Serba Dinamik Annual Report 2021

Section 5 | Management Discussion & Analysis 148 FINANCIAL PERFORMANCE During the government-imposed Movement Control Order, markets are looking into online solutions as an alternative. Established brand name to build a vibrant and sustainable market locally and internationally. The strategy that we aimed to improve themarket accessibility and efficiency for this segment by integrating our expertise on ICT to make our markets more vibrant and resilient. Taking advantage of digital channels, we will reach out to a wider global audience than our physical class had in the past. Moreover, it is cashless and contactless features which suit customer’s expectation during this pandemic. Acquisition of SD Edu (which is known as UNIMY) will enable the Group to widen its E&T business segment both locally and globally and developing future skilled based leaders for the Group. In addition, it is moving towards industry relevant R&D and human resources training to support the Group’s core business. Challenges Our Respond Future Outlook With the acquisition of SD Edu, it will help to elevate revenue contribution from E&T segment more in the future. This acquisition will enable the Group to widen its E&T business segment both locally and globally by leveraging on SD Edu’s education portfolio that focuses on amongst others, cloud computing, artificial intelligence (AI) & big data, cyber security, Internet of Things (IoT), coding as well as business technology. On top of this, SD Edu will also help to develop future skilled based leaders particularly to grow its own workforce, by developing their capabilities, competencies and readiness to serve in the era of IR 4.0. This is a vital to the success of the Group moving forward which will also provide tremendous edge in research and development for the Group to ensure readiness to serve fast pace changes in ICT industry. SD Edu will also be the research and development for the Group to explore future ICT requirements.