SPEED Achieves Three Industry Awards for Digital Procurement Solutions

On April 6, 2026, in Kuala Lumpur, Malaysia, SPEED (Sistem Perolehan Elektronik Dinamik), a platform developed and managed by CDC International Sdn Bhd (CDCi), was honored with three prestigious industry awards for its contributions to digital procurement and enterprise software. The accolades were presented during the Malaysia National Business Awards 2026 and the Malaysia Technology Excellence Awards 2026, both organized by Asian Business Review. SPEED received the Excellence Award for Computer Software, the Initiative Award for Digital Transformation Consulting, and recognition in the category of Enterprise Software for Government Organizations. These awards highlight the platform's significant impact on modernizing procurement processes within various sectors. SPEED plays a crucial role in assisting government and institutional organizations in transitioning to more structured and transparent digital procurement systems. This aligns with the MADANI agenda, which emphasizes principles such as integrity, accountability, and good governance. The platform's adoption by notable organizations, including FAMA, RISDA, MARA, and PERKESO, further illustrates its relevance and effectiveness in the public sector. The digital procurement ecosystem of SPEED encompasses several components, including SPEED Procurement, SPEED eWorks, and integrated Supplier Management capabilities. It is designed to facilitate end-to-end procurement processes within a structured and auditable framework, addressing challenges such as fragmented systems and limited visibility in supplier engagement. By centralizing procurement activities, SPEED enhances oversight, supports audit readiness, and improves overall process efficiency. Moreover, the platform promotes broader supplier participation through a structured onboarding process, contributing to a more equitable and transparent procurement environment. The Chief Executive Officer of CDC International, Putri Nurul Ida Yahya, remarked on the significance of digital procurement in enhancing governance across organizations, emphasizing the need for clarity, discipline, and accountability in procurement management. Looking ahead, CDCi aims to further develop the SPEED platform to accommodate a wider array of institutional procurement needs, marking a continued commitment to advancing digital procurement solutions in both institutional and public sector contexts.

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