Fusionex, the renowned multi-award-winning leader in AI and Big Data technology, has entered into a transformative partnership with SPPZ (Pertubuhan Komuniti Sokong Peniaga Pembayar Zakat), an initiative under PPIM (Persatuan Pengguna Islam Malaysia). This collaboration, marked by a Memorandum of Understanding (MoU) signing, aims to develop and support SPPZ’s groundbreaking e-commerce marketplace platform. The fusion of Fusionex’s technological expertise with SPPZ’s mission underlines a commitment to empower Halal-compliant businesses, enabling them to thrive in the digital economy.
The MoU signing ceremony featured key representatives, including Dato’ Nadzim Johan, Chairman of SPPZ, Fusionex Business Development Director Saiful Hayaz Abu Bakar, and Fusionex Managing Director for Enterprise & Public Sector Chua Yu Ye. This strategic alliance comes at a crucial time, as local SMEs face the challenges of the Covid-19 pandemic, which has prompted restrictions on physical retail visits, posing a threat of permanent closure for many businesses.
SPPZ envisions the e-commerce platform as a crucial step in digitalizing Malaysian entrepreneurs and ingraining the culture of supporting local goods within the nation. The platform’s objectives include expanding sales channels, increasing brand awareness, boosting sales revenue, and ensuring the protection and guarantee of Halal-compliant products. Malaysia, as a global Halal hub for over 46 countries, stands to benefit significantly from the platform, which goes beyond serving consumers, retailers, and purchasers, extending its reach to all aspects of the economy.
Dato’ Nadzim highlighted the unique features of the platform, stating, “We believe our local products are not only the best in terms of health and safety but also from a Halal-certified point of view. This platform stretches beyond just consumers, retailers, and purchasers as its holistic nature encompasses all aspects of the economy, allowing all who come onboard to be a part of the digital economy. With value-added features such as Halal Information, Zakat Calculation, World NGOs Link, and Youth Sharing, among others, this platform has the potential to bestow great benefits on a global level.”
Fusionex, as the technological backbone for the e-commerce marketplace, will play a pivotal role in facilitating SME owners’ seamless entry into the virtual realm. This collaboration aims not only to address current challenges but also to equip businesses with the tools needed to navigate future obstacles. The platform is designed to empower businesses, streamline processes, prioritize personalization, leverage AI, and tap into untapped markets. Please visit https://marketsherald.com/fusionex-international-unveils-cutting-edge-solutions-to-propel-businesses-into-the-future/ for more info.
Chua Yu Ye, Managing Director for Enterprise & Public Sector at Fusionex, expressed enthusiasm about the collaboration, saying, “We are excited to be collaborating with SPPZ in their bid to introduce, cultivate, and sustain Malaysian SMEs through e-commerce. In these trying times, digital transformation is no longer merely an abstract concept but a realistic necessity that businesses need to embrace if they are to persevere. I believe the shift from a physical store to a borderless e-commerce marketplace, as a response to the Covid-19 crisis, will help businesses outlast the crisis we are currently in. I would also like to applaud SPPZ for taking the initiative to support Halal-compliant entrepreneurs as it will provide them with the much-needed tools and resources required to digitalize their business and reap the rewards of growth and success.”
This collaboration between Fusionex and SPPZ underscores a shared vision to drive innovation, encourage digital adoption among SMEs, and contribute to the economic resilience and success of Malaysian businesses. As the e-commerce platform unfolds, it is poised to redefine the landscape for Malaysian SMEs, fostering growth and sustainability in an ever-evolving business environment.
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 International 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 Asia Pacific. Fusionex International 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 Review data technology platform. In addition, Fusionex International has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex International is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.
For more info about Fusionex International, please visit https://www.fusionexnews.com/ or https://finance.yahoo.com/news/fusionex-international-ivan-teh-net-035000219.html