Tharmaindran K.Gannasin, CEO of Bnetworks (left) and Andrew KIM, Head of Global Hotel Solutions at Yanolja

KUALA LUMPUR, Aug 26 (Bernama) -- South Korea’s Yanolja, a global top leisure platform, and Bnetworks, an incubatee of Technology Park Malaysia (TPM) Corporation, have established their partnership with a Strategic and Technology Development Agreement to expand its hotel solutions into the Southeast Asian market.

According to the terms of the deal, both companies will combine its respective technologies & hardware to roll-out IoT & AI driven automated room management systems (RMS). They will also work closely together in the promotion and sales of the solution to expand into markets in Southeast Asia, with a focus on Malaysia, Philippines and Singapore for now.

Yanolja is the largest online travel agency and the only unicorn travel-related company in South Korea. The company is also now the world’s number one in the cloud-based property management system market, following its acquisition of eZee in 2019. Its Y FLUX solution addresses pain points in the hospitality industry with its fully integrated and automated features such as mobile concierge, room service by robots, vending machines for amenities and more. 

“Previously, hotels managed different datasets for different services, so real-time data sharing and integrated data management were difficult. Y FLUX RMS is a leading cloud-based technology that organically and seamlessly connects data across all services provided by hotels. We will introduce optimum technologies for local hotels and bring innovation to the Southeast Asian hospitality industry through the partnership with Bnetworks, a leader of IoT technologies in the region,” said Jongyoon Kim, CEO of Online Business and Corporate Strategy at Yanolja.

CEO of Bnetworks, Tharmaindran K.Gannasin sees this collaboration and expansion as a game changer for the hospitality industry within the Southeast Asia region.

“This partnership will be a new milestone for both entities with endless opportunities. Open technology partnerships and collaborative commercial models are the new digital economy formula. This partnership leverages on technologies, platforms, and services of both entities,” he said. “Together, we see a bright future in enabling convergence of solutions and versatile platforms, while future-proofing hospitality industries by empowering the stakeholders with long-term sustainable digitalisation strategies and business continuity”.

Bnetworks is a member of MDEC’s GAIN programme that is designed to catalyse the expansion of Malaysian tech companies to soar on the global stage. Gopi Ganesalingam, Vice President of MDEC’s Global Growth Acceleration Division commended Bnetworks for being an exemplary Malaysian tech company that is redefining smart living through innovative automation and digitalization solutions for private and commercial dwellings.

“The collaboration between Bnetworks and Yanolja is a testament of Malaysia’s capability of becoming an IoT and AI hub in the region, which will bolster the nation’s aspiration of being the heart of digital ASEAN and as a preferred tech investment destination,” added Gopi.

In addition, Bnetworks’ bWave IoT platform ensures all communications are encrypted with modern cryptography and presence of strict firewall protocols. Cyber threats will be constantly monitored and automatic security patches will be updated to ensure the smart devices are not vulnerable to cyber threats and hackers. Through a closer understanding of the assets, operations and the guests, IoT provides access to analytics and a level of control to a hospitality environment, which was not available before.
 
Technology Park Malaysia, an agency of the Ministry of Science, Technology and Innovation, has an integrated infrastructure, facilities and support services to assist technopreneurs who are keen to commercialize their ideas in the three industry clusters, namely, ICT, Engineering and Biotechnology

About Bnetworks Sdn Bhd

An incubatee company of TPM, Bnetworks Sdn Bhd develops, manufactures and provides end-to-end Internet-of-Things (IoT) solutions for smart city, smart living, connected hospitality and assisted living segments; which includes automation, climate control, safety & security, entertainment, energy management and surveillance.

Its bWave Universal IoT solution is a gateway that connects IoT devices and is controlled with a single interface. The multiple award winning, locally manufactured and 1st commercialized IoT solution in Malaysia has been leveraged by top property developers and telecommunication partners in the country.

Issued by:
Corporate Communications Department 
Technology Park Malaysia Corporation Sdn Bhd 

SOURCE: Technology Park Malaysia Corporation Sdn Bhd 

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Puan Aniz Adura Abdul Majid, 
Senior Manager, Strategic Communication & Stakeholder Management 
Tel: 603-8998 2020 / 019-646 6258
Fax: 603-8998 2110 

Name: Tharmaindran K.Gannasin
Chief Executive Officer
Tel: 019-661 6048 

--BERNAMA