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Đánh de online:IBM reveals top technology trends for businesses next year

Đánh de online:IBM reveals top technology trends for businesses next year

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Industry leaders: (from left), Genting Malaysia vice-president, enterprise systems and infrastructure Jimmy Wong, IBM Malaysia managing director and technology leader Catherine Lian, Gamuda director of technology William Tah, Lee and IBM Malaysia general manager for software sales Alvin Wong, who was also the moderator of the session.

PETALING JAYA: The Covid-19 pandemic has sped up the shift to digitalisation among businesses, but industry leaders say this development is a double-edged sword for many organisations.

Hosted by IBM Malaysia Sdn Bhd in collaboration with Star Media Group, the executive roundtable also met representatives from Bank Simpanan Nasional, Gamuda Land and Engineering, and Genting Malaysia.

IBM Malaysia managing director and technology leader Catherine Lian said technology has always been a deflator.

In general, the spending allocated by organisations on digital technology will grow 3.5 times faster than the economy in 2023.

“Organisations use technologies to drive automation by embedding intelligence across different processes and task levels, which indirectly reduces inflationary pressures.

“The companies that are successful today are those that adapt to their environment the quickest, learn and then evolve the quickest. And that is 100% based on data interpreting and learning from data.

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“Every organisation in any industry needs a good data foundation, get access to the right data, from the enterprise into an application and leverage the data to give you valuable insights and make appropriate business decisions,” Lian said

Organisations are using a new approach called a data fabric to address these challenges. A data fabric is a strategy and architectural approach to simplify data access in an organisation.

Cost efficiency, value delivery, and growing financial literacy are some benefits the industry will see in digitisation and digitalisation of banking, said Lee Li Foon, Bank Simpanan Nasional head of information technology, in a discussion titled Build Businesses of Tomorrow, Winning with Technology-Driven Strategy, recently.

“Digitisation enables data centralisation that creates opportunities in optimising operational efficiencies, cost avoidance and cost reduction while enabling a 24 times seven value and product delivery to customers.”

Lee also highlighted that financial literacy is one of the benefits of digitalisation as banking apps help customers with tracking their spending behaviours.

Gamuda Engineering and Gamuda Land executive director, digital and innovation, John Lim said the group is on a continuous journey to use technology for more data-driven operations, from better-targeted offerings to real-time progress tracking and innovative breakthrough solutions such as the autonomous Tunnel Boring Machine.

“As a regional engineering group, we use technology pervasively on the construction site, from deploying drones for 3D surveying to augmented reality solutions and cloud based collaboration tools.

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