KUALA LUMPUR: Time dotCom Bhd (TIME) is banking on its cloud division to be a strategic growth engine given the accelerated pace of digitisation as a result of the Covid-19 pandemic, coupled with more organisations' emphasis on remote work cultures in the new norm.
Executive vice president (enterprise division) Kit Au said interest in the company's cloud solutions has been growing due to new work trends involving remote workforce operations.
He attribute the rising interest in TIME's cloud solutions to data sovereignty priorities among local companies.
"Our cloud solutions are deployed over TIME's very own fibre and is hosted in two globally recognised data centres strategically located within Malaysia.
"These various zones provide our customer base with optimal connectivity and lower latency, assures customers of business continuity, and fulfils industry standards," said Kit in a statement today.
"This is a compelling value proposition as it assures customers that their data resides in Malaysia, and not on foreign soil where data could be subjected to other countries' laws and regulations, thus preventing issues with data sovereignty from cropping up," he added.
Kit also explained that TIME has built one of the most comprehensive ecosystems locally to fast track customers to a multi-cloud environment for greater operational efficiencies while promoting innovative practices.
"In addition to TIME's own multi-cloud value proposition, we have also built 'internet expressways' to major hyper-scalers," said Kit, adding that TIME is also collaborating with global cloud providers to provide end-to-end multi-cloud solutions for customers' benefit.
Built on carrier grade infrastructure, TIME'S cloud computing platform offers public, private or hybrid cloud deployment, enabling customers to scale as their business grows, and not restricted to a 'data ceiling' as with traditional physical IT infrastructures.
"Furthermore, TIME's ownership of physical internet connectivity assures predictable total cost of ownership, with no surprise charges that are normally incurred due to management and delivery of data," said Kit.
TIME has been expanding its cloud division, most notably earlier this year when the company acquired a 60 per cent equity interest in local cloud service provider AVM Cloud Sdn Bhd (AVM).
AVM was the first VMware authorised consultant and premium partner in Malaysia and also among the very first VMware verified cloud partners in the country.
A subsidiary of Dell Technologies, VMware solutions are world renowned for better provisioning of applications and resources involving hybrid cloud infrastructures, simplified data centre management and increased efficiency and agility of data centre systems.
AVM chief executive officer David Chan said the company can also now further their market reach through TIME's existing regional presence, while cross-selling and up-selling various other TIME products and solutions due to strong synergies.
"The pandemic has accelerated digital transformation among businesses as they race to build resilience, agility, and new revenue streams," said David, adding that the company's cloud solutions offer enterprise grade security data protection.
"Our company is also aiming high of transitioning entire industries to more productive ways of doing business."
AVM had implemented the largest virtual storage area network (VSAN) in Malaysia in year 2014, and was also instrumental in transitioning various major Malaysian banks to cloud computing through its 'cloud-in-a-box' service.
Its extensive product suite ranges from private cloud offerings to system integration services via its subsidiary Integrated Global Solutions Sdn Bhd (IGS).