IS BEING A GEEK A MORE REWARDING CAREER PATH It seems everyone should be an I.T. geek these days. More and more emphasis is being focused on this industry as delivering our economic salvation. An industry funding and initiatives announcement from PM Najib Razak this week certainly suggests that if youre a geek, you stand to get governments assistance in becoming the next Bill Gates. THE government expects information and communications technology services and electronic-commerce (e-commerce) to be the largest contributors to Malaysias digital economy, said Prime Minister Datuk Seri Najib Razak. The sectors, he added, would push the goal of digital economy initiative, Digital Malaysia, to contribute 17 per cent to the countrys gross domestic product. He said Digital Malaysia, launched in July last year, would address holistically four pilot applications for societal and governmental purposes, and a fund for big data analytics (BDA) to drive ICT services. Multimedia Development Corporation Sdn Bhd (MDeC) will kick-start the private sector involvement in the BDA project with a RM10 million budget to create 20 applications for the business community. Najib Razak said the Communication and Multimedia Ministry, with the collaboration of the Malaysian Administrative Modernization and Management Planning Unit and MDeC, would implement four government-initiated BDA pilot projects by 2015. As for e-commerce, he said projects were in the pipeline for small-and medium-sized industries (SMEs) to increase their exports by capitalizing on global demand in e-markets. For example, e-trade will help 25,000 SMEs to reach out to global buyers in seven economies and five international e-markets by 2020. Earlier, Najib said the new Digital Malaysia 354 Roadmap must be implemented to game-change Malaysias digital landscape by addressing access, adoption and use across five digital economy sub-sectors that would impact four Digital Malaysia communities. He said this would spur growth and change in the digital landscape for five key digital economy sub-sectors, namely ICT services, e-commerce, ICT manufacturing, ICT trade as well as content and media. These five sub-sectors are required to grow at a compound annual rate of 9.8 per cent from 2010 to 2020. Najib praised the competence of MSC Malaysia companies to impact the local and international technology landscapes. He said MSC Malaysia recorded its highest revenue at RM33.53 billion last years, up 5.7 per cent from 2011. The company also drew RM2.92 billion in investments, a 17 per cent increase from the previous year. Do you think the I.T. industry is being supported too much by government with development funding and reduced taxation initiatives?
Posted on: Mon, 18 Nov 2013 03:01:54 +0000
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