Malaysia's 2018 budget reflects the Government's focus on innovation, digitization, smart manufacturing and propelling the nation towards becoming a key player in The Fourth Industrial Revolution, said Nick Lim, Vice President, ASEAN and Greater China, CA Technologies.

“We are excited about the proposed measures that translate to greater opportunities for Malaysian businesses and organizations to help evolve and navigate the digital economy.”

Lim pointed out that the digital economy has raised customers' expectations and brought disruption to every industry. Businesses today are realizing the need to deliver exceptional experience by responding to their customers' needs with greater agility and speed.

He believes that software needs to be at the core of every organisation’s DNA as it enables them to transform digitally and take full advantage of mobile, the Internet of Things (IOT), artificial intelligence (AI), big data and other technologies. It is crucial for companies to integrate software into all aspects of their operations.

“This will require agility across the business, and a mindset shift in how businesses use technology and build software to deliver unique value to their customers.” 

“As more Malaysian businesses move to online and digital platforms, the exposure to security vulnerabilities will increase. We urge businesses to prioritize their organisations’ security efforts, by incorporating security at the start of their digital transformation journey as a core technology enabler rather than bolted on as an IT afterthought. This will ultimately boost their customers’ confidence with greater user experiences that are reliable, secure, trustworthy and seamless.”

“We believe that the targeted business and digital incentives under the Budget 2018 will further accelerate the economic growth for Malaysia and drive the nation forward, in line with the “Transformasi Nasional”, or TN50 National Transformation framework which envisions the country as a fully developed nation status by 2050.”

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