· MDEC’s capstone month-long initiative will emphasize Malaysia’s success in expanding the digital economy and first-mover role for the region
· MTM 2020 will advance Malaysia’s digital agenda, steering the country towards the era of IR4.0 and reinforce its role as the Heart of Digital ASEAN
 
CYBERJAYA, Nov 9 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) will kick-off the month-long Malaysia Tech Month 2020 (MTM 2020), a purpose-built initiative that showcases the nation’s robust and versatile digital and technology ecosystem and success of its innovative companies. Capitalising on demands and opportunities in the era of the Fourth Industrial Revolution (4IR), MTM 2020 – MDEC’s capstone event – aims to reinforce Malaysia's position as a first-mover for the digital economy and Heart of Digital ASEAN.
 
Commencing 10 November 2020, the exciting curation of world-class speakers and programmes aims to attract start-ups; entrepreneurs; corporate organisations; government stakeholders; small- and medium-sized enterprises (SMEs); and both local and foreign tech sector leadership.
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MTM 2020 will also act as the overarching umbrella platform for all digital and tech industry events in November. This includes marque events that MDEC is organising and other tie-in programmes from ecosystem partners. The end-goal for MTM 2020 is to fortify the rising confidence in Malaysia as a compelling digital and tech investment hub for the region.
 
The main highlight of MTM 2020 is the Opening Conference that kicks off on 10-11 November, featuring keynote speakers Randi Zuckerberg, former Head of Marketing, Zuckerberg Media; Alexander Stubb, former Finland Prime Minister and Vice President of European Investment Bank; and Harry D. Moseley, Global CIO of ZOOM. Many of Malaysia’s tech ecosystem leaders will also be taking the virtual stage during this two-day event, including Patrick Grove, Co-Founder and Group CEO of Catcha Group; Stephanie Sitt, Co-Founder and CEO of Inmagine; Kamarul Muhamed, Founder and CEO of Aerodyne Group; Joel Tay, Soft Space CEO.
 
Other international level programmes include Digital Investment Summit, MyDroneTech Festival, TechFest LIVE! Road to WCIT Malaysia and DataKITA.Pulse conference.
 
Based on the latest statistics from the Department of Statistics (DOSM), in 2019, Malaysia’s digital economy has contributed 19.1% to the national economy, up from 18.7% in 2018. As is, the digital economy is expected to further increase its contribution by 20% this year with the e-commerce sector expecting to exceed RM110 billion in revenue in that same period. This is equivalent to 40% of the nation’s digital economy.¹ With 4IR powered technologies and innovations like artificial intelligence (AI), robotics and the Internet of Things (IoT), proliferating and catalysing shifts in consumption, daily activities and lifestyles and workspace operations, there is a heightened need to ensure that all segments of society can effectively participate and reap the benefits of digitalisation.

“Malaysia is well on its way to integrate digital technologies and solutions into all levels of government and the economy. MDEC believes these digital initiatives must be for the benefit of the many, and by doing so, we can firmly establish Malaysia as the ‘Heart of Digital ASEAN’,” said Surina Shukri, CEO of MDEC. “MTM 2020 will demonstrate our strategic interventions as the ‘winning-formula’ that will set the course forward for Malaysia, leading the country closer to becoming an exemplary, digitally-powered nation that will thrive in the 4IR and deliver shared prosperity for all.”