February 28, 2024

We are creating some awesome events for you. Kindly bear with us.

Malaysia’s Cyberjaya will be revitalised as a tech hub

According to a recent report, the Malaysian government will be working to rejuvenate Cyberjaya as the technological hub that it was intended to be, according to the Ministry of Entrepreneur Development.

The minister at the Ministry of Entrepreneur Development noted that the main objective of Cyberjaya was forgotten as it had been marketed more as a real estate destination rather than a technological hub.

He stated that the government is very keen to bring up Cyberjaya as a technological hub especially on the back of the massive potential of Malaysian technology firms to achieve high growth firms (HGF), on the side-lines of the World Bank Global Report launch titled HGF: Facts, Fiction and Policy Options for Emerging Economies” in Malaysia recently.

The leader stated that said the ministry was engaging in multiple knowledge sharing sessions with the private sectors of Japan, China and the US.

It was noted that the government believes that Malaysia has massive potential to become a battery development and manufacturing hub and the government is currently engaging with US scientists in making this viable. Other sectors that it can bring up other than technology is the software capability.

The Minister had earlier commended World Bank’s efforts for its research into the HGF report.

He noted that with the setting up of the Entrepreneur Development Ministry, entrepreneurship policies are now expected to be further strengthened and reoriented to a broader framework as to achieve the country’s goal of growing an entrepreneurial economy.

It was noted that some of the ministry’s targets include boosting small and medium enterprises’ (SMEs) contribution to the gross domestic product (GDP) to 41 per cent by 2020.

The government is, therefore,  committed to creating one million jobs in the next five years, producing 50,000 entrepreneurs to generate 200,000 jobs a year and to train 50,000 graduates a year in entrepreneurship, he said.

The World Bank country manager for Malaysia said that the country was well poised to develop an entrepreneurial economy as an engine of future growth to achieve a high-income economy.

According to the country’s Finance Minister, Malaysia has already begun re-orienting entrepreneurship policies in order to cultivate more HGFs, as outlined in the 2019 Budget.

It was noted that the probability of high growth is associated with firm capabilities manifested in innovation, external linkages, managerial experience and financial access.

When it had first been established, Cyberjaya was marketed as a project that would turn the city into a global tech hub, according to an earlier report.

The nation’s former Prime Minister had been extremely positive about the Cyberjaya City Centre project which he believed would contribute to the growth of Cyberjaya and turn it into a global technology hub.

The Malaysian Resources Corporation Bhd’s (MRCB) latest Transit Oriented Development (TOD) Project has been highly anticipated to take the nation’s technology hub to the next level.

Cyberjaya was heralded as a “game-changer” that would complete the transformation of Cyberjaya to become a global technology hub and a smart city.

It is hoped that the same enthusiasm for the city as tech hub will be re-inspired as the Malaysian government works to revitalize Cyberjaya into the technological hub it was intended to be.

PARTNER

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.

PARTNER

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.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

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.

SUPPORTING ORGANISATION

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.

PARTNER

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. 

PARTNER

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.

Send this to a friend