Cloud computing needs holistic policies


  • Technology
  • Tuesday, 14 Jan 2020

JOS Malaysia Sdn Bhd managing director Steven Soo

PETALING JAYA: The cloud computing market in Malaysia, which is estimated to be around US$900mil this year and growing, needs comprehensive policies and liberalised regulations to elevate its adoption moving forward.

JOS Malaysia Sdn Bhd managing director Steven Soo, who is an expert in the area of cloud computing, told StarBiz that although cloud computing is gaining popularity in the country and around the globe, the the stark reality is that the cloud market in Malaysia is not yet matured.

"It is growing at a rapid pace, but only from a small base and in less regulated sectors. All in all, it is still very slow in heavily regulated sectors such as health and financial services.

"Ideally, in order to propel Malaysia forward as a cloud-friendly country, the government, among other measures, needs to liberalise regulations to elevate the adoption of cloud computing. Studies have indicated that countries with policies that promote cloud computing will increase their productivity and advance their economy," he added.

Based on the company's market insights, Soo said security and privacy and data sovereignty are the top challenges impeding cloud deployment in Malaysia, scoring 36% and 32% respectively, ahead of outdated cybersecurity policy, lack of competent cloud service providers and overall awareness.

According to BSA’s 2018 Global Cloud Computing Scorecard (a study that assesses cloud computing policies around the globe), Malaysia ranked 14th out of 24 leading IT economies. In Malaysia, deploying cloud-based ICT solutions has become the most important trend and is expected to reach about US$900mil by this year.

Cloud computing is essentially a web-based technology whereby data is hosted and managed through the Internet and web to support an organisation’s IT infrastructure.

It revolves around the delivery of computing services – including servers, storage, databases, networking, software, analytics and intelligence – which is done remotely over the Internet.

The advantages of this technology, Soo said are vast as it facilitates a more responsive organisation in terms of faster innovation, flexibility, agility, speed and economies of scale.

He believes with the exponential increase in data usage in this digital era, it is becoming increasingly difficult for organisations to keep all of their vital information, programmes and systems up and running on in-house computer servers.

"To mitigate this problem, IT professionals have turned to the technology of ‘computing in the cloud’ in order to run their organisations more efficiently, serve their customers better and increase profitability.

"In many ways, cloud computing represents a big shift from the traditional way businesses operate their IT resources. This is because it functions on a similar principle as web-based email, allowing users to access all of the features and files of the system without having to keep the bulk of that system on their own computers," he added.

With the emergence of big data and the evolution of computing on the internet, Soo said cloud computing is certainly the next logical step in information technology. It is where the future of technological advancement lies, he noted.

"Malaysia as a country is certainly an enabler for cloud technology as it has made major strides in advancing ICT development in the country. The future outlook for cloud is bright.
"The International Data Corporation (IDC) in 2018 has forecast that the cloud-related services in Malaysia will catch on, growing at an annual rate of 23.8% over the next five years. Thus, having the right cloud architecture will put your business in the driving seat to maximise business competitiveness and this can be achieved with a competent cloud service implementation partner," he said.


Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

JOS Malaysia , cloud , IDC

   

What do you think of this article?

It is insightful
Not in my interest

0% readers found this article useful

Across The Star Online