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Malaysia introduces new AI scholarship programme

Malaysia’s Minister of Multimedia and Communications recently announced the MYINDUSTRY AI Scholarship Programme, an AI-focused Masters by research certification jointly funded by the industry, universities, and Malaysian Digital Economy Corporation (MDEC).

The development of this programme presents a huge market opportunity for Malaysia, and it is important that the region collectively build its own AI and Big Data capabilities.

As such, to develop a strategic and practical approach to enhancing its AI potential, the nation’s agencies will focus on AI and data technology talent development by working closely with industry partners alongside building infrastructure that enables a trusted AI ecosystem.

At a prior event, the Minister had spoken about the imminent launch of a policy for data and artificial intelligence (AI) which play significant roles in Industrial Revolution 4.0. While an exact date was not given, it was noted that the policy would be developed soon.

Malaysia has the potential to be the centre for the Southeast Asia region by focusing on developing talent to increase knowledge about AI.

The policy is currently undergoing robust discussions with stakeholders together to get input from them as to what they are concerned about.

The pilot scholarship programme will provide a minimum monthly stipend of RM2,500 up to 24 months as well as tuition fees. Participating universities include the University of Malaya, Universiti Teknologi Malaysia (UTM), and Multimedia University.

The pioneer companies supporting this scholarship include a media company, an online banking portal, a telecommunication firm and many other leading tech firms.

To develop more industry-ready talent, UTM acknowledged the support from 7 industry partners, including 1-year placements for their pioneer batch of students under the 2u2i mode programme for Bachelor of Computer Science (Data Engineering). For this programme, MDEC facilitated the industry review of its curriculum and internship placement.

The objective of this programme is to provide students with greater exposure to real work experience through more learning time in the industry.

MDEC has also introduced the Data-Driven Decision (DDD) Enterprise Adoption Programme to ease the adoption of data technology (i.e. data analytics and AI) amongst business enterprises.  The is to provide a structured and accelerated approach to assist business enterprises in making data-driven decisions to enhance business outcomes and drive new business growth.

In support of the DDD Enterprise Adoption Program, MDEC has also established a data technology ecosystem initiative, known as the Data Technology Partnership Programme.  This data technology ecosystem will support the data technology adoption journey of business enterprises, providing access to data technology solutions, expert advisory, talent development and use-case sharing.

To date, 16 technology partners and 12 training partners have been appointed under this programme.

OpenGov Asia reported that owing to its unique location at the heart of Southeast Asia, Malaysia is an ideal candidate to be a leader of research in and development of the ethics in Artificial Intelligence (AI), according to the Communications and Multimedia Minister.

Hence, Malaysia must focus on building the necessary data and AI capabilities to ensure its industries, government and people are able to take advantage of the opportunities being offered.

To do this, three key components — talent, trust and ethics — are required to develop a proper AI and data ecosystem.

The consensus amongst governments, industry leaders and recruitment firms worldwide is that there is a global shortage of AI talent. Malaysia, like the rest of the world, needs to develop deeper talent to further grow the nation’s AI ecosystem.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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