Over the past years, Malaysia has been driving headlong on its journey towards becoming a high-income knowledge-based economy.\u00a0<\/p>\n
Accordingly, policies implemented in previous budgets have seen the ICT industry as a whole taking incremental steps towards a unified vision of achieving a fully connected digital economy.<\/p>\n
The Digital Economy already contributes more than 18% of Malaysia\u2019s GDP currently.<\/p>\n
SAP Malaysia is keenly looking forward to more policies that would further catalyse the Digital Economy when Budget 2018 is announced this Friday.<\/p>\n
\u201cThe Government\u2019s commitment to digital adoption has positively impacted industries and rakyat,\u201d said SAP Malaysia managing director Terrence Yong.<\/p>\n
\u201cIts initiatives, particularly in the areas of eCommerce, talent development and rakyat programmes such as eRezeki and eUsahawan have proven to be great successes for Malaysia,\u201d said Yong, who is looking forward to continuation of such initiatives.<\/p>\n
\u201cThe establishment of the Digital Free Trade Zone (DFTZ) is also visionary and encourages local companies to market their products beyond Malaysian shores.\u00a0<\/p>\n
Hopefully, Budget 2018 will have additional components to help DFTZ grow more rapidly before maturing with a holistic ecosystem,\u201d he added.<\/p>\n
Yong also said that, although there is now greater awareness of Big Data and Data & Analytics in business, there must be greater emphasis on how crucial those areas are in a strategic sense \u2013 not only for companies, but to also further sustainable social outcomes, especially amongst today\u2019s digital generation.<\/p>\n
\u201cSAP\u2019s believes that social, environmental, and economic activities and performance are interrelated,\u201d said Yong.<\/p>\n
\u201cWhen customers use SAP solutions to become more transparent, improve energy efficiency, protect workers from accidents, or address risks in their supply chain; they turn sustainability into concrete actions that benefit workers, communities, the environment, and people throughout the world.<\/p>\n
\u201cOur efforts focus on creating a sustainable future for SAP, our customers, and society,\u201d said Yong.<\/p>\n
\u201cSAP\u2019s sustainability commitment is based on the belief that social, environmental, and economic activities and performance are interrelated \u2013 each creating tangible impacts on the others. Our efforts focus on creating a sustainable future for SAP, our customers, and society,\u201d said Yong.<\/p>\n
\u201cFrom the corporate perspective, SAP is committed to making local enterprises more sustainable,\u201d added Yong, citing the case of Cenviro, a wholly-owned subsidiary of Khazanah Nasional, which is digitising its operations with the aim of becoming a regional champion in delivering environmental solutions.<\/p>\n
Cenviro is deploying multiple SAP solutions to facilitate business process simplification and improve decision making.\u00a0 The first phase includes an industry specific utilities solution called \u201cSAP Suite on S\/4 HANA with IS-U for Waste Management\u201d which incorporates best practices for waste management within an integrated system.<\/p>\n
\u201cSAP S\/4HANA is the digital core that integrates technologies such as the Internet of Things (IoT), Big Data, real-time analytics, mobile, business networks, third-party systems, and more,\u201d said Yong.<\/p>\n
SAP has been in Malaysia for 25 years and is at the forefront of 25 various industries throughout the world.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
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