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Forest Interactive CEO, Johary Mustapha Named EY Technology Entrepreneur Of The Year 2018 Malaysia

EOY Malaysia 2018

KUALA LUMPUR, Dec.7, 2018 – Johary Mustapha, CEO Of tech Company, Forest Interactive was presented with the EY Technology Entrepreneur Of The Year 2018 Malaysia Award at the EY Entrepreneur Of The Year 2018 Malaysia (EOY) Awards Gala last night.

The awards gala took place at The Majestic Hotel Kuala Lumpur and was graced by the respected guest of honor, YB Datuk Seri Mohd Redzuan Yusof, Minister of Entrepreneur Development Malaysia who shared his great insights on entrepreneurship and presented the awards to all the winners.

From left; Tan Sri Dr Rebecca Fatima Sta Maria, YB Datuk Seri Mohd Redzuan Yusof – Minister of Entrepeneur Development of Malaysia, Johary Mustapha – CEO of Forest Interactive Sdn Bhd, Dato’ Rauf Rashid – Country Managing Partner of EY Malaysia.

EY unveiled its list of winners of the four category awards – Emerging, Technology, Woman and Master as well as the coveted EY Entrepreneur Of The Year 2018 Malaysia award. Johary was lauded for his outstanding contributions to the technology industry and was selected by an independent panel of judges guided by a set of judging criteria that is consistently applied globally by the EY Entrepreneur Of The Year (EOY) programme.

From left; Aaron Patel – EY Emerging Entrepreneur Of The Year 2018, Johary Mustapha – EY Technology Entrepreneur Of The Year 2018, Phillip Rao – Programme director of EOY Malaysia, Song Hoi-see – EY Master Entrepreneur Of The Year 2018 and Dr Lim Li Sze – EY Woman Entrepreneur Of The Year 2018

On his achievement, Johary said, “It was really nice just to be nominated as one of the 15 Top Nominees a month ago, so to actually get the award was a bit surreal. I certainly have to pinch myself. Never have I dreamed of being on a list with such promising entrepreneurs. Truly pleased, honored and humbled to accept this award and to join past recipients who I have long admired and respected. Thank you so much to all who have kept their trust in me. This award goes out to all of you and especially to the MDEC GAIN program – I couldn’t have done it without their support. All the exposure, mentorships and networking events have eventually led to this.”

Forest Interactive is a mobile-focused tech company established in 2006. Throughout its inception, Johary has helmed the global operations of Forest Interactive and successfully expanded the company from its headquarters in Malaysia to 10 other offices across the globe. His vast experience in the business has enabled him to grow the company to a diverse workforce of over 130 talents from 21 nationalities expanding market reach across 36 countries. Under Johary’s leadership, the company has entrenched itself to play an important part within the vibrant mobile industry, working closely with Mobile Network Operators, Industry Regulators, Government Agencies, Consumer Groups and related associations in enabling innovative solutions for the mobile ecosystem. To date, Forest Interactive has established a competitive portfolio of end-to-end solutions for telco, enterprise and content partners that reach out to more than 2.9B subscribers worldwide and has already partnered with over 100 corporate clients and 93 mobile operators across Asia, the Middle-East and the USA.

Johary Mustapha with Forest Interactive Management Team

Follow us on our social media to check out how it all went down at the EY Entrepreneur Of The Year 2018 Malaysia (EOY) Awards Gala: FacebookTwitterInstagramLinkedIn and YouTube

About Johary Mustapha

Johary Mustapha is an entrepreneur involved in the mobile and tech industry. A hands-on technical person, he founded Forest Interactive in 2006 from his earlier background of working with broadcasting and ICT companies. Johary has a long historical understanding of the mobile industry and its growth in Southeast Asia. His vast experience in the business has enabled him to grow the company to a diverse workforce of over 130 talents expanding market reach across 36 countries and offices in 11 countries across the globe.

Over the years, Johary has received numerous accolades and awards. He is formerly the President of the Malaysian Mobile Content Provider Association (MMCP) which enabled him to work with industry stakeholders including telcos, regulators, government agencies and learning institutions. His involvement in the drafting of the Mandatory Content Standards (MCS) was crucial in defining the regulations for mobile content. Johary is currently a committee member of the Communications & Multimedia Consumer Forum of Malaysia (CFM) for their new term of 2017/18. Currently, Johary is also a part of the board of MDEC’s Digital Expert Panel, which advices on the education framework for colleges and universities.

About EY Entrepreneur Of The Year™

EY Entrepreneur Of The Year™ is the world’s most prestigious business awards programme for entrepreneurs. The programme makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards programme of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programmes in more than 145 cities in more than 60 countries. ey.com/eoy

For further inquiries, get in touch with us, we’d love to hear from you!

Email: corporatePR@forest-interactive.com

Website: www.forest-interactive.com

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AssociationsEvents

Win two free MWC19 Visitor Passes for your company!

MWC Barcelona 19

Forest Interactive exhibits at MWC19

Exciting news from all of us at Forest Interactive to you! In February 2019, we will, once again, head to Barcelona and participate in the most anticipated event in the mobile and telco industry: the Mobile World Congress Barcelona.

MWC Barcelona (formerly Mobile World Congress) is the largest mobile event in the world, bringing together the latest innovations and leading-edge technology from more than 2,400 leading companies, with a highly-rated conference programme assembling today’s visionaries to explore the hottest topics influencing the industry.

The event also features extensive learning opportunities from dozens of partner-led programmes, GSMA seminars, summits and more. Everything you need to know about the industry, today and beyond, can be found here. With over 107,000 key decision-makers expected to attend, #MWC19 promises to expand your professional network and help you achieve your goals.

As a leading mobile tech company, we are excited to exhibit at the event and to take this opportunity to connect with new partners and clients, and to build new commercial relationships with them.

Introducing Elfo, the 360 performance-driven digital marketing service

MWC will take place in Fira Gran Via, Barcelona from 25th to 28th February 2019. We are proud to bring and introduce Elfo, our new 360 digital marketing service that offers a new approach to integrated performance-based solutions for digital marketing. Elfo was founded on the idea that a client should be able to rely on one agency to handle all of its digital marketing. With Elfo, we deliver expertise in scaling your brand and business in the digital space so you could focus on whatever you want.

As an Associate Member of the GSMA (the organizer of MWC Barcelona), we can’t wait to be part of this big event once again. You can check out the video below on how it went down for us early this year or read about all the new technologies we saw at the past MWC Barcelona 2018.

There’s more! In celebration of December as the month of giving, we want to share our excitement and give out 2 free tickets each for 2 companies to join the MWC19!

Win 2×2 Visitor Passes for your company

We have 4 free tickets for MWC19 to give away ( 2 free tickets each for 2 companies).  How to win? Simply set up an online meeting with our team to know more about our products using this form HERE.

The meeting is to be set before December 12th and the winners will be announced on December 14th. Two winners from two companies will win the tickets to attend the Mobile World Congress in Barcelona next February. Each winner is free to invite whoever he/she wants as long as the guest is working for the same company. Each ticket is worth 799(no cash substitutions) and includes access to:

  1. MY MWC NETWORKING POWERED BY LINKEDIN – Search for and network with fellow attendees before, during and after the event via the website or mobile app.
  2. MWC19 EXHIBITION – Explore over 2,400 exhibitors featuring the latest services, devices and technologies.
  3. 4 YEARS FROM NOW (4YFN) STARTUP EVENT – Visit the premier gathering of entrepreneurs, investors and innovators at Fira Montjuic.
  4. GSMA SEMINARS – Gain insights and developments on key GSMA and industry initiatives.
  5. PARTNER PROGRAMMES – Participate in thought-leadership events presented by our partners. Participation is included in pass prices, but attendees must apply to attend programmes.
  6. KEYNOTES & CONFERENCE SESSIONS – THURSDAY ONLY – Analyse the trends and topics shaping the industry, with CEOs, thought leaders and visionaries.
  7. TOPIC TOURS – Take guided tours led by experts through the venue to meet exhibitors focused on a specific topic. Additional fees apply.

Kindly note –

  • The tickets are non-transferrable, non-marketable and non-cancelable.
  • The prize is the Visitor/Exhibitor Pass only and does not include transportation, accommodations, expenses or any other cost associated with attending. T&C apply!

So what are you waiting for? Book the online meeting with us now!  It’ll only take 10 minutes and we’ll be doing most of the talking.  Don’t miss out the chance to win free tickets to the largest mobile event in the world, MWC Barcelona 2019 and we’ll see you there!

How to win tickets to MWC Barcelona 2019
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AssociationsGaming

Gaming Trends in the UAE | Introducing Wallet Codes!

gmaing trends in uae

Gaming has no language! Or rather we should say that gaming is a language in its own. With people belonging to different nations, speaking numerous languages, representing diversified cultures, and possessing various traits, one thing that brings them all together is the passion for gaming―a language in its own. In recent years, UAE’s economy has flourished remarkably. Along with tourism, gaming is contributing a great deal towards the overall economy of the country. With this significant development, Forest Interactive has recently partnered with Etisalat to launch its DCB solution, Wallet Codes, in the UAE.

Wallet Codes is now available in UAE for Etisalat mobile customer

Wallet Codes is an e-commerce platform that enables you to charge your gaming wallets via mobile credit. Partnering with Etisalat, a tech giant in the UAE, Etisalat subscribers can now top up their preferred gaming platforms, such as STEAM and PSN through Wallet Codes. The service is also currently available in eight other countries including Malaysia, Indonesia, Taiwan, Pakistan, Thailand, Sri Lanka, the Philippines, and Myanmar. Wallet Codes eliminates the headache of providing banking details and login credentials for charging your gaming wallets.

How to register for Wallet Codes?

Follow these steps to get registered on Wallet Codes and enjoy endless features.

  1. Visit Wallet Codes official website.
  2. Click the Register button in the top right corner.
  3. Enter your email ID and password and hit Register.
  4. A confirmation email will be sent to your email ID. Click that link to complete the registration process.
  5. It’s done! Log in to your Wallet Codes account, start buying your favorite games, and enjoy gaming on your favorite platform.

With Wallet Codes, we believe there is now another reason for gaming to strive in the UAE. Let’s go through a brief review of the gaming trends in the UAE.

How gaming entered the UAE?

Although gaming was not a passion of the region in the early 90’s, it boosted rapidly around 10 years back. In 2008, the first ever game expo of UAE was held at the Great Hyatt that brought together hundreds of people. Probably, that was the first time when people realized the significance of professional gaming. That was just a beginning, but it revealed the region’s passion for gaming and the potential for its growing interest.

Source: Tobuz

No doubt, Game8 gave birth to the gaming industry in the UAE. In 2009, the first public event was held in Dubai, attracting around 10,000 visitors, doubling that to 20,000 in 2010. In 2011, Game11 was held that gathered around 40,000 gamers under one roof for nothing but gaming. That was the time when people admitted gaming as a profession. That was just a beginning; nowadays, professional gamers are hitting the arena, and people are passionate to adopt gaming as a profession, just like engineering, medical, or law.

People here are changing their perspective. Before, they thought their kids were wasting time, but it’s different if you come back and tell your family you can make $200,000 from playing games.

~ Nasheet, Bahraini founder of DvLZGaME.

UAE―4th Largest Gaming Economy of the Middle East

According to the stats shared by Statista in 2017, the revenue generated by the gaming industry in the UAE was 281.61 million USD. UAE is the 4th largest gaming economy of the Middle East. Some other stats shared by Newzoo in June this year reveal that of the total population of 10 million, 9 million people are internet users, and gaming has added 313 million USD to the total economy of the country. This makes UAE 36th largest gaming economy in the world.

Gaming has grown significantly within the UAE, becoming home to the world’s most active gaming community.

~ David Wang, Country Manager, Huawei Consumer Business Group UAE.

Popular Games in the UAE

People of the UAE are fond of playing MMO (Massively Multiplayer Online) games. Fortnite Battle Royale is the most popular game in UAE that reminds you of ‘The Hunger Games.’ Each match features 100s of players fighting in the arena for survival. The individual or team that makes it till the end wins the battle. And how can one forget Counter-Strike while talking about MMO games? The UAE folks are keen on playing Counter-Strike just like the majority of gamers across the world, and it seems that their gaming zones often feature CS gaming tournaments.

FIFA never gets old too. Having a PlayStation with FIFA on it―welcome to a gamer’s paradise! FIFA is the top-rated multiplayer soccer game in the UAE. Wait! What about Dota 2? Of course, it’s one of the top-played MOBA games in the UAE along with League of Legends. Call of Duty is also breaking grounds among multiplayer assault games.

Source: PS Wallpapers

SEE POST: GAMING TRENDS IN MYANMAR

Mobile gaming is also taking the gaming industry like a storm. According to some stats, around 87% of the total male population and 84% of the total female population of UAE plays mobile games. Maximum mobile gamers are aged 35-44. On average, a person in UAE spends 20-40 minutes daily playing games. The most striking mobile games of UAE are PUBG Mobile, Helix Jump, Candy Crush Saga, Subway Surfers, Happy Glass, Ludo King, 8 Ball Pool, and Tomb of the Mask.

Game Developers of UAE

Bleeding Edge

Source: APKPure

Bleeding Edge is one of the leading game developers operating in the UAE. Founded in 2016 and headquartered in Dubai, Bleeding Edge is developing some of the top-notch iOS and Android games. To date bleeding Edge has developed more than 50 2D and 3D games. After a successful launch in the UAE, the company has also stepped into Pakistan and formed its production office. Most popular games developed by the gaming studio include Impossible Stunt Car Simulator, Offroad Truck Oil Transporter, Demolition Derby Bus Racing 3D, and Anaconda Attack Simulator 3D.

Ubisoft

Source: DigitalMediaMe

Ubisoft opened its UAE office in October 2011 at Abu Dhabi. The team comprised of Ubisoft members from different parts of the world. Ubisoft is well-known for its numerous mind-blowing games, Assasin’s Creed being the topmost. The first game released by Ubisoft Abu Dhabi in 2014 was CSI: Hidden Crimes. This game provided an astonishing mobile gaming experience and was one of the pioneer games to give birth to professional mobile gaming. The second version of this games, NCIS: Hidden Crimes, rolled out in 2016 and is still breaking the gaming grounds.

Lamba

Source: YouTube

Lumba is a game development company based in San Francisco and Dubai. This company is setting new trends in the Middle East gaming industry. Until now, four games have been released by the company, including Desert Tycoon, Bedouin Rivals, Temsa7 Army, and Tribal Mania. Two of their games, Bedouin Rivals and Temsa7 Army, were declared the Best Apps of 2014 and 2015 by App Store.

The fast adaptation of digital content in the region, as well as the localization of games in Arabic is contributing to the fast growth in the region.

~ Yannick Theler, Managing Director Ubisoft, Abu Dhabi

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AssociationsEvents

Johary Mustapha Wins Malaysia Young Entrepreneur Award at the ASEAN Business Awards 2018

Johary Mustapha won ABA

Johary Mustapha, Chief Executive Officer of A tech company from Malaysia, Forest Interactive was presented with the 2018 Malaysia Young Entrepreneur Award at the ASEAN Business Awards celebration held in Singapore on 12th November.

Congratulations to our CEO!

At 40, Johary was chosen among other top nominees and leading businesses in the region. The ASEAN Business Awards took place at the Ritz-Carlton in Singapore last night and was graced by Halimah Yacob, President of the Republic of Singapore as the Guest-of-Honor. Malaysia’s Prime Minister, YAB Tun Dr. Mahathir bin Mohamad was also in attendance and presented a selection of awards. Launched by the ASEAN Business Advisory Council (ASEAN-BAC) in 2007 to mark ASEAN’s 40th anniversary, the ASEAN Business Awards (ABA) recognize outstanding ASEAN businesses that have shown significant progress in establishing and reinforcing their positions in various sectors.

Malaysia’s Prime Minister, YAB Tun Dr. Mahathir bin Mohamad with wife, Tun Dr. Siti Hasmah and Halimah Yacob, President of the Republic of Singapore at the ASEAN Business Awards ceremony

Johary impressed the judging committee (see Here for the list of judges) with the rapid growth of the company since its establishment in 2006. Forest Interactive is a multinational technology company that provides multifaceted Platform as a Service specializing in mobile Value-Added Services, programmatic marketing, and telco platforms, as well as a magnitude of game publishing and distribution.

Throughout its inception, Johary has helmed the global operations of Forest Interactive and successfully expanded the company from its headquarters in Malaysia to 10 other offices across the globe. His vast experience in the business has enabled him to grow the company to a diverse workforce of over 130 talents from 21 nationalities expanding market reach across 36 countries. Under Johary’s leadership, the company has entrenched itself to play an important part within the vibrant mobile industry, working closely with Mobile Network Operators, Industry Regulators, Government Agencies, Consumer Groups and related associations in enabling innovative solutions for the mobile ecosystem. To date, Forest Interactive has established a competitive portfolio of end-to-end solutions for telco, enterprise and content partners that reach out to more than 2.9B subscribers worldwide and has already partnered with over 100 corporate clients and 93 mobile operators across Asia, the Middle-East and the USA.

In accepting the award, Johary commented,

“It is a great honor to be acknowledged for this award, especially representing Malaysia as a Tech company. The hard work and patience leading to this success could only be attributed to the team members that have been working long and hard for us to realize this recognition. We wouldn’t be here without them and all our committed partners, Thank you to everyone that has helped made this happen.”

From left to right; Professor Annie Koh – Organising Chairwoman of the ABA, Dr Robert Yap – Chairman of the ASEAN BAC, Johary Mustapha – CEO of Forest Interactive Sdn Bhd, Wilf Blackburn – CEO of Prudential Assurance Company Singapore, also one of the sponsors for ABA 2018

Into its 12th edition, ABA was conceived to be the first of its kind in the region with the dual objectives of recognizing outstanding ASEAN enterprises and to serve as a platform to spread information on the ASEAN Economic Community (AEC) and promote regional integration. In addition, the awards also shine the spotlight on promising ASEAN small and medium-sized enterprises (SMEs) with the potential to become global economic players.

”As the biggest business awards exclusively for the ASEAN region, being recognized will provide valuable exposure and bring one’s business up to par with global standards. Many of the most recognized businesses and the up and coming ones in ASEAN today are among ABA’s past awardees. This validates the reputation ABA has attained over the years.” – Dr. Robert Yap, chairman ASEAN-BAC.

This year, ASEAN-BAC collaborated with knowledge partners Ernst & Young LLP (EY) and Singapore Management University (SMU) to organize the awards, which is chaired by Professor Annie Koh, SMU’s Vice-President for Business Development, and the Organizing Chairwoman of the ASEAN Business Awards (ABA) Committee. Furthermore, Singapore’s super chamber, the Singapore Business Federation (SBF), secretariat to Singapore’s representatives to the ASEAN-BAC, coordinated the overall awards.

For more updates about the win, please follow us on our Social Media: Facebook, LinkedIn, Twitter and Instagram

For more information about the ASEAN Business Awards, please visit https://www.aseanbac2018.org/

For further inquiries, get in touch with us, we’d love to hear from you!

Email: corporatePR@forest-interactive.com

Website: http://www.forest-interactive.com

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AssociationsEvents

Johary Mustapha, CEO of Forest Interactive Named as Top Nominee for EY Entrepreneur of The Year 2018 Malaysia

Johary Mustapha named one of the Top nominees for EY Entrepreneur Of The Year Malaysia 2018

Raising the bar. Transforming our future

Entrepreneurs are believers who raise their game to turn today’s ideas into tomorrow’s reality. These individuals see things beyond the horizon and challenge tradition to transform our future. They positively disrupt the way we do business and help enhance our quality of life. – EY

For us at Forest Interactive, we believe that statement couldn’t be any truer on how it describes our CEO, Johary Mustapha. We are happy to announce that EY has named Johary Mustapha as one of the Top Nominees for the EY Entrepreneur Of The Year 2018 Malaysia (EOY). Johary is shortlisted under the Technology category along with other notable CEOs. Check out the top nominees’ list below:

List of Top Nominees Of EY Entrepreneur Of The Year 2018 Malaysia

I was pleasantly surprised when I heard the announcement that we were nominated as one of the top nominees, as this is our first time entering this award. However, I attribute this achievement to the constant hard work that my team and I have put into this company over the years. This has elevated us to another level alongside other giants and excellent entrepreneurs in the industry. – Johary Mustapha

As a top nominee, Johary Mustapha will be going through few judging processes. The winner for the EOY will be announced during the awards night which is expected to be sometime in December.

Top nominees for EOY 2018 Malaysia at the Top Nominees Announcement gathering

Find out more about the EY Entrepreneur of The Year 2018 Malaysia HERE

About Johary Mustapha:

Johary Mustapha is an entrepreneur involved in the mobile and tech industry. A hands-on technical person, he founded Forest Interactive in 2006 from his earlier background of working with broadcasting and ICT companies. Johary has a long historical understanding of the mobile industry and its growth in Southeast Asia. His vast experience in the business has enabled him to grow the company to a diverse workforce of over 130 talents expanding market reach across 36 countries and offices in 11 countries across the globe.

Over the years, Johary has received numerous accolades and awards. Most recently, he was a recipient of the Most Influential Sustainable Entrepreneur Award by the Asia Pacific CSR Council. He is formerly the President of the Malaysian Mobile Content Provider Association (MMCP) which enabled him to work with industry stakeholders including telcos, regulators, government agencies and learning institutions. His involvement in the drafting of the Mandatory Content Standards (MCS) was crucial in defining the regulations for mobile content.

Johary is currently a committee member of the Communications & Multimedia Consumer Forum of Malaysia (CFM) for their new term of 2017/18. He also sits in as one of the mentors for Malaysia Digital Economy Corporation’s Intellectual Property Creator Challenge (IPCC) program which aims to nurture game start-up companies since 2016. Currently, Johary is also a part of the board of MDEC’s Digital Expert Panel, which advices on the education framework for colleges and universities.

About the EY Entrepreneur Of The Year 2018 programme:

This year, the EY Entrepreneur Of The YearTM (EOY) programme is celebrating its 32ndanniversary since it was founded in Milwaukee in 1986. Today, the EOY Programme has expanded to more than 145 cities and 60 countries with awards presented annually to over 900 of the world’s most successful and innovative entrepreneurs. Each year, the overall country winner from each country gathers in Monte Carlo for the annual EY World Entrepreneur Of The Year (WEOY) award. View the list of countries that participate in the WEOY programme and their respective global EOY contacts.

For further inquiries, get in touch with us, we’d love to hear from you!

Email: corporatePR@forest-interactive.com

Website: http://www.forest-interactive.com

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AssociationsMobile

Part 1 – What industry 4.0 will mean for telcos

fourth industrial revolution

We are currently living at the very end of the third industrial era as Industry 4.0 is upon us and most would agree that the progress that has taken us to where we are now has been such an extensive journey. If we look into history, each new era brings in new forms of technology and way of life that of course would have not been possible without the hard work, discoveries, and innovations of our predecessors. In the technology sphere, specifically for telcos who have always been the epicenter of communications, the early 2000’s marked the beginning of a surging call for transformation on their business models unlike they’ve never experienced before.

The kaleidoscope view of the digital landscape

Suffice it to say the dawn of the third millennium introduced not only to telcos but also the world to a new digital landscape with the emergence of internet that subsequently changed market demands and brought in the genesis of Over-the-top (OTT) players; Facebook was started in 2004, YouTube in 2005 and WhatsApp in 2009 while Netflix may have established their business in 1997 but it’s only by 2007 they began gaining a larger traction after expanding their business towards OTT. In relation, the OTT entrants mentioned above are only a few among others who all have profoundly diversified the competitive boundaries of telcos beyond recognition from its earliest days.

Now, as we are gearing up to embark on the new digital revolution, industry 4.0 is expected to introduce the world into yet another major shift, the kind that will be bursting with a whole new level of unprecedented connectivity that will move at exponential rate, driven by disruptive technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and other advanced innovations. Dare we say that the disruptive technologies wrought by industry 4.0 will even lay the foundation for the next frontier as the satellite industry, for example, is already taking steps to bring space-based internet further.

The possibilities seem endless and all of these has been the talk of the town for quite some time in the tech world. It is a brazen line to say that telcos will not be immune towards this transformation. In fact, this new digital revolution will push telcos in new directions and open doors for opportunities that certainly will shake their business models once again.

So, let’s take a look at some of the opportunities that telcos can achieve in the fourth industrial revolution:

Leading next-generation applications

5G networks are the next generation of mobile internet connectivity

The technological metamorphosis onto the new digital revolution put telcos in a prime position to create an ecosystem wherein there is a demand for huge amount of data and hyper-connectivity. These requirements can be satisfied by next-generation technologies like 5G which provides a huge amount of bandwidth. In fact, the fourth industrial revolution hinges on 5G technology that promises services across a wide scale of disruptive technologies. According to Stratfor, the fifth generation of mobile communications networks will go beyond its previous generations of networks handling three different communications types: enhanced mobile broadband, massive machine-type communications, and ultra-reliable and low latency communications. Many telcos around the world have already jumped on the bandwagon in striving to become 5G pioneers.

Telcos and IoT: The Billion Dollar Opportunity

IoT refers to billions of physical devices connected to the internet, collecting and sharing data.

The demands for higher connectivity has created a big segment of the Internet of Things (IoT) which is expected to become a major source of revenues for operators. The IoT sector is almost an identical match for operators’ strengths and resources with their perennial ability to connect millions of devices to complex networks. With such massive connectivities, we can expect consumers’ behavior and expectations will certainly change as the requirement for data will continue to grow.

Uniquely positioned with unlimited access to network infrastructure, telcos can provide better performance, wider scale, and – tapping into vast pools of user data – much better usability than competition with IoT. Shaily Kumar from Digitalist Magazine explained that “having the access to tap the power of such predictive analytics, telcos could avoid network outages when there is any huge events that usually tagged with data surges. Comparably, IoT technology will enable telecom companies to monitor and plan maintenance more effectively, optimize bandwidth and coverage to boost download times, and improve customer service by reducing dropped calls and service wait times. This in turn will minimize revenue lost to service disruption.”

Gaming goldmine

The gaming industry is poised to be the next goldmine for telcos

As we enter the new digital revolution, telcos also have the added advantage to penetrate the games industry which is relying more and more on telecommunication networks and data. Connectivity and data have been the aim of many developers in the games industry since online gaming networks were first introduced for home consoles back in the 1990s. Now, current consoles all have online capabilities and even casual single player mobile games require a constant server connection to operate.

Add in the potential for the new Augmented Reality (AR) experiences, not forgetting the growth in mobile gaming, e-sports and the insatiable need for new content, all these gaming galore offer huge opportunities and a goldmine for new revenue potentials for telcos. According to Mediakix, the global gaming market will reach over $115 billion in 2018. The mobile gaming industry alone is expected to generate over $50 billion which accounts for nearly half of all global gaming revenue. Besides providing connectivity and data, telcos are also primed to take advantage of the multifaceted games industry by offering other value-added solutions to game developers such as direct operator billing, and HTML 5 games.

The not so final words

With everything evolving towards the new digital revolution, telcos must disrupt their own ways of doing business. The fourth industrial revolution propounds a new hyper-connected paradigm and embracing the disruptions as well as the transformations that come along with it will be strategically imperative. Stay tuned for Part 2 of what industry 4.0 will mean for Telcos to know more!

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AssociationsEvents

Malaysia’s pursuit in harnessing globally competitive tech talents

PRIDE Market Day Hall by MDEC

Addressing the issues on the language barrier, mindset towards night shift work and strengthening government-private sector collaboration through PRIDE.

Malaysia Digital Economy Corporation (MDEC) has aggressively launched programs that aim to encourage young Malaysians to pursue a career in technology.  In a recent initiative, MDEC’s Talent and Digital Entrepreneurship Division (TDE) invited members of the academe, tech experts to business owners in a one-day session introducing Project PRIDE (Platform for Real Industry Driven Project Exchange).  PRIDE provides a structured engagement platform for industry players to collaborate with Premier Digital Tech Universities and Preferred Digital Tech Polytechnics in various capacities.

Read more about Project PRIDE, HERE

Forest Interactive attended the event and learned about how the Malaysian government has been pushing for programs targeted to produce talents that would soon become great assets in the tech industry.  Among the panelists were Rene Bernard, CEO of Lux Tag and President of ACCESS, Blockchain Association, Dr. Dayang Norhayati Abang Jawawi—an associate professor at the Faculty of Computing in UTM and Waran Govindarajah of IBM’s Shared Services and Telecom Expense Management.

The panelists at PRIDE
From left to right: Dr. Dayang Norhayati Abang Jawawi—an associate professor at the Faculty of Computing in UTM, Rene Bernard, CEO of Lux Tag and President of ACCESS, Blockchain Association, and Waran Govindarajah of IBM’s Shared Services and Telecom Expense Management

Mindset towards night shift

Waran of IBM shared that there are a lot of applicants in the company but the challenge includes mindset as some applicants won’t even accept night shift work. He continued to say that these individuals are missing out on the opportunity even pointing out that sometimes parents are involved in negotiating with the salary. Some of the audience found the quip funny.  Monster.com a leading job search portal cites Robert Hosking of Office Team that “some parents would involve in instances such as reviewing resumes and calling the employer to negotiate on the salary. It should not be the case.”

Waran further shared that because of this challenge, some companies are looking into hiring foreign talents more because they are the ones who are willing to accept jobs that would require time zone differences.  As for the academe, and in response to that, Dr. Dayang says ”some schools now have evening classes to help give students the idea of working at night, but that is still something that needs to be worked on.”

The language barrier

In an interesting take, one of the panelists Rene Bernard cited how language also became a barrier in Malaysian talents. In some cases, certain students are still unable to speak and articulate in English professionally.  Barnard shared that the readiness to be able to send emails has also become an issue. English is considered as a major factor on why some applicants do not get hired.

One of the audience also acknowledged how grammar would seem to be a struggle amongst the youth: “how do schools prepare students to go out of the interview?” Dr. Dayang of UTM recognized this challenge saying schools are preparing students to be ready for global work through numerous initiatives like getting students to practice and be accustomed to using English daily. There are also activities involving encouragement for students to do all school events in English and to “Think Global. “Mindset is the teacher’s responsibility hence will keep on trying to change the current situation,” says Dr. Dayang.

Some articles also point out how up-scaling language is the tested and proven approach. Countries like Japan to improve the marketability of their people and their businesses as a whole and that Malaysia has taken an approach for reform on tertiary education (“English in Malaysia: Current Use and Status,” Toshiko Yamaguchi, David Deterding, 2016).

Bernard, however, chimed in on the ”Think Global” mindset saying: “brain drain happens when we give individuals the mindset that one must leave its own country, that could be one issue.” Dr. Dayang replied with a personal perspective: “the ones here have limited flexibility as opposed to those who actually went to study abroad.  Two (2) years in University and two (2) years in the industry program helps expose the student to the industry.”

Statistics show that brain drain is rampant in South East Asia, in fact, the number of highly educated migrants continuously increase over the years due to higher wages, better working conditions, and benefits that come with the job offer overseas.

Share of highly educated migrants in OECD countries
Reference: https://www.bloomberg.com/news/articles/2017-06-05/brain-drain-from-southeast-asia-poses-obstacle-to-growth

Keeping the interest alive

All three panelists agreed that it is important to hire interns to experience real work scenario in the industry.  Lux Tag’s CEO said, “SMEs have a different approach on what can be done to help students get jobs in the company.” Adding that this is mainly because some do not always have the luxury of time and workforce to train students. IBM however, is a more established and larger scope and will have more options. Waran noted that every employer should: “treat the interns correctly, not allow them to do only photocopies or just give tasks like making coffee. To prepare them, one must treat them well. The apprentice should see how the work is done.”

There are also complexities with internship because interns have to learn how everything works in the real world. Mentors in IBM would allow interns to shadow executives for exposure on the job.  The scope of shadowing is dependent on how much work the intern will take on. Sensitive data and tasks that require accountability remain a caveat. But at the end of the day, the ultimate goal is to mold someone to become a globally ready professional.

About MDEC:

Malaysia Digital Economy Corporation or MDEC (formerly known as Multimedia Development Corporation Sdn. Bhd.) is the lead agency in driving the digital economy in Malaysia under the Ministry of Communications and Multimedia Malaysia. Since its inception 21 years ago, MDEC’s mission is to develop the nation’s digital economy. MDEC’s implementation efforts are centered on driving investments, building local tech champions, catalysing digital innovation ecosystems and propagating digital inclusivity.

About Forest Interactive:

Established in 2006, our headquarters is located in the center of Kuala Lumpur, Malaysia with global operations across 36 countries. Throughout its inception, the company has entrenched itself to play an important part within the vibrant mobile industry, working closely with Mobile Network Operators, Industry Regulators, Government Agencies, Consumer Groups and related associations in ensuring as well as enabling innovative solutions for the mobile ecosystem. We have established a competitive portfolio of end-to-end solutions for our telco, enterprise and content partners that reach out to more than 2.9B subscribers worldwide and has already partnered with over 100 corporate clients and 93 mobile operators across Asia, the Middle-East and the USA.

For further inquiries, get in touch with us, we’d love to hear from you!

Email : corporatePR@forest-interactive.com
Website : http://www.forest-interactive.com

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Events

Forest Interactive Announced as a Silver and Bronze Winner in Asia-Pacific Stevie Awards

Asia Pacific Stevie Awards 2018 (New)

KUALA LUMPUR, MYS – 24th April 2018 – Forest Interactive is announced as the winner of a Silver Stevie Award for Innovation in Consumer Products & Services for its digital payment platform, Wallet Codes under the New Product category in the fifth annual Asia-Pacific Stevie Awards. Able to meet the scores of more than 100 executives around the world acting as judges, the company bagged another win and also named the winner of a Bronze Stevie Award for Excellence in Innovation in Technology Industries.

The Asia-Pacific Stevie Awards is the only business awards program to recognize innovation in the workplace in all 22 nations of the Asia-Pacific region.  The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards® for sixteen years. Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala banquet at the Mira Hotel in Hong Kong on Friday, 1 June.

The Vice President of Forest Interactive, Sharon Maurenn stated that “We are truly honored to win not only one but two awards from different categories. We can’t be more grateful for the great recognition among other prestigious companies. On behalf of Forest Interactive, I would say, these two winnings are the homage as a global mobile tech company for all of our team’s continuous commitment for their hard work and never-ending belief in fulfilling the company’s vision to enrich mobile experience through multifaceted innovative products tailored to enhance telecommunication solutions. “

More than 800 nominations from organizations across the Asia-Pacific region were considered this year. “We are very pleased that entries to this program grew by more than 30% this year,” said Michael Gallagher, president and founder of the Stevie Awards.  “This growth illustrates how vital innovation is to business growth, and how important being recognized for their innovation is to enterprises throughout the Asia-Pacific region.  We extend our warmest congratulations to all of this year’s Gold, Silver, and Bronze Stevie Award winners.”

Details about the Asia-Pacific Stevie Awards and the list of Stevie Award winners are available at http://Asia.Stevieawards.com

PR Newswire Asia is the official news distribution partner of the 2018 Asia-Pacific Stevie Awards

About Forest Interactive:

Established in 2006, our headquarters is located in the center of Kuala Lumpur, Malaysia with global operations across 36 countries. Throughout its inception, the company has entrenched itself to play an important part within the vibrant mobile industry, working closely with Mobile Network Operators, Industry Regulators, Government Agencies, Consumer Groups and related associations in ensuring as well as enabling innovative solutions for the mobile ecosystem. We have established a competitive portfolio of end-to-end solutions for our telco, enterprise and content partners that reach out to more than 2.9B subscribers worldwide and has already partnered with over 100 corporate clients and 93 mobile operators across Asia, the Middle-East and the USA.

About the Stevie® Awards: 

Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the American Business Awards, the International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.

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Associations

Forest Interactive’s Wallet Codes product selected as finalist for Asia Communication Awards 2018

Asia Communication Awards 2018

Forest Interactive, a global mobile technology company that provides multifaceted Platform as a Service (PaaS) and Value Added Service (VAS) solutions specializing in Mobile Content Distribution and Digital Payment Services, is shortlisted for the Asia Communication Awards. The awards is a platform that recognises achievement and innovation in Asia to the global telecommunications industry. The winners of the awards will be presented on June 27th 2018, in Singapore, at the Conrad Centennial.

“We are honoured to be shortlisted among the respectable and huge competitors in the telco industry under the Innovation Award: Vendor category for one of our technology, Wallet Codes” states Sheena Pimentel, Head of Corporate PR. “What makes the technology so special, is it allows a new revenue stream for mobile operators to reach millions of gamers globally, and at the same time we are addressing the lack of banking privileges in certain countries.  Imagine having to want to buy a game in your wish list because of the Steam Winter Sale, but you don’t have the means.  Wallet Codes gives every person a chance to buy their favorite item for their favorite hero without the need to go to stores to buy the actual cards, at any time of the day,” Sheena adds. Designed and conceptualized for the games market specifically for gamers, Wallet Codes offers optimization of mobile billing as the alternative payment channel for mobile subscribers—Forest Interactive understands how credit card penetration is low in certain regions and the company intends to bridge that gap by offering competitive prices in comparison to traditional distributors all from the comforts of a mobile phone.

Currently operating in 5 countries—Malaysia, Philippines, Taiwan, Indonesia and Pakistan—the company aims to strengthen its market reach in Thailand, Myanmar, and to the company’s other subsidiaries around the globe. Apart from that, Forest Interactive are also expanding westwards towards the Middle East and North Africa regions—specifically in Algeria and the UAE. These upcoming expansions will mark its footprint in the field as one of the major players that combines fintech and telecoms solution for the gaming industry worldwide. The industry is expected to generate revenue of more than $12 billion in 2022 and Forest Interactive aims to help pave the road for mobile operators as well as billing aggregators to meet market demands with Wallet Codes.

You may download the complete list of finalists here.

For further inquiries, get in touch with us, we’d love to hear from you!

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Associations

Forest Interactive is now a member of the National ICT Association of Malaysia (PIKOM)

PIKOM Forest Interactive

Forest Interactive, a leading mobile solutions company is proud to announce its affiliation with the National ICT Association of Malaysia (PIKOM) as a member.  Being a Malaysian multi-national mobile technology company with global presence and operations that provide Value Added Service (VAS) and Platform as a Service (PaaS) solutions, the membership is aimed for Forest Interactive to be a part of PIKOM’s objective in promoting the industry’s growth and be ‘the voice of the ICT industry’. Furthermore, with the National ICT Association of Malaysia’s membership, Forest Interactive plans to leverage the missions that PIKOM associates with MDeC, and MaTRADE, WITSA as well as ASOCIO to tap new markets and leverage on its regional and global networks.

As Forest Interactive, we are honored to be a member of the National ICT Association of Malaysia (PIKOM) to further strengthen our vision towards leading mobile distribution network for digital contents and services within the emerging markets globally.

 

About Forest Interactive:

Established in 2006, our headquarters is located in the center of Kuala Lumpur, Malaysia with global operations across 36 countries. Throughout its inception, the company has entrenched itself to play an important part within the vibrant mobile industry, working closely with Mobile Network Operators, Industry Regulators, Government Agencies, Consumer Groups and related associations in ensuring as well as enabling innovative solutions for the mobile ecosystem. We have established a competitive portfolio of end-to-end solutions for our telco, enterprise and content partners that reach out to more than 2.9B subscribers worldwide and has already partnered with over 100 corporate clients and 93 mobile operators across Asia, the Middle-East and the USA.

About PIKOM:

PIKOM, THE NATIONAL ICT ASSOCIATION OF MALAYSIA is a Non-Governmental Organization (NGO) representing the information and communications technology (ICT) industry in Malaysia. Established on 20th August 1986, the association aims to improve the business climate in the interests of all its member companies and to promote the industry growth in line with national aspirations. PIKOM creates opportunities for its members to enjoy the benefits offered by advances in ICT. Its membership currently stands at 1000+ comprising companies involved in a whole spectrum of ICT products and services which commands 80% of the total ICT trade in Malaysia. Learn more: http://www.pikom.org.my/

 

For further inquiries, get in touch with us, we’d love to hear from you!

Email : corporatePR@forest-interactive.com
Website : http://www.forest-interactive.com

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