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Report: Malaysia urgently needs to boost digital skills competency

Despite being globally competitive in all three domains, Malaysian learners grapple with critical skills of the future

by moneycompass
August 16, 2021
in Local Market News
skills
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KUALA LUMPUR – Coursera’s latest Global Skills Report emphasizes the urgent need for Malaysia to bridge the current skills gap at a faster pace as the country accelerates its digital economy agenda. The report reveals that while Malaysian learners are relatively more adept at digital skills like Cloud Computing and Data Analysis, there is a significant skills gap across Business, Technology and Data Science.

Overall, Malaysia is considered competitive with 57% proficiency, ranking 46th globally and fourth in Southeast Asia. The country lags behind neighbors like Singapore (#10), Vietnam (#20), Indonesia (#45), but ahead of the Philippines (#69) and Thailand (#76).

The study aims to provide actionable insights to Governments, workforce, and industry leaders about the latest skill trends and their relationship to economic resiliency and growth. It draws on performance data since the pandemic’s onset from more than 77 million learners on the platform to benchmark skills proficiency across business, technology, and data science for over 100 countries.

“The pace of skills transformation is slower than the pace of digital transformation in Malaysia, as is the case in several countries across the world. Learners must invest in both soft and technical skills to prepare for jobs of the future,” said Raghav Gupta, Managing Director – India and APAC, Coursera.

Cutting-edge proficiency in Cloud Computing and Data Analysis

Cloud Computing and Data Analysis have emerged as key skills for the pandemic-induced digital transformation. Malaysian learners showcased high skill proficiency at 91% and 79% respectively, indicating a growing pocket of highly-skilled technical professionals in the country.

Off to a good start with emerging technologies

Although proficiency in Machine Learning is at 50%, Malaysia observed more learners opting for online learning to arm themselves with the skills of the future. The top trending skills among Malaysian learners included Python Programming, ML, IoT and Data management.

A report by PwC also notes the promising change: 88% of employees are ready to learn new skills or completely retrain in order to remain employable in the future.

Room for further development across digital skills

Malaysia secured mid-rankings globally in each domain, #52 in Business, #48 in Technology and #51 in Data Science. With 56% proficiency in Technology, Malaysia lags behind neighbors like Singapore (96%), Vietnam (88%) and Indonesia (78%).

The Data Science domain tracked a similar index with 52% proficiency, placing Malaysia only slightly ahead of Indonesia (46%), Thailand (46%) and the Philippines (44%). Key skills including Software Engineering, Mathematics and Programming scored less than 50% in the report’s benchmark, despite the nationwide push to encourage a new generation of STEM talents.

 

Read more: The Merdeka SME e-Fair 2021 to connect SMEs with solution providers to help boost their business recovery post-MCO

Tags: businessdigital economydigitalisationtechnology
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