On Friday, MRCB Land, the Property Division of Malaysian Resources Corporation Berhad (MRCB) signed a Memorandum of Understanding (MoU) with Cisco and Datacraft Advanced Network Services Sdn Bhd to collaborate on the transformation of MRCB Land’s developments into smart and connected urban centers starting with Kuala Lumpur Sentral’s Lot E, known as KL Sentral Park.
The MoU is the culmination of a new business modeling discovery series undertaken by Cisco and Gold Certified Partner Datacraft for MRCB Land. It involved the identification of innovative service portfolios and replicable ICT solutions that promote sustainable, green and smart urban development practices. As a result of that and taking advantage of Cisco’s Connected Real Estate solution, MRCB Land’s building services portfolio and last mile services will be managed internally by a new organizational entity, resulting in greater efficiency and revenue returns.
“Today’s MoU cements MRCB Land’s commitment to develop sustainable, high-tech built environments that are operationally efficient and attract best-in-class tenants and visitors, ” said MRCB group managing director Shahril Ridza Ridzuan. “We believe that by building and operating our properties with cutting edge information technology we will not only improve efficiency, public safety and security, but also drive new revenue streams and more importantly benefit our consumers.”
“Cisco’s Smart+Connected Communities solution elevates the network as a platform for sustainability for integrated building management. Together with Datacraft, we explored the best way MRCB Land could utilize the power of the network to accelerate and multiply its infrastructure investments and differentiate itself from the rest of the market, ” said Cisco Malaysia managing director Anne Abraham.