SHAH ALAM: The letters A, B and C may be a coloured reminder of childhood for many, but for others, these three characters can be used to represent the elements of the digitalisation of the property business.
For Jones Lang Wootton Malaysia deputy managing director Prem Kumar (pic), A represents artificial intelligence, B for Big Data and C for Cloud computing,
While these might be foreign-sounding concepts just a few years ago, they were now life-changing precepts that form the basis of i-City Selangor Golden Triangle’s (SGT) evolution, he said.
In i-City SGT, the boundaries of technology have been continuously pushed, and this is a key ingredient in widening the sphere of SGT’s influence.
Currently wired by a 400G Capable High-Availability Network, connectivity in i-City SGT is now future-proofed when comes to cloud infrastructure.
The impending mass roll-out of the fifth-generation (5G) network will spark a revolutionary change in how we live and work, with advances like self-driving cars and advanced augmented reality experiences, among many others.
“In the past, when there was a push for properties with Multimedia Super Corridor (MSC) status, many owners asked how much more rental they could get with MSC status, ” said Prem, who added that perk was only meaningful if the company was able to utilise the tax exemptions and other incentives that came along with the MSC status, with many smaller companies not seeing the benefit.
However, the Covid-19 pandemic changed the way people viewed technology.
“In today’s era, people have come to expect a certain level of technology, but it also has to be achievable, ” he said.
For example, there were numerous cases where enterprises adapted to communicating via Google Huddle or Zoom, but halfway through, the Internet connection would fail or lag, Prem explained.
“Worse is when they cannot reconnect after the line has been disrupted, ” he said, adding that these communication failures could cost companies millions of ringgit.
This explains why many companies are now looking at properties that provide secure infrastructures that can facilitate the modern concept of work, live and play.
“Once people can see and understand these benefits, the value of a property will escalate, ” he said, adding that demand for bandwidth would undoubtedly be greater over time given the increased adoption of the ABCs into everyday living.
i-City SGT’s vision of a smart technology city is an urban development that integrates and embeds the evolution of multiple Information and Communication Technology (ICT) to provide better quality of life for the community who reside and work within.
The infusion of technology in i-City SGT was not static, and continued to evolve as technological capabilities change, addressing elements of the ABC ecosystem into property development and everyday living, said Prem, who added that given the proliferation of smart devices, everyone would be able to connect easily to the cloud from anywhere.
To present the exciting possibilities of the digital realm, a SGT Showcase with the theme The World of Digital Possibilities, is scheduled from Oct 1 to 4 at Central i-City shopping mall.
The event that is open to all aims to demonstrate how the SGT is undergoing continuous and resolute transformation as part of its 25-year plan to become the epicentre of commerce and communications.
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