WITH 5G and digital services being two key growth areas, Telekom Malaysia Bhd (TM) is actively seeking partners and solutions in the digital space to strengthen its value proposition. And it is not discounting the possibility of acquisitions or joint ventures taking place this year. “That [the need to invest to be better positioned for new growth areas] is partly why we are looking at conserving our cash position,” its managing director and CEO Imri Mokhtar tells The Edge.
To set things in motion, Prime Minister Tan Sri Muhyiddin Yassin
(pic) launched Telekom Malaysia Bhd (TM) s Cloud and Cybersecurity Services for the government – a key step towards Malaysia s digital transformation. The government has targeted the migration of 80% of public data to hybrid cloud systems by the end of 2022 as a measure to empower public sector cloud computing services, TM group CEO Imri Mokhtar said at the launch event on Monday (April 12). Thanks to its ability to handle large volumes of information, cloud services will enable big data, artificial intelligence, Internet of things and other applications used to strengthen the delivery of government services to all Malaysians.
KUALA LUMPUR, April 12 The TM Cloud and Cybersecurity Services for the Malaysian Government launched today marks a great start to the MyDIGITAL initiative in order to attract new domestic and foreign investments into the digital sector. Prime Minister Tan Sri Muhyiddin Yassin said this was in.
The global lockdown has made cloud technology imperative for business continuity. Of all the disruptive technologies, cloud has the biggest impact because of its adaptability, accessibility, scalability, resilience and cost.
Recognising this, the government plans to lead the growth of the cloud industry by adopting a cloud-first strategy in the public sector and appointing cloud service providers (CSPs) and managed service providers (MSPs) to build Malaysia’s capabilities in the segment.
While plans for cloud implementation have been in the works for several years, greater adoption of the technology is the focus of the Malaysia Digital Economy blueprint. The objective is to bring about a pivotal transition to achieve the country’s goal of becoming a regional leader in the digital economy.
THE Malaysia Digital Economy Blueprint plans to boost the growth of the cloud industry by adopting a cloud-first strategy in the public sector and appointing Cloud Service Providers (CSP) and Manage Service Providers (MSP) to build Malaysia’s capabilities in this area.
In the first phase (2021-2022) of the blueprint, the government aims to move towards a paperless environment and migrate 80% of public data to hybrid cloud systems by the end of 2022. With this cloud-first strategy, the government can engage in more effective data collection and management, resulting in lower information management costs in the long run, Prime Minister Tan Sri Muhyiddin Yassin said during the launch of the blueprint.