Setting its sights to truly be a DigitalCo, Datastream Digital Sdn Bhd (DST) is embarking on a new journey of developing a telco, fintech and e-Commerce digital platform and platforms that can support Brunei Digital Economy objectives following the signing of a Joint Intellectual Property Development and Commercialisation of a Digital Platform with Multisys Technologies Corporation (Multisys), a Philippine-based software solutions delivery centre and a subsidiary of PLDT.
The signing took place at the Conference Room of The Empire Brunei yesterday.
This year marks the third anniversary of the Brunei telecommunications industry transformation that paved the way for the new DST. The company marked a significant milestone to pivot from a telco to be DigitalCo.
DST CEO Radin Sufri bin Radin Basiuni was joined by Multisys CEO Victor Aliwalas in the signing.
Brunei Investment Agency Acting Managing Director Haji Sofian bin Haji Mohammad Jani in his capacity as DST Chairman witnessed the signing. Philippines Ambassador to Brunei Darussalam Marian Jocelyn R Tirol-Ignacio also attended.
Radin Sufri said, “Co-owning Intellectual Property (IP) is the fundamental for a DigitalCo innovation strategy. The core of our vision is also believing in our own teams, DST geared to increasing its development team and also undertook reskilling and upskilling exercises to its disciplines to realise its digital aspirations. Some 15 local DST developers will be involved in the collaboration with Multisys in-house development team. DST further continues to harness and develop further the Bruneian innovation culture through its own DST InnoLab and Brunei Innovation Lab.”
Meanwhile, Aliwalas said, “There’s much to look forward to in our journey with DST. I can’t wait to witness our vision come to fruition as we pave a mutually-beneficial path to provide better public service and elevate digital transformation, not just in Brunei or the Philippines, but also in the entire region.”
Digital transformation is a complex feat, but the ability to take its transformation phase further, as well as its co-owned IP, will cement DST’s goal to be a truly DigitalCo. The next phase of transformation will focus on continuing a digital-first product development, with careful consideration of digital customer experience. On the backend, the focus will be driven by a faster time to market and scalability, on the parameters of agility, efficiency and lower costs.
The first IP that will be developed through this collaboration is expected to be rolled out by the fourth quarter of the year. The partnership is also significant as the platforms developed will be jointly marketed as a Platform as a Service offering beyond Brunei.