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Malaysian Investment Development Authority signs MoU to digitalise Malaysia’s Food & Beverage industry

Malaysian Investment Development Authority signs MoU to digitalise Malaysia’s Food & Beverage industry

As Malaysia strives to become a leading
Food & Beverage (F&B) exporter, it turns to the power of digitalisation
or smart manufacturing to achieve desired outcomes. Through Foreign Direct
Investments (FDIs), Malaysia aims to attract established brands and with the
provision of right support for local companies in meeting global standards.

Foreign companies that are seeking to set
up their export hubs in Malaysia will be drawn to an ecosystem which has the
right infrastructure in place, and where production cost can be reduced while
productivity increased.

According to the announcement
made by the Malaysian
Investment Development Authority
(MIDA), MIDA signed a Memorandum of
Understanding (MoU) with Siemens Malaysia in order to integrate digitalisation
into Malaysia’s F&B industry.

The MoU signifies the collaboration between
both parties in improving the capacity and competitiveness of the industry
through the adoption of digitalisation and technology.

The signing was attended by MIDA’s Deputy
CEO, Mr Arham Abdul Rahman, who represented MIDA CEO Dato’ Azman Mahmud, and
Siemens Malaysia President & CEO Mr Indranil Lahiri, which happened during
the first ever “Recipe for the Future 2018” F&B event at the headquarters
of MIDA, in Kuala Lumpur.

The event was held for an audience of 250
participants and customers comprised of industry players and F&B
manufacturers to gain insights and find opportune possibilities on the
solutions and services that could be catered to their specific needs and
requirements.

Defined standards for manufacturing
operations of the future are compounded by some of the biggest challenges
facing the F&B sector, such as a fragmented manufacturing environment and
aging infrastructure that inhibit productivity.

The implementation of high-tech automation
is seen as the answer to enabling maximum plant-wide interoperability. This
would encompass concepts like an intuitive, uniform interface, a single
engineering platform for all tasks, integrated and real-time system diagnostics
as well as integrated, built-in safety that guarantees customers with better
machine uptime.

The Plant Wide Automation (PWA) concept for
Siemens will help address significant improvements in speed, flexibility and
efficiency, which will reduce time-to-market with shorter innovation cycles to
beat volatile markets, generating individualised mass production with greater
transparency, as well as keeping energy and resource efficiency to the optimum
with higher productivity.

During the half-day F&B event, Mr
Indranil Lahiri explained that digitalisation will aid manufacturers in meeting
the global benchmark for productivity and consistency. He highlighted that this
partnership with MIDA will facilitate the support system required for the
adoption of digital technologies and reach out to the larger base of MIDA
customers.

Aside from the MoU signing, activities
during the event included speakers from MIDA and Siemens who shared on topics
like the Future of Manufacturing in F&B, and Government Facilitation with
Funds and Incentives.

There was also a marketplace showcase
featuring various solutions by customers, a simulation demo kit on Industry
4.0, and individual business consultation sessions.

Dato’ Azman, whose speech was delivered by
Mr Arham, emphasised that the F&B industry has developed significantly over
the years in Malaysia, with new technology and innovations in tandem with
global economic growth.

He added that in order to seize growing
opportunities, MIDA encourages more companies to work with technology solution
providers such as Siemens and invest in technology, upskilling of talents and
R&D activities to create new growth opportunities and maintain their
competitiveness.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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.

PARTNER

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. 

PARTNER

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.

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