The Malaysian Research Accelerator for Technology and Innovation (MRANTI), Digital Nasional Berhad (DNB) and Ericsson have on Tuesday announced the extension of their Memorandum of Understanding (MoU) to accelerate the commercialisation of 5G-enabled Science, Technology, Innovation and Economy (STIE) solutions for companies in Malaysia.
In 2022, the MoU was signed with the initial goal of preparing MRANTI Park for 5G technology and raising awareness of it in the local community.
The renewed MoU will prioritise promoting awareness and adoption of 5G among businesses in Malaysia, with the objective of expediting the implementation of the 5G-enabled STIE agenda, MRANTI said in a statement.
Under the extended MoU, the partners will contribute towards the development of MRANTI 5G Experience Center by providing content and support to ensure innovators, researchers, startups and businesses are well equipped on 5G literacy.
The 5G Experience Center at MRANTI Park which is expected to be launched in March this year is an exciting new space where visitors can learn about the latest advancements in 5G
technology through practical use cases and immersive experiences.
“At MRANTI Park, we equip innovators, researchers, and businesses with cutting-edge infrastructure and capabilities to drive returns on innovation across the ecosystem,
“Through this collaboration, it will strengthen MRANTI’s position as the leading 4IR (the Fourth Industrial Revolution) hub with facilities and resources to support industry growth in dronetech, healthtech, agritech, bioscience and 4IR enabling technologies,” said Dzuleira Abu Bakar, Chief Executive Officer of MRANTI.
Dzuleira added that as a result of the collaboration last year, MRANTI Park has successfully become 5G ready, with download speeds more than 600Mbps.
“The partners have also worked together last year, to deliver physical and digital 5G engagements with MRANTI innovators and community, specifically during MRANTI 5G Open Day and National Science Week.” she said.
This year, MRANTI together with DNB and Ericsson have agreed to extend their partnership with the shared goal of fast-tracking the integration of 5G technology into businesses.
“Specifically, we aim to accelerate the commercialisation of STIE-related innovations enabled by 5G,
“In the upcoming year, the partners are planning to facilitate more targeted discussions and interactions with innovators, as well as opening our 5G experience center to businesses,” added Dzuleira.
According to the statement, this partnership is poised to draw a large cohort of innovators to the park, allowing them to develop 5G applications that may be further refined and tested at MRANTI Park.
Moving forward, MRANTI, DNB and Ericsson will continue to work closely on the planning and implementation of 5G infrastructure, as well as the facilitation of knowledge-sharing sessions on 5G technology and related capabilities.
This cooperation is evidence of support to MRANTI’s aim to create an on-campus 5G experience centre for its innovation clusters and the development of its 5G use cases and experiences.
“With DNB having delivered 5G coverage to MRANTI Park over the last year, I am hopeful that businesses in the area can now leverage the ultrafast and low latency connectivity to develop new and exciting 5G-enabled products and services,
“DNB will continue to support Malaysia’s digital economy aspirations by deploying Malaysia’s 5G network and infrastructure on an accelerated schedule,” said Nasution Mohamed, Chief Operating Officer of DNB.
Head of Ericsson Malaysia, Sri Lanka and Bangladesh David Hägerbro said that Ericsson is delighted to continue the collaboration as it is very important to have a thriving ecosystem for 5G to develop its real potential in Malaysia and drive the country’s digital transformation.
With the extension of the MoU, he said that Ericsson will be drawing upon its contribution to 5G ecosystems around the world and bring that expertise to Malaysia for the development of local skills and innovation.
“This initiative will provide the additional boost for Malaysia to leapfrog in the region and be more competitive by preparing it for greater digitalisation and adoption of 5G enabled technologies such as large numbers of connected devices, real time interactions, artificial intelligence and machine learning,
“This MoU extension marks an important milestone in Malaysia’s push towards 5G technology, and the partnership between MRANTI, DNB and Ericsson is expected to accelerate the development of 5G-enabled STIE solutions, driving innovation and growth in various industries,” he added.
MRANTI, a convergence of Technology Park Malaysia (TPM Corp) and the Malaysian Global Innovation and Creativity Centre (MaGIC), is Malaysia’s central research commercialisation agency that fast-tracks the development of technology innovations from ideas to impact.
MRANTI serves as a connector, incubator and catalyst to enable early-stage ideation to mature entities to commercialise and scale.
DNB is a Minister of Finance Inc. company, mandated to deploy Malaysia’s 5G network and infrastructure on an accelerated schedule.
DNB will exclusively own, build and manage the 5G network, and provide wholesale 5G services to licensed service providers, as well as infrastructure and technology services to support and enable businesses and government capabilities.
Listed on Nasdaq Stockholm and on Nasdaq New York, Ericsson enables communications service providers and enterprises to capture the full value of connectivity.
The company’s portfolio spans the following business areas: networks, cloud software and services, enterprise wireless solutions, global communications platform, and technologies and new businesses.
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