Cyberjaya, Malaysia – 20 January 2025 – Favoriot Sdn. Bhd., a leading Internet of Things (IoT) platform provider, and MInD Mechatronic Intelligent Design Sdn. Bhd., a technology-based company specialising in process optimisation through automation and digitisation, has formalised a strategic partnership by signing a Memorandum of Understanding (MOU).
The collaboration aims to leverage Favoriot’s expertise in IoT solutions and MInD’s proficiency in automation technologies to develop innovative applications across various industries. Both companies intend to offer comprehensive solutions that enhance operational efficiency and drive digital transformation by integrating their respective strengths.
Dr. Mazlan Abbas, CEO of Favoriot, expressed enthusiasm about the partnership, stating, “This MOU signifies a significant step towards combining our IoT capabilities with MInD’s automation expertise. Together, we aim to deliver solutions that address the evolving needs of businesses in the digital era.”
Mohd Zhafri bin Baharudin, CEO of MInD Mechatronic Intelligent Design, added, “Partnering with Favoriot allows us to integrate advanced IoT functionalities into our automation systems, providing clients with cutting-edge technology solutions that optimise processes and improve productivity.”
This partnership is expected to foster the development of smart applications tailored to sectors such as manufacturing, agriculture, and urban development, contributing to Malaysia’s advancement in technological innovation.
About Favoriot Sdn. Bhd.: Established in 2017, Favoriot offers an IoT platform designed to support integrating data from sensors and actuators on the internet, facilitating the development of IoT projects for businesses and developers.
About MInD Mechatronic Intelligent Design Sdn. Bhd.: Founded in 2016, MInD focuses on process optimisation through automation and digitisation, providing services such as prototyping development, PCB design and fabrication, and software and firmware development.