BUSINESS

TWENTY POTENTIAL WINNERS SHORTLISTED UNDER MAXIS IOT CHALLENGE

09/07/2019 06:18 PM

KUALA LUMPUR, July 9 (Bernama) -- The Maxis Internet of Things (IoT) Challenge, which was launched in May, has shortlisted 20 potential winners to attend a technical workshop, where they will collect their IoT Challenge Kit to create their respective prototypes.

In a statement, Maxis said the categories that made it to the shortlist were smart cities (nine finalists), smart manufacturing (four finalists) and smart agriculture (seven finalists).

The challenge is done in partnership with the Malaysia Digital Economy Corporation (MDEC) to promote the ecosystem development of IoT solutions among companies to spur the Malaysian digital economy.

Maxis chief enterprise business officer Paul McManus said the company remained committed to shaping and accelerating the benefits of IoT adoption for all Malaysian businesses, and championing Industry 4.0 initiatives in the country in line with the government’s digital economy agenda.

“When we introduced the Maxis IoT Challenge, our goal was to provide a platform for untapped talent to think about new ways to solve real life business problems using smart solutions, particularly in narrowband-IoT  (NB-IoT) – whether it’s to make cities safer, improve yield efficiency for plantations, or improve manufacturing processes. There is an immense amount of opportunities in this technology,” he said.

The challenge is themed “Innovate our Tomorrow”, where the public were invited to unlock the potential of NB-IoT to solve real business problems in the areas of smart cities, smart manufacturing and smart agriculture. 

It offers cash prizes of RM15,000, RM10,000 and RM5,000 for the top three winners, respectively, and potential seed funding of up to RM100,000 as well as mentoring support for promising pitches.

The final round will be held next month, where the finalists would pitch their prototypes to a panel of judges.

-- BERNAMA


 


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