Retail in Asia

In Trends

Maxis, Vodafone bring IoT solutions to Malaysia

Vodafone - Retail in Asia

Maxis Bhd has announced a partnership with London-based telecommunication company Vodafone Group plc to offer Internet of Things (IoT) solutions to Malaysian businesses across all industries.

The IoT, which is about connecting devices over the internet, allows objects to be sensed and controlled remotely across existing data networks, to improve efficiency, enhance customer experience, create new revenue stream, as well as automate processes.

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Speaking to reporters at a press conference, Maxis head of enterprise marketing and products Shanti Jusnita Johari said by pairing its local market knowledge and high speed data network with Vodafone’s expertise and market platform, it will deliver the technology required by local companies to implement in their operations.

Maxis head of new business enterprise Claire Featherstone said business-to-business (B2B) opportunity is expected to generate nearly 70% of potential value enabled by the IoT solutions.

Featherstone added there will be almost twice as many connected “things” as people in Malaysia. Globally, 25 billion devices are to be connected by 2020.

(Source: The Sun Daily)