Wednesday 23 October 2013

PM: MSC firms going global

SAN FRANCISCO (Sept 24, 2013): Several Malaysian companies have morphed from being sited in the Multimedia Super Corridor (MSC) in Malaysia to venturing into partnerships with their share partners from the Silicon Valley, United States.

Prime Minister Datuk Seri Najib Abdul Razak said they had transformed to the extent that their products can now be sold in the global market.

He said the companies were PULSATE Sdn Bhd, INTEL Corporation, Revolution Analytics Inc, MOL Global Pte Ltd, Rixty Inc, Joota Ventures Sdn Bhd, BrandX Development LLC and XYBASE MSC Sdn Bhd.

To further expand the innovation culture, Najib said companies which sought to implement innovations but in the end encountered failure, should not be penalised because innovation was encouraged as a normal culture practised in the Silicon Valley.

Bernama quoted him as saying that their failures were sometimes caused by their bold attempts to try something new and sometimes the causes were beyond their control.

He said the government also encourages the setting up of data management centres to develop the national information technology (IT) industry.

He said the setting up of the latest data management centres is among matters being given attention by the government.

Speaking to the media after chairing the 3rd annual general meeting of the Global Science and Innovation Advisory Council (GSIAC) here yesterday, he said the effort, however, might be constrained in terms of getting those with the capabilities such as data scientists in Malaysia.

He said Malaysia is capable of developing such centres because it has a unique capability, wide area, suitable structure and could offer incentives.

Najib said the development would also result in the country requiring thousands of data scientists in the future. – Bernama

(Source: http://www.thesundaily.my)

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