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Systech Berhad: Harnessing Budget 2025's Digitalisation Drive

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Publish date: Mon, 21 Oct 2024, 10:45 AM

Systech Berhad (SYSTECH, 0050), a key player in cybersecurity, Internet of Things (IoT), and data centre solutions, is set to benefit significantly from Malaysia's Budget 2025. With its emphasis on expanding the digital economy and fostering innovation, the budget provides a supportive environment for Systech's growth in the high-tech sector.

Budget 2025 Highlights and Impacts on Systech

Budget 2025 allocates substantial resources to accelerate Malaysia's digitalisation efforts, which aligns closely with Systech's core operations. The budget includes significant support for AI development, allocating RM10 million to the National AI Office and RM50 million to AI education. These initiatives are crucial in building a talent pipeline and enhancing Malaysia's position as a regional leader in AI innovation. 

This aligns well with Systech's recent expansion into AI data centres solutions and its partnership with Pinetop Technology Venture to establish cutting-edge AI-driven data centres.

The budget's emphasis on cybersecurity is also highly relevant to Systech. The RM30 million allocated for cybersecurity improvements and additional positions at the National Cyber Security Agency (NACSA) reinforce the government’s commitment to safeguarding digital infrastructure. Systech's expertise in cybersecurity solutions positions it well to contribute to these efforts, helping to secure digital transactions and protect businesses from threats.

Systech's Strategic Collaborations and Growth Opportunities

Systech's partnership with EH Integrated Systems (EISSB) aims to operate AI data centres and provide generative AI solutions across Malaysia. This collaboration leverages EISSB’s expertise in high-performance computing, enhancing Systech’s capabilities in digital transformation and automation. 

Driving the Future with AI and Data Centres

Systech's ventures into AI data centres, supported by collaborations with Pinetop and EISSB, underline its role in Malaysia's digital economy. The company's expertise in managing advanced AI infrastructure is essential for meeting the evolving needs of businesses in the digital era.

Moreover, Systech's cybersecurity services are crucial given the increased emphasis on fraud prevention in the budget. As Malaysia aims to be a leading digital hub in ASEAN, Systech’s expertise in protecting digital assets becomes a key component of the broader strategy to attract investments and secure digital services.

With the support of Budget 2025, Systech Berhad is well-positioned to drive technological progress, enhance digital services, and support Malaysia's ambition to lead the digital economy in ASEAN.

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