high resolution touch screen panels, cameras, sensors and microphones within the AR device. The other challenge would be seamless connectivity of the devices to a stable and reliable network.  Security of the network is another challenge that needs to be overcome.

That being said, Pokémon Go has helped to improve general awareness of AR technology and i believe that this will help open up the minds of enterprises to keep abreast of technological developments in AR as a potential technological solution to current pains.

Join the discussions on Internet of Things(IoT) in Manufacturing and Logistics & Distribution at the 9th and 10th edition of Asia IoT Business Platform held in the week of 15th August in Jakarta, Indonesia and Kuala Lumpur, Malaysia.

 

By: Ernest

mpici

When one think about manufacturing, China is likely the first country to come to mind. However with rising costs, even Chinese companies are increasingly turning their gaze southward to Southeast Asia.

This, coupled with the implementation of the ASEAN Economic Community (AEC) integration plan, presents a tremendous opportunity for the manufacturing industry in this region to lead economic development, and one of the reasons why IoT technologies can play a crucial role.

According to a report by McKinsey, new technologies could increase profit margins and lower costs in manufacturing, potentially creating $25 billion to $45 billion of annual economic impact in ASEAN by 2030.

For example, the use of big data and the IoT could improve demand forecasting and production planning, leading to better customer service and higher profit margins. On the cost side, IoT can also improve supply chain management and by analyzing real-time data on suppliers’ inventory and shipments in transit, companies can tighten inventory control and maximize production capacity.

15% of ASEAN respondents in the study said that they were optimistic that the ability to improve forecasting accuracy could potentially increase revenue or efficiency for their company by more than 50 percent.

However this technology opportunity is still waiting to be realised. One reason is the lack of awareness of these opportunities. Many manufacturing firms are also worried about not having the right talent to implement these technologies. Perhaps key to the issue is also the security challenge that manufacturing firms will have to face when they move to what IDC term as the 3rd Platform (cloud, mobility, big data/ analytics).

To realise the potential savings of up to $3.7 trillion per year by 2025 through IoT in manufacturing, the ability to scale up security is important. It is estimated 70% of IoT devices are vulnerable to cyber attacks and overcoming this challenge would accelerate the IoT adoption among manufacturers.

That said, it is encouraging to see Southeast Asian companies starting to experiment with IoT despite the varying levels of infrastructure development. From predictive maintenance of air-conditioners to pilot projects of IoT improving agribusiness, we continue to see more case studies and will contribute to this growth by educating more industrial companies about the business potential of IoT.

Listen to speakers from Japan Industrial Value Chain Initiative, Fraunhofer IAO and Korea Evaluation Institute of Industrial Technology on how they have implemented digital factories and smart manufacturing at our Asia IoT Business Platform events this year.

 By: YY

[:en]Telco IoT SEA

These days, we see communication service providers (CSPs) getting increasingly actively involved in the IoT space. Being at the core of IoT value chain, telecommunications and IT service providers can bring together the large ecosystem of partners and speed up the time to market for IoT.

We interviewed some of our partners in Southeast Asia and summed up the main initiatives and efforts of telcos in the IoT sector.

What are the current focuses of CSPs in Southeast Asia?

According to JD Montelibano, the Head of Business Applications from the Globe Telecom IT Enabled Services Group, CSPs are in a good position to provide end-to-end and seamless IoT solutions for the Philippine market.

“We have been driving awareness on benefits of IoT primarily to businesses. Focus today is to drill into deeper and more specific use cases per industry that will solve specific pain points and problems,” said JD.

Meanwhile in Thailand, there are initiatives such as the collaboration between CAT Telecom, NIA, and TESA to promote IoT and smart city development by supporting tech companies and startups that have IoT/smart city innovation.

Yuttasart Nitipaichit, PhD, Assistant Vice President of CAT Telecom Data Center Department pointed out that CAT aims to provide IoT and smart city solutions as one of their main businesses.

“CAT’s main focus is to provide support on Telecom and IT infrastructure that would be the building block for developing smart city applications. We aim to provide support on mobile and Internet connectivity, IT infrastructure including Cloud platform and data center, and IT security solutions,” he added.

With a mobile penetration rate of 120% in Indonesia, Mirela Juravle, the head of M2M Projects in Indosat Ooredoo, believes that CSPs are trusted partners to help IoT adoption. Being in the driver seat, they want to lead the IoT development through an extensive portfolio of solutions and services ranging from connectivity, infrastructure, cloud services, data analytics to end-to-end IoT solutions and services; promoting innovation simple and open environments for local developers to build innovative IoT services; and Big Data.

One of Indosat success stories in 2015 is the launch of vehicle telematics solution which had greatly increased productivity for operational car fleets and logistic companies.

“We have done a lot of market educations in the last 2 years and this year we will continue to accelerate growth in banking, transportation and security, plus develop new markets in eHealth, user based insurance, business applications, industrial IoT, oil gas, Smart Cities,” said Mirela.

On the contrary, Malaysian CSPs have falled behind in taking the leap with IoT. Telcos in Malaysia have been criticized for being too conservative; and they are making big plans to grow their presence in the IoT sector and catalyze Malaysia’s Smart Digital Nation vision.

Digi has identified some key industry players that are at more matured stage such as the public services and logistic area leveraging on IoT adoption to drive customer experience and enhance business growth.
Lee Shin Mei, the Head of Enterprise Business in Digi, shared with us that Digi is exploring and always open for IoT as this is one of their main drivers moving forward.

“The current focus is really about creating the customer awareness, looking out for opportunities to collaborate and getting the right partners in place to support the initiative. Once we build the business value and can show to our customers the benefits of IoT, this would eventually build a sensible commercial value for all parties. In terms of segment or industry, there is really no hard rule about this part,” she added.

What are the advice for solution providers targeting Southeast Asia?

What do you have to identify and prepare beforehand? How to access the market and justify the right local contacts?

Southeast Asia countries are generally quite similar in the focus area and highlighted verticals for IoT, but slight different approach or key points have to be taken care of for each country.

Let’s have a look at the views of local CSPs from specific countries in the region.

JD Montelibano, Globe, Philippines:

IoT has huge opportunities and unlimited use case that are relevant to the Philippine market. What solution providers must do is to understand pain points and problems in a local micro level. They also need to have platforms that are inter-operable with other systems to drive seamless integration through readily available APIs.

Yuttasart Nitipaichit, CAT, Thailand:

Solution providers should study and truly understand problems of cities in Thailand in order to provide real solutions that could really solve the problems. In addition, they should consider partnering with infrastructure providers and end user device manufacturers as well to provide complete solutions. They should make sure that the value of their proposed solutions is higher and worth the proposed cost of investment.

Mirela Juravle, Indosat Ooredoo, Indonesia:

Indonesia market offers huge opportunities, and this is the top 3 advice I can give for solutions providers to be successful:

  1. Know the market, know the regulations
  2. Partner with a local company or establish local office
  3. Be flexible

Lee Shin Mei, Digi, Malaysia

Have creative ideas or products but also remember to be practical so as the end goal is to simplify and enhance customer experiences. Solution providers can also leverage on partnerships with telcos to create a more viable solution that offers end-to-end approach.

Receiving international IoT stakeholders with open arms

Over the comments and feedback I have received for my previous posts, there is one question that popped up frequently: Is partnership essential?

Southeast Asia is a dynamic market, with vibrant culture and varying work approach. Much work has to be done to be familiar with the ways businesses work in each country.

While telecommunication operators and governments are positively encouraging IoT solution providers from both local and abroad to help tackle local problems via technology, I believe having a contact point who has been around and understands the local market would be the most direct, fastest and safest way to access the pool of demand.

What do you think?

Asia IoT Business Platform partners with major telcos in Philippines, Thailand, Indonesia and Malaysia to educate enterprise on IoT adoption and raise awareness of the key business model transformation opportunities that can be tapped on.

Our telco partners include Smart, Globe, AIS, dtac, CAT, True,Telkomsel, Indosat, XL Axiata, Telkom Malaysia, Digi, Maxis, Celcom, etc.

If you are  looking to connect to the local telcos in Southeast Asia, feel free to get in touch. Comments and feedback are greatly appreciated.

Sue Yuin
sueyuin@industry-platform.com[:]

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According to IDC, manufacturing is the sector that will lead the way in worldwide IoT spending with $165.6 billion total in 2015. Vernon Turner, SVP and IoT Research Fellow states that “manufacturing has been connecting his supply chains, products, customers, and even workers for some time now, which makes a good fit for IoT deployments, as they really embrace the value of business outcomes”.

The main benefits for IoT applications in manufacturing according to Asia Manufacturing news are increasing production efficiency by reducing cost and achieving the desired quality product with minimal wastage, reducing time-to-market, reducing operations and maintenance expenditure, increasing asset-life and monitoring the supply chain in real-time. As this influences competitiveness of manufacturers immensely, Asian manufacturers set themselves up to invest extensively to improve their global standing and become more competitive, according to the same source.

ASEAN manufacturing market

The following takes a closer look at the ASEAN market, to gain an indication of its potential for IoT implementations. In their 2014 report McKinsey stated that even though economies in the ASEAN region are at vastly different stages of development, they all share immense growth potential.

The report illustrates that the region is already a major manufacturing hub, with three developments which will further fuel its potential:

  1. Implementation of the AEC integration plan, which aims to increase intra-regional and global trade, attracting more production from multinationals
  2. Rising labor costs in China
  3. Application of big data and mobile Internet, disruptive technologies where many ASEAN manufacturing firms lag behind their multinational counterparts.

The technology opportunity is still waiting to be harnessed in ASEAN. But manufacturers in Asia are increasingly searching for theses competitive solutions, as research by MGI stated that, disruptive technologies could increase profit margins and lower costs, potentially creating US$25 billion to US$45 billion of annual economic impact in ASEAN by 2030.

Numbers and market composition

When consulting the 2015 Frost & Sullivan IoT report, it becomes apparent, that manufacturing is one of the main IoT drivers in the APAC market. It is and will be the biggest sector in IoT spending. According to the report it contributed 30% of the IoT spending in 2014 and is expected to rise up to 32% of total spending in the APAC region by 2020, which equates to about US$ 79 billion.

The following graph displays current and expected IoT expenditure in manufacturing industries in the Philippines, Thailand, Malaysia and Indonesia. We find these markets of high interest, as they are not as fiercely competed over yet, but nonetheless offer huge potential and stakeholders that lookfor partners and solutions to boost their competitiveness.

In its 2014 report “Understanding ASEAN: The manufacturing opportunity” McKinsey illustrated the main manufacturing industries of these four countries who could benefit from IoT solutions. In the following these points will be summed up in brief form.

  • The Philippines other than its neighboring economies has been slow in the transition from agriculture to manufacturing, which results in lower levels of investment, which are spread across a broader set of industries. The semiconductor and electronics industry accounts for the majority of the country’s exports, led by large foreign investors such as Amkor, Canon, Samsung, Sunpower, and Texas Instruments. But due to its deep pool of skilled labor and a sizeable local market the Philippines has the potential of immense growth despite its relatively low levels of manufacturing investment.

  • Malaysia’s economic growth can be traced back among other things to heavy investments in transport equipment and electrical machinery which represents 40 percent of its manufacturing FDI from 2009 to 2013. It might be less known for being also a hub for aerospace manufacturing, with investors such as Honeywell, JMI Aerospace, and Spirit AeroSystems establishing plants in the country. In 2013 the country’s principal investment promotion agency, MIDA, identified the following key manufacturing sector industries: Aerospace, biotechnology, advanced materials and intermediate goods manufacturing.

  • Thailand is the manufacturing hub for motor vehicles and components in the ASEAN region. It currently is the 17th largest global manufacturer and number 14 in auto production, according to Industryweek. In the automotive sector the country has gained a relatively low-cost but skilled workforce through its long history of automotive manufacturing coupled with strong government support. Additionally, it has built a strong cluster of local suppliers and supporting vehicle component industries.

  • Indonesia boasts an abundance of mineral resources. Therefore its main focus is primarily on basic metals manufacturing and mineral-based production, which accounted for 42 percent of the country’s manufacturing FDI from 2009 to 2013 and triggered especially Chinese investments in iron and alumina smelters in Indonesia. Other leading manufacturing sectors include automotive, fabricated metal products, plastics, and rubber. The government has additionally been pushing for an increase in foreign and domestic direct investments in sectors such as pharmaceutical manufacturing.

As we work with local telcos & government agencies to invite enterprises to attend the Asia IoT Business Platform, we found interest from the local manufacturing firms to be overwhelming.

Manufacturing & Industrial Automation will be a big theme in 2016, especially in Thailand and Indonesia.

If you would like to meet the local stakeholders or would like to discuss this issue please feel free to contact us.

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[:en]IOT THAILAND

The Internet of Things (IoT), a concept that describes a state where every day physical objects will be connected to the internet and be able to identify themselves to other devices has become increasingly prominent in every industry. According to Gartner 6.4 billion connected “Things” will be in use in 2016, which is an increase of 30% to 2015.

One market that offers great possibilities but has not been exploited to its potential is the ASEAN market. Often companies are discouraged by perceived insufficient infrastructure within those countries, but in the relatively uncontested market of Thailand this is changing. The arrival of 4G wireless broadband networks as well as the proliferation and affordability of devices that are connected to internet will fuel the IoT technology adaption in Thailand. In an interview at the 2015 edition of Asia IoT Business Platform Sigvart Von Eriksen, CMO of DTAC stated that he is convinced that the IoT market in Thailand will explode in near future, featuring more than 400 million connected devices in Thailand alone in about 4 years’ time.

Numbers and sectors of IoT interest

According to a Frost & Sullivan report, Thailand’s IoT spending in 2014 amounted to US$ 57.7 M. This is forecasted to increase by over 1600% to US$ 973.3 M in 2020. The majority of this spending takes place in manufacturing and logistics. Thailand currently is the 17th largest global manufacturer and number 14 in auto production, according to Industryweek. A 2014 McKinsey report states that “Thailand has built a thriving ecosystem of manufacturers and assemblers, including BMW, Ford, Honda, Mazda, Mitsubishi, Nissan, and Toyota. Its long history of automotive manufacturing coupled with strong government support has created a relatively low-cost but skilled workforce in the sector.” As the government plans to position itself as the center of the ASEAN Economic Community, the prominence of manufacturing is forecasted to increase, which will also increase its potential for IoT. The value of IoT in logistics is also expected to rise, as a new law by the Department of Land Transport (DLT) has taken effect this January, which will require public buses, trailers and trucks with over 10 wheels to install GPS navigation systems, that provide real-time information to DLT service centers on the vehicles coordinates, travel speed and driving time. Due to these developments both manufacturing and logistics are expected to increase to a total value of around US$ 445M by 2020, according to Frost & Sullivan.

Future potential according to the same report and judging from developments in our event in Thailand can be observed also in the smart city and healthcare sector.

Smart city and government IoT initiatives

Thailand is on the move to become ASEAN’s digital infrastructure hub by 2020, states Ms. Jeerawan, chairwoman of the Software Industry Promotion Agency. The government’s determination to drive digital growth finds its expression in multiple ICT and IoT initiatives. These initiatives include smart city plans in cities like Phuket, Chiang Mai and Bangkok as well as greater campaigns e.g. smart Thailand. The ICT Ministries vision for Phuket and Chiang Mai is that of a tech start-up community, that further supports the intention to turn Thailand into the digital hub of ASEAN, explains The Nation.

To further boost the country’s competitiveness ranking in the world Thailand is pushing its Smart Thailand project, which according to Anudith Nakornthap, the ICT minister, will further empower local stakeholders such as the education and business sector and will cut the costs of using ICT, herby improving the quality of life within the country. If realizing this plan broadband will increase its reach from 33% to 80% of the population in the next three years, reaching 95% in 2020, according to Nation Multimedia.

For its ambitious project, the ICT ministry has develop a digital economy master plan, which according to The Nation entails two phases:

  1. Main domain missions: hard infrastructure, soft infrastructure, service infrastructure, digital economy promotion and a digital society.
  2. Pilot projects centered on e-commerce, e-education, e-industry and e-government.

To manifest these projects the country is actively searching for partners to collaborate with, which represents a great potential for IoT and ICT solution providers. According to the Bangkok Post the ICT ministries of three ASEAN members plus South Korea have expressed interest in participating in the development of Thailand’s digital infrastructure as well.

Healthcare

Although the healthcare infrastructure might on a nationwide scale have some shortcomings, especially in rural areas, Thailand still can boast with highly technical and advanced hospitals as well as educated doctors in urban areas. Compared to other countries like the US or Australia treatment in Thailand comes at a more reasonable price. This is the reason for Thailand’s prominence as one of the main medical tourism destinations in Asia. According to a CNN documentary 1.1 million foreign medical tourists visited the country in 2013. As hospitals have to compete for part of their clientele globally, they tend to be very active in looking for new services and devices to increase competitiveness as well as becoming more efficient internally. Recently the interest therefore has shifted to IoT applications.

Another challenge the Thai healthcare system has to tackle in the near future is an aging population. The median age has risen from 19 to 38 within the las 50 years and will continue to rise to 51 by 2050, according to Worldometer. In order to deal with the subsequent consequences, the Thai government, hospitals and consumers are looking for solutions within the healthcare sector, which presents an unprecedented chance for IoT companies.

Another indicator for the rising demand and prominence of IoT in Thailand is, that its largest private company Charoen Pokphand Group (CP) recently created an IoT subsidiary, to help with applications in the field of farming, agriculture and logistics.

If you like to participate in the Thai ICT and IoT development or want to meet key stakeholders and learn from relevant case studies at the 8th edition of Asia IoT BusinessPlatform in Manila, please feel free to contact us under Jazon@industry-Platfom.com or under +65 6733 1107[:]

[:en]We spent a large part of the year in the cities of Manila, Bangkok, Jakarta & Kuala Lumpur speaking to local enterprises about this (too) broad & (too) overused term: the Internet of Things (IoT). We discovered very quickly that while IoT seems to be very much over/wrongly-used in the English speaking world, there really isn’t a direct local translation in these 4 countries. For local enterprises in these countries, they see IoT as an extension of Enterprise IT, without having a definition/term for it.

In our mid year review (Bringing IoT to a Population of 600 million), we summarized how IoT applications can be applied to these 4 countries, with some projects already being put in motion, while others remain quite far from realization. As we near the end of 2015 (with every Starbucks in the region starting to play Christmas carols and serve Peppermint mocha lattes, ha!), lets look back at the industries in the region where the conversations involving IoT projects are more pertinent.

Manufacturing

This industrial segment was not something we focused on in 2015 but as we worked with local telcos & government agencies to invite enterprises to attend our events, we found the interest from the local manufacturing firms to be overwhelming. We should have known. In this part of the world, countries such as Thailand, Vietnam & Indonesia are increasingly important global players in the space. While granted, these countries are chosen because of low labour costs, locally run vendors & OEMs are very proactive when it comes to technology implementation within their factories (technology implementation is a lot more attractive when you’re experiencing double digit growths vs no/low growth environments). Plus, legacy IT systems/culture are a smaller problem in young, growing firms.

Among others, we had the opportunity to speak to several representatives from one of the world’s largest cigarette manufacturer. The local entity is owned by an international parent but because they produce a slightly different product (close to 90% of locals in Indonesia smoke kretek), they couldn’t implement manufacturing processes wholesale from their parent company. Another cliche with much truism:- Think Global, Act Local.

Manufacturing & Industrial Automation will be a big theme in 2016, especially in Thailand and Indonesia. Macroeconomic conditions (weaker local currencies, young workforces etc.) have also made these locales more attractive to international companies looking to set up manufacturing facilities – and technology, when used properly, can overcome (some) productivity inefficiencies usually associated with emerging countries.

Healthcare

In the more developed countries, the ageing demographics make Healthcare a natural topic of discussion. Remote monitoring/diagnostics is important not only in elderly care, but for archipelagos like Indonesia & Philippines. We found that in this part of the world, implementation of such systems are being driven largely by the government agencies and young startups.

Some notable implementation in the region: In Singapore, applications like Healthcare ATMs have been rolled out and in Philippines, local startup Medifi implemented a pilot earlier this year, with plans of expansion to other Southeast Asian markets soon.There’s always a buzz during the Healthcare segments of Asia IoT Business Platform, simply because it’s something which all of us relate to.

Distribution, Transportation, Logistics & Freight

I am reminded of a conversation I had with the owner of a logistics company in Manila who was a native English speaker but wasn’t familiar with the term “IoT”. But talk about telemetry, control software, sensors which track everything from his vehicle locations to petrol levels – and he’s in his element. His company was growing very quickly and he was in the process of modernizing its systems to:

1. Create efficiencies
2. Gain better control/insights
3. Account for future growth

(If #1 and #2 do not make up the classic definition of IoT, I don’t know what is!)


In countries like Indonesia & Philippines, the Distribution, Transportation, Logistics & Freight segment have employed M2M technology for years. On the other hand, because of the low cost of labour, many companies still use manual methods to achieve the same goals:- instead of sensors, some Indonesian freight companies send “spies” to follow the drivers of their trucks to ensure that they do not siphon off petrol in their vehicles to be resold!

Which types of companies do well in the Enterprise IoT space in Southeast Asia?

It’s a given that IoT will change business landscapes globally over the next 5 years, but it’s interesting to note that because of the uniquely local problems that enterprises face in this part of the world, the companies that are best positioned to take advantage are those with a big local presence.

Telcos: With the need to connect millions of devices, IoT provides a new revenue stream for the local telecommunications companies. This is reflected in the setting up of IoT/M2M teams in most local telcos in the four countries. These firms now run their own revenue targets (aggressive ones!) and we can only see this portion of their business growing over the next few years.

Large Multinational Vendors: This goes without saying. These companies have been deeply entrenched in the local infrastructure – the Microsofts, Intels & Schneiders of the world. They have established relationships with local enterprises and the advent of IoT technology will make them natural partners to enterprises looking to upgrade their systems to fully realise the benefits of IoT.

Local Startups: We have had the pleasure of working with many new companies who understand local problems intimately and are flexible enough to work around the lack of standardization within IoT. They are providing innovative & cost effective solutions to small medium enterprises in these countries. There were a lot of enterprises interested in presentations given by companies like N’osairisVersafleet & Medifi in 2015 – and the best part is, we are seeing projects being implemented.

International Vendors with a presence in Southeast Asia: Over the years, we’ve seen this group of companies increasing as they realise the potential of the market here. In 2015, we’ve had more interest from international firms than we’ve ever had. But we’ve noticed that those who have invested heavily in the region (companies like ThingworxAxiros, Sigfox etc.) by being present locally and building a dedicated team have reaped the largest rewards. There will be an inflexion point in this market and it remains to be seen if the first movers stand to benefit more than latecomers. I believe they will.

There are other developments within the B2B2C space (of course – Southeast Asia has over 600 million consumers!) but that warrants a discussion of its own.

If you’re interested in IoT/M2M developments in Southeast Asia, do drop us a note with your thoughts. We are currently in the planning stages of our 2016 events to be held in Philippines (23 – 24 May 2016), Thailand (26 – 27 May 2016), Indonesia (15 – 16 Aug 2016) & Malaysia (18 – 19 Aug 2016). See you in the region if you do decide to drop by.  [:]

[:en]With Industry 4.0. becoming a widely known term, conversions about IoT in manufacturing are taking place in more and more companies.

Developments in IoT manufacturing

The manufacturing segment of the IoT market is forecasted to increase to USD 13.49 Billion globally by 2020 with a compound annual growth rate of 26.9%. The expectations for IoT in manufacturing are mainly centered around the IoT’s impact on lowering operational costs of companies. Other reasons for IoT investments include advantages in retaining customers, attracting new customers, improving service and support.

Current IoT investments that are unique to the manufacturing environment are taking place in three major initiatives:

  • Smart manufacturing to increase production output, product quality, or operations and workforce safety as well as lower resource consumption
  • Connected products to impact product performance, including collecting detailed information on products in the field, remote diagnostics and remote maintenance
  • Connected supply chains to increase visibility and coordination in the supply chain, tracking assets or inventory for more efficient supply chain execution

IoT in Southeast Asia

In the APAC countries the IoT adoption is in the early stages of growth, but this adoption is forecasted to mature rapidly between 2014 and 2020. The total spending on IoT in APAC countries is forecasted to grow from more than USD 10 Billion in 2014 up to USD 79 Billion in 2020. Not only will the amount of money spend on IoT solutions change, but also its distribution. Within the next years Singapore’s market share of IoT expenditure is supposed to shrink by half until 2020, while Thailand, Philippines, Malaysia and especially Indonesia’s market share will increase.

IoT manufacturing in Southeast Asia

When looking at IoT spending in APAC countries, manufacturing is and will be the dominant Industrial sector with 30% of total spending. According to the Frost & Sullivan IoT report, the investment in IoT solutions for manufacturing in the Philippines, Thailand, Indonesia and Malaysia is and will be as follows:

manufact stats

As we worked with local telcos & government agencies to invite enterprises to attend our current Asia IoT Business Platform edition, we found the interest from the local manufacturing firms to be overwhelming. Manufacturing & Industrial Automation will be a big theme in 2016, especially in Thailand and Indonesia. Macroeconomic conditions (weaker local currencies, young workforces etc.) have also made these locales more attractive to international companies looking to set up manufacturing facilities – and technology, when used properly, can overcome (some) productivity inefficiencies usually associated with emerging countries.

For more information on how you can participate in the IoT development in Southeast Asia please contact us directly here
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[:en]IoT is nothing fundamentally new as an invention. It has been there for ages in limited avatar. The closest or easiest examples to pick up will be various equipment’s in thermal power plants monitored and controlled through control systems; Centralized traffic control systems changing signal times based on volume of traffic or capturing shots of traffic law violation. Certainly these use cases were circumventing on industrial or large scale set ups with connections limited to LAN or WAN in the past.

The newer version is to pick up to reach Internet and scale from industries to fields to homes to handheld devices, as we all know. While business pragmatic experts feel that as of today IoT = Smart phones (meaning the scalability and realization of IoT ) in reality, now it is time for integrated industrial and social change for tomorrow to make it more scalable and useful. Look at RFID wave which was touted as big wave 8 years ago, it never picked up momentum because of limited industrial drive to commercialize it at an affordable cost, funding on a long term to drive large scale innovation as it takes years to bring changes and social risk or belief of snatching the privacy.

Why IoT, Why Now?
Modern IoT technology offers multiple advantages and capabilities not easily available to remote diagnostic devices of past decades. Wireless TCP/IP communication is available virtually anywhere around the globe at very low cost, and cloud services offer globally distributed storage and computing resources. Essentially, the entire communication infrastructure is owned by third parties that manage access, devices and data security, allowing service organizations to focus on the content rather than on setting up and manage the conduits.
Not only is the cost of setting up and managing the communication dropping, but also the cost of sensors, data acquisition and communication hardware continues to drop, making instrumentation and communication affordable.

Practically every piece of equipment is becoming a smart data-collecting node in an always-connected network. Secure connectivity and data exchange are no longer a challenge; they are a commodity.

Predictive Diagnostics
Predictive diagnostics models, machine learning and other techniques that attempt to extract knowledge from complex machine data and provide proactive service advice are difficult to build and maintain. One of the more interesting and complex challenges stems from the broad variability in the installed equipment, even among similar pieces of equipment. A couple of examples will illustrate this point.

Consider a fleet of trucks rolling off the assembly line and delivered to different operations. Some of these trucks are used for long distance cargo hauling, covering great distances cruising long hours at highway speed. Other trucks make short trips, some in urban areas and frequently in start-stop traffic. Over time, the different traffic conditions, cargo loads and even the operator’s driving patterns cause these trucks to wear differently. Add to those the inconsistent service and maintenance practices that often do not follow the manufacturer’s recommendations, and the trucks are no longer close facsimiles of the original truck that was used as the model for the predictive data analysis.

Building reliable failure prediction models for highly engineered assets has proven difficult. These models require large data sets that are continually updated to reflect that ongoing changes caused by built-in variability, wear and tear, and configuration changes over the life of these machine.
Manufacturing industry is one of the early adopters of IoT. Philippines and Thailand have already invested USD27.60M and USD 28.44M by 2014 in manufacturing. This number is expected to rise to USD144.06M and USD 327.87M respectively by 2020.

At Asia IoT Business Platform, we focus on bringing together the best-in-case examples of enterprise IoT, and localising the IoT discussion for the needs of the country. Manufacturing is one of the key focus areas for Philippines and Thailand. For the original article click here and for more informative articles on Iot visit Talha at Linkedin.[:]

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21.1

 

Happy New Year!

We’re excited: with Internet of Things (IoT) advancements and education being one of the most heavily invested and focused areas in most Southeast Asian countries, we foresee more developments and adoptions of IoT taking off in 2016.

Also read: Observations: Adoption of IoT in Southeast Asia, 2015

We are working with key advisors from governments and public sectors, local telcos, industry associations to formulate the most relevant topics for 2016. At the initial stage of discussions, we have identified the sectors that will benefit most from IoT and incorporated it in Asia IoT 2016 series which will take place in Philippines, Thailand, Indonesia and Malaysia.

Further references:

Lets have a look at the latest updates on the conference agenda.

IIOT and manufacturing

Manufacturing & Industrial Automation will see many opportunities in 2016, with macroeconomic conditions in emerging countries attracting international companies to set up manufacturing facilities.

As the Platinum Sponsor of the 7th edition of Asia IoT Business Platform: IoT Philippines, Globe Telecom will be speaking on transforming business process management in manufacturing from warehousing to shipping to installation.

Case studies on advanced manufacturing and smart factory applications in Korea by Korea Evaluation Institute of Industrial Technology and Germany’s experience with Smart Factory
 by Fraunhofer IAO will also be shared at the 8th edition of Asia IoT Business Platform: IoT Thailand.

Transport & Logistics

In countries like Indonesia & Philippines, the Distribution, Transportation, Logistics & Freight segment have employed M2M technology for years.

Also watch: Telkomsel to push M2M Indonesia 

We are happy to have Pang Mei Yee, VP, Head of Innovation, Solutions Delivery and Service Management – Asia Pacific of DHL to share on how to leverage Big Data in logistics at our conference in May.

Also watch: Scania case study on a connected Indonesia 

Smart City

It is no longer news that governments in Southeast Asia are upping their push to Smart Nation status, going all out to integrate smart technology into everyday devices for both the benefit of society and the economy.

At the coming Asia IoT Business Platform in Bangkok, introduction to Thailand’s first smart grid electricity project to improve the country’s energy management and performance in areas of 0900 power generation, transmission and distribution by Pongsakorn Yuthagovit, Deputy Director System Planning of Provincial Electricity Authority will be an interesting presentation for companies looking to tap into the Thai market.

We are also bringing in Turkcell’s case study on theft prevention of transformers using GPRS based security system for reference.

Also read: Asia IoT – Empowering Smart Cities
Also watch: Valencia Smart City Strategy 

 

Big Data, Cloud, Security

As IoT growth takes place, there will be a need for infrastructure and applications that can leverage cloud architectures and service delivery models. Increased demand for IoT applications will boost demand for cloud computing in Asia, as the use of on-premise systems will be unlikely to provide the same efficiencies that the cloud offers.

With support from partners including Software Park Thailand, the Storage Networking Industry Association (SNIA), the Association of Thai Software Industry (ATSI), the Association of Thai ICT Industry (ACTI), InfoComm Technology Association of the Philippines (iTAP), Semiconductor and Electronics Industries in the Philippines Foundation (SEIPI), Asia IoT Business Platform is looking to bring in relevant solution providers in this area for the benefits of IT divisions among end users invited.

Healthcare

IoT healthcare was the buzzword in 2015 with increasing attention for data protection and treatment efficiency.

Due to overwhelming response at the 6th edition of Asia IoT Business Platform: IoT Malaysia last November, Dr. Dhesi Baha Raja, Exponential Medicine Physician from Singularity University NASA Ames Research Center, GSP15, Phua Kok Soon, Senior Research Engineer, Agency for Science, Technology and Research (A*STAR) and Yau Teng Yan, Chief Medical Officer of Holmusk will be back to speak on artificial intelligence in medicine, importance of tele-health and big data to fight chronic diseases.

 Also watch: Healthcare to benefit from IoT by Dr. Dhesi 

Banking & Finance

 Mobile payments and e-commerce are huge opportunities for Asean countries. Based on our conversations with various IoT statekholders at our 2015 events, mobile payments are expected to offer major opportunities for traditional point of sale players to move into upcoming mobile payment platforms in APAC. 

Speakers confirmed for 2016 include Kerem Abuc, Mobile Financial Services Supervisor from Garanti Bank and Lesley-Ann Vaughan, Project Manager of M-PESA. They will be bringing in discussions on “Driving through mobility: Employing more IT and gadgets to attract and retain customers” and “African case study: Creating a reliable mobile banking platform for developing markets”

Also watch:

Moving forward: Asia IoT 2016

Asia IoT Business Platform strives to be the leading educational platform to raise IoT adoption in the region.

With the potential and ability to streamline and provide larger time and cost savings to a broad spectrum of enterprise tasks, opportunities for IoT adoption in Southeast Asia are proliferating. It is encouraging to see governments, telcos, industry-leading manufacturers, service providers, software and systems developers getting actively involved in making the Asia IoT investments pay off.

What’s your take and predictions for 2016? Any suggestions on where we could potentially focus on?

Feel free to get in touch should you have any comment or feedback on Asia IoT Business Platform 2016 series in Philippines (23-24 May), Thailand (26-27 May), Indonesia (15-16 Aug) and Malaysia (18-19 Aug).

(Request for full agenda here)

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[:en]manila2

Francis Puno, Chairman of Southeast Asia Continua Health Alliance summarised the challenges of global healthcare as follows:

  • Missing healthcare Access
  • Population growth
  • Rural health
  • Lack of doctors
  • Ageing
  • Ebola crisis

Especially in Southeast Asian countries, such as Philippines which has close to 100 million inhabitants yet many rural areas and inadequate healthcare structures, it is difficult to provide a sufficient level of healthcare to all their citizens.

GTA-Manila-Healthcare

According to Gio Abaquin, Product Manager at SMART Enterprise, the solution to these challenges could be the Internet of things.

Puno and Abaquin both spoke at the 3rd edition of Asia IoT Business Platform: IoT Philippines on 10-11 February 2015, promoting the use of big data analytics, remote care, flexible patient monitoring and integrated healthcare solutions. IoT was regarded as the solution to lower the costs of healthcare dramatically while improving efficiency of treatment.

Smart-M2M-PR

The implementation of these technologies can unlock new business opportunities for startups as well as existing solution providers who are extending their services in healthcare. Unfortunately, many governments tend to shy away from such implementations as they require considerable investments. Not Philippines though, where most funds are being channeled to the healthcare sector, nearly doubling its budget within the last 2 years. This provides a strong foundation, where investments into new healthcare practices are made possible.

Manufacturing sector also looking to increase efficiency at lower costs

Beyond healthcare, JD Montelibano, Head of Product Management for Business Applications, Globe Telecom Inc. pointed out that the potential of IoT in manufacturing is substantial. He mentioned that the number of things connected to the internet surpassed the number of people on earth in 2008. “By 2020, there will be about 50 to 75 billion connected devices around the world.”

0911N-Murata_article_main_image

So how is the situation of manufacturing in Asia?

Also at the 3rd edition of Asia IoT Business Platform: IoT Philippines in Manila, Montelibano cited the IDC Asia Pacific manufacturing insights 2014 survey, which stated that “manufacturing in Asia is at a tipping point where traditional enterprise IT applications…have attained basic levels of maturity in isolation”. It further suggested that “it is time for a seamless integration between them”. Montelibano sees IoT solutions joined by the network capability of the telco providers as the possibility for this seamless integration, which could improve the performance of manufacturing in Asian markets immensely.

We are seeing a growing number of dedicated teams led by senior management in exploring IoT for their businesses in Asia. Maynilad Water Services, Singapore Power Telecommunications, Continua Health Alliance SEA WG have shared their local success stories at Asia IoT Business Platform events this year.

By focusing on senior decision makers from end users to our conference, we aim to increase the number of CIOs leading IoT adoption in Southeast Asia.

Gavin Barfield, SVP & Chief Technology Advisor to Manila Electric Company and Dr. Francisco Castillo, SVP & CIO of Maynilad Water Services are part of the Advisory Board for the 7th Asia IoT Business Platform: IoT Phillipines in Manila, 23 & 24 May 2016. The Board is responsible for advising on the content, themes, objectives and speakers for the conference to ensure what is presented is highly relevant and educational.

Request for a brochure here.[:]