Leveraging Data-Driven Decision Making
The data economy is on the rise in Malaysia, with digital technologies and data-driven decision-making playing a major role in driving growth. Malaysia Digital Economy Corporation (MDEC) predicts that the data analytics industry will contribute a whopping RM67.7 billion (or roughly USD 16.2 billion) to the country's GDP by 2025.
Key themes & takeaways:
GOVERNANCE, ETHICS, PRIVACY: Upgrading infrastructure and integrating legacy and incumbent system, and a look into operationalising data governance to ensure security, privacy, and ethical use of data and AI
DATA STRATEGY, LITERACY & DEMOCRATISATION: Preparing proactively for easy access to data, unlocking the true value of data, and using data as an enabler of growth and innovation
THE FUTURE OF AI IN ANALYTICS: Exploring how we have been using AI, how AI is shaping the future of analytics, and how to balance the wide use of AI with efficiency, productivity, and of course, ethics
DATA MONETISATION: Increasing revenue using data and a look into how data is paving the way for new products, services, and process improvement