(From left to right): Fitri Abdullah, Country Managing Director, Oracle Malaysia; Kirsten Gilbertson, Director, Cloud Platform Business Development, ASEAN/SAGE, Oracle and Dr. Andrew Lau, General Manager of DB Sales at Oracle Malaysia.
"Growing revenues is more challenging," said Fitri. "Companies need to manage costs to offset the difficulty of getting new revenues by eliminating inefficiencies and automating processes, which points to digitisation and the cloud path."
"However, consumers are more sophisticated and demanding than ever," he said. "Enterprise needs to be more innovative and need to transform to shift some of the 60-80 percent of annual IT budget currently spent on keeping the lights on to the innovation part."
Fitri said local cloud momentum was rising. "We have recently seen digitisation of HR in local banks. Other Malaysian examples include a semiconductor company upgrading ERP; implementation of cloud solutions in several universities here; a beverage company in Johor; as well as a logistics company for oil companies. Cloud solutions are gaining ground rapidly."
Also present, Dr. Andrew Lau, general manager of DB Sales at Oracle Malaysia, said, "Malaysia wants to be a major player in the analytics space with more initiatives coming from [national ICT agency] MDEC [Malaysia Digital Economy Corporation]."
He presented the company's approach to high performance infrastructure analytics in the cloud. "This was an elastic analytics platform, which included flexible data storage, IoT data capacity, and smart options for data preparation, data flow, and data discovery."
"Cloud offers distinct advantages with collaboration and social channels," he added. "Pre-packaged analytics and machine learning capabilities in the cloud can also help to offset skills gaps especially in the health, retail, and manufacturing verticals currently."
"Tremendous capabilities are now within reach for businesses. Companies can go to market within three months," he said.
Also present at the group briefing, Kirsten Gilbertson, director, Cloud Platform Business Development, ASEAN/SAGE, Oracle, said only 10 percent of enterprises globally have moved workloads to the cloud.
Gilbertson said: "Providing different paths to the cloud for companies can help to offset cloud concerns and stumbling blocks, which should change the game, such as cloud as a utility service."
One of the stumbling blocks among Malaysian CIOs were latency and data sovereignty concerns, she said. "During my talks with Malaysian CIOs when visiting over the last three years, the question that crops up is 'where is your data centre?'."
Gilbertson acknowledged the increasing importance of SME sector companies in DX, adding: "A flexible, complete cloud service will better meet the needs of companies in their drive to transform in the current tough economy."
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