AwanBiru Technology Berhad - Annual Report 2021

Awantec plays an integral role in achieving digitalisation milestones by aligning its core business services with the pillars of MyDIGITAL to propel growth, in digitalising services for the government, corporate and individuals. Anticipated and Known Risks Awantec undertakes comprehensive risks assessment and audits thoroughly to identify all factors that might affect the Group, then prioritising those that could impact us most significantly. In doing this, we analyse the likelihood and the impact of such risks on the Group’s business and performance. We then derive plans or strategies to mitigate or eliminate such risks. Below are some critical risks that may impact the strategic execution of Awantec’s growth trajectory: a) The speed in adoption of cloud solutions by our clients depends on the macro-economic environment we operate in. b) The need to reskill, upskill and retain talent to meet the demands of the Group’s focus on multi-cloud management services and products. To remain competitive, Awantec will reinforce its positioning as a market leader in the digital economy. This will be supported by continuous investments in training and development of staff, innovations to fit customers’ requirements and application of technology for product and services improvements. Details of Awantec’s activities on risks management is found in our Statement On Risk Management And Internal Control (“ SORMIC ”) Risk Recommendations on page 115 of our Annual Report. Management Discussion & Analysis Drive digital transformation in the public sector Aspiration 1 To ensure all public servants are equipped with digital skill sets, future-proofed and remain relevant. Aspiration 2 To identify gaps between readily available skills and future needs , on the national agenda level to ensure resiliency and long-term relevance. Aspiration 3 To identify values, interests and personal preferences of each public servants , to drive effectiveness and performance level. Aspiration 4 To enable public servants to take charge of their own career and development paths , according to their individual passions. Aspiration 1 To provide adequate tools for educators and students, in underpinning their talent transformation into “Digital Makers”. Aspiration 2 To ensure all students have access to internet connection (via collaboration with service providers). Aspiration 3 To catalyse enlargement and upscale of DELIMa on the aspects of content and reach. Aspiration 4 To ensure all students have access to devices to narrow the digital divide between haves and haves-not. Aspiration 5 To ensure successful transformations of the existing education, in line with MyDigital Teacher Programme , via comprehensive training and continuous learning roadmap. Aspiration 6 Encourage the development of a rich Digital Education Ecosystem towards a large open access knowledge bank of teaching materials for education. Boost economic competitiveness through digitalisation Build agile and competent digital talent Build enabling digital infrastructure Create an inclusive digital society Build trusted, secure and ethical digital environment In Line with Strategy 3: Enhancing digital skill sets of civil servants In Line with Strategy 1: Integrating digital skills into education at primary and secondary level T1 T2 T3 T4 T5 T6 Key Thrusts and Strategies of MyDIGITAL Blueprint Awantec | Key Messages 22 Annual Report 2021