February 23, 2024

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Malaysia Sets Up Southeast Asia’s First Centre to Boost 4IR

The Malaysian Government announced the establishment of the Centre for the Fourth Industrial Revolution (C4IR), an independent centre within the World Economic Forum, to support the achievement of Malaysia’s overarching vision under its 4IR Policy launched in 2021, as well as the Malaysia Digital Economy Blueprint. The new centre aims to accelerate technology adoption that will help secure a more equitable, inclusive, and sustainable growth for Malaysia as the economy recovers from the COVID-19 pandemic.

The establishment of this centre, also the first in Southeast Asia, highlights the Malaysian Government’s commitment to prioritising technology as a key catalyst for economic growth and post-pandemic recovery, as well as supports its aspiration to be a regional leader in the digital economy.

The “C4IR” will be part of the Forum’s global network for multi-stakeholder cooperation to realise the benefits of emerging and innovative technology. Through its current network of centres globally, the C4IR is pioneering an agile and human-centred model of tech-focused policy development and implementation.

The C4IR will be officially set up and officiated by Malaysia’s Prime Minister in the second half of 2022. The C4IR establishment was announced on behalf of the Malaysian Government by Malaysia’s Minister of Finance, on the sidelines of the World Economic Forum Meeting held from 23 May to 26 May 2022.

Malaysia’s Minister of Finance stated that the country is accelerating its digital transformation journey, and its ability to leverage 4IR technologies such as artificial intelligence, nanotechnology, renewable energies and quantum computing will be one of the leading drivers for the nation’s sustainable, resilient and inclusive economic growth in decades to come.

To this end, having the C4IR helps ensure that Malaysia’s choice of technologies and their interaction across the physical, digital and biological domains will serve humanity not just materially, but also meaningfully. As such, the Ministry of Finance looks forward to working with the relevant ministries to ensure the C4IR’s success as a platform for technological transfers and for developing local capacity as quickly as possible.

The Managing Director of the World Economic Forum stated that they forward to welcoming Malaysia to the Centre for the Fourth Industrial Revolution’s global network later this year. As the first centre in Southeast Asia, C4IR Malaysia will play a critical role in leading the digital transformation in the region.

Once established, the C4IR will be managed by the Economic Planning Unit in the Prime Minister’s Department, with programmes to be crafted and implemented in collaboration with the Ministry of Finance, Ministry of Communications & Multimedia and Ministry of Science, Technology & Innovation.

The World Economic Forum will also continue to play a collaborative role in the operationalisation of the C4IR. Key target beneficiaries of Malaysia’s 4IR agenda include youths (e.g., through better access to learning methods and skills-enhancement powered by edutech); social enterprises (e.g., to solve socio-economic issues, facilitate digital onboarding and bridge the rural-urban digital gap); businesses (e.g., to develop industry-led and sectoral based 4IR-powered capacity) and the public sector (e.g., to leverage on big data to improve public service delivery).

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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