KUALA LUMPUR (Feb 23): The government’s newly unveiled Malaysia Digital Economy Blueprint (MyDigital) is an overall boost to the prospects of the telecommunications sector, but the visibility of its impact on earnings is yet to be seen.
Most analysts covering the sector agreed that the national initiative is positive as it will accelerate Malaysia’s progress to becoming a technologically-advanced economy. However, they are maintaining their neutral calls on the sector for now as execution risk remains a key concern.
Last Friday (Feb 19), Prime Minister Tan Sri Muhyiddin Yassin unveiled MyDigital, a 10-year roadmap to lay the foundations for the country’s transformation towards an advanced digital economy.
KUALA LUMPUR: The Malaysia Digital Economy Blueprint (MyDigital) reflects the country’s preparedness in undertaking transformation by employing a whole-of-nation approach, says Malaysia Digital Economy Corporation (MDEC) chief executive officer Surina Shukri.
Key highlights of the new Malaysia Digital Economy Blueprint, a part of the MyDIGITAL initiative humanresourcesonline.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from humanresourcesonline.net Daily Mail and Mail on Sunday newspapers.
Migration to the cloud is an essential step in establishing Malaysia as the heart of digital Asean, says Adrian Lim, partner at Ernst & Young Advisory Services Sdn Bhd’s technology consulting practice.
The cloud computing market has grown tremendously in the region, mainly driven by the fact that it costs less, coupled with the greater awareness of data security and the underlying technology.
According to the Asia Cloud Computing Association’s Cloud Readiness Index, Malaysia ranks No 8 due to its strengths in areas such as connectivity, energy sustainability, data centre risks and business sophistication, says Lim. “The Jendela and Penjana plans that have been put in place by the government should further improve our position in the coming years,” he points out.
A good start for Sabah under GRS | Daily Express Online - Sabah s Leading News Portal dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.