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Describe FIVE (5) digital economy trends in Malaysia. Specifically, explain how these trends affect industrial supplies...

Describe FIVE (5) digital economy trends in Malaysia. Specifically, explain how these trends affect industrial supplies segment with examples.

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Answer #1

The top 5 digital trends in Malyasia are :

  1. Robotic aitomation for banking customer services
  2. AI based application for net bnking
  3. Blockchain methodology for payment in cryptocurrency
  4. 5G applications like plant maintenance and fraud detection
  5. Connected vehicles and drone dekivery through M2M learning modules.

These trends have largely disrupted industrial supply chain management for example, now it is possible to have real time tracking of goods and services using videos, automatic delivery using drones, payment interfaces backed by Bitcoin payments , AI based chatbots for supplier grievance, 5G connceted self driving vehicles for delivery, etc.

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