Home › Business › Investing
Wednesday, 9 October 2013
Kuala Lumpur: Cloud Computing investments in Malaysia is expected to reach RM2.8bil by 2020, a significant rise from the RM140mil recorded in 2012.
Multimedia Development Corporation (MDEC) chief executive officer Datuk Badlisham Ghazali said cloud computing was a focus area on Malaysia's ICT Roadmap, having created 3,000 jobs in 2012.
"Its benefits in delivering on economies of scale, shared computing platforms, more cost effective investment into infrastructure and greater human resources efficiencies, are things we can no longer ignore," he added in his opening address at the MSC Malaysia Cloud Conference here today.
Moving forward, he said, MDEC realises the value and potential of cloud computing and has worked with ICT industry players, stakeholders and other government agencies in driving its revolution in Malaysia.
"For example in 2011, we launched the MSC Malaysia Cloud Initiative (MMCI), which is focused on stepping up the development of the cloud ecosystem in Malaysia, by driving the adoption of cloud-based services," Badlisham added.
The programme, he said, enabled MSC Malaysia Independent Software Vendors (ISVs) to deploy cloud software and services as a utility, while catalysing demand by local enterprises for "Made in Malaysia" cloud software and services.
"There are more than 100 ISVs approved under the MMCI, contributing close to RM16.1mil in revenue as of 2012. With more ISVs coming on board in 2013, we expect this number to reach RM20mil by year-end," he added.- Bernama
Red lights are blinking on Malaysia's economic dashboard
E&O launches luxury condo project in Taiwan (Update)
External reinsurer to pay for claims from AirAsia Indonesia tragedy
International reserves fall
Singapore still most liveable city for expatriates
Plenty of great fun and adventure pursuits in Adelaide
Recipes created by IBM supercomputer to hit book shelves in spring
Wasteful Porto suffer shock defeat at Maritimo
Naim of the game: Meet SuriaFM's new sports commentator
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)