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Redefining Malaysian digital landscape with video

The head of the Malaysian branch of a Swedish multinational networking and telecommunications company noted that the digital landscape is changing at an unprecedented pace.

An increase in smartphone penetration and access to high-speed broadband is fuelling exponential data growth by the virtue of OTT networks, increased consumption of HD content and use of advanced tech like AI, AR and VR.

As a result, data economies are springing up around the globe. Concurrently, emerging economies are rapidly scaling up capabilities to become high-growth nations with a robust digital backbone.

Malaysia, among them, is one of the early adopters of this trend. The country’s Internet traffic has been growing at 52% CAGR since 2012. The growth in the number of digitally savvy millennials and their video consumption habits, have been a key contributor to this phenomenon.

Fuelling data traffic through video consumption

According to the latest company’s Mobility Report, video currently stands out as the most significant slice of the data consumption pie, accounting for around 60% globally and is expected to reach 74% by 2024.

In Southeast Asia and Oceania (excluding India and China), monthly mobile data traffic per active smartphone is expected to experience a six-fold increase from 3.8GB in 2018 to 19GB by 2024.

Malaysians are also increasingly consuming video-rich content, spending an increasing amount of time streaming video clips on social media, tuning into shows on demand on multiple devices as well as sharing video content with friends, anytime and anywhere.

A shift from low-and standard-definition video formats to 720p HD and 1080p Full HD is also powering high-quality video consumption.

In the retail sector, video is playing a significant role in redefining online shopping with respect to product discovery and showcase as well. Brands are offering live-streaming features in e-commerce, giving consumers an immersive experience through live interactions, product demos and simultaneous shopping options.

5G is critical to manage data deluge

As user habits continue to evolve and become more reliant on data, it will have significant impact on network infrastructure. While 4G and LTE technologies can support the applications today, the current infrastructure needs to evolve to 5G to back the exponential growth in data traffic.

With data rates that are 100 times faster as well as significantly reduced network latency, 5G will greatly improve network performance. As per the Mobility Report, 25% of the data traffic will be carried by 5G networks by 2024.

In Malaysia, 5G will present immense benefits for many sectors such as agriculture, which contributed 8.09% to the overall GDP of the country in 2018. With the help of smart, wireless sensor networks and HD video feeds, farmers can regulate temperature and humidity conditions, distribute water efficiently and optimally across farms. They can further monitor and improve crop treatment, thereby building sustainable business models.

Likewise, 5G will have profound impact on industries including manufacturing, mining and healthcare. Organizations can collaborate with workers in remote locations with HD video-conferencing seamlessly and even conduct large-scale workforce training with the help of AR and VR tools. The applications will be further spread across the fields of advanced citizen services as well as smart transport systems including driverless cars.

Achieving widespread deployment

The Malaysian Government’s decision to establish a national 5G taskforce in November 2018 was a clear move to help Malaysia become a 5G-ready nation. In fact, the Malaysian Communications and Multimedia Commission has announced preparations for commercial roll-outs of 5G in 2022.

To achieve a wide scale deployment, fostering a cohesive partnership amongst all stakeholders. As a result, the country will be is primed for a faster and more reliable network with low latency and greater capacity. 5G will serve as a critical infrastructure for Malaysia.

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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