TechNave Business Bytes Week 4 March 2024: Digital Transformation, Cybersecurity Concerns, and E-commerce Growth

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This week's TechNave Business Bytes for Week 4 of March 2024 news shows that the digital landscape is constantly evolving, and businesses need to adapt to stay ahead. Check out some of the highlights below but do read on for more details:

  • Kaspersky aced cybersecurity tests in 2023, Maxis empowers veterans with digital skills, COPE invests in sustainable IT solutions provider CHN, SAP appoints new MD for Malaysia focusing on digital transformation, Intel simplifies building AI-powered PCs for developers.
  • Malaysian businesses underprepared for cyberattacks but plan budget increases, Touch ‘n Go donates to families in need for Hari Raya.
  • Record-breaking sales on TikTok Shop Malaysia, Mydin upgrades e-commerce operations with Zebra mobile devices.
  • TECNO partners with esports organization RSG to promote gaming in Southeast Asia.

 

Capital A and Ant International Partner to Boost Digital Payments and Travel Experiences

Capital A's digital arm, MOVE Digital, has partnered with Ant International to enhance digital payment options and financial technology offerings. This collaboration will focus on integrating Alipay+ payment solutions into AirAsia MOVE's platform and BigPay services.  They will also collaborate on marketing initiatives and explore ways to promote sustainable finance for small businesses. This partnership aims to improve user experience for both companies while expanding access to financial services and travel experiences.

 

Kaspersky achieves impressive results in Independent Tests for 2023

Kaspersky achieved impressive results in independent cybersecurity tests throughout 2023. Their products participated in 100 tests and reviews, earning top rankings in 94% of them. This includes awards for best protection, performance, and usability. These results highlight Kaspersky's commitment to providing effective and user-friendly security solutions for consumers and businesses.

 

PERHEBAT, Maxis Partner to Bridge Digital Divide for Retiring Malaysian Armed Forces

Maxis partnered with PERHEBAT, a Malaysian government agency supporting retired military personnel, to offer digital marketing workshops. This program equips veterans with skills like social media marketing and online advertising to help them succeed in the civilian workforce. The first batch of 725 participants found the workshops valuable and gained confidence in starting or improving their online businesses.

 

Cisco Study: Malaysian Businesses Unprepared for Cyberattacks, should Plan Budget Increases

A new Cisco study reveals that only 2% of Malaysian organizations are truly prepared to defend against modern cyber threats. Despite this lack of readiness, 77% of respondents expect a cyberattack to disrupt their business within the next two years.

The study highlights several key areas of concern: overconfidence in existing defenses, reliance on point solutions that create complexity, and a significant cybersecurity talent gap. However, there are also positive signs. Nearly all companies (98%) plan to increase their cybersecurity budgets in the next year, with many planning to invest in new solutions and AI-powered technologies.

 

TECNO Teams Up with RSG to Power Up Esports in Malaysia and Philippines

Smartphone brand TECNO has partnered with esports organization RSG for a year to support competitive gaming in Malaysia and the Philippines. Both RSG's Malaysian and Philippine teams will be sponsored by TECNO and participate in community outreach programs. The partnership aims to improve esports competition, fan engagement, and inspire aspiring gamers across both countries.

RSG Malaysia and RSG Philippines will also be the official gaming ambassadors for TECNO in 2024, starting with the launch of TECNO POVA 6 PRO in Philippines in March and TECNO POVA 6 PRO 5G in Malaysia in April 2024.

 

Touch ‘n Go Group Celebrates Hari Raya with RM30,000 Donation to Lembah Pantai Families

Touch ‘n Go Group donated RM30,000 to support underprivileged families in Lembah Pantai for Hari Raya celebrations. This included shopping vouchers and a Hari Raya shopping trip for some beneficiaries. The company collaborated with YB Fahmi Fadzil, Lembah Pantai Member of Parliament’s office to give back to the community during Ramadan and Hari Raya.

 

COPE Private Equity Invests in Complete Human Network (CHN)

COPE Private Equity, a Malaysian investment firm, has invested in Complete Human Network (CHN), a leading provider of enterprise mobility solutions that help companies transition to digital business practices. CHN's subscription-based service bundles IT devices and software, simplifying IT management for businesses while reducing electronic waste and offering clear environmental impact tracking.

CHN has experienced rapid growth, exceeding 40% annual revenue increase since 2018. They cater to a wide range of clients across sectors and specialize in Apple products for businesses and education. This investment from COPE will fuel CHN's expansion plans across Asia and further establish them in the Device-as-a-Service market of Southeast Asia. Additionally, both companies see an opportunity to contribute to the environmental, social, and governance (ESG) goals of businesses in the region.

 

SAP Appoints Vipin Chandran to Lead Malaysia's Digital Transformation

SAP has appointed Vipin Chandran as the new Managing Director for Malaysia. Chandran brings over 25 years of experience to the role and will focus on helping Malaysian businesses leverage cloud technologies and Artificial Intelligence (AI) to achieve digital transformation. He will also prioritize building stronger supply chains and promoting sustainable practices. Chandran is confident in Malaysia's thriving digital economy and looks forward to collaborating with public and private sectors to navigate the evolving technological landscape.

 

Intel is expanding its AI PC Acceleration Program to include two new initiatives: the AI PC Developer Program and a program for independent hardware vendors (IHV)

The AI PC Developer Program is designed to make it easier for developers to create AI-powered applications for Intel-based PCs. The program provides developers with access to tools, training, and resources to help them optimize their applications for Intel's latest hardware.

The IHV program is designed to help hardware vendors create products that are compatible with Intel AI PCs. The program provides IHVs with access to Intel's Open Labs, where they can receive technical support and co-engineering assistance. Check out their site for more details.

 

TikTok Shop Malaysia Sets Malaysia Book of Records achievement with Khairul Aming

TikTok Shop Malaysia recently achieved a record-breaking feat by reaching RM1 million in sales during a livestream with entrepreneur Khairul Aming. According to the Malaysia Book of Records this achieved 'Fastest RM1 million Sales Value in TikTok Shop LIVE streaming’.

This is the first time a local product took center stage on a major brand day for the platform. Khairul Aming's new product launch garnered over 80,000 orders within minutes, demonstrating the power of influencer marketing and the platform's growing user base in Malaysia.

 

Mydin Equips Staff with Zebra Mobile Devices to Enhance E-commerce Operations

Mydin has significantly improved its e-commerce efficiency by using Zebra's warehouse mobility solution. This solution allows Mydin to process many more online orders daily. Mydin's staff are equipped with Zebra's TC21 mobile computers, which are designed to be user-friendly and efficient. This technology helps Mydin to better serve its growing customer base.

The adoption of this solution reflects the growing importance of e-commerce in Malaysia. Zebra Technologies points out that many shoppers prefer a blend of online and in-store shopping. By using technology to improve its e-commerce operations, Mydin is positioned to take advantage of this trend.