MDEC Innovation Exchange: Accelerating Corporate Digital Transformation Via Local Technology Innovations | MDEC

CYBERJAYA, 27 MAY 2021: The Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead agency in digital transformation, today announced the launch of MDEC Innovation Exchange (MIX), a programme designed to accelerate the digitalisation of the nation’s economy. MIX is part of the agency’s corporate innovation efforts aimed at empowering large corporates with value-added digital transformation via local innovations; bringing together established corporates and world-class local technology players.

MIX acts as the essential link between corporates and high calibre local tech start-ups and scale-ups, enabling organisations to realise their asset value, understand their pain points and pervasively deploy and utilise digital and data technologies.

“The pandemic has brought digitalisation to the fore, rapidly shifting the paradigm of digitalisation and servitisation of the economy. It is no longer a choice but a necessity.

“In line with the Malaysia Digital Economy Blueprint (MyDIGITAL) and coinciding with our agenda of Malaysia 5.0, MIX will greatly benefit local enterprises to pivot digitally and boost their competitiveness, thus accelerating a nation by providing equitable digital opportunities to the people and businesses,” said Surina Shukri, MDEC CEO.

The MIX programme by MDEC is set to be a game-changer in pushing for industrial advancement in Malaysia while contributing to the successful growth of the nation’s startup scene. MDEC will provide the bridge between corporates and startups via the following steps of engagement:

Through MDEC’s corporate innovation programmes and initiatives, the agency has formed 85 engagements with 85 corporate partners across seven economic sectors – namely telecommunications, manufacturing & engineering, transport, finance, services, property & agriculture and FMCG – to help them embark on their digital transformation journeys.

To date, the agency has assisted the organisations in tackling 75 problem statements, in addition to creating nearly 1,300 opportunities for relevant tech companies, signing five memorandums of understanding (MoUs) as well as achieving 13 business deals.

The MIX programme by MDEC is open to all corporates wishing to be a part of the innovation space. They can also apply to involve themselves in multiple innovation initiatives under the programme. To register your organisation for the MIX programme, visit https://mdec.my/mix/

About Malaysia Digital Economy Corporation (MDEC)
Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the nation’s digital transformation for 25 years. MDEC’s agenda is Malaysia 5.0, enabling a nation deeply integrated with technology, providing equitable digital opportunities to the people and businesses.

In order to achieve this, we will focus on four key thrust lead DIGITAL thrusts, New skills, Adoption, Disruptors and Investments. This forms the basis of our NADI Digital brand campaign, that will drive our core programmes for the rakyat, business and investors. MDEC’s aim is for Malaysia to become a globally competitive digital nation, anchored on inclusivity, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.

#Malaysia5.0 #NadiDigital #SayaDigital #MHODA #MyMDEC

To find out more about MDEC’s Digital Economy initiatives, please visit us at www.mdec.my or follow us on:
Facebook: @mymdec
Twitter: @mymdec

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Uma Kanapathy
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