IoT Philippines is held annually in Manila. With a focus on local telecommunication companies and enterprises in key verticals, the event offers Southeast Asia’s most comprehensive program for solution providers targeting enterprise adoption of Internet of Things (IoT) and Machine-to-Machine (M2M) technologies in Philippines.
Asia IoT Business Platform 2017 Bangkok, Thailand will be held on 1 -2 August 2017.
The Philippines’ economy has shown impressive growth rates of 5% over the past 10 years, and the ICT industry is expected to grow to US$50b. In the enterprise sector, research firms IDC expects that ICT spending will be heavily impacted by mobility, cloud, big data, analytics, and social businesses.
While IoT has grown tremendously over the past few years – being heralded as the “fourth industrial revolution” that can change the way businesses and organisations operate, IoT adoption remains conservative. Concerns over cost effectiveness, interoperability and security loom over the decision-making process, creating the needs for businesses to seek thought leadership, use cases, and consultative strategic planning to better understand how to adopt IoT successfully. With this in mind, this year’s edition of AIBP will focus on concrete discussions between IoT solution providers and end users to address key challenges and pain points in implementing IoT in businesses.
The second focus of AIBP will be on Micro, Small and Medium Enterprises (MSMEs), which make up 99.6% of business establishments in The Philippines, accounting for 62.8% of employment, 36% of GDP and 25% of the country’s exports revenue. Challenges MSMEs face include low business entry rate, low productivity and stagnation in the sector structure. Investing in technology upgrades at an affordable rates, such as cloud services as a lower cost alternative to more expensive software licenses, has been identified as a strategy for Filipino MSMEs to grow and compete, both locally and regionally.
Topics covered in the program include the use of IoT in public services, manufacturing, agriculture, transport and logistics, and many other verticals. Sustainability and efficiency are key themes in IoT conversations, especially in smart cities and productivity. From smart metering and smart grids that aim to improve energy consciousness and efficiency in supply and consumption to automation and monitoring, IoT continues to disrupt business operations positively to enhance corporate sustainability and efficiency.
This is a dynamic industry platform that should not be missed if you want to understand more about enterprise digital transformation and IoT in The Philippines, understand businesses’ needs and challenges in adopting IoT, and establish important connections that will benefit you and your organisation in many ways.