Malaysia 5.0 – Digital transformation for Malaysian businesses

Advertisement

BEGIN ARTICLE PREVIEW:

The Malaysia Digital Economy Corporation’s (MDEC) aspiration is to firmly establish Malaysia as the Heart of Digital Asean, a regional digital powerhouse launching global champions to lead the Fourth Industrial Revolution (4IR). It also aims to ensure the digital economy will drive shared prosperity for all Malaysians by accelerating our digital economy growth, ensuring it is inclusive and rewarding for all, focused on the key drivers: empowering Malaysians with Digital Skills, enabling Digitally-Powered Businesses, and driving Digital Sector Investments. At the cusp of the 4IR, Malaysia is blessed with the chance of re-engineering the human experiment using technologies that decentralise authority and de-emphasise divisions along the lines of colour, creed and country – what the Japanese have coined as “Society 5.0” – and we have adapted as “Malaysia 5.0. The term describes the next stage of the evolution of societal communities. The quest for Society 5.0 is built around the needs of a human-centred society. MDEC envisions playing a leading role in catalysing this transition to Malaysia 5.0 as a new narrative for introducing emerging technologies which are essential tools in the new Malaysia 5.0 digital economy. With Malaysia 5.0, it can contribute to a more sustainable and circular economy, where greater well-being is possible for all citizens …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE