Many firms yet to tap into Asean ICT market

Leo: ‘We are focused on moving up the value chain and to position ourself in Malaysia and in the region as a fully integrated solutions company.’

PETALING JAYA: According to a study commissioned by the Malaysia Digital Economy Corporation (MDEC) and conducted by the International Data Corp (IDC), the Asean ICT Market is estimated to be worth US$48bil (about RM198.7bil) by 2019.

However, many local technology companies have yet to fully capitalise on the immense potential of the Asean market.