Cloud computing acceptance have been growing significantly throughout the world as well as in Malaysia. It is no surprise that Cloud Computing is one of the focus area in Malaysia ICT Roadmap. The key advantages received good acceptance such as economies of scale, shared computing platform, no need to invest in new infrastructure, no need ICT new ICT staff and training and savings in new licenses.
Cloud computing can be categorised into Software As A Service (SaaS), Platform as a service (PaaS) and Infrastructure as a Service (IaaS). Many lucrative clusters are identified such as in health, manufacturing, education, travel, retail and SMEs.
According to MOSTI the market size for Cloud is RM120 billions in 2011 and is expected to increase to RM723 billions in 2020. Currently Malaysia only have RM140 millions in cloud. It is expected that Malaysian share in cloud income will increase to to RM2.8 billion in 2020. Cloud computing will generate more than 11,000 jobs by 2020 s compared to only 3,000 now.
For our ICT entrepreneurs, we can see the cloud sector will increase by RM2.5 billion in the next 7 years. We should be more proactive in developing more products and solutions using the cloud. For users especially the SMEs, this is the time to benefit from fantastic solutions on par with much larger companies yet the cost is very affordable. SMEs should take the opportunity to compete using fantastic cloud solutions. Now they are on par with larger competitors. Now you can lose due to inferior system or ICT solution. If you have fantastic products and you work hard on it, you can win.