Intel Malaysia and the Multimedia Development
Corporation Shares Strategic Vision for the Internet of Things in Malaysia at
Industry Roundtable Session
KUALA LUMPUR, June 24, 2014 – Not since the invention of the
Internet itself has there been a buzzword as hot today as the Internet of
Things (IoT). At the most basic level, IoT consists of “things” that are connected
to the internet; enabling a richer way of living and working by making things
smarter. These “things” can range in shape and size from a person with a heart
monitor implant that alerts assigned next of kin in case of emergencies to a
car with a built-in sensor to keep the driver informed on its fuel-efficiency.

With the almost limitless possibilities in the number of things
capable of being connected to the Internet, there could be as many as 25
billion devices connected to the Internet by 2015 and 50 billion by 2020. As
more things generate a wealth of data, the IoT is also accelerating the
accumulation of big data stores. According to Gartner, 35ZB of data from things
will generate $2 trillion in value by 2020.
Speaking at an industry roundtable session, Intel Malaysia
and the Multimedia Development Corporation jointly outlined a strategic vision
for the Internet of Things in Malaysia – providing a framework to guide
Malaysian digital entrepreneurs keen to secure their stakes in the business of
IoT.
“The term “the Internet of Things” was actually coined
nearly 20 years ago by professors at MIT to describe a world where “things,”
which can be devices or sensors, are both smart and connected, with the ability
to collect and share data,” said Prakash Mallya, Country Manager Sales and
Marketing Intel Malaysia and Singapore at the roundtable. “In Malaysia, Intel
has been working with local talent to develop the groundwork and foundations of
IoT via our Intelligent Systems Group based out of Intel in Penang.”
“That being said, no single technology provider can enable
the IoT alone. So it makes sense that fulfilling its promise requires
collaboration,” Mallya added. “Intel is at the center of a vibrant ecosystem of
organizations – including government regulators and agencies such as MDeC – that
are speeding the development of the IoT in industries and applications
everywhere.”
“From a broad perspective, the global digital economy is
expected to grow to RM156.5 Trillion by 2020,” said Hasannudin Saidin, Director
of Digital Entrepreneurs division in MDeC. “In addition to that, the strong
growth of domestic demand for digital products and services presents huge
opportunities for Malaysian digital entrepreneurs.”
As driver of the national ICT initiative, MDeC is committed
to facilitating the development of IoT in Malaysia as we strive towards a
developed digital economy by 2020. Malaysia already has a lot of the IoT ecosystem
elements in place and having private sector partners such as Intel Malaysia will
undoubtedly drive technological uptake on IoT amongst local SMEs.
While concurring with Saidin, Mallya was also quick to
highlight several points digital entrepreneurs must consider before embarking
on IoT business ventures; that they must connect things to the cloud, integrate
their innovations with existing infrastructure, manage and analyze the data
things generate while ensuring the security of such data gathered.
“Intel has a strong heritage,
developing silicon, software and services, and has delivered integrated solutions
within vertical segments including retail, industrial, healthcare, digital
surveillance and automotive. Likewise, Intel’s IoT focus spans from Quark to Xeon; devices to data centres; hardware and
software, security and devices; and is delivering products and
technologies that embed intelligence into everyday objects,” said Mallya. “Intel
is also focused on accelerating the
development and deployment of intelligent devices, connecting legacy
devices to the cloud and enabling
end-to-end analytics to transform business through the new Intel
Gateway Solutions.
Also present at the roundtable
session to make a case for the opportunities in IoT was Sim Hon Wai, General
Manager of MDT Innovations Sdn. Bhd. MDT Innovations Sdn. Bhd. was among the
three grand winners from Malaysia to capture a winner’s trophy in The
Communications category at The International APICTA Award Ceremony 2013 for its
solution “Near Field Communications (NFC) in SIM Card, empowering all mobile
phones to become NFC Tags”. “We’ve recorded a nearly triple growth in revenue
for MDT Innovations in 2013 when we shifted our focus and re-strategized sales
to focus on IoT devices,” said Sim. “There is definitely a lot of potential in
IoT and we look forward to working with organisations like Intel Malaysia and
MDeC to take our company to the next level.”
For more information about Intel’s end to end IoT solutions,
visit: http://www.intel.com/content/www/us/en/internet-of-things/overview.html
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