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Malaysia's 'perfect storm' will grow IT economy to US$10 billion: IDC

AvantiKumar | Jan. 9, 2013
IDC points to 'hyper-competing' by organisations looking to take advantage of a confluence of factors, while the analyst firm outlines its top 10 ICT predictions for Malaysia in 2013.

10. GRC will take centre stage

Ling said the 10th and final prediction was that governance issues would take centrestage in the coming year. "Several of the super trends that have been and are continuing to transform the ICT landscape over the next several years have significant implications with regards to governance, compliance and the risks involved."

"Big Data has implications with regards to the data that is being processed; Cloud brings with it multiple issues with regards to data location, procurement patterns etc.; Mobility and BYOD create problems with regards to data management, identity control and access; Social creates issues concerning overall control, data and content sharing etc.," he said.

"As these four pillars of technology continue to impact companies around the region, IDC expects these governance issues to become an increasingly important area in 2013 as the pillars are transformational in nature - even to the point that it may delay the uptake of new, value generating technologies and services," said Ling.


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