Kuala Lumpur, Malaysia– September 5, 2013 – EMC® Corporation today released the findings of a survey that asked I.T. decision makers in Malaysia for their perspective on the challenges and opportunities that Big Data and I.T. transformation – and related skills – can present to their companies. The Malaysian results will be added among the thirty-six country-level survey results being collected through EMC Forum events taking place around the world between June and November 2013. Visit http://www.emc.com/campaign/global/forum2013/survey.htm for a closer look at the Malaysia survey results and those of other countries as they become available. The series will conclude with an announcement of the global results in December.
In Malaysia, Big Data is giving rise to markedly improved decision making and is having a significant impact on companies’ competitive differentiation and ability to avert risk.
- 88% of Malaysian businesses surveyed reported that better use of Big Data will lead to better decision making
- 69% of respondents believe that Big Data will be a key factor in determining winners and losers in their industry
- 40% have already achieved a competitive advantage as a result of Big Data analytics technology
- 69% believe that those industries that succeed will be the same ones using Big Data tools
- 67% of respondents also agree that Big Data technology will prove vital in identifying and protecting against cyber-attacks
- 89% agree that data center automation will be crucial to innovation and agility over the next three years
However, in Malaysia,
- 41% of companies surveyed have no current plans for implementing Big Data technology
- While budget considerations was the most important factor for overall business decision making (38%), the most common reason cited as an inhibitor to Big Data adoption is a lack of clear business case or proven ROI (58%)
As companies in Malaysia continue to look to I.T. innovation to compete locally and on the global stage:
- 81% agree that their business sees technology investment as a strategic way of achieving its goals
- The top two drivers for the transformation of IT systems and infrastructure in Malaysia are: Enhancing customer experience/engagement/communications (90%), and improved governance and compliance (85%)
- 81% of respondents from Malaysia report that their business believes technology investment is a strategic way to achieve its goals.
- 82% of respondents report that they have the correct level of skills and knowledge in place to complete their business priorities successfully.
- 68% of respondents in Malaysia report that ensuring skills keep pace with the rate of I.T. innovation will be a challenge for their organizations over the next three years.
- 82% of respondents agree that I.T. is now equipped to handle the most essential business priorities – and that now, the biggest barrier is cultural.
Local EMC Quote
Cheam Tat Inn, Managing Director – Malaysia, EMC Corporation
“With conversations around building business competitiveness, Malaysian businesses are increasingly seeing transformative benefits of using analytics to enable better resource management, gain competitive and market insights and enable truly transformational business decisions. While there is consensus in the business community that data would enable better decision making culture seems to be the biggest issue that businesses will need to overcome as Malaysia continues its journey as a progressive economy. EMC is committed to working with businesses on this transformational journey thereby ensuring that they have the right tools to handle the most essential business priorities successfully.”
EMC polled a total of 106 business and I.T. management and executives, technical architects, data scientists and storage/infrastructure managers from a range of Malaysian businesses who registered to attend the EMC Forum event on September 5.