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Malaysia R&D centre and leading tech company partner to provide IoT and AI to SMEs

According to a recent report, a research and development centre in Kuala Lumpur, Malaysia and an American multinational technology company which develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services announced that they will be working together to provide an Internet of Things (IoT) platform and artificial intelligence (AI) to local companies especially small and medium enterprises (SMEs).

The chief technology officer of the R&D centre stated that a laboratory will be built using the technology from the Malaysian branch of the American multinational company while the R&D centre will be developing a suitable solution.

He added that the centre wants SMEs to adopt the latest technologies in the face of Industry Revolution 4.0 (IR4.0) and one of the key elements is AI. Companies who want to conduct research and technology development could not do so as the cost is quite high and moreover, there are not many capable AI technology companies in Malaysia.

Hence, the R&D centre noted that it will develop the infrastructure using the technology from the multinational tech company to enable SMEs and young entrepreneurs to adopt AI in their business.

It was noted that the centre has expertise in this field and wants to see more technology and innovation used within the local industry, according to the CTO of the centre who made a statement at the signing of a Memorandum of Understanding (MoU) between the two companies in Kuala Lumpur recently.

The signing was witnessed by the Minister of the Ministry of International Trade and Industry (MITI) and was witnessed by the managing director of the Malaysian branch of the multinational technology company.

Commenting on the partnership, the Minister of MITI said that AI is one of the key elements that must be adopted in the country’s ecosystem under the IR4.0 initiative. He added that Artificial Intelligence has a high value in business and able to contribute an estimated US$3.9 trillion by 2022.

Further, the minister said that the country’s business structure should also change in order to adapt to the changing technology globally.

Many companies have taken gradual steps in switching from conventional to digital and bringing the country on the right track against IR4.0 realisation.

It was noted that, currently, the move for most companies including government agencies has been directed to IR4.0. Thus, MITI sees that this is a good thing but it is necessary to expand and establish more strategic cooperation to assist all corporations.

The minister added that collaboration with international companies is also highly encouraged as it is being done by MIMOS along with the multinational tech company. It opens opportunities and platforms to SMEs in facing IR4.0.

Another report noted that the partnership between the two companies signifies the establishment of the multinational tech company’s Artificial Intelligence (AI) and Internet Of Things (IoT) Schools in Malaysia.

First launched in 2016, “A Cloud for Global Good” is a policy book developed by the multinational company that offers recommendations for governments, industry and civil society.

The aim of the book is to ensure that the opportunities of technology are evenly shared and that challenges facing society are identified early and practical solutions applied. Over the years, the tech firm has advanced the policy framework laid down in the book, including new learnings and ideas within it. Its launch in Malaysia marks the book’s first entry into the region.

The MITI minister noted that through this collaboration, the country are one step closer to achieving one of the objectives of the policy that is to create the right ecosystem for Industry 4.0 by providing digital infrastructure and digital skills training.

In line with the nation’s goal to become one of the main destinations for the high-tech industry by 2025 under Industry4WRD policy, the partnership between two companies will see the establishment of a joint lab in the R&D centre.

PARTNER

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SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.