IoT Now: Can you summarise your objectives and indicate the key stakeholders who are driving the transition to a high-income knowledge-based digital economy?
MDEC: The ever increasing need, demand and supply for Internet-related products and services is driving that transition. The opportunities forecasted by our National IoT Strategic Roadmap indicate revenues of RM9.5 Billion in 2020 (US$2.3bn) and RM42.5 Billion in 2025 (US$10.2bn).
The roadmap was launched by the Ministry of Science, Innovation & Technology with key stakeholders, including government agencies like MIMOS, our national R&D ICT centre; MIDA, the Investment Development Authority; MIGHT, Malaysia Industry Government Group for High Technology, and a few others, which are driving the proliferation and adoption of IoT in Malaysia.
