Celcom invests RM100mil for IoT in next 5 years

Celcom Axiata Bhd will invest RM100 million over the next five years for the development of its Internet of Thing (IoT) Centre of Excellence (CoE) and IoT-related infrastructure. Chief executive officer Idham Nawawi said the group’s IoT CoE, which includes network, content, research and ecosystem developments in Malaysia, marks Celcom’s commitment towards the Fourth Industrial Revolution (IR4.0). “We have been working on the IoT forums, in tandem with Malaysia’s development, for more than five years,” he said in his speech at the launch of Celcom Axiata’s new corporate office, @Celcom, here today. The 450,000-square foot, 31-storey @Celcom tower offers a modern, agile and digital working environment for over 1,700 employees.