October 21, 2020

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MDEC partners to train Malaysian students in analytics

An American multinational developer of analytics software has committed to up-skill a minimum of 500 students in analytics across Malaysia by the end of 2020, in response to increased demand for data science expertise. Under the banner of the firm’s Software Certified Young Professionals (SCYP), the program will collaborate with the Malaysia Digital Economy Corporation (MDEC) to help drive the adoption of emerging technologies across the country.

Central to such efforts will be enabling students to work towards the certification in programming, machine learning and visual analytics through e-learning courses, supported by access to online communities and webinars.

The Managing Director of Malaysia at the firm stated that the company has a deep-rooted history in academia. Launching a program to empower Malaysian students with the firm’s analytics knowledge and expertise helps in answering the rising demand for technology professionals in Southeast Asia.

Business organisations need people who can make sense of data, manage and analyse it, build models and determine what information delivers the most value. Students with an analytical skillset will be highly sought after.

Once students have completed the e-learning courses and attended the associated webinars, a certification exam will follow before connections with SAS customers seeking young data science professionals.

Within Southeast Asia, “free or heavily subsidised” online courses are available to undergraduate, postgraduate and PhD students who are enrolled at a university, business school or university college in Malaysia, Indonesia or Vietnam. There are currently three courses available for students in Malaysia and Vietnam, and five courses on offer in Indonesia, spanning data analytics, statistics, machine learning and virtualisation.

The CEO of MDEC stated that the agency’s strategic partnership with the software company aligns perfectly with its commitment to ensuring delivery of technology relevant programmes to Malaysian students and help Malaysians make the digital leap into the era of the Fourth Industrial Revolution.

The agency sees its public-private partnership initiatives such as the tech firm contributing to Malaysia’s overall growth of the data science skills required in the workforce to support the digitally-driven economy, which is also critical to meet the demand of the current and future job market.

Growing demand for tech professionals

OpenGov Asia earlier reported that Malaysians with niche skills in technology have far brighter prospects in 2020 as many sectors are hiring in their push forward with digitalisation. A Malaysia-based consultancy’s 2020 salary survey revealed that job opportunities and higher pay were expected for those in mid to high-level management positions in eight sectors.

Talents with niche skills who are changing jobs, on the other hand, are looking at an increment of up to 30 per cent due to demand outstripping supply, the firm’s Country Manager for Malaysia said in a statement accompanying the survey report.

The survey also encouraged as employers may be more open to hiring job seekers with the necessary tech skills but who may have less industry experience.

Moreover, as Malaysia invests more into its technological infrastructure, the more it will see tech talent flooding into the nation, thereby growing its digital economy and pushing forward its Industry 4.0 goals.