- Malaysia is implementing various initiatives to help hone and rehabilitate its residents, including the #MyDigitalMaker Movement, eUsahawan, Premier Digital Tech Institute, Digital Skills Training Guide, Let’s Learn Digital and more.
- A PwC report on Malaysian employees in April 2021 showed that while 77% see technology presents more opportunities than risks, 71% fear jobs may be at risk due to automation – a massive jump from 34% in 2020.
- Digital vacancies in Malaysia nearly tripled from 19,000 in June 2020 to 56,000
Malaysia relies on strong public-private partnerships to bridge the skills gap as it charts its way to achieving Malaysia Agenda 5.0 while aspiring to be the digital heart of ASEAN.
Inspired by Japanese Society 5.0, the agenda seeks to transform the country into a digital nation by using 4IR (Fourth Industrial Revolution) technologies built into every level of its society and guiding its national education system to align with the digital future.
Malaysia’s 12th plan unveiled in September last year also aims to increase the GDP contribution of the digital sector from 22.6% to 25.5% by 2025.
However, the skill development process is lagging behind the accelerating digital transformation of the pandemic.
Malaysia is 46th in global skills – lack of digital skills
Last year’s Global Skills Report by Coursera ranked Malaysia 46th, falling behind the two highest-ranked members of ASEAN, Singapore (10) and Vietnam (20).
PricewaterhouseCoopers report on Malaysian employees in April 2021 showed that time 77% see technology presents more opportunities than risks, and 71% fear jobs may be at risk due to automation – a massive jump from 34% in 2020.
“As much as technology is a lifeline in keeping people at work and an enabler for business continuity, there are still identified barriers. 78% of Malaysians say that lack of access to technology has limited their skill development.
This may reflect a lack of appropriate technology, or it may indicate that Malaysian companies need to go beyond mere lip service to fill the skills gap with an appropriate skills improvement strategy urgently, said Noor Al-Ain Abdul Latif, head of markets at PwC Malaysia. in the current situation.
Digital jobs in Malaysia have nearly tripled
By April 2021, digital job vacancies in Malaysia had nearly tripled from 19,000 in June 2020 to 56,000, according to the Malaysian Digital Economy Corporation (MDEC).
The country’s leading digital economy agency has found the top 10 in-demand digital skills from LinkedIn Talent Insights as:
- Analytical skills
- computer science
- Software development
- Information Technology
- cloud computing
Companies recognize the need for digital skills
The MDEC Digital Talent Survey 2021 published in October last year found that 85% of companies recognize the need to reskill their employees. As 48% of companies have adopted digital technology platforms for daily operations, up from 19% in 2020, the skills required have also developed.
The survey also found that more emphasis is placed on technical skills, such as cloud computing, cyber security, data analytics, digital marketing and software development, rather than digital productivity and remote work skills.
Malaysia implements upskilling and refining initiatives
Malaysia is implementing various initiatives to help hone and rehabilitate its residents, including the #MyDigitalMaker Movement, eUsahawan, Premier Digital Tech Institute, Digital Skills Training Guide, Let’s Learn Digital and more.
For example, #MyDigitalWorkforce Work in Tech (MYWiT) provides training and payroll subsidies to encourage employers to hire the unemployed for technology and digital services jobs. Global tech giants such as Facebook, IBM, Google, Huawei and Microsoft are partnering with initiatives to bridge the local skills gap.
Educating students in the field of 5G and emerging technology
Recently, Ericsson, a leading provider of telecommunications technology and services, announced its collaboration with Universiti Teknologi Malaysia (UTM) and Digital Nasional Berhad (DNB) to educate students about 5G and emerging technologies. It gives UTM students free access to the Ericsson Educate portal to complete online university degrees and microcredit programs.
Malaysia has great digital ambitions and matches them with great effort between the public and private sectors and investments to achieve them. When it comes to preparing the country to be at the forefront of the digital future, the (skills) gap is not enough.