Focus of forthcoming meet is to discuss IoT impact on Malaysian business

Kuala Lumpur, Aug. 4, 2016: Asia IoT Business Platform will be co-hosting its 10th edition  conference and exhibition with the Malaysian Institute of Microelectronic Systems (MIMOS), Malaysia’s national ICT R&D centre – under purview of the Malaysian Ministry of Science, Technology and Innovation (MOSTI).

Hexagon - internet of things

Image from Open Clip Art

The focus of Asia IoT Business Platform this year revolves around growing the Internet of Things (IoT) ecosystem in Malaysia. The 2-day conference will feature sessions including Smart Community, Smart Manufacturing, Healthcare, Intelligent Plantation and Transportation & Logistics.

Held in conjunction with the MyIoT Week from Aug 18, the conference and exhibition will bring together government officials, public sectors, and business leaders in IoT and Machine-to-Machine (M2M) sectors to discuss trends and opportunities of IoT, and its impact to businesses in Malaysia, according to a press release.

Over 400 local enterprises senior management that are exploring solutions for business growth and efficiency will attend the event to learn from case studies presented by end users and solution providers.

Asia IoT Business Platform, along with local government agencies, aims to educate enterprises that are currently facing difficulties in transformation of business models and IoT adoption, the release added.

Malaysia is aiming to be the premier regional IoT development hub: in July 2015, it launched its National IoT Strategic Roadmap. IoT implementation is expected to contribute RM9.5 billion (US$ 2.5 billion) to the country’s Gross National Income (GNI) by the year 2020 and RM42.5 billion (US$ 11.166 billion) by 2025.

Dato Ng Wan Peng will be a keynote speaker of the 10th edition of Asia IoT Business Platform, along with Dato’ Sri Dr. Noorul Ainur Mohd. Nur, Secretary General of MOSTI and YB Datuk Seri Panglima Madius Tangau, Minister of MOSTI.

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