Siemens Malaysia looks to become country’s partner of choice in digitalisation

By Digital News Asia September 18, 2017

Digitalisation is no longer a future possibility, but a reality in every aspect of our lives
Critical pillars identified under TN50 such as technology and connectivity, environment and economy

Siemens Malaysia looks to become country’s partner of choice in digitalisation

SIEMENS Malaysia is looking to become a key enabler for Malaysia’s transition into digitalisation as part of Transformasi Nasional 50 (TN50) initiatives.

This was unveiled at the “Shaping Digitalisation – Malaysia & Siemens: Our Journey Together” event in Kuala Lumpur that featured panel discussions, track sessions, a marketplace of exhibitors that includes a virtual reality showcase.

The event was graced by guest-of-honour Deputy Minister of International Trade and Industry Chua Tee Yong. Also present was Cedrik Neike, member of managing board, for Region Asia / Australia, Energy Management, Siemens AG.

In his keynote address, Chua said digitalisation is no longer a buzzword or a future possibility, but a reality that is now embedded in every aspect of our lives, from the way we do things, the way we work, play, travel, stay informed, and make purchases.

“The changes well spurred by the face of digitalization mean that highly-skilled workers are in great demand, while boundless opportunities are available in newly-emerging jobs,” said Chua.

Cedrik said Siemens is ambitiously looking to become the global leader in industrial technology and a powerhouse in digitalization.

“With strengths in deep domain know-how in a broad range of markets and industries, powerful eco-system and strong installed base and connected fleet with our comprehensive portfolio in Mindsphere are what separate Siemens from our market competitors.”

Siemens Malaysia president and CEO Prakash Chandran, said there are several critical pillars identified under TN50 such as technology and connectivity, environment and economy.

Therefore, to spur the growth of digitalisation, he said Siemens will look to align and contribute to achieving the goals of these critical pillars in such that the organisation brings in state-of-the-art technology in the areas of digitalisation.

“Our digitalisation stride has already been implemented by some of Siemens Malaysia’s divisions, such as Industrie 4.0 by the Digital Factory and Processes and Drives, Smart Grid through Meter Data Management under Energy Management, the Remote Monitoring Predictive Diagnosis Centre by our Power Generation Services, and the driverless sets of trains for the KVMRT and the new LRT3 under Mobility,” said Prakash.

“We are working closely with the Malaysian Investment Development Authority (Mida) and the Ministry of International Trade and Industry (Miti) to support these Government entities with consultancy and back-up that they need in this journey towards digitalisation.”

The event continued with a diverse range of panel discussion topics that included the digitalisation landscape and uptake in Malaysia, the benefits and challenges of digitalisation, funding opportunities available and the decision-making to acquiring new technologies, as well as sustaining the talent creation pipeline.

Panellists featured were both local and international across different sectors, while track sessions featured internal Siemens representatives together with their partners and customers.

Earlier in April this year, Siemens AG through its Global President & CEO Joe Kaeser announced a EUR100 million (RM499.59 million) worth of software grant into local universities and colleges in Malaysia to prepare students about simulation learning in the virtual world of manufacturing.

Siemens Malaysia has been present in Malaysia for 109 years. Over the years, Siemens has invested about EUR9.2 billion (RM45.96 billion) in Malaysia with various projects and technological solutions.

In July this year, Siemens rolled out a total of 58 sets of electric, automated Inspiro trains for the Klang Valley MRT Line 1 complemented by the entire rail system.