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KUALA
LUMPUR, MALAYSIA –\u00a0Media OutReach\u00a0-
19 August 2021 –\u00a0Over 80 percent of Malaysian businesses surveyed by CPA
Australia, one of the world’s largest professional accounting bodies, undertook
a major technology project in the last 12 months. CPA Australia found that
technologies such as data analytics and business intelligence software delivered
a boon for the nation’s …<\/p>\n","protected":false},"author":1,"featured_media":16999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16998"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16998"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/16999"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nLUMPUR, MALAYSIA –\u00a0Media OutReach<\/a>\u00a0-
\n19 August 2021 –\u00a0Over 80 percent of Malaysian businesses surveyed by CPA
\nAustralia<\/a>, one of the world’s largest professional accounting bodies, undertook
\na major technology project in the last 12 months. CPA Australia found that
\ntechnologies such as data analytics and business intelligence software delivered
\na boon for the nation’s businesses.<\/p>\n
\n
<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/450x0\/170570\/Bryan-Chung-FCPA.jpg#image-170570\")
<\/p>\n
\n
<\/p>\nBryan
\nChung FCPA<\/b>: By using technology, Malaysian businesses
\nwere able to adapt to rapidly changing conditions and needs of consumers and
\nemployees<\/h5>\n
\n
<\/p>\n
\n
<\/p>\n
\nsurveyed 725 professionals in different industries in Australia, Mainland
\nChina, Hong Kong, Macau, Malaysia and Singapore. Respondents were asked about
\ntheir businesses’ past and expected technology use. The findings are reported
\nin our 2021 Business
\nTechnology Report<\/a>.<\/p>\n
\n
<\/p>\n
\nfound that over the past 12 months, Malaysian businesses focused on upskilling
\ntheir employees’ technology capabilities, looked for opportunities to improve
\ntheir existing technology, and developed long-term technology or digital
\nstrategies. <\/p>\n
\n
<\/p>\n
\nAustralia Malaysia Division Digital Transformation Committee Chairman, Bryan
\nChung FCPA, said that improving the technology they deployed in the past 12
\nmonths contributed to many Malaysian businesses’ strong performances in a
\ndifficult environment.<\/p>\n
\n
<\/p>\n
\nbusinesses in our survey used technology to improve their operational
\nefficiency, reduce costs and improve customer experience. This is a prudent
\napproach given current market conditions and placed them in a good position to adapt
\nto rapidly changing conditions and needs of consumers and employees,” he said.<\/p>\n
\n
<\/p>\n
\nreport reveals that businesses with a positive outlook on growth are looking to
\ninvest in data analytics and visualisation software, business intelligence
\nsoftware and cloud technology in the next 12 months than other businesses. <\/p>\n
\n
<\/p>\n
\nalso found that most businesses are planning to investment in technology tools
\nin the next 12 months, which signals a shift from cost savings to revenue
\ngrowth. However, not all businesses may be in a position to seize this
\nopportunity. Small businesses in our survey cited financial constraints as their
\nmain challenge to technology adoption. <\/p>\n
\n
<\/p>\n
\nsaid that there are actually many funding opportunities available to Malaysian businesses
\nto help them access technologies that high growth businesses are much more
\nlikely to use.<\/p>\n
\n
<\/p>\n
\nMalaysian Government has committed to making Malaysia a nation of entrepreneurs
\nand innovators by the end of the decade. To better compete, small business in
\nMalaysia should fully embrace the 5G rollout by Digital Nasional Berhad over
\nthe next few years. This will enable them to participate in upskilling
\ninitiatives to grow their businesses, especially in the technologies that high
\nperforming businesses are using or investing in.<\/p>\n
\n
<\/p>\n
\nbusiness owners would benefit from accessing upskilling initiatives that enable
\nthem to grow their businesses over the next year, especially in the
\ntechnologies that high performing businesses are using or investing in,” he
\nsaid.<\/p>\n
\n
<\/p>\n
\nthe Malaysia Digital Economy Corporation (MDEC) is offering several initiatives
\nto help build digitalisation knowledge such as the SME Business Digitalisation
\nGrant, 100 Go Digital and Smart Automation Grant. <\/p>\n
\n
<\/p>\n
\nAustralia 2021 Business Technology Report<\/a>.
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"