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PUTRAJAYA: With data being “the new gold”, Malaysia is set to enjoy economic ripple effects from the RM4bil “Bersama Malaysia” initiative with tech giant Microsoft Corp that will also strengthen the country’s potential as a regional data hub.
The initiative will see Microsoft set up its first data centre region in the country to deliver trusted cloud services locally and to upskill one million Malaysians by the end of 2023.
Prime Minister Tan Sri Muhyiddin Yassin said this significant investment from Microsoft further fortified Malaysia’s position as a potential data hub.
“I am delighted to welcome Microsoft’s long-term commitment to Malaysia in empowering our inclusive digital economy and look forward to our long and prosperous digital partnership, ” said Muhyiddin in his keynote address when launching the Microsoft “Bersama Malaysia” initiative here yesterday.
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Microsoft has launched the “
Bersama Malaysia” (Together with Malaysia) initiative in line with Malaysia’s plans of advancing the nation’s digital transformation across the private and public sectors.
As part of the plan, Microsoft will establish its first datacentre region in the country to deliver cloud services locally, with data security, privacy, and the ability to store data in-country. Microsoft also plans to train an additional one million Malaysians by end of 2023 to help create economic opportunities for people and businesses in the digital era. According to Reuters, Microsoft is investing US$1 billion in the country over the next five years. IDC’s research found that Microsoft’s investment in Malaysia will help generate up to US$4.6 billion in new revenues for the country’s ecosystem of local partners and cloud-consuming customers over the next four years. Additionally, the research estimates Microsoft, its partners, and cloud-using customers will together
PUTRAJAYA: The establishment of Microsoft Corp s first datacentre region in Malaysia under its Bersama Malaysia Initiative” costing at least US$1 billion (US$1=RM4.127) over the next five years is expected to create 19,000 jobs, including 4,000 IT-related jobs among its cloud users.
Prime Minister Tan Sri Muhyiddin Yassin said according to the International Data Corporation, the ripple effects of the datacentre region investment could translate into US$6.90 (about RM28.47) of revenue generated in the local cloud ecosystem for every US$1 of Microsoft Malaysia’s cloud revenue by 2024.
Under the initiative, he said Microsoft has also formed five partnerships with government agencies and local companies, including the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU), Human Resources Development Fund, Petronas, Celcom, and Grab.