Fusionex hoping to revolutionise palm oil industry in Malaysia

As component of a growing commitment to revolutionise Malaysia’s Hand Oil industry via modern technology, Fusionex, a well-known multi-award-winning intelligent modern technology provider, today launched a ‘Smart Milling Workshop through IR 4.0′ with the Malaysian Oil Scientists’ as well as Technologists’ Organization (MOSTA) called’ The Future of Palm Oil Industry– Reinventing Mill Procedures and also Widening Markets’, to a full auditorium of mill proprietors, technologists as well as industry gamers.

‘ The Smart Milling Workshop through IR 4.0’, which places relevance on boosting the hand oil sector with reducing edge, transformative innovation, is one of the campaigns Fusionex is organising. This is where Industry Transformation 4.0 (IR 4.0) innovations are brought to the center of Malaysia’s hand oil market to work as a catalyst for improving the performance of market players via technology and also continual intelligence.
The workshop gave a platform for local business owner, operations personnel as well as technologists to exchange ideas as well as share experiences concerning new research study as well as innovative palm oil modern technology. Fusionex likewise took to the phase to share powerful case studies as well as appropriate methods that have actually helped the sector better its standards until now. The session also provided a chance for deliberation of concerns, obstacles and some of the most up to date advancements in the hand oil sector.
The event’s style showed future trends that require to be taken on by the hand oil sector to get rid of existing and emerging challenges, specifically in the areas of technology deployment in plantations, clever mills, sustainability and valuable products. Fusionex’s innovation elevates the bar for finest techniques in haciendas, as well as the milling and also processing of palm oil.
Participants at this event had the opportunity to listen to Fusionex topic professionals talk on exactly how advanced modern technologies such as Sector 4.0 (IR 4.0), the Web of Things, Expert System (AI), Artificial Intelligence as well as Big Data Analytics can immensely enhance their company processes, optimize yield, boost overall top quality, along with rise efficiency as well as earnings.
The Preacher of Primary Industries YB Puan Teresa Kok Suh Sim, who participated in the event as well as launched the ‘Smart Palm Oil Mill Immersion Program’, congratulated Fusionex and MOSTA for their commitment to change Malaysia’s palm oil industry with advanced and also results-oriented innovation. The ‘Smart Palm Oil Mill Immersion Program
me’ is an evaluation program worth RM10,000 and provided to the first 20 occasion guests who registered, to kick-start their digital change trip with Fusionex.

YB Puan Teresa Kok Suh Sim also stressed that, “Smart Milling will help palm oil mills modernise their procedures and also enhance their productivity. Such a cooperation between Fusionex and MOSTA, especially though today’s workshop, is a crucial action in uplifting the Malaysian hand oil market for the future”, she added.
Fusionex Owner & Team Chief Executive Officer Dato’ Seri Ivan Teh said, “The ‘Smart Milling Workshop via IR 4.0’ intends to motivate partnership among market players. It attends to some of the essential problems and also difficulties in the palm oil industry. Fusionex is committed to collaborating with companions such as MOSTA, to develop even more awareness as well as give much required innovation for the market.”

” By leveraging on AI as well as IR 4.0 modern technology we have at hand and also creating even more, we can prove traceability of the oils as well as rebut insurance claims such as several of these resources are coming from deforested locations or of poor stock. Data collected allows for evidence-based disputes when taking on unwarranted allegations as well as additionally help showcase regarding the quality of the hand oil generated,” he added.

Tan Sri Datuk Dr Augustine Ong, Head Of State of MOSTA, who existed at the’ Smart Milling Workshop using IR 4.0′ specified, “This occasion with Fusionex brings together crucial stakeholders in the hand oil industry to team up and also resolve sustainability problems. We are pleased to have Fusionex as a solid as well as supportive companion that is willing to come forth as well as share its experience with our participant companies. I am sure the target market today acquired a lot of understandings that will certainly be useful for their companies.” More info: http://www.focusmalaysia.my/Snippets/fusionex-revolutionise-palm-oil-industry

Fusionex Powers up Digital Free Trade Zone (DFTZ) Platform

Fusionex CEO

Fusionex CEO

KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–Fusionex is leading a consortium to provide the e-services platform, powered by Big Data technologies, for the world’s first Digital Free Trade Zone (DFTZ) – a ground-breaking initiative jointly launched between the Malaysian Government and e-commerce marketplace titan, Alibaba.

With DFTZ being the brainchild of the Malaysian government, key drivers and stakeholders include the Ministry of Finance (MOF), Malaysia Digital Economy Corporation (MDEC), Ministry of International Trade and Industry (MITI), the Ministry of Transport (MOT), Royal Malaysia Customs Department, Malaysia Airports Holdings Berhad, POS Malaysia, the Malaysia External Trade Development Corporation (MATRADE), SME Corp, etc.

The DFTZ e-Services Platform is a trade facilitation platform that is integrated with other business service platforms and government service platforms, to facilitate a paperless, end-to-end and accurate data capture, data storage, data exchange and data analytics process, in respect of the high growth in internet trade activities.

The DFTZ will facilitate small and medium enterprises (SMEs) and merchants to capitalize on the internet community as well as the e-marketplace via a huge borderless addressable market. At the same time, these cost benefits and efficiencies inadvertently trickle down to consumers who would stand to enjoy faster, efficient and more cost-effective products and fulfillment.

At the DFTZ launch, Malaysian Prime Minister Dato’ Sri Najib Tun Razak declared, “We want to be the leader in the region for global trade. We want this to be the regional hub. We want SMEs to really grow by leaps and bounds and that can happen because of DFTZ. Digital Malaysia is the fastest growing sector in our economy. It is a sector that will enjoy double digit growth, and the sky is the limit! This (the DFTZ) is the part that will provide the growth, the potential, the impetus, the catalyst for us to change, redefine regional and global trade, redefine the role of SMEs, and redefine the partnership of Malaysia and China.”

The aim of the fusionex CEO is to capitalize on the convergence and exponential growth of the internet economy and cross-border e-commerce activities, by facilitating cross-border trade and enabling businesses to import and export goods with a priority for e-commerce.

To achieve this goal, the DFTZ will help businesses including SMEs expedite the transportation of goods regionally. For Phase 1, the DFTZ will set aside a section of the Kuala Lumpur International Airport (KLIA) Aeropolis for storage space and logistics facilities. This will then expand to other sites in subsequent phases.

During his keynote speech at the DFTZ launch, Alibaba Group Chairman and Founder Jack Ma commented, “I am impressed with Malaysia’s vision and speed. DFTZ and eWTP would help small businesses and individual eCommerce players benefit from global trade. Today we are witnessing that in Asia, small businesses can use digital ways to enable themselves to sell things, to buy things, to bridge moneys all across the world. Alibaba commits that we will make this thing – the first DFTZ, the first eWTP – very successful! This is not only an opportunity for Malaysia small businesses. This hub is a hope and opportunity for Asia’s young people and small businesses. It is the opportunity for Asia.”

Giving businesses access to the international market will result in a growing trend of orders and trades fueled by businesses not being confined to specific locations and time zones. The Prime Minister also highlighted that the DFTZ will create 60,000 new jobs and boost exports by SMEs to US$38 billion (MYR160 billion) by 2025.

The DFTZ is also expected to generate a huge amount of online transactions of orders, trade movements, payments, and more, coming in and going out of the country and region, hence the need for the platform to be powered by Big Data technologies.

Dato’ Seri Ivan Teh, Fusionex Group CEO, says: “The DFTZ is a first of its kind digital hub that brings together a multitude of key parties including trade facilitation players, e-marketplace players, government agencies, logistics providers, freight forwarders, and of course, SMEs. The state-of-the-art e-Services platform is powered by, amongst others, Big Data technologies and Machine Learning that will facilitate trade and allow transactions to take place faster, more cost effectively, more reliably and more efficiently.

This visionary initiative by the Malaysian government and Alibaba will pave the way to a seamless digital trade platform that will help remove unnecessary barriers, reduce costs and minimize or avoid unnecessary delays and encumbrances. We are delighted that Fusionex’s platform will power this initiative. At Fusionex, we believe this marks the beginning of a revolutionary way to perform trade regionally and globally, at speed and at scale.”


Higher Learning Institution Leveraging Fusionex Data Technology

Singapore, 28 June 2018 – Fusionex, a multi-award-winning data technology provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence (AI), and Deep Learning has rolled out a data analytics solution for an institute of higher learning of high repute in Asia to elevate its market intelligence by accurately determining market demand.

An institution of higher learning that has educated students for over 30 years, the client currently has a student enrollment of more than 11,000 strong and offers courses in Accounting, Communications, Computer Science, Early Childhood Education, Economics, Engineering, Hospitality and Tourism, Law, and Psychology.

Fusionex Ivan Teh

Fusionex Ivan Teh

The data management solution involves capturing information from online interactions on the client’s web portal and other domains for analysis to accurately discern student interest, course relevance, potential roadblocks against enrolment, and other such acumen.

Fusionex revamped the client’s web portal, transforming it into an intelligent data gathering platform capable of tracking user data. Specifically the web portal could measure how each user uniquely interacts with it and produces insights from this data to form a true 360-degree view of each customer. It can also determine which pages failed to capture user interest, causing them to drop off from the web portal. Such insights paint a more comprehensive and precise picture regarding the fluctuating levels of interest throughout a customer’s journey as they browse through the client’s web portal.

By leveraging on such comprehensive data collection and cognitive computing capabilities, the client could also monitor patterns of visit to their web portal via social media platforms such as Facebook as well as from online ads, giving the client a better understanding of their sales conversion rates and return on advertising investment.

Furthermore, the data management solution allows for the monitoring of popular online job portals and peer web portals, granting a holistic overview of the market; enlightening the client concerning popular jobs, courses peer web portals are offering, and the shifting tides of supply and demand in the industry. Such insights can play a vital role in cluing the client as to what strategies and plans to adopt to attract prospective students.

Fusionex will be advancing the client’s online visibility and presence via Search Engine Optimization, Machine Learning, AI, and Search Engine Marketing techniques while simultaneously running the client’s solution on Fusionex Cloud, leveraging the storage flexibility and cost savings it provides.

Fusionex Ivan Teh, Founder & Group CEO, commented: “We are delighted to deploy this robust data management solution as we look forward to it generating powerful insights for the client. This will enable the client to create relevant targeted offerings for prospective students and for students to find the most suitable courses that match with their individual talents and interests.” For more related new: https://www.nst.com.my/news/2016/06/154932/fusionex-analytics-giant-charts-record-high-customer-wins