10 Best CEOs to Watch in Asia 2024
Business Fortune

Liew Choon Lian, the Group Chief Executive Officer of MDT Innovations (MDTi), stands as a prominent figure in the technology sector, leading one of the fastest-growing companies in the Asia Pacific. With a strong background in engineering and a passion for innovation, Liew has driven MDTi to the forefront of the Internet of Things (IoT) landscape since its inception in 2004. His leadership is characterized by a commitment to advancing technology that enhances user experiences and delivers significant business improvements.
Under Liew's guidance, MDTi has emerged as a key player in the IoT value chain, specializing in intelligent wireless sensors, IoT as a service, and data analytics. The company has achieved remarkable engineering feats, including the development of the world's smallest NFC module, the MD770R, and pioneering NFC technology within SIM cards. These innovations showcase Liew's vision for integrating advanced technology into everyday applications.
The MDT Innovations Difference
MDTi's solutions address critical domains such as crowd movement, things management, and fintech enablement, catering to Fortune 500 companies and retail chains across China, Malaysia, and Australia. The company has consistently demonstrated profitability and substantial growth, boasting over half a billion in accumulated export sales, with 98.5% of its revenues generated from international markets. This global reach is a testament to MDTi's innovative solutions and Liew's strategic leadership.
Recognized with multiple accolades, including the Asia Pacific ICT Awards and the Prime Minister's Award, MDTi has established itself as a trailblazer in the industry. Liew's vision and dedication have positioned the company as a leader in IoT solutions, continually pushing boundaries to provide cutting-edge technologies that empower customers to connect with their environment and make sense of it. Through a culture of innovation and a focus on delivering value, Liew Choon Lian and MDT Innovations are at the forefront of shaping the future of IoT in the Asia Pacific region.
Pioneering IoT Solutions for a Smarter Future
MDT Innovations (MDTi) is at the forefront of the Internet of Things (IoT), focusing on research, design, development, deployment, and maintenance of key components and infrastructural solutions. With a dedicated engineering team, MDTi develops comprehensive IoT systems that encompass a wide array of technologies, including RFID inlays, smart devices, modules, reader-writers, gateways, antennas, mobile apps, and software components. This extensive portfolio ensures that MDTi remains a leader in the evolving IoT landscape.
SCHOOLTRAC: Enhancing Safety in Schools
One of the innovative solutions developed by MDTi is SCHOOLTRAC, which employs advanced wireless sensor technologies to accurately monitor children's movement in and out of school areas. This system provides real-time notifications, ensuring parents and school staff can keep track of student safety. By leveraging cutting-edge technology, SCHOOLTRAC enhances security and peace of mind for families and educators alike.
MDT Fintech: Transforming Payment Solutions
In the realm of financial services, MDT Fintech stands out as a leading outsourcing service provider specializing in hosted payment services. The DNA suite of products offers payment gateways and professional services that cover end-to-end solutions for financial institutions and payment service providers. MDT Fintech prides itself on delivering fast, reliable, and modern systems that cater to the evolving needs of businesses. Their commitment to continuous improvement ensures that partners and customers receive exceptional value through innovative payment solutions. Collaborating closely with ACI Worldwide, MDT Fintech extends its services across the Asian region, providing a robust and efficient payments platform.
MDT Digital ID: Building Trust in the Digital Economy
In today’s digital world, fraud and security concerns are more prevalent than ever. MDT Digital ID addresses these challenges by providing top-tier identity management solutions. The company collaborates with government agencies and partners globally to tackle complex identity verification requirements. By offering secure appliances, personalization, and support, MDT Digital ID helps organizations ensure optimal efficiency while minimizing implementation risks. With MDT Digital ID, clients can confidently build, prove, verify, and maintain digital identities, fostering trust in an increasingly interconnected world.
Embracing Industry 4.0: WIP Automation
MDTi is also embracing the Industry 4.0 trend, focusing on automation and data exchange in manufacturing technologies. By integrating cyber-physical systems and the IoT, MDTi is helping companies enhance productivity and efficiency in their operations. This approach ensures that businesses are well-equipped to adapt to the rapid changes in technology and market demands.
LINOTAG®: The Future of RFID Technology
The LINOTAG system represents the cutting edge of RFID design. Using yarn as a wireless antenna that goes undetected by needle detector machines, LINOTAG offers a unique solution for various applications, including retail and supply chain management. This innovative technology enhances the tracking and management of inventory, paving the way for smarter operations.
Smart Trolley System: Streamlining Inventory Management
MDTi's Smart Trolley System is another remarkable innovation that enables immediate stock counts within specified areas. This system allows businesses to optimize staff utilization and enhance operational efficiency. By providing real-time insights into inventory levels, the Smart Trolley System ensures that businesses can respond quickly to changing demands.
RAPITA®: Safeguarding Healthcare Assets
In the healthcare sector, RAPITA is designed to prevent the theft of hospital assets by alerting staff when equipment is taken out of the facility. This system not only enhances security but also monitors equipment usage, contributing to increased cost efficiency within healthcare organizations.
The Road Ahead
MDT Innovations is revolutionizing the IoT landscape with its diverse range of solutions that prioritize safety, efficiency, and trust. From enhancing school safety with SCHOOLTRAC to transforming payment solutions through MDT Fintech, the company continues to push boundaries and create value for its partners and customers. Under the leadership of Liew Choon Lian, MDT Innovations is committed to leveraging technology to improve everyday lives and drive the future of connectivity and intelligence in various sectors.
Liew Choon Lian, Group Chief Executive Officer