February 22, 2024

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New Cloud Infrastructure Launched in Malaysia

A significant milestone in cloud computing was marked recently with the announcement of plans to establish a cloud computing infrastructure in Malaysia. The Malaysian Investment Development Authority (MIDA) expressed confidence in the country’s digital economy and its potential for long-term growth as a major provider plans to invest approximately RM25.5 billion (USD6 billion) by 2037. This investment is expected to accelerate nationwide digitalisation, foster innovation, and cultivate a skilled digital workforce, in line with Malaysia’s ambition to become a leader in cloud computing.

The investment made by a major cloud provider was announced by the Prime Minister of Malaysia, during an event that highlights cloud services. The event was attended by several government officials, including the Minister of International Trade and Industry (MITI), the Minister of Economy, the Deputy Minister of Communications and Digital, and the Deputy Minister of Human Resources.

The Minister of International Trade and Industry (MITI) expressed appreciation for the decision made by a major cloud provider to establish a Cloud Computing Infrastructure in Malaysia. According to the Minister, the infrastructure will create value and opportunities for growth through data and cloud-based technologies. By adopting cloud computing, Malaysia aims to enhance its global competitiveness and attract foreign investors while empowering all industries and local SMEs to pursue innovation. The Minister also looks forward to the cloud provider’s continued investment in talent training and development, particularly in cloud-based technologies among Malaysia’s workforce.

The Minister of International Trade and Industry (MITI) expressed appreciation for the decision made by a major cloud provider to establish a Cloud Computing Infrastructure in Malaysia. The Minister stated that the infrastructure will create value and opportunities for growth through data and cloud-based technologies. By adopting cloud computing, Malaysia aims to enhance its global competitiveness and attract foreign investors while empowering all industries and local SMEs to pursue innovation. The Minister also looks forward to the cloud provider’s continued investment in talent training and development, particularly in cloud-based technologies among Malaysia’s workforce.

Malaysia is home to one of the most advanced data centre markets in Southeast Asia. Valued at RM4.7 billion (US$1.06 billion) in 2021, the market is expected to grow significantly in the coming years, reaching a value of RM7 billion (US$1.57 billion) by 2027, according to market analysis.

Between January and September 2022, the information and communications sub-sector saw approved investments valued at RM69.2 billion (US$14.9 billion). Out of the total approved investments for this sub-sector, RM60.7 billion (US$13.1 billion) were allocated for data centre activity.

The Digital Investment Office (DIO) is playing a key role in facilitating digital investments by assisting investors in connecting with local partners and navigating regulatory requirements. Thanks to the efforts of DIO, the Malaysian government is making progress towards its goal of attracting RM70 billion in digitalisation investments by 2025.

Malaysia’s progress towards its digitalisation investment goal is being bolstered by significant investment in various tech areas, including the development of communication network infrastructure as the country transitions to 5G. Malaysia’s strategic location, abundant natural resources, and skilled workforce are also contributing factors that make the country an attractive destination for digital investments.

The support of the Malaysian government, particularly through MIDA’s efforts to attract quality investments, has been crucial in driving the country’s digital developments to date, with more to come in the future. Malaysia is taking advantage of the vast possibilities offered by the digital revolution and leveraging technology to overcome the challenges ahead.

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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