What MDT Innovations does

MDT Innovations Sdn. Bhd. is a Malaysian private limited company (founded October 2004; Petaling Jaya, Selangor) that builds the IoT value chain end-to-end, from proprietary RFID hardware (LF, HF, UHF, and Active 2.4 GHz) to verticalized turnkey solutions and managed IoT-as-a-Service offerings. Its platform architecture spans inlays, smart devices, modules, reader-writers, gateways, antennae, mobile apps, and software components, with notable proprietary building blocks including the MD770R (claimed world's smallest NFC module), the NFC-in-SIM card architecture, and the LINOTAG yarn-based passive RFID antenna (the Mi-Linotag 330 variant carries MR Conditional certification at 1.5- and 3-Tesla). Productized solutions include SchoolTrac (child movement in schools), Industry 4.0 WIP Automation (smart factory with digital twin), LINOTAG Connected Apparel Suite (laundry/hospitality tagging), Ubiquitous Monitoring of Trolleys (smart retail over a private 2.4 GHz network across 250,000-500,000 sqm), RAPITA Connected Healthcare (hospital asset tracking), and parallel Fintech and Digital ID solutions (including the Indonesia ATM-sharing JV).

The company serves enterprise and government customers across multiple verticals (manufacturing, healthcare, retail, education, defense, banking, telecom, aviation) with a quote-based enterprise field sales motion and multi-year contracts, supplemented by strategic channel partnerships and joint ventures. Documented customers include a Fortune-500 semiconductor firm, retail chains in China/Malaysia/Australia, the Royal Malaysian Air Force (2025 MoU), Omni Group of Hospitals in Indonesia (via PT Indo Dwi Sentosa), and Universiti Tunku Abdul Rahman (UTAR IoT Lab). Revenue streams span hardware product sales, turnkey IoT solutions and professional services, IoT-as-a-Service/managed services, transaction fees from the majority-owned PT MDT ATM Interkoneksi fintech JV in Indonesia (USD 18.5M deal, 2017), and licensing of 30+ proprietary IP rights. The company has been profitable since 2004, derives 98.5% of revenue from exports across 20+ countries, and has cumulatively raised approximately USD 28.35M in disclosed funding, with the largest 2019 round (USD 14.25M) led by COPE Private Equity and SBI Islamic Fund (Brunei). Kumpulan Modal Perdana, a Malaysian government-linked investor, is also on the cap table.

Name

MDT Innovations

Legal name

MDT Innovations Sdn. Bhd. (200401032676 (671184-H))

Website

https://mmdt.cc

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

MDT Innovations is a Malaysian IoT enabler (founded 2004) that designs proprietary RFID hardware and turnkey IoT solutions — including NFC modules, yarn-based RFID tags, smart-factory, healthcare, and retail tracking systems — selling quote-based enterprise deployments to manufacturers, hospitals, retailers, and governments across 20+ countries.

Ownership category

akta.pro rank

Product category

IoT Solutions & RFID Hardware

NAICS

Communications Equipment Manufacturing (3342), Other Communications Equipment Manufacturing (33429)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Electronic Components & Accessories (3670)

akta.pro primary industry

Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG)

akta.pro secondary industry

MDM Platforms (Customer/Product/Supplier/Location) (HDAEADAA)

Keywords

• IoT solutions
• RFID hardware
• Smart manufacturing
• Connected healthcare
• Digital identity

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. IoT Hardware Product Sales: Sale of proprietary LF, HF, UHF and Active RFID products including tags, readers, inlays, labels, antennas, and modules — productized SKUs with downloadable datasheets across UHF-Tags, HF-Inlay Reader, LF-Reader, and Active Tag/Reader lines.
2. IoT Solutions & Turnkey Deployment: Custom end-to-end IoT systems comprising RFID inlays, IoT smart devices, modules, reader-writers, gateways, antennae, mobile apps, and software components — turnkey engagements including SCHOOLTRAC, Industry 4.0 WIP Automation, LINOTAG Connected Apparel Suite, Ubiquitous Monitoring of Trolleys, and RAPITA Connected Healthcare.
3. IoT as a Service / Managed Services: Recurring IoT-as-a-Service offerings including data analytics, monitoring, and crowd movement services across telecommunications, e-payment, smart retail, education, and aviation sectors.
4. Fintech / ATM-as-a-Service (JV): Revenue participation via majority-owned JV PT MDT ATM Interkoneksi (USD 18.5M deal with PT Interbanx Global Network) providing shared ATM management and IoT-sensor analytics for Indonesian banks on a 'true sharing' basis.
5. Licensing of Proprietary IP: Commercialization of 30+ proprietary intellectual property rights covering RFID radio frequency systems, RFID scanners, RFID tags, NFC-SIM, and LINOTAG yarn-based antenna — leveraged through strategic cooperation agreements such as with Zhaowei (兆威股份) for touch/IoT applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

MDT Innovations designs, develops, and sells proprietary IoT value-chain products including RFID inlays, smart devices, reader-writers, gateways, antennae, mobile apps, and software components. It packages these into turnkey IoT solutions (SchoolTrac, Industry 4.0 WIP Automation, LINOTAG Connected Apparel Suite, UMOT, RAPITA Connected Healthcare) and sells LF/HF/UHF/Active RFID hardware products to enterprise customers in education, manufacturing, healthcare, retail, telecom, and government sectors.

Product overview

MDT Innovations Sdn. Bhd. is one of the fastest-growing technology companies in Asia Pacific, focusing on the entire IoT value chain — from intelligent wireless communications and IoT-as-a-service to turnkey analytics solutions. Its portfolio is organized as a platform-plus-modules architecture: (1) IoT Solutions including SchoolTrac (school child tracking), Industry 4.0 – WIP Automation (Smart Factory), LINOTAG® Connected Apparel Suite, Ubiquitous Monitoring of Trolleys (UMOT for smart retail) and RAPITA® Connected Healthcare (hospital asset tracking); (2) Fintech and Digital ID solutions anchored on its MD770R NFC module and NFC-in-SIM-Card technology; (3) a full hardware product family of LF, HF, UHF and Active RFID readers, tags, inlays, labels, antennas and SDKs (including the MR-Conditional Mi-Linotag 330 UHF RFID Linen Tag); and (4) a parallel MDT Security line covering metal detection, intelligent IP video surveillance and security & traffic control. Underlying all offerings are proprietary RFID inlays, IoT smart devices, modules, reader-writers, gateways, antennae, mobile apps and software components developed and maintained by MDTi's engineering team.

Differentiator

Problem solved

Functional benefit

Brands

• SCHOOLTRAC: IoT-based school attendance and child movement detection system using wireless sensor technology.
• LINOTAG
• RAPITA
• MiRFID

Products and services

• SchoolTrac Uses wireless sensor technologies to accurately detect children's movement in and out of school area, with notification functionality for parents and schools.
• Industry 4.0 — WIP Automation (Smart Factory Solution) Consolidates smart manufacturing functions into a single platform for ease of viewing and analysis, leveraging cyber-physical systems, IoT, and digital twin to reduce development times.
• LINOTAG® Connected Apparel Suite Cutting-edge RFID design using yarn as wireless antenna, undetectable by needle detector machines, for apparel tracking from manufacturing through use in hotels, hospitals, and apparel industry.
• Ubiquitous Monitoring of Trolleys (UMOT) Smart Trolley System that conducts immediate stock count within specified areas using UEMD/UEMR/UEME on a private 2.4 GHz network, providing real-time monitoring of trolleys across 250,000–500,000 sqm areas with analytics.
• RAPITA® Connected Healthcare Prevents theft of hospital assets by alerting staff when equipment leaves the facility, monitors equipment usage, and increases cost efficiency through real-time location tracking.
• MDT RFID Hardware Product Lines (LF / HF / UHF / Active)
• Mi-Linotag 330 UHF RFID Linen Tag Passive UHF RFID tag adopting yarn as wireless antenna, designed to be sewn directly into fabric, with approximately 11m read range (on air), sustainable up to 250°C and 60 bar pressure. Validated MR Conditional at 1.5- and 3-Tesla.
• MDT Fintech Fintech enablement solution including shared ATM management and IoT-sensor analytics for Indonesian banks, delivered via the majority-owned JV PT MDT ATM Interkoneksi (MAI) on a 'true sharing' basis.
• MDT Digital ID Digital identity solution leveraging MDT's NFC and RFID capabilities, including NFC in SIM Card (NFC-SIM) technology that empowers all mobile phones to become NFC-enabled despite phone battery and metal casing.

Named customers4 records

Segments8 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

14 partnerships are on record, tiered flagship, minor and core.

• Royal Malaysian Air Force (8 Squadron)flagshipStrategic or Co-development Partner · 18 February 2025MDT Innovations signed an MoU with RMAF's 8 Squadron on 'Skup' for a social innovation competition by the Malaysian Armed Forces. Signing ceremony was held on 18 February 2025 in Kuala Lumpur, Malaysia.
• Guangzhou Techphant Technology Co., Ltd. (Techphant)flagshipStrategic or Co-development Partner · 28 November 2024Malaysian IoT enabler MDTi partnered with Chinese full-stack backhaul IoT communication system provider Guangzhou Techphant to explore ultra narrowband technologies. Techphant's strengths in R&D complement MDT's RFID/IoT stack for next-generation connectivity. Announcement made on 28 November 2024.
• Taiwan Buddhist Tzu Chi Foundation MalaysiaminorOthers · 22 April 2021CSR partnership — MDT Innovations sent 7 cartons of face masks and 120 bottles of sanitizers (out of total 7,500 boxes of face masks and 700 sanitizer bottles worth ~MYR 400,000) to Taiwan Buddhist Tzu Chi Foundation Malaysia on 19 June 2021 as part of CSR activities.
• PT Indo Dwi SentosacoreChannel Partner/ Reseller/ Distributor · 20 February 2021PT Indo Dwi Sentosa, backed by MDT Innovations, signed an MoU with Omni Group of Hospitals to spearhead MDT's reach in Indonesia. The partnership extends MDT's healthcare IoT (RAPITA) into Indonesian hospital networks.
• MIDA (Malaysian Investment Development Authority) — MADC HyTalent ProgrammecoreGTM or Marketing Partner · 8 October 2020IoT enabler MDT Innovations connected with MIDA on the MIDA Assessment Development Centre's (MADC) HyTalent programme. MoU signed by Dato' Azman Mahmud (CEO of MIDA) and Liew Choon Lian (CEO of MDTi) on 8 October 2020.
• MIDA (Malaysian Investment Development Authority)coreOthers · 8 October 2020See MoU for MADC's HyTalent programme — MDT joined MIDA for the MADC project on 8 October 2020 with the aim of talent development.
• MDT Energy Sdn BhdminorStrategic or Co-development Partner · 8 October 2020Member of the Board of MDT Energy Sdn Bhd — listed as COO Sim Hon Wai's other board position.
• IACSP (International Association of Counter-terrorism & Security Professionals) — Southeast Asia RegionminorGTM or Marketing Partner · 18 June 2019Co-organized the Cyber Defense Conference 2019 (CYDEF) on 18-19 June 2019 in Kuala Lumpur with IACSP Southeast Asia Region Center of Studies; conference officiated by DPM Datuk Seri Dr. Wan Azizah Dr. Wan Ismail.
• Universiti Tunku Abdul Rahman (UTAR)coreImplementation/ SI/ Consulting Partner · 27 May 2019MDT Innovations and UTAR formalized collaboration on 27 May 2019 with a total contribution of MYR 213,000 to fund a capstone project award, IoT lab upgrading works, and UTAR Graduate Award through the LKC Faculty of Engineering and Sciences. One of UTAR's labs is named 'MDT Innovations IoT Laboratory'. Ceremony attended by MDT CEO Liew Choon Lian, COO Sim Hon Wai, UTAR President Dato' Dr. Chuah Hean Teik, and VP Prof Ts Dr. Faidz bin Abdul Rahman.
• Zhaowei (兆威股份)flagshipStrategic or Co-development Partner · 24 October 2017Long-term strategic cooperation agreement signed on 24 October 2017 in Guangzhou between Zhaowei Chairman Ms Lin Qi (林琦女士) and MDT Group Chairman & CEO Liew Choon Lian. The two parties will leverage complementary strengths and resources to develop touch technology and IoT/RFID applications, jointly cultivating domestic and overseas markets. MDT contributes 30+ proprietary IP; Zhaowei brings complete touch-tech solutions and manufacturing integration.
• PT Interbanx Global NetworkflagshipStrategic or Co-development Partner · 18 July 2017Partnership formed on 18 July 2017 to establish a new joint venture company in Indonesia in a deal worth USD 18.5 million. The new entity PT MDT ATM Interkoneksi (MAI) focuses on fintech business in Indonesia, providing ATM sharing services to Indonesian banks on a 'true sharing' basis, with MDT's IoT sensors and analytics deployed to measure usage patterns and transactions. MAI is majority-owned by MDT Innovations.
• RF Japan Co., Ltd.minorStrategic or Co-development Partner · 1 January 2017Founder and Group Chairman & CEO Liew Choon Lian is a Member of the Board of RF Japan Co., Ltd. — referenced in management team bios.
• Multimedia Display TechnologiesminorStrategic or Co-development Partner · 1 January 2017Member of the Board of Multimedia Display Technologies — referenced as board positions of MDT COO Sim Hon Wai and CMO Yap Wei Loong.
• CF-MDT Electronics Science & Technology Co., Ltd.minorStrategic or Co-development Partner · 1 January 2017CMO Yap Wei Loong is a Member of the Board of CF-MDT Electronics Science & Technology Co., Ltd. — a related/co-branded entity.

Scale indicators12 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Impinj: Impinj is a US-listed RAIN RFID platform provider offering tags, readers, and software for retail, supply chain, and industrial IoT — directly comparable to MDT's UHF RFID product lines and IoT stack. Both compete for the same enterprise customers deploying RFID-based item intelligence.
• Alien Technology: Alien Technology is a pure-play RFID inlay and reader manufacturer with a long industry pedigree, directly comparable to MDT's LF/HF/UHF/Active RFID product families. Both target supply chain, retail, and industrial asset-tracking deployments.
• Checkpoint Systems: Checkpoint Systems provides RFID-based retail loss-prevention, inventory, and smart-retail solutions — directly comparable to MDT's UMOT smart-retail trolley tracking and broader IoT value-chain offering for retailers.
• HID Global: HID Global is a major player in RFID, NFC, and digital identity solutions for physical and logical access control — directly comparable to MDT's NFC-SIM Digital ID and RFID reader/writer portfolio, particularly in government and enterprise identity use cases.
• Identiv: Identiv provides RFID, NFC, and IoT solutions for physical access, smart packaging, and supply chain — comparable to MDT's LF/HF/UHF RFID tags and readers plus Digital ID solutions, though Identiv is US-focused while MDT is APAC-focused.

Broad incumbents

• Zebra Technologies: Zebra is a large global provider of RFID, barcode, and enterprise asset-tracking solutions spanning retail, manufacturing, healthcare, and logistics — overlapping with MDT's INDUSTRY 4.0 WIP Automation, RAPITA, and UMOT use cases at much greater scale.
• Avery Dennison (Smartrac): Avery Dennison acquired Smartrac to build a global RFID inlay and tag business serving retail, apparel, and supply chain — directly comparable to MDT's UHF RFID tag and LINOTAG apparel-tracking offerings, but with substantially greater scale and reach.
• NXP Semiconductors: NXP is a global leader in NFC chipsets and secure connectivity — a broad incumbent adjacent to MDT's MD770R NFC module and NFC-in-SIM platform, providing the silicon foundation that MDT's module designs build on.
• Honeywell: Honeywell's Productivity Solutions and Sensing & IoT divisions provide industrial RFID readers, mobile computers, and asset-tracking software for manufacturing, healthcare, and logistics — broadly overlapping with MDT's Industry 4.0 and RAPITA offerings at much greater scale.
• Siemens: Siemens Digital Industries is a major provider of industrial automation, digital twin (via Xcelerator/MindSphere), and Industry 4.0 solutions — broadly comparable to MDT's WIP Automation and Digital Twin offerings for smart factories, with a much larger global sales footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mdtinnovations
• YouTubeyoutube.com/user/mdtsdnbhd
• Facebookfacebook.com/mdtinnovations
• LinkedInlinkedin.com/company/mdt-innovations

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries7 records

Funding overview

Funding rounds8 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MDT Innovations