It’s About TIME, Malaysia Moves Forward
It’s About TIME, Malaysia Moves Forward
Malaysia is moving forward through many initiatives, some by the government and some through the corporate sector, in its drive to be a digital HUB within ASEAN. And there are a number of local and regional innovations driving Malaysia in this direction. Telecommunications is one of those areas driving development.
In a discussion with TIME, a Malaysian telecommunications provider with businesses spanning Fixed Line, Data Centres and Global Networks, here is what their team had to say.
I first asked how they saw the current data centre market and where it is heading in Malaysia compared to other ASEAN countries.
According to TIME, Malaysia is gaining traction from global players, especially content providers. With the new government, committed to transparency in both the public and private sectors, Malaysia will once again be recognised as a business friendly country.
They went on to say that there are several other factors that will help global players make the decision to move to Malaysia:
• Malaysia is a politically stable country in a safe geographic zone.
• Malaysia has a pool of tech talent that is multi-lingual.
• Malaysia has a conducive business environment supported by a Government that is pushing for digital transformation.
“With the above in place, Malaysia should place in the top 3 ASEAN countries for global players who are looking to penetrate the 600 million strong ASEAN population. Global content providers such as Google, Facebook, Alibaba, AWS, and Tencent, are slowly expanding their presence in Malaysia despite having a big set up in Singapore.” they commented.
When talking about innovations and transformations, one of the TIME representatives stated that “There’s a lot of talk surrounding mobility, virtual reality and augmented reality powered by artificial intelligence.” And further commented “These technologies are also quickly becoming commonplace in the medical, automotive and logistics industries. And of course, who could ignore the chatter on blockchain and its application in crypto currencies like BitCoin.”
“There’s a lot that we can learn. Embracing these technologies will enable us to compete globally in the fields of medicine, business services, logistics etc. making the country more competitive.”
Sub-marine cable investment has been escalating over a number of years now. What are the true benefits and impact for the ASEAN community?
The TIME representatives said that more submarine cable investment in ASEAN means more capacity and more options for ASEAN to connect, both regionally and globally. Countries with a more liberalised telecommunications regime will attract more cable consortiums to land in the country resulting in more capacity and options to connect to the rest of the world.
ASEAN countries with extensive international connectivity will attract more tech giants like content providers, IoT and Artificial Intelligence players who need good connectivity and low latency to be present in the respective country.
I asked just what role and how important is telecommunication connectivity in Malaysia.
Their opinion was that for Malaysia to be able to create a more open and level playing field that attracts more international investment in infrastructure, Malaysia should start phasing in the liberalisation of its telecommunications industry thus aiding the development of a more comprehensive international network. More traffic can flow in and out of Malaysia which will eventually attract more tech giants to set up their hubs here making Malaysia the gateway to ASEAN.
To finish off this short discussion, I asked TIME to think 10 years ahead to see where Malaysia may be positioned in the telecommunication, technology and data centre space?
“Malaysia’s new Government is working hard to encourage a flow of investment into Malaysia.”
According to TIME, “With qualifiers like political stability, a conducive business environment and a pool of multi-lingual tech talent, Malaysia should be able to leapfrog to become the main ASEAN hub. The Malaysian telecommunications and technology market will be opened up to encourage heavier investment into the country. We also foresee the demand for data centre space will grow in the double digits to fulfil market demand as a result of the technology influx.”
Exciting times for Malaysia! Further plans and insights into the Malaysia cloud and data center market will be revealed at the Malaysia Cloud & Datacenter Convention 2018 on 8 November at The Vertical, Connexion Conference & Event Center, Bangsar South. Over 1200 IT and business leaders have registered, if you have not, you can still register on-site.
W.Media is ready for 2019. The Cloud and Datacenter Conventions series will be held in Korea, Vietnam, Malaysia, Singapore, Indonesia and Thailand.
Email firstname.lastname@example.org or call +65 3159 3210 for more information.
Chief Editor, W.Media