connected Malaysia. This is a country where road sensors communicate on a
city-wide network, where industry uses advanced data analytics to drive
efficiency, where remote monitoring and digital collaboration open-up
opportunities for a nation.
Internet of Things (IoT) Strategic Roadmap
estimates this world of connected devices could deliver as much as RM9.5
billion to gross national income by 2020, creating an additional 14,000 jobs,
and leveraging the country as a regional digital hub. Malaysia certainly sits
on encouraging foundations, with high digital penetration, strong data
connectivity, a skilled workforce and focus on vital STEM learning.
consultants from McKinsey estimate as much as 40%
of all value in the Internet of Things will be realised in developing nations that are able to move quickly and innovate to success.
Malaysia is well positioned to become such a country, but key to realising that
value, will be our industrial internet of things (IIoT).
What Can the Industrial Internet Deliver?
GE estimates the
IIoT could add as much as US$15 trillion to the global economy by 2030. It will
transform the industry, open up opportunity, and play a vital role in generating the
benefits of a fourth
internet of things means a world of connected industry. As the world’s premier
digital industrial company, GE is excited to play its part in delivering that
in Malaysia. That is why on the 5th of November, 2016, GE and the
Malaysian Digital Economy Corporation (MDEC) signed
a memorandum of understanding to collaborate on growing Malaysia’s IIoT.
But while global
growth estimates an exciting window into this future, it can sometimes be
a distant view. So, what could the IIoT really deliver for Malaysia? Join us,
as we imagine a connected Malaysia.
Imagine better roads
Malaysia where secure, interconnected smart city networks communicate to create
a seamless transport eco-system. This could deliver real benefits to the 75% of
Malaysia’s population living in urban environments.
integrated city-wide networks, a developed industrial internet provides the
capability for intelligent sensors on infrastructure elements such as street
lighting, allowing data to be analysed and utilised to deliver better road
systems and traffic flow. With fully-autonomous cars widely predicted to start
taking to the world’s streets at the start of the next decade, the
opportunities for this integrated, connected technology is even more exciting.
urban network combined with secure, industrial internet analytics could provide
huge civic benefit. With a World Bank study estimating that traffic in the
Klang Valley alone cost
the economy around RM20 billion in 2014, that is significant opportunity for
savings - aside from the wider health benefits of safer roads and reduced
Imagine a better rail network
railway where billions of data points communicate to increase efficiency not
simply on individual trains, but across a whole network. Implementation
of GE smart software in the US has enabled rail networks to save US$197 million
in fuel costs, with trip optimiser software improving fuel efficiency and
reducing emissions by around 10%.
As rail links
across an increasingly inter-connected ASEAN region grow, integrating into our
wider domestic network, IIoT infrastructure offers the opportunity for greater
efficiency, reduced pollution, and may potentially reduce the overall cost of
Imagine cleaner skies
already realising the benefits of cleaner skies, through an extensive collaboration
between GE and Air Asia. GE’s Flight Efficiency Savings combined with the power
of industrial internet have assisted Air
Asia to save up to 60kg of fuel each flight, with as much as US$50 million
savings over a 5 year period.
That means lower
costs for Air Asia, reduced pollution in the skies above ASEAN, and a positive
impact on the affordability of air travel throughout the region.
Imagine better healthcare
devices and smart communications mean that healthcare is more advanced, and
more accessible, than ever. Imagine a
Malaysia where a specialist consultant in KL can work with real time data from
diagnostic devices or robotic
tools in Sarawak, offering
first-class specialist care to a patient in need at a remote location.
doesn’t simply provide remote connectivity, but greater efficiency in a wider
healthcare environment. Industrial internet capabilities allow software solutions which reduce patient wait
time, streamline work tasks and offer a better overall patient experience.
Imagine brilliant factories
connected manufacturing sector using real-time analytics and remote monitoring
to help deliver greater safety and efficiency to factories the length of
Malaysia. Growth in IIoT investment in manufacturing globally is estimated by
some to reach a CAGR of 26.9%
internet applications can reduce unplanned
downtime, reduce required inventory and help increase productivity. A connected sector means
having the data for Malaysia’s manufacturing to stay competitive, and continue
Imagine a better energy network
internet capabilities mean opening up a more efficient energy network, creating
greater efficiency that help generate energy for lower costs and with less
combined-cycle gas power plant could save
up to US$50 million in net present value over 10 years by utilising
advanced data analytics. Meanwhile innovative distributed power solutions with
remote diagnostics can provide vital power generation to rural communities in
Malaysia, utilising data analytics to reduce downtime and ensure uninterrupted
This is our connected Malaysia
The realities of
our connected world are already being realised. This is a world where
collaboration and innovation form the foundations for a smarter tomorrow. GE is
excited to be a crucial part of that collaboration here in Malaysia.
highlights just some of the exciting opportunities in this world of connected
industry. Key to delivering these benefits will be the interoperability
future connected networks, and our ability to work together. GE have a long
history of collaborating with innovators in partnerships that realises results.
In the realms of industrial internet, that’s more important than ever.
internet provides the capabilities to help us build a brighter future. This is
a world of innovation, where connectivity creates opportunity. This, is a