MDEC and GE sign MoU to grow IIoT sector

Its chief executive officer Datuk Yasmin Mahmood (pic) said the initiative would focus on bringing private and public partnerships as a conduit to build critical mass in BDA adoption and innovation.

PETALING JAYA: Malaysia Digital Economy Corp Sdn Bhd (MDEC) has signed a memorandum of understanding (MoU) with US conglomerate General Electric Co (GE) to collaborate on growing Malaysia’s Industrial Internet of Things (IIoT) contribution to the country’s economy.

In a statement, MDEC, which is a Malaysian government agency under the Communications and Multimedia Ministry, said GE Digital would be a strategic anchor in the collaboration.