The Asia-Europe Institute (AEI) of University Malaya (UM) and Huawei Technologies (Malaysia) Sdn Bhd (Huawei) have inked a Memorandum of Understanding (MoU) in efforts to accelerate Malaysia’s transformation into an advanced digital economy by 2030.
Huawei Malaysia Vice President of Human Resources, Choh Yau Meng said in light of the accelerated need for digitalisation across all sectors of the economy, which has been catalysed by the Covid-19 outbreak, it was crucial for businesses, organisations and individuals alike to pivot towards a more digital economy.
“The convergence of new technologies will pave the way for new and modern business models, innovation and a wide pool of opportunities for the advancement of industries, which in turn will accelerate the growth of Malaysia’s digital economy.
A more advanced digital economy will open up many more job opportunities, which will then widen the nation’s capacity for a larger talent pool of tech experts which are already highly sought-after skillsets, as the world moves rapidly further into the digital era,” Choh said.
He added that this will also firmly place Malaysia at the forefront among its neighbors, as a regional digital hub.
“As a global technology leader, Huawei is always ready to lend our knowledge and resources towards helping the country achieve its digital transformation goals. Hence, collaborations such as our latest initiative with University Malaya’s Asia-Europe Institute are crucial to encourage knowledge-sharing as well as to establish best practices for driving change,” Choh said.
UM Deputy Vice-Chancellor, Professor Noorsaadah Abd. Rahman (Research & Innovation) said the MoU strengthens the collaboration between UM and the private sector on common areas of interests between both parties.
“This is a joint public-academia and industry initiative to introduce and nurture digital competencies, creativity and innovation among students and also to help accelerate the nation’s digital economy vision for the country,” she said.
“By harnessing the power of the latest advancements offered by AI (Artificial Intelligence), Cloud Computing, Internet of Things (IoT), automation, augmented reality, and Big Data Analytics (BDA), UM is looking to expand its reach and value by partnering with industry players like Huawei and other organisations to strengthen digital creativity and innovation amongst students.
“With this smart partnership between UM and Huawei, we hope to create a future-ready workforce, by empowering students and the younger generation with critical and digital skills required to meet the demands of digital jobs,” Professor Noorsaadah said.