Malaysia’s cloud services and data centre industry recorded US$219 million in revenue for 2014, a 26% increase from the US$173 million in 2013, and a new data hub was announced in Iskandar Malaysia.
Iskandar Malaysia has been deploying Geographic Information System (GIS) technology from geospatial solutions provider Esri Malaysia, the local subsidiary of Redlands, California-based Esri Inc (formerly Environmental Systems Research Institute).
DNA founder Karamjit Singh comes away from the first Cyberview-IRDA networking forum feeling positive about the initiative but warns that breaking the silo mentality will require strong leadership and the need to tackle the KPI issue.
Iskandar Malaysia made great progress in getting investors, both foreign and local, to buy into its growth story. However, Malaysians remain skeptical about the mega project.
The momentum that the Iskandar Malaysia development hub is experiencing can be seen in the numbers: From an average investment of between RM8 billion and RM10 billion from 2006 to 2009, rising to between RM12 billion and RM15 billion in 2010-2011, this year will see the committed investment hit RM20 billion says an excited Datuk Ismail Ibrahim, chief executive officer of the Iskandar Regional Development Authority or IRDA.
Consulting and market research company Frost & Sullivan has opened its Global Innovation Center (GIC) of Excellence in the Iskandar Malaysia economic development hub in the southern Malaysian state of Johor.