The IoT Market Potential
Malaysia has rolled out the Industry4WRD policy, with the aim to drive digital transformation in the manufacturing and related services sectors in the country. The objective of the national policy is to position itself as a primary destination for smart manufacturing globally and attract more high-tech investments. Industry4wrd aims to increase labour productivity by 30%, achieve RM 392 billion (US$ 93.9 billion) contribution to GDP by the manufacturing sector and 35% high-skilled workers in manufacturing sector by 2025.
GSMA predicts that by 2025 a fifth of the total cellular connections in Malaysia will be on 5G. RM 21.6 billion (US$ 5.2 billion) was approved for the National Fiberisation and Connectivity Plan (NFCP) which is a 5 year plan running from 2019 – 2023. NFCP’s main targets include the provision of an average speed of 30 Mbps in 98% of populated areas and gigabits availability in selected industrial areas by the year 2020 and all state capitals by 2023. RM 210 million (US$ 50 billion) has been allocated to accelerate the deployment of new digital infrastructure for public buildings, especially schools, as well as high impact areas such as industrial parks.
The 36th edition of Asia IoT Business Platform will be held in Kuala Lumpur.
Restructured to meet digital economy challenges (The Star)Malaysia Digital Economy Corporation (MDEC) underwent organisational restructuring to reinvent its role as the leader of Malaysia’s digital economy. MDEC…
RCEP to pave the way for economic recovery (The Star)From left: Foreign Minister Datuk Seri Hishammuddin Hussein and Azmin observing the closing ceremony of the 37th Asean Summit on…
How digital payments unlocks new growth corridors in SEA (Manila Standard)It is easy to understate the impact of COVID-19 to the future of business. For certain industries, like retail, it…
2020 Advisory Board
The Advisory Board is made up of key IoT stakeholders from the public and private sectors and across the IoT supply chain. The esteemed Advisory Board advises on the content, themes, objectives and speakers for the conference to ensure content presented is highly relevant and cutting-edge, offering guidance into overall program development.
This year’s Asia IoT Business Platform programs will focus on concrete discussions between IoT solutions providers and end users to understand enterprise digital transformation and businesses’ IoT adoption in Malaysia. Esteemed speakers from across different industries will be providing insights on issues, challenges, and developments in the local IoT landscape.
Sponsorship & Exhibitions Opportunities
Asia IoT Business Platform is a dynamic business program that helps you to understand more about the enterprise IoT market in Malaysia as well as the needs and challenges of your potential clients and partners. Leverage the program to establish important connections for your business development in Malaysia.
2019 Participant Snapshot
The 29th edition of Asia IoT Business Platform in Malaysia brought together stakeholders from government, telecommunications, manufacturing, logistics, transportation, healthcare, finance, and other relevant sectors to explore the possibility of adopting IoT solutions for business efficiency.