ICT industry in Malaysia to grow 12-14% in 2016: Pikom

  • In light of 30th anniversary next year, undertaking a number of programmes
  • Renewed individual membership drive; reaching out to non-tech sectors
ICT industry in Malaysia to grow 12-14% in 2016: Pikom

THE National ICT Association on Malaysia (Pikom) remains “cautiously optimistic” that the industry will grow by 12-14% in 2016, despite various challenges.
The impact of GST (Goods and Services Tax) that was rolled out in April this year will be less apparent as the market has adjusted and accepted it as part of the cost of doing business, the association said in a statement.
Earlier in the year, Pikom had said it had expected a 30% drop in the market in the first six months of GST implementation.
“Growth will come from areas such as cloud computing, mobility, big data, e-commerce, online transactions, and the IoT (Internet of Things),” said newly-elected chairman Chin Chee Seong (pic above), aka CS Chin.
Pikom, which celebrates its 30th anniversary in 2016, is also implementing a number of revamps, including its memberships.
For one, it said it will actively advocate and promote its recently launched individual membership which it expects to widen its reach beyond the traditional vendor space.
This individual membership is open to all, and programmes will be tailored according to the needs of each interest group, it said.
Pikom will also spread its wings to the corporate ICT scene in diversified sectors that include banking & finance, manufacturing, tourism & hospitality, healthcare, services, logistics, oil & gas, telecommunications and e-commerce, amongst others.
Pikom currently has as members, over 1,000 companies involved in a whole spectrum of ICT products and services.
“Pikom intends to represent a larger slice of the market that powers the mainstream economy,” said Chin.
“Today, as ICT has become a crucial and integral support for all business and economic operations, it is only fitting that Pikom’s role extends to drive technological adoption throughout all corporations from various sectors,” he added.
Pikom said it will specifically look to lead and host key industry leaders within Corporate Malaysia as part of the endeavour to make ICT more inclusive and appealing.
Exclusive C-level ‘Executive Immersion Programmes’ will be tailored for Pikom members to learn, experience and explore business values, opportunities and insights in Silicon Valley and other similar technology-driven economic ‘hotbeds’ at international sites.
Related Stories:
Pikom unveils 5yr plan, says ICT industry to hit RM95bil by 2017
Pikom elects new chairman, council for 2016
Pikom to allow individual membership in 2015
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