Borneo Tech Summit is a first technology event in Sabah which highlights the progressive use of technology & innovation within the state’s ecosystem such as, industry players, higher learning institutions, government stakeholders and startups.This event is essential to bridge the digital divide in Sabah by showcasing our capable pool of talent to cultivate technology & innovation and ultimately to contribute to the digital economy. FORUM Watch Sabah is one of the largest states in Malaysia with the second highest population in this country but it is difficult to find a startup that is deeply passionate and connected to the technology ecosystem. This kind of problem provides an opportunity for us to discuss how we can help lift the ecosystem and increase the digital economic growth in Sabah. Watch Nowadays, almost all parts of the world’s economy are driven by technology. But in some parts of the world, there are few who would still use conventional methods to offer their service, make a transaction, and more. We can see how people depend on digital technology when the pandemic strikes all over Malaysia. In this forum, the panelists discussed how technologies were adopted by the government, academia, industry and community. Watch Internet access is the foundational requirements to make sure information technology works properly & successfully. Nowadays, people depend on the internet to send emails, use applications, etc. In fact, many projects involving the internet had to be stopped due to limited internet access in Malaysia, especially in Sabah. In this forum, the panelists discussed how digital infrastructure in Sabah can be uplifted to increase the economic growth. Watch The topic of disruptive trending technology has been discussed thoroughly by the experienced industry players on how new technologies can shape the future of human experience in all sectors. Watch Sabah is still ranked as the poorest state in Malaysia and this is very worrying. Therefore, something must be done strategically in the aspect of digital talent development for a resilient science, technology, innovation and economic (STIE) ecosystem in Sabah. The topic will discuss further in the area of digital development in strengthening the STIE culture. Watch New companies or particularly companies that are developing brand new products often do not have customers or revenues when they start. These startups need money for product development and to support the company’s operations until revenues pay the bills. This forum discussed further on the financing options for those companies. TECH SHARING Watch Presented by Mr Michael Tiu Lim, Vice President of National ICT Confederation of Philippines about how an ICT Council in Philippines develop the local ecosystem in terms of Infrastructure, Talent, and Business Environment that is suitable for the Information Technology and Business Process Management (IT- BPM) industry and the opportunities of Digital Economy. He also shared about their initiative, a startup competition that aims to encourage and support Filipinos in creating innovative and relevant ICT products and services. Watch “3 key points that have brought startups to failure. Premature failure, failure to identify target market and lack of governance.” That’s what has been told by Mr. Muhammad Hafez Mohd Azhar, Head of Legal Affairs of Cradle Sdn Bhd on the topic of Why Startups Fail based on their data and statistics. Not only focusing on the causes, he also shared what actually should be done by startups at their early stage of business. Watch Mr Raymond Siva, the Senior Vice President of Malaysia Digital Economy Corporation (MDEC) was the speaker for this tech sharing with the topic of Opportunities in the Digital Economy. He said that the ambition that we need to focus on is to drive digital adoption across economic related areas. The new initiative by the government was introduced to encourage and attract companies, talents and investment while enabling Malaysian people and businesses to play a leading part in the global revolution/digital economy. Watch Malaysia recorded over 20,000 cybercrime cases last year with losses amounting to RM560 million, said deputy secretary-general (Security) of the Home Ministry, Datuk Abdul Halim Abdul Rahman. He said the cases recorded included cyber bullying, falsification, hacking, phishing and e-mail scams which were increasing each year. Mr. Arivindran Saidoo, the Associate Partner, Technology Consulting, Ernst & Young Consulting Sdn Bhd, an experienced cybersecurity professional is the speaker for this tech sharing.