In today’s shifting global economy, digitalization is quickly becoming the most important component for success. The Malaysian government announced the Malaysian Digital Economy blueprint, commonly known as MyDIGITAL, at the beginning of 2021, a comprehensive strategy to push digitization activities across the country and build the groundwork for the country’s grand ambition of being a regional leader in the digital economy.
In line with the MyDIGITAL plan’s goals, H3C recently held an exclusive digital educational session with Malaysian journalists to demonstrate how its complete online solution offerings in the technologies like Artificial Intelligence, Internet of Things, Cloud Computing, Information Security and Big Data can help Malaysia’s digitalization. After H3C Smart Foresight NAVIGATE 2021, a worldwide annual conference aimed at sharing how electronic commerce helps businesses promote intelligent digital development and implement an improved technological innovation strategy that can empower society, a media session was conducted.
The virtual media event also detailed H3C’s plan for assisting its Malaysian end-user with digital transformation through MyDIGITAL, particularly in light of COVID-19, which has hastened the requirement for enterprises to digitalize.
What is H3C?
H3C is a market leader in digital solutions and it is dedicated to being its clients’ most trusted parent in their drive for corporate innovation and digital transformation. The company includes a detailed one-stop online presence that contains cloud technology, big data, artificial intelligence, the internet of things, data security, AI vision, and edge computing, and also final technical support. They also offer a full profile of Digital Infrastructure applied load computers, storage, networking, 5G security, and related domains.
ICT Makes a Significant Contribution to the Digital Economy’s Growth
Based on the information provided by MyDIGITAL, Malaysia’s information and communications technology industry is one of the fastest-growing in the world, with a market capitalization of RM289 billion in 2019, accounting for 19.1% of the country’s GDP. The COVID-19 epidemic has hastened the digital economy’s growth, pushing Malaysian individuals. Conventional companies and the government go online in order to stay safe. In recent years, Malaysian authorities have steadily expanded funding in ICT sectors such as big data and information security, with the goal of assisting local companies in their digital transformation. It specifically encourages companies to improve their abilities, processes, and technologies in a systematic and comprehensive manner, therefore advancing corporate transformation and economic development.
Malaysia will need to embrace the digital economy in order to preserve its competitive advantage in the new global market. One of the first steps in this regard was the advancement of many different financial industries, such as the foreign exchange markets, crypto, etc. It not only gave hands to the promotion of technological advancements but created many job places in the country. For example, Malaysian online Forex brokers became so popular that the demand for the companies to provide the clients with the proper services increased dramatically. Thus the whole industry boom resulted in mutual benefits and profits.
Gary Huang, who is the H3C’s president of International Business made a statement that the fact that the Malaysian government recognizes the digital commitment and the importance of digital innovations has assisted the whole company and industry to configure and drive H3C’s program more effectively in the country.
From an economic standpoint, Malaysia is a significant participant in Asia, and it is a strategically important market in H3C’S international expansion. As a result, Gary Huang said that they would want to assist Malaysia in accelerating its digital transition.
Malaysian Businesses Helping to Shape a Smart Future
H3C has effectively qualified over 100 parents and at least 200 engineers since reaching the Malaysian market in 2019. During the online media event, H2C was presented as a notable case study for assisting SYABAS, now known as Air Selangor, in providing many countries with their special service, in quickly establishing and enforcing automatic admission and uniform security rules through networks using its Application-drive Campus and different software.
As a consequence, the state water service benefits from data transmission, service provisioning, network extension, and fault equipment replacement, all of which are automated by a controller with only a few clicks, reducing complexity and increasing efficiency.
One of MyDIGITAL’s goals is to increase company productivity across all sectors by 30% by 2030, with the digital economy accounting for 22.6 percent of Malaysia’s GDP. All of these advanced goals need efficient digital solution partners to advise and provide solutions to customers, and H3C is ready to assist Malaysia in realizing its MyDigital ambitions across a range of industries, among them, education, finance, healthcare, transportation, government, etc. The business thinks that public-private collaborations would help Malaysia’s digital economy grow even faster. In this sense, it aspires to assist in the creation of a digitally equipped government as well as the empowerment of companies to innovate and develop digital resilience.
Another example is H2C collaboration with one of Malaysia’s largest hospital chains, where the company implemented the Unified Converged Infrastructure solution at the hospital’s network infrastructure, enabling full virtualization of their PACS/HIS system and assisting their radiology department in keeping the diagnostic imaging files and media records in one server. Furthermore, the UIS-HCI solution ensures that the medical imaging process works smoothly and efficiently. H3C provides expense data storage, management, retrieval, and distribution of diagnostic imaging images through this proactive strategy.
In Malaysia, a Thriving Partner Ecosystem is Starting
15 nations, among them China, sign the Regional Comprehensive Economic Collaboration Agreement, expanding H3C’s partnership prospects. The Regional Comprehensive Economic Partnership aims to extend and deepen ASEAN’S involvement with a number of nations. The main goal of the trade agreement is to create a contemporary, comprehensive, and mutually advantageous economic relationship that will help expand regional trade and investment while also contributing to the region’s global economic growth and development.
Malaysia will be granted a more significant country place as the geographic center to ASEAN under the RCEP agreement, with the MyDIGITAL project allowing it to take a lead in the digital economy in the local and regional market in the near future. This step would further enhance China-Malaysia collaboration, opening up additional prospects for H3C growth in the area and promoting digital solution engagement and acceptance at higher stages of digital transformation.