Barjoyai Bardai of Malaysia University of Science and Technology says this presents and opportunity to enhance the country’s digital capabilities at a lower cost
00:00The ringgit steady rise this year, now trading around RM4.13 to the US dollar,
00:05has opened a window for Malaysians to upgrade their digital devices, software, and cloud tools at a noticeably lower cost.
00:14Barjoyai Bardai of Malaysia University of Science and Technology said,
00:18small and medium enterprises and households are paying less for digital tools, such as Microsoft 365, Adobe Creative Cloud, AWS services, and imported hardware including routers, servers, and Internet of Things devices.
00:34He said this effect is especially impactful for subscription-based platforms where monthly or annual fees are billed in US dollars.
00:42The more favorable exchange rate has come at an opportune time for many SMEs,
00:48particularly those that have fallen behind in digital adoption despite available support from technology providers.
00:55Barjoyai said lower technology costs help SMEs to scale up faster through cloud platforms and SaaS solutions,
01:02such as CRM, ERP, and e-commerce systems,
01:05while households and micro-businesses can upgrade smartphones, tablets, and laptops, essential for daily digital access.
01:14He added that building digital infrastructure strengthens resilience against future shocks,
01:20such as pandemics and supply chain disruptions.
01:24Barjoyai said widespread digital upgrades could increase national productivity and enhance the digital economy,
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