Friday 29 Mar 2024
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Waves of technological change are disrupting the nature ofcompetition in every industry worldwide. The advantage of new technologies is that companies can be nimble, innovative, data-driven and focused on user experience. According to International Data Corp, the worldwide market for digital transformation services is expected to expand at a compound annual growth rate of 15.5% from 2020 to 2023 and is expected to approach US$6.8 trillion (RM32 trillion).

Digital transformation in Malaysia is supported by the government via the Shared Prosperity Vision 2030. In addition, the launch of the Malaysia Digital Economic Blueprint, or MyDigital, in 2021 provides a roadmap to the digital economy's role in the country’s economic recovery. These initiatives drive the country’s digital landscape and businesses can expect heightened opportunities for innovation, growth and acceleration.

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