From hype to reality: Transformation is urgent, said 80% of Malaysia's business leaders - and yet...

MDEC was present during the unveiling of a new Asia-wide Microsoft study, which showed that only 34% of businesses have a full digital strategy in place.

By AvantiKumar
June 23, 2017

Barriers to transformation - Microsoft Malaysia

As Golebiewski pointed out: Leaders need to change the way they interact, communicate and fully grasp the potential of digital transformation has to offer to their organisation.

According to the Study, 37 percent of the respondents believe that CEOs will drive digital transformation strategy in Malaysia's organisations in the future. Respondents also said that CIOs and Chief Digital Officers should also take a leadership role in driving transformation within the organisation.

National research agency MIMOS and NanoMalaysia have been stepping up focus on the 4th Industrial Revolution of local industries. This revolution is driven by emerging technologies such as such as Internet of Things (IoT), artificial intelligence (AI), advanced data analytics, and mixed reality are powered by cloud computing to create limitless possibilities in transforming the way people work, live and play.

The respondents in Malaysia said the most relevant emerging technology to an organisation's digital transformation efforts was Artificial Intelligence (75 percent) while the least was wearable technologies (57 percent).
The Microsoft Asia Digital Transformation Study surveyed 1,494 business leaders from Asia, including 113 from Malaysia. All respondents were pre-qualified as being involved in shaping their organisations' digital strategy.

For more insights on Digital Malaysia, and the local ICT industry, visit:

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