SINGAPORE, Jan. 27, 2016 /PRNewswire/ --
Governments and telecommunication operators in the Philippines, Thailand, Indonesia and Malaysia are actively exploring opportunities offered by the Internet of Things (IoT) and Machine to Machine (M2M) technologies in the region.
The Philippines recently posted a GDP growth of 6.3%, as well as a sustained IT spending growth of 10.1%. Gil B. Genio, COO of Globe Telecom Inc. pointed out that the IoT's potential is substantially driven by the Technology, Media, and Telecommunications (TMT) sectors, while mobile network operators (MNOs) will continue to be relevant with their existing network customer base, sales channels, billing and support systems. Similarly, we will see more than 400 million connected devices in 4-5 years' time in Thailand alone, according to Sigvart Von Eriksen, CMO of DTAC -- while we are still below 1 million right now. "The IoT market in Thailand will explode in near future, which should not come as a surprise given the active role government is playing," he added.
An IoT roadmap for 2016 was rolled out by Telkomsel in Indonesia. A new breakthrough in the automotive sector, namely T-drive, was developed to monitor driving behaviour performance for safety on top of the current car tracking and fleet managemnet solutions they had. "IoT in Indonesia is a limitless opportunity - we are committed to building this ecosystem," said Ririek Andriansyah, President Director of Telkomsel. As for Malaysia, IoT market potential is predicted to register US$2.2 billion by 2020. Dato Ng Wan Peng, COO of MDeC said, "Not only addressing the supply of IoT, we want to raise awareness among end users and create demand to drive digital adoption and economy growth. Our aim is to turn Malaysia into a matured digital economy by 2020 - to connect and empower government, business and people."
To leverage on the interest from local governments and telcos, the Asia IoT Business Platform 2016 series in the Philippines, Thailand, Indonesia and Malaysia will bring together end-users, platform providers, policy makers and solution providers at a single platform to forge mutually-beneficial partnerships. The series will showcase the value and economic impact of IoT/M2M solutions, including improving private and public sector enterprise productivity, and harnessing ICT and networks to alleviate problems in dense capital cities.
Zaf Coelho, Project Director of the Asia IoT Business Platform said, "Southeast Asia offers tremendous opportunities in terms of the scale and usage of IoT/M2M solutions, leveraging technology through key enterprise and policy decision making, leading the entire ASEAN region's transformation."
This coming May, the city of Yokohma has been engaged to present a case study in Manila, Philippines as reference for smart city projects, while DHL will be sharing information on how to leverage Big Data in the logistics sector. In Bangkok, the Korea Evaluation Institute of Industrial Technology will discuss advanced manufacturing and smart factory applications - which is a main focus in Southeast Asian cities.
"This is a platform for leaders in IoT/M2M to gather and foreground the opportunities in emerging Southeast Asian countries. Ultimately, we are trying to help to catalyse the realization of a smart city for these Southeast Asian nations," added Zaf.
About The Asia IoT Business Platform
With a focus on local telecommunication companies and verticals, the Asia IoT Business Platform is an educational platform crafted by the industry, for the industry, with the aim of addressing key issues facing the adoption of M2M and IoT technologies in the ASEAN region. We drive enterprises to understand and learn about the adoption of M2M and IoT technologies for their business, driving efficiency and increasing revenue. We also work with the public sector to shift technology policies.
Since its inception in 2014, the Asia IoT Business Platform has secured strong suppport from local governments and telecommunication companies for the past 6 editions. The 2016 series have been launched and further editions have been confirmed on 23-24 May in Manila, 26-27 May in Bangkok, 15-16 August in Jakarta and 18-19 August in Kuala Lumpur.
Dates and Locations:
For more information please visit www.iotbusiness-platform.com or follow us @ASIAIoT.
About Industry Platform Pte Ltd
Industry Platform Pte Ltd is a Singapore incorporated firm focused on the global telecommunications sector. We are Southeast Asia's leading organizer of Machine-to-Machine (M2M) and Internet of Things (IoT) conferences and exhibitions. We work with local and global businesses, as well as public sector bodies and associations who are looking to expand their reach in Asian markets. We provide the best platforms for industry professionals to network and shape developments.
For more information, please contact:
Sue Yuin, Ho
+65-6733-1107
sueyuin@industry-platform.com
