IT is an integrated platform that includes hardware, software, and
service solutions. The role of the IT section in an organization is to
integrate various business processes through hardware, software, and
service solutions and smooth the flow of information and processes. IT
also helps organizations to align their business processes with various
other technologies. The rapid economic growth in the IT market in
Malaysia has encouraged many business organizations to invest in the IT
sector and contribute toward the development of IT infrastructure in the
country. The market is experiencing a high growth because of the
increase in the disposable incomes of consumers and the efforts by the
Government of Malaysia to promote IT adoption in Malaysia. Analysts
forecast the IT market in Malaysia will grow at a CAGR of 8.18 percent over the period 2013-2018.
The
Report recognizes the following companies as the key players in IT
Market in Malaysia: HeiTech Padu Bhd, Hewlett-Packard Co., IBM Corp.,
Microsoft Corp., Accenture plc, Acer Inc., ASUSTeK Computer Inc., Cosmo
Synergy Sdn Bhd, Dell Inc., EMC Corp., Fujitsu Ltd., iContro Software
Sdn Bhd, Lenovo Group Ltd., Nuasoft Solutions Sdn Bhd, Oracle Corp., SAP
AG, Wincom IT Solutions Sdn Bhd.
Cloud computing technology
allows users to access data and applications from a central remote
server. Through cloud computing end-users can avoid the problems
associated with the installation of complicated technology
infrastructure and the licensing new software. It also helps to save
costs as payment depends on usage. Cloud computing technology is gaining
popularity in the IT market in Malaysia and is considered to be among
the top 10 strategic technology priorities in the economic
transformation of Malaysia. The majority of organizations in Malaysia
recognize the importance of adopting cloud computing services. SaaS is
the most popular form cloud computing services in the country, and is
closely followed by IaaS and PaaS. Hybrid clouds are also being adopted
by some companies and thus the Hybrid Cloud segment is considered to be
an important growth market.
Covered in this Report
The
IT market is predominantly categorized into three segments: Hardware,
Software, and Services. The report also covers the IT spending across
key end-user segments and also discusses the growth of the Cloud
Computing market in Malaysia during the forecast period.
IT Market
in Malaysia 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the key
end-user segments of the IT market in Malaysia; it also covers the IT
market landscape and its growth prospects in the coming years. It
discusses the growth of cloud computing technology in Malaysia. The
report also includes a discussion of the key vendors operating in this
market.
According to the report, sustained and planned support by
the government to develop the IT sector in Malaysia is one of the major
drivers in this market. The Malaysian government has implemented many
initiatives that have benefited the IT market in Malaysia. For instance,
the aim of the Digital Malaysia Masterplan is develop IT facilities and
infrastructure to transform the country into a digital developed
economy by 2020. Such initiatives are helping many organizations,
especially SMEs, to develop their IT infrastructure.
Further, the
report states that the shortage of skilled labor and expertise in IT is
one of the major challenges. The brain drain in Malaysia has forced
vendors to acquire talent from other countries such as India and
Singapore. However, the cost associated with acquiring labor from
outside Malaysia is higher than that of hiring local talent. This is a
major consideration for vendors and multinational vendors such as IBM
Corp. have collaborated with the government to promote academic
initiatives to nurture and groom local IT talent.
