The National ICT Association of Malaysia (PIKOM) plans to propel the country’s ICT industry to greater heights by driving three main objectives. According to PIKOM’s newly appointed chairman, Ganesh Kumar Bangah, the objectives are:
- To drive value to members via targeted activities in PIKOM’s five chapters;
- To become the nation’s private-sector “compass” for digital initiatives and further strengthen PIKOM’s position as the voice of the ICT industry; and
- To achieve self-sustainability through high-impact activities.
PIKOM currently has five chapters, namely CIO Chapter, Outsourcing Malaysia, E-Commerce Malaysia Chapter, Cybersecurity Chapter and Venture Investment Chapter. The last Chapter was recently re-branded from the Angel Chapter.
“PIKOM is constantly looking at how to best serve the local tech industry by having its finger on the pulse of the market,” Ganesh said. He likened each chapter as an ecosystem that links various parties such as users and enablers together. “PIKOM becomes the super-platform that facilitates cross connections between the chapters.
“The Venture Investment Chapter is timely as we need to put in concerted efforts to draw in more foreign investment know-how into Malaysia’s ICT industry and accelerate our young ICT companies towards achieving high growth,” he said.
Sea Dragon, an annual sustainable Venture Pitch Platform for Southeast Asia start-ups and scale-ups for investments, growth and global market expansion is one of the high impact activities that PIKOM’s Venture Investment Chapter is working on, in collaboration with strategic partner Malaysia Digital Economy Corporation (MDEC).
In this pitching event scheduled for May, Southeast Asian start-ups and scale-ups will be matched with potential regional and global investors with as much as US$25 million funding to be raised.
“We are looking to attract investors to this platform from North Asia market including China,” said Ganesh. He added that a project manager will be compiling, vetting and coaching these start-ups in preparation for the pitch.
PIKOM’s E-Commerce Chapter, also chaired by Ganesh, will work towards the same objectives of the government’s National E-Commerce Strategic Roadmap, to boost e-commerce adoption among Malaysian SMEs by doubling the current number of e-commerce-enabled SMEs to 350,000 by 2020.
It will be running the PIKOM E-commerce Fair, the association’s in-house networking platform to link up local SMEs with over 100 of PIKOM’s technology enabler members and help them onboard to e-commerce quicker.
Ganesh said the digital free trade zone (DFTZ) is often misconstrued as an open gateway for China to flood the Malaysian market with its products and thus benefit China’s economy. He said the gate open both ways and Malaysian SMEs can also export their products to China and elsewhere, provided they get onboard with e-commerce. “They do not have to worry about setting up offices abroad,” he said.
PIKOM is also laying the groundwork now for the 24th World Congress on Information Technology (WCIT) which will be hosted in Malaysia in 2020. The event will be jointly hosted by PIKOM and MDEC. “Over the next months, we will be announcing the collaborative partners for WCIT, as well as the appointment of the new CEO,” said Ganesh.