Gamuda makes major move into digital market

Quick Summary:

Gamuda Bhd is going big into the cloud business by investing RM18mil in a Malaysian start-up offering Google Cloud solutions and by joining hands with Dagang NeXchange Bhd (Dnex) for a sovereign cloud solution.

Gamuda-Dnex GDC services will involve procuring GDC hardware, expert workload sizing, providing customised AI solutions, application development, ongoing client support, data migration and infra maintenance to clients.

The joint venture, which has an equity ratio of 50:50, is authorised to act as the sole provider of GDC services targeted at over RM11bil market across government, including federal and state entities, as well as private entities such as financial service institutions and security-sensitive organisations.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: GamudaDnex GamudaCloud GoogleCloud TechPartnership /Business/Business News Corporate News CloudSolutions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24337423

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