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MDEC eyes high-value big data, analytics market


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 General , Raymond Siva , Data Technology Partnership Programmes , Malaysia Digital Economy Corporation , Premier Digital Tech Institutions , Industry Skills Framework , Digital Skills Training Directory , Fourth Industry Revolution , மலேசியா ஜநரல் , ரேமஂட் சிவா , மலேசியா டிஜிட்டல் பொருளாதாரம் நிறுவனம் , ப்ரிமியர் டிஜிட்டல் தொழில்நுட்பம் நிறுவனங்கள் , டிஜிட்டல் திறன்கள் பயிற்சி அடைவு , நான்காவது தொழில் புரட்சி ,