February 25, 2024

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MDEC Launches Programme to Spur Digitalisation

The Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in digital transformation, announced the launch of MDEC Innovation Exchange (MIX), a programme designed to accelerate the digitalisation of the nation’s economy on 27 May 2021.

MIX is part of the agency’s corporate innovation efforts aimed at empowering large corporates with value-added digital transformation via local innovations; bringing together established corporates and world-class local technology players.

MIX acts as the essential link between corporates and high calibre local tech start-ups and scale-ups, enabling organisations to realise their asset value, understand their pain points and pervasively deploy and utilise digital and data technologies.

MDEC’s CEO stated, “The pandemic has brought digitalisation to the fore, rapidly shifting the paradigm of digitalisation and servitisation of the economy. It is no longer a choice but a necessity. “In line with the Malaysia Digital Economy Blueprint (MyDIGITAL) and coinciding with our agenda of Malaysia 5.0, MIX will greatly benefit local enterprises to pivot digitally and boost their competitiveness, thus accelerating a nation by providing equitable digital opportunities to the people and businesses.”

The MIX programme by MDEC is set to be a game-changer in pushing for industrial advancement in Malaysia while contributing to the successful growth of the nation’s startup scene. MDEC will provide the bridge between corporates and startups via the following steps of engagement:

Design Thinking: MDEC will help participating corporates to identify crucial problem statements and pain points within their respective organisations. Following which the agency will advise the corporates on the right solutions required for their digital transformation

Exploration & Networking: MDEC will connect the corporates to a pool of over 800 tech startups and scale-ups that can provide solutions or proofs of concept (POCs). The agency will do this by curating a list of relevant solution providers based on the corporate’s problem statements.

Partnerships & Market Access: MDEC will co-create programmes with accelerators, venture builders and VC communities to unearth and highlight the best technology solutions for potential collaborations (ie. funding, mentorship, business deals, acquisitions)

Empowering Talents: MDEC will help participating corporates with the hiring of digitally-savvy talents through initiatives such as MyDigitalWorkforce Work in Tech (MYWiT) and the Premier Digital Tech Institutions (PDTI). The agency will also assist the corporates in the upskilling of existing staff

CSR Programmes: Participating corporates will be able to collaborate with MDEC on programmes and initiatives such as SayaDigital, eBerkat and the Global Online Workforce (GLOW) to support underprivileged communities in Malaysia

Through MDEC’s corporate innovation programmes and initiatives, the agency has formed 85 engagements with 85 corporate partners across seven economic sectors – namely telecommunications, manufacturing & engineering, transport, finance, services, property & agriculture and FMCG – to help them embark on their digital transformation journeys.

To date, the agency has assisted the organisations in tackling 75 problem statements, in addition to creating nearly 1,300 opportunities for relevant tech companies, signing five memorandums of understanding (MoUs) as well as achieving 13 business deals.

The MIX programme by MDEC is open to all corporates wishing to be a part of the innovation space. They can also apply to involve themselves in multiple innovation initiatives under the programme. To register your organisation for the MIX programme, visit the website.

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.

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