Gartner Commentary for Malaysia Budget 2017
Malaysia’s Budget 2017 sees an increased emphasis on digital connectivity by providing the nation with the infrastructure and services that will help to form the pillars in establishing digital businesses.
The allocation of RM162 million to the Multimedia Digital Economy Corporation (MDEC) to encourage development in the e-commerce ecosystem and RM200 million to stimulate startups reinforces the government’s consistent commitment to support digital activities.
In line with Gartner’s predictions that by 2025, where every industry will be transformed by digital business, we are very supportive of the government’s plan to introduce the first ‘Digital Free Zone’ in the world, where we anticipate the blurring of physical with virtual worlds. Gartner looks forward to seeing more details on this promising program.
Sustained efforts to improve the coverage and quality of broadband connectivity not just in the metropolitan areas through the allocation of RM1 billion, as well as making smartphones more accessible to public servants, will no doubt enable the people to have increased digital capabilities and continue accelerating the digital transformation here.
With the initiatives announced in Budget 2017, Gartner is confident that Malaysia is on the right track to become a fully digitised Internet economy.
Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 8,300 associates, including more than 1,800 research analysts and consultants, and clients in more than 90 countries. For more information, visit www.gartner.com.