Talent: Digital job vacancies almost tripled in Malaysia theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
10 May 2021 / 22:12 H.
PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) is optimistic about the big data analytics (BDA) market growth outlook and the significant digital investment opportunities that it can bring, especially in the data technology and service-related field.
In Malaysia, MDEC commissioned a study by IDC has forecast the BDA market to grow in 2021 from US$1.1 billion (RM4.5 billion) to US$1.9 billion in 2025 with the services sector contributing 64% of the total data-driven spending, while the banking and telecommunications sector contributing nearly a third.
“Covid-19 has been a true game-changer in terms of demand for BDA which is backed by the surging demand for data and cloud services, both accelerating digital transformation and enabling business sustainability,” MDEC investment and brand senior vice president and chief marketing officer Raymond Siva said.
MALAYSIA Digital Economy Corporation (MDEC) has pledged support and commitment towards making MyDIGITAL a key driver of national development and success, says its chairman Datuk Dr Rais Hussin Mohamed Ariff.
“MDEC, with the full support of the Ministry of Communications and Multimedia Malaysia, will continue to lead the digital economy forward; centred on ensuring shared prosperity for the many, and towards realising Malaysia 5.0,” he says in response to the launch of MyDIGITAL.
From a digital skills and jobs perspective, MDEC has accelerated efforts to expand the digital capabilities of Malaysians, he adds.
To date, more than 3,800 free courses have been offered, with more than 21,000 successful applications. The MyDIGITALmaker initiative has benefited some 1.6 million school students nationwide, he states.
Digital skills key to bolstering workforce innovation 22 Feb 2021 / 10:00 H.
AS digital technologies have notably begun to play an even more critical role in the economy, it is increasingly clear that there is a real need to prepare talent – newly graduated or now in the workforce – for digital jobs. More companies are becoming digital by default, with 91% of organisations having to adopt or have plans to become a “digital-first” business strategy.
In fact, an average of US$15.3 million (RM61.85 million) over the next 12 months will be spent on digital initiatives, according to the IDG Digital Business Survey 2019. The Department of Statistics Malaysia (DOSM) has revealed that small and medium-sized enterprises (SMEs) now comprise 48.4% of Malaysia’s employment and another similar report from Huawei revealed how 48% of SMEs recognise the lack digital skills.
Malaysia has attracted RM345b in digital investments to date — MDEC chairman theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.