|
| Friday, 7 August 2015, 14:00 HKT/SGT | |
| |  | |
Source: MSTB | |
|
|
|
|
| MSTB confident Malaysia can achieve its target to capture 5% of global software testing revenue by 2020 |
KUALA LUMPUR, Aug 7, 2015 - (ACN Newswire) - The Malaysian Software Testing Board (MSTB), an industry-driven national body for software quality assurance and promotion of software testing as a profession, believes that the Asia region can do more to tap the lucrative software testing services market.
Citing the Technavio Insights market report 2014, the Global Software Testing Services market is expected to reach US$50.68 billion in 2015, rising to US$70.98 billion by 2018, reflecting a Compounded Annual Growth Rate of 11.15%.
Pn. Mastura Abu Samah, President of MSTB, said software testing services is big business and countries in Asia should attempt to capitalise on the opportunities presented by this fast-growing industry.
Asia Pacific accounted for 22.90 percent market share in 2013 but the region is expected to hold majority share of the market in the near future, based on the increasing outsourcing environment and demand from large organisations. Malaysia as well as India, China and Vietnam have been identified as rapidly emerging as the most favoured outsourcing destinations for global companies.
"The upcoming SOFTEC Asia 2015 conference is a good platform for local and regional players to network and seek business partnership opportunities in this dynamic industry," Mastura said.
Returning for the eighth consecutive year, SOFTEC Asia 2015 will be held from 8 to 10 September 2015 at Mandarin Oriental Hotel in Kuala Lumpur.
On the local front, the Malaysian Government has also identified software testing as a new source of economic growth in the recently-released 11th Malaysia plan. Via the Malaysian Software Testing Hub (MSTH) initiative, the Government has targeted to capture 5% of the global software testing services revenue by 2020.
According to the IDC Analysis - EPU Software Testing Roadmap Study 2013, the global software testing market, which stood at US$42 billion in 2012, has the potential to grow up to US$94 billion by 2020. The market presents real opportunity for Malaysia to carve out a niche within the market.
"The report suggested that with the right kind of investment and intervention programmes, Malaysia could rake in revenues of up to US$4.7 billion by 2020," said Pn Mastura.
The IDC Analysis - EPU Software Testing Roadmap Study 2013 was commissioned by the Economic Planning Unit (EPU) and jointly undertaken by International Data Corporation and MSC Management Services Sdn Bhd (MSCMS).
Having a theme of Spearheading Business of Testing, SOFTEC Asia 2015 will feature over 20 speakers from the international software testing fraternity. Collectively, they will helm more than 40 sessions comprising Tutorials/workshops, Keynote addresses, Concurrent presentations and Panel discussions.
Keynote speakers will include Professor Ken Sakamura, inventor of the TRON real-time operating systems; Dr. Gualtiero Bazzana, President of the International Software Testing Qualifications Board; Dr. Mark Kiemele, President and Co-founder of the Air Academy Associates; and Dorothy Graham, world's leading expert on test automation.
Since its introduction in 2008, SOFTEC has grown to become the premier English-medium software testing event the region. Through SOFTEC, MSTB has been able to bring global thought-leaders, experts experience practitioners in relevant fields under one roof for the benefits of Malaysian SQA professionals and other delegates. Collectively, these speakers have decades of acquired, knowledge and skills that will be beneficial for delegates.
For more information and online registration, visit www.qportal.com.my.
About MSTB
The Malaysian Software Testing Board (MSTB) is an industry-driven national body which represents the industry's interests in software quality assurance and promotion of software testing as a profession. As an entity, MSTB is established as a Company Limited by Guarantee (CLG) under the Malaysian Law.
MSTB is a member of the International Software Testing Qualifications Board (ISTQB) and an exclusive partner of the International Requirements Engineering Board (IREB) in Malaysia. As a member of the ISTQB, MSTB provides the leadership and administers ISTQB accreditation process and certification in Malaysia. Similarly, the Board exclusively administers IREB certification scheme in Malaysia.
MSTB is also a member of the Asian Software Quality Network (ASQN), an industry-led informal grouping led by Japan with a common objective of promotion software quality practices across the region. More information available at www.mstb.org.
This news release is issued on behalf of Malaysian Software Testing Board by Acendus Communications.
Please contact:
Michael Poh
Phone: +6012 395 5202
Email: michael.poh@acendus.com.my
Reshvinder Kaur
Phone: +6017 275 7985
Email: resh.kaur@acendus.com.my
Topic: Trade Show or Conference
Source: MSTB
Sectors: Trade Shows, Design Process
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
|
