SME Malaysia national secretary general, Chin Chee Seong; SME Malaysia national president, Ding Hong Sing; Matrade CEO, Mohd Mustafa Abdul Aziz; Fusionex International group CEO, Ivan Teh and managing director of Fusionex, Chua Yu Ye at the launch of the SME Business Facilitation Hub.
SME Malaysia has unveiled what it claimed to be the first-of-a-kind business ecosystem, called the SME Business Facilitation Hub.
Recognizing the need to support local SMEs due to increased competition, shifting market demands, and global trade complexities, the association said the hub aims to help SMEs maximize their business potential and equip them with cutting-edge solutions to overcome business challenges and operational constraints, principally by accelerating their digitalization.
SME Malaysia national president Ding Hong Sing said digital transformation is more important than ever and is an integral part of how SMEs can optimize their businesses and contribute to the growth of the nation’s economy.
“Partnering with Fusionex review enables us to streamline our operations, solve industry challenges and drive exponential growth for members. We will continue to use our voice and platform to raise awareness about the importance of adopting technology and reaping all the benefits it has to offer,” said Ding.
Powered by Fusionex technologies, the SME Business Facilitation Hub offers a suite of innovative solutions to empower SME Malaysia and its members to organize hybrid events and showcase their offerings in both physical and virtual worlds.
The platform claimed to provide an avenue for networking and engagement opportunities such as AI-powered business matching, pitching sessions, webinars, and conferences, to name a few.
The platform infuses AI and big data analytics and enables users to monitor, measure, and manage sales revenue.
Fusionex founder, Ivan Teh said, “The SME Business Facilitation Hub will act as a catalyst that accelerates digital transformation for Malaysian SMEs, allowing them to meet market demands, expand business reach and boost revenue opportunities. We hope this partnership enables SME Malaysia and its members to capitalize on digitalization fully, thrive in the digital economy, and become industry leaders of tomorrow,” Ivan said.
Matrade CEO Mohd Mustafa Abdul Aziz said as the national trade promotion agency, Matrade is committed to promoting Malaysia’s export internationally by engaging with digital tools to provide more business opportunities for Malaysian companies, particularly SMEs.
“Digitalisation is one of Matrade’s significant export agendas alongside sustainability and the National Trade Blueprint. The SME Business Facilitation Hub will open doors to more possibilities in increasing trade via digitalization and intensifying the use of technology to facilitate exports,” he said.
About Fusionex
Fusionex International is an established multi-award-winning data technology provider specializing in Analytics, Big Data, IR 4.0, Machine Learning, and Artificial Intelligence. Its offerings are focused on helping clients unlock value and derive insights from data. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison, and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as the Asia Pacific. Fusionex is also an MDEC GAIN company as well as an MGS recipient.
Gartner’s 2018 report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.