16th World Congress on IT 2008 Report Card
posted by Glen Stidolph in Outsourcing |
Malaysia was the centre of the IT world in May, with the 16th WCIT 2008 summit now being cited as being the biggest ever. The cost of hosting this global summit was subject to local comment, so just how did it benefit the hosts. With figures now released by the Malaysian government, here’s our report card.
Delegate Figures; over 7’000 delegates attended the 16th WCIT 2008 Summit, making it the largest ever. Score A+Visitor information; over 50,000 participants attended WCIT2008 and related events and the exhibition. Score A
Identified Business Opportunities:
a. Over 800 meetings were held over the duration of the summit and its related events. Score B.
b. Over RM1.24 Billion of business opportunities were identified through these meetings. Score A
c. Over RM2.0 Billion worth of potential investments were identified through these meetings - Of which 10 FDI and 26 DDI, with more than 13,000 jobs. Score A.
Sales and investments secured; Over the duration of WCIT2008 and its related events, Malaysia secured total sales and investments worth RM8.3 Billion – creating more than 20,000 new jobs. Score A+
Overall score: AComments; A resounding success for Malaysia and its expanding ICT industry. The A+ was within Malaysia’s grasp, however Malaysia failed to fully engage its SME ICT companies in their participation of the Summit and needs a little reminder that in a ‘team showcase event’ like this, the stronger players need to reach down and assist their smaller colleagues.
