Top Fast Growing Tech Companies in Malaysia

The Fastest-Growing Tech Companies Industry in Malaysia is a crucial sector that has seen significant growth and investment over the years. In this article, we will delve into the key statistics from 2022, factors contributing to its growth and success, each industry's growth and comparison to the previous years, key trends including technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
PDI SOFTWARE1,823

NORDIC GROUP LIMITED68 +65 6848 4400

ILIPA IT2 +60 3-2783 9666

A member of the ilipa Ventures group of companies, ilipa IT PLT is a specialist IT provider who focuses on the delivery of web based (SaaS) GPS & Cost Management solutions for business.ilipa IT are the Malaysian Systems Integration & customisation providers for the simPRO family of products.Through our partnership with CPK Solutions and their Global Fleet Centre suite of fleet management products, we can offer unrivalled software management tools to effectively manage spiralling fleet costs.

MY TECHNOLOGY PARTNER (ANDERES FOURDY SDN BHD)6 +60 13-435 5951

Anderes Fourdy is a technology solution company that empowers small and medium enterprises (SME) businesses to function efficiently and effectively. We are founded on the premise there is a mammoth gap between the demand in affordable technology solutions for the local Malaysian SME and the almost non-existent supply of effective technology solutions which is custom developed.We believe in engaging our clients with a more consultative approach and equipping them with the right tools and mechanism, our clients are able to compete on equal footing with their bigger counterparts from not only within Malaysia but on an international platform.

ASCENTRIO SDN BHD13 +60 3-7877 5469

ASCENTRIO is an IT software and services company that was founded in 2004 to provide end-to-end software development services; IT product offerings and IT outsource placement services. We strive to provide you with reliable innovative offerings that delivers adaptive, analytical & accelerate IT business solutions and services.ASCENTRIO offers a range of software development services that encompasses business requirement analysis & consulting, design & development to deployment & support. We provides strong technical expertise to architect, design and develop various customized application systems, systems integration, web services and many more, using a wide-range of advanced technology, especially Microsoft and Java, coupled with our in-depth, multitude of skills-sets.The team consists of a group of experienced and skilled IT personnel that has an average of over ten years of experience in the Information Technology industry, with a mission to help corporations, its employees, partners and customers to achieve their business goals by delivering ADAPTIVE, ANALYTICAL and ACCELERATE IT business applications, to enhance the knowledge sharing, decision making, collaboration & communication, relationship building and business transaction more efficiently and effectively for competitive advantage and better return on investments.

DELTAFRONTIER8 +65 6962 6981

DeltaFrontier PTE LTD (“DF”), a Singapore based value added solution company; In this Era of globalization, when technologies evolve rapidly.Deltafrontier is strategically well-positioned to lead at the forefront of cutting-edge AIoT technologies. With Deltafrontier, you can expect reduced execution cost, proven risk mitigation strategies and industry-specific technical advice with wide sourcing excellence.

DESKERA178 +65 6202 1350

Deskera is an award-winning all-in-one business app that helps SMBs grow faster with fewer tools. Use Deskera for accounting, payroll, CRM, HR, inventory, email marketing, no-code website-building, and much more. Plus, we are constantly rolling out new features. See why 300K SMBs trust Deskera. Try it free for 30 days.Discover how #TeamDeskera can transform your business by joining our FB user group https://www.facebook.com/groups/deskera

BESPOKE TECHNOLOGY SDN. BHD.9 +60 3-7876 9952

Developers, Developers, Developers... we build tools for developers to build their app on the web, mobile and devices. Bespoke has been pioneering enterprise application development, enterprise application integration and messaging.Passion is our wayWe are committed to our customers and partners and have passion for technology.Bespoke Technology Mission StatementTo be a single source for Services Oriented Architecture (SOA) realization for organizations looking well integrated and managed solution for business for agility based on open standard in their overall strategy.

AXCELIGENT13 +60 11-1234 1223

Helping companies across sectors in digitalizing, automating and standardizing their unique processes, tasks, documents, endorsement and approvals through our Work Management Platform, Planally.

FLOWYTEAM9 +60 17-852 0210

One app for your team’s productivity & performance. Grow, Engage and Track via KPIs, OKRs, Tasks, and Projects in an inspiring way, even remotely. Motivate when targets are achieved. Engage & Close skill gaps via our knowledge learning hub.Objectives and Key Results as aspirational goals and KPIs (Key Performance Indicators) as committed objectives are powerful performance tools to outperform your competitors. Free Forever:https://flowyteam.com/signupFlowyTeam offers:- KPIs Tracking via Dashboards- OKR Alignment and company growth- Task Management- Project Management- Whiteboards- Support Ticketing- Lead Tracking- Reward System- 360 reviews- Knowledge Resource Hub to close skill gaps- Attendance and time logs of projects, KRs, and tasks#okrs #okr #kpi #kpis #goalsetting #attendance #performancemanagement #360review #tasks #taskmanagement #kpidashboards #employeeengagement #okrcoaching #okrcoach

ORCADESIGN CONSULTANTS25 +65 6266 1382

Orcadesign Consultants is a forward-thinking innovation and strategy consultancy firm with over 25 years of experience in creating impactful solutions. Our multidisciplinary team works closely with companies and organisations to uncover opportunities, solve problems, innovate and grow sustainably. We adopt a customer-centric approach to identify consumer trends and understand user needs and motivations, before we translate them into insights to drive innovation. Our range of services includes market insights, product design, retail experience design, digital interface design, brand design and design thinking training. Our varied portfolio of clientele includes SMEs, start-ups, government agencies and global brands.

QUIRK6 +65 6385 0500

Quirk is an award winning integrated marketing communications agency. We create intelligent, visual compelling interactive web and print graphic design that converts to quantifiable business results resulting in a positive ROI. The company was founded with a mission - do great work regardless the size of the project or client. We work as your design partner, a hybrid of design and business; we are an extension of your in-house marketing and design department. Our team is your team. We are nimble, efficient and provide a personalized service that is highly adaptable. This resonates in our belief for long term, personal relationships - more than 90% of our client base are through repeating loyal clients or word of mouth.With more than 15 years of experience, we have experienced an exponential growth having worked on more than 800 projects with more 200 companies ranging from SMEs, MNCs and Government sectors.Selected Clientele: Government sector: iDA, Public Utilities Board, Spring Singapore, Singapore Prison Service, A*STAR, National Heritage BoardLifestyle: Grand Hyatt, NTUC, Singapore Zoo, Sennheiser, Toshiba, St James Power Station, On Cheong Jewellery, The EsplanadeF&B: BreadTalk Group, Tung Lok Group, Long Beach Seafood, Ya Kun Kaya Toast

ROCHE91,091 +65 6272 7500

Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives. The combined strengths of pharmaceuticals and diagnostics under one roof have made Roche the leader in personalised healthcare – a strategy that aims to fit the right treatment to each patient in the best way possible.Roche is the world’s largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system. Roche is also the world leader in in vitro diagnostics and tissue-based cancer diagnostics, and a frontrunner in diabetes management.Founded in 1896, Roche continues to search for better ways to prevent, diagnose and treat diseases and make a sustainable contribution to society. The company also aims to improve patient access to medical innovations by working with all relevant stakeholders. Thirty medicines developed by Roche are included in the World Health Organization Model Lists of Essential Medicines, among them life-saving antibiotics, antimalarials and cancer medicines. Roche has been recognised as the Group Leader in sustainability within the Pharmaceuticals, Biotechnology & Life Sciences Industry ten years in a row by the Dow Jones Sustainability Indices (DJSI).For more information, please visit https://careers.roche.com/global/enRead our community guidelines here: https://www.roche.com/some-guidelines.htm#Roche #Biotechnology #Pharmaceuticals #Diagnostics #Healthcare #PersonalisedHealthcare #GreatPlaceToWork #Innovation

TH3 HOLDINGS SDN BHD0 +60 3-7984 2160

TH3 is an Information Technology company formed by a group of dynamic IT experts which emphasize on providing effective technological solutions to all our clients. We pride ourselves with out-of-the-box thinking to discover innovative ways to solve our clients’ dilemmas.We offer a variety of services from the hottest IT trends to complex consumer related big data. We believe ideas and advancement of technology are limitless, hence it is possible for us to create solutions that can overcome challenges that endure the test of time.

CLAZZY.MY | LEARN CODING6 +60 11-5628 1372

We are a Startup Company that empower other startups with Lean Startup Methodology and building their solutions with Artificial Intelligences/Machine Learning. Want to gain skills in IT? Join Clazzy Academy!Join our coding class and gained wide skillset in technology, visit clazzy.my and sign-up to get started.We build software like web application, mobile application and AR projects. Have a next big thing to develop? Tell us and let us handled for you. Email business@clazzy.my for more inquiries on software development Email support@clazzy.my to ask us about technology courses.

WE ARE PERSPECTIVE9 +65 6293 4451

We are an international creative product design consultancy and hardware accelerator with 5 offices in Singapore and The Netherlands, serving clients on both sides of the globe.We provide product strategy, industrial design, product development & engineering and industrialization support to our clients, bringing fresh perspectives and delivering the best product experience possible.Our portfolio compromises mainly consumer electronics, health-tech, and industrial products as well as mobility, infrastructure and public transport solutions.From pre-conceptualization to manufacturing support phase, we tie-up with grants support, connect and manage production process to bring your ideas into the market. Designing with the heart of your intent and concern, we immerse ourselves through a collaborative process with partnered clients from start-ups to multinational, bridging the gap of design and production within our process seamlessly. This is possible because we are part of Pezy Group – the biggest production innovation group in The Netherlands, consisting of technical and creative professionals. With Pezy Group, we practice true collaboration between disciplines in design in design, technology and industrialization utilizing an international team of experts.We have the dedication to thrill our clients with unique, cost effective and innovation designs.

WIPRO CONSUMER CARE VIỆT NAM134 +65 6496 2000

Wipro Consumer Care Vietnam is a leading international FMCG company where people can develop and realize their potential while creating brands and products that inspire Vietnamese lives.Ever since the start of our operation in 1996, we have Wipro Consumer Care Vietnam to become the third largest non-paper personal and home care business in the market with propelled annual double-digit growth and highly-appreciated brands such as Enchanteur, Romano, Gervenne, Izzi, Bio-Essence, MaxKleen, Carrie Junior and Dashing.Wipro Consumer Care Vietnam was recognized as one of 100 Vietnam Best Places to Work consecutively for the last two years (2017 & 2018) and won The Award of Best Companies to Work For in Asia in 2 consecutive years (2018 & 2019)

THE BONSEY DESIGN PARTNERSHIP22 +65 6339 0428

Bonsey Design is an independent, integrated network of brand strategists, designers and project managers with over 25 years experience of helping clients adapt and grow in the fast-moving markets of Asia.We manage projects across multiple sectors, from banks and airlines to packaged goods, technology and new media. What they all have in common is a focus on mastering transformation to create lasting consumer and business impact.We work with client organisations to simplify and amplify what they stand for so they can achieve meaningful and lasting connections internally and externally. We believe all brands have a story to tell, so we partner our clients in creating powerful narratives that deliver meaning, differentiation and relevance for consumers across Asia.

WESS31 +65 6602 8212

WESS is Singapores first sectoral cloud-based business management system designed for the Beauty & Wellness industry. We have started as a Sectoral ICT Project in 2012 for the Spa & Wellness sector in Singapore, together with IDA (Singapore) and Spa & Wellness Association Singapore (SWAS). Today, WESS is the leading business management software powering the Spa & Salon Industry. We currently based in Singapore, Johor & Kuala Lumpur, Malaysia.Our main goal is to allow beauty, Spa & Salon owner to create/build a closer interaction with their customers and prompts loyalty.We provided integrated cloud-based solutions and SaaS to help Salon and Spa owners handle everything their business needs: Payroll, Employee management, Appointment scheduling, CRM, Inventory management, Email & SMS marketing, and more.If youre interested in joining our talented team of designers, developers, marketers, and more, wed love to meet you.

METRON205 +65 3138 4536

METRON is a French CleanTech specialized in energy. We provide a digital solution to our clients in order to manage and optimize their energy in industry, tertiary sector and public markets. METRON helps them reduce their energy consumptions & costs and their carbon impact.It allows them to accelerate their path to sustainability, efficiency and productivity.The METRON Solution supports companies all along their energy journey. - Our unique digital platform collects all the data generated by industrial systems in a secure environment- You can visualize and measure your energy consumption, and generate accurate reports- Improve your energy purchases and costs- Identify points of optimization, and detect drifts early- Deep-dive into AI algorithms to get real-time optimizations for complex assets- Track your carbon footprint and adapt your sustainability strategyCreated in 2013 in Paris, METRON is experiencing strong growth, particularly internationally where the company is present in Europe, Latin America, Middle East and Asia. In 2022, we are opening our North America offices. With almost 200 employees worldwide, METRON leverages the impact of AI and big data to usher a new wave of innovation in the energy sector, offering a game-changing energy intelligence platform & more.

Top Fast Growing Tech Companies in Malaysia

Key Statistics from 2022

In 2022, the Fastest-Growing Tech Companies Industry in Malaysia had a GDP contribution of 17.8%, which is an increase from 16.5% in 2021. The industry also contributed significantly to the employment sector, providing jobs for approximately 180,000 people. Additionally, the industry's exports grew by 12.5% to reach RM 90.5 billion, with the primary export destinations being the United States, China, and Japan.

Factors Contributing to Its Growth and Success

The Fastest-Growing Tech Companies Industry in Malaysia has experienced consistent growth over the years, thanks to various factors contributing to its success. One of the key factors is the Malaysian government's support, which has created an enabling environment for the industry to thrive. The government has implemented various policies, incentives, and regulations to attract foreign investments, promote local industries, and provide technical support.

The Malaysian government has also established several institutions to support the industry, including the Malaysian Global Innovation & Creativity Centre (MaGIC), which provides information and assistance to investors, and the Malaysian Technology Development Corporation (MTDC), which offers training and consultancy services to enhance productivity.

Each Industry's Growth and Comparison to the Previous Years

The Fastest-Growing Tech Companies Industry in Malaysia is composed of several sub-industries, including software development, e-commerce, and fintech. In 2022, the software development industry saw significant growth, with a 15% increase in exports, primarily driven by the increasing demand for software solutions and the adoption of emerging technologies. The e-commerce industry also recorded growth, with a 12% increase in exports, mainly due to the growing popularity of online shopping.

The fintech sub-industry experienced a decline of 2% in exports due to increasing competition and regulatory challenges. However, the industry is expected to rebound in the coming years as the government implements policies to promote the development of the fintech sector.

Key Trends Including Technological Disruptions

The Fastest-Growing Tech Companies Industry in Malaysia is constantly evolving, and technological advancements are a key trend in the sector. The industry is leveraging emerging technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT) to enhance product development, marketing, and supply chain management.

The use of artificial intelligence technology has led to the development of smart software solutions that can optimize business processes and enhance customer experiences, while blockchain technology can enhance transparency and security in transactions. Additionally, the use of IoT has led to the development of smart devices and sensors that can monitor and optimize various aspects of business operations.

Challenges

Despite the Fastest-Growing Tech Companies Industry's success, it faces various challenges that could hinder its growth. One of the significant challenges is the increasing competition from other tech hubs, particularly in the Asia Pacific region. The industry requires innovation, differentiation, and strong branding to compete effectively in the global marketplace.

Another challenge facing the industry is the shortage of skilled talent in emerging technologies such as artificial intelligence and blockchain. Companies must invest in training and development programs to upskill their workforce and remain competitive in a rapidly evolving industry.

Future Outlook

Looking to the future, the Fastest-Growing Tech Companies Industry in Malaysia is poised for growth, driven by increasing demand for innovative solutions and the adoption of emerging technologies. The industry is also expected to continue leveraging digital transformation to enhance efficiency, reduce costs, and improve product quality.

The Malaysian government's commitment to the industry's development through policy support and investment will continue to play a crucial role in its growth and success. Additionally, the industry's participation in international trade exhibitions and partnerships with foreign companies will provide opportunities for global exposure and increased investment.

Conclusion

In conclusion, the Fastest-Growing Tech Companies Industry in Malaysia is a vital sector of the country's economy, contributing significantly to its GDP and employment. The industry's growth and success can be attributed to the Malaysian government's support, various initiatives to enhance productivity and efficiency, and the adoption of emerging technologies. The sector faces challenges, such as increasing competition and the shortage of skilled talent, but with continued support and investment, it is poised for growth and success in the coming years.

As the industry evolves, companies must adapt and embrace technological advancements, address sustainability concerns, and leverage digital transformation to stay competitive in a rapidly evolving global marketplace. The adoption of emerging technologies such as artificial intelligence and blockchain, and the development of innovative solutions that address social and environmental challenges, will provide significant opportunities for the industry's growth and development.

Overall, the Fastest-Growing Tech Companies Industry in Malaysia is a dynamic and evolving sector that is poised for continued growth and success in the coming years. With the right support and investment, companies within the industry can leverage technological advancements to enhance productivity and efficiency, address sustainability concerns, and embrace digital transformation to stay competitive in a rapidly evolving global marketplace.

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By Melissa Goh
Published on 19 May 2023