This IDC study sees Malaysia having strong growth prospects for technology in 2014. The Malaysian IT market is anticipated to cross the US$10 billion mark, creating a wealth of opportunities in the local market space. Although the growth prospects are there, IDC cautions that the flooding of technology only serves one part of the fundamental necessity for the 3rd Platform of technology to proliferate. In order for Malaysia to move toward being a fully advanced tech market, the floods must be guided in the right direction.
"The mindset of jumping on the bandwagon is expected to change in 2014 with organizations looking at clear business use cases with ROI to ensure a transition from adopting a product to a holistic solution powered by ICT to support key business objectives," says Roger Ling, ASEAN Research Manager of Software & Services, IDC. "We are 3rd Platform ready, but the building blocks are not necessarily grounded firmly or arranged strategically. This will be the case for 2014 as organizations look to research, explore, and deploy intelligently."