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Corporate Highlights2024-issue-4

MIMOS, a catalyst for Malaysia’s digital transformation

Acting President & CEO of MIMOS Berhad, Dr Saat Shukri Embong, shared his comments on our social platforms and podcast, Channel 10’s Ngopi programme, and appeared in The Malaysian Reserve after the unveiling of the Malaysia Budget 2025 by Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim.

“The 2025 budget announced by the Honourable Prime Minister is a clear and bold roadmap toward strengthening Malaysia’s economic resilience, digital transformation, and technological leadership. At MIMOS, we recognise the critical role this budget plays in addressing national priorities such as advancing the digital economy, fostering innovation, ensuring sustainability, and enhancing public sector efficiency. We are deeply honoured to be positioned at the centre of these national aspirations, and we reaffirm our commitment to helping the government achieve its ambitious goals.

MIMOS’s role in delivering key budget aspirations: One of the most notable elements of the budget is the emphasis on digital transformation as a key driver of economic growth. The Prime Minister’s commitment to advancing the MyDigital ID initiative, which was explicitly highlighted in the budget speech, demonstrates the Government’s recognition of the importance of secure, efficient, and inclusive digital identity systems. As the agency mandated to deliver MyDigital ID, MIMOS expresses its deepest gratitude to the government for this recognition and support.

We are fully committed to realising the Prime Minister’s aspirations of creating a seamless digital ecosystem where every Malaysian has access to secure online services, boosting trust and confidence in digital transactions, and safeguarding the privacy of all citizens.

This initiative will be pivotal in ensuring that Malaysia’s digital economy thrives by providing the foundational infrastructure needed for secure and trusted digital interactions. MIMOS’s role in delivering this will directly support the Government’s agenda of improving public service delivery, facilitating business innovation, and driving digital inclusion across all sectors of society.

Driving technological innovation and Industry 4.0 solutions: The budget’s focus on technology and innovation provides a platform for MIMOS to continue driving advancements in critical areas such as Artificial Intelligence (AI), Internet of Things (IoT), and Industry 4.0 solutions. These technologies are fundamental to the Prime Minister’s vision of improving productivity and enhancing Malaysia’s competitiveness in the global market. MIMOS is at the forefront of developing and deploying these technologies to modernise key industries, especially the Electrical and Electronics (E&E) sector, which the government has identified as vital to the nation’s future growth.

Through our work on AI-based inspection systems and IoT-driven solutions, we are enabling industries to optimise operations, reduce costs, and enhance product quality. These innovations, aligned with Industry 4.0 principles, are central to Malaysia’s ambition of becoming a leading global player in advanced manufacturing and high-tech industries.

Supporting sustainability and Green Technology: In line with the government’s emphasis on sustainability, MIMOS is contributing to the nation’s green agenda through the development of green technology solutions. The Smart Chiller System, Mi-Suria solar energy initiative, and Smart Inverters are some of the key innovations that MIMOS has developed to optimise energy efficiency and support renewable energy efforts. These solutions directly contribute to Malaysia’s decarbonisation goals and the government’s broader efforts to address climate change while driving economic growth.

MIMOS is committed to supporting the government in meeting its climate and sustainability objectives by continuing to develop technologies that promote energy efficiency, reduce emissions, and help industries transition to more sustainable practices.

Empowering talent and driving digital inclusion: The budget’s focus on talent development and the importance of building a skilled workforce for the digital age is a priority shared by MIMOS. Through the MIMOS Academy and the Industry Technology Innovation Center (ITIC), we are equipping Malaysians with the necessary skills to thrive in the digital economy. By fostering innovation and collaboration, MIMOS is helping to create a workforce that is agile, technologically proficient, and capable of driving the nation’s digital transformation.

These initiatives are crucial to ensuring that Malaysia’s transition to a high-tech, innovation-driven economy is inclusive and benefits all segments of society. MIMOS will continue to support the government’s talent development agenda by nurturing the next generation of innovators and digital leaders.

According to The Malaysian Reserve, MIMOS is at the heart of driving AI integration into key industries, preparing Malaysia for enhanced economic development. Dr Shukri explained that, “AI-based smart inspection systems and IoT solutions significantly improve productivity in sectors like manufacturing by automating processes and providing real-time data insights. This enables companies to predict maintenance needs, reduce downtime, and optimise operations, resulting in increased efficiency and cost savings.”

MIMOS is shaping the future of Malaysia’s electronics and semiconductor industries by leveraging Industry 4.0 technologies to enhance operational efficiency and sustainability.

Conclusion: The 2025 budget reflects a forward-looking vision for Malaysia, one that prioritises digital transformation, sustainability, and technological innovation as the keys to future prosperity. MIMOS is proud to be at the heart of these efforts, and we are committed to delivering the technologies, solutions, and innovations that will help the government achieve its aspirations.

We extend our deepest gratitude to the Government for its continued trust and support, particularly for the MyDigital ID initiative, which will be a cornerstone of Malaysia’s digital future. MIMOS stands ready to fulfill its mandate and contribute to building a secure, sustainable, and technologically advanced Malaysia, ensuring that the vision set forth in the 2025 budget is fully realised for the benefit of all Malaysians.