TM ONE Plays Host to UK Artificial Intelligence Trade Missionby Fintech News Malaysia November 8, 2018
Telekom Malaysia Berhad, through its business solutions arm, TM ONE, recently hosted an Artificial Intelligence Trade Mission from the UK at the TM ONE Experience Centre, in collaboration with the Department for International Trade (DIT) of British High Commissioner(BHC).
9 UK-based technology companies with various expertise in Artificial Intelligence (AI), Cybersecurity, Data Analytics and Predictive Technology were part of the delegation.
The companies are looking to expand their reach to the Malaysian market by establishing collaborative engagements with Malaysian enterprises and government agencies.
By leveraging on TM’s business rapport in the Enterprise and Public Sector, the collaborations to be established would then further support and accelerate the growth of Malaysia’s digital economy.
Commenting on the trade mission, Datuk Bazlan Osman, Acting Group Chief Executive Officer, TM said,
“The digital economy needs a robust support structure and ecosystem to thrive. As businesses in Malaysia leverage on Industry 4.0 to transform and uplift the efficiency of their business operations, the success lies in integrating the myriad of technology trends that suit their requirements. These technologies include Internet of Things (IoT), Big Data Analytics (BDA), AI, Cybersecurity and Cloud Computing.
At TM, we are constantly looking at ways and opportunities to bring more innovation to our customers’ to drive their digital transformation. This can be achieved through TM’s integrated business solutions that will fulfil their business needs and boost their business growth, true to TM’s vision of “Making Life and Business Easier, for a Better Malaysia”.
The trade mission aimed to drive opportunities and explore avenues to grow businesses in Malaysia’s digital economy. It served as a platform for TM to meet, listen and collaborate with delegates from some of the most successful and fastest growing UK technology companies focusing on five (5) main verticals namely Banking, Financial Services and Insurance (BFSI), Oil & Gas, Healthcare, Education and Real Estate.
During the trade mission, the participating UK companies showcased their expertise in advanced technologies and provided better understanding of the UK current technology landscape while evaluating the multiple collaboration prospects here in Malaysia.
“In collaboration with the DIT, the trade mission undoubtedly provides valuable opportunities for us both to build relationships that will be mutually beneficial. At the same time, it hopes to create a dynamic ecosystem to drive Malaysia’s digital transformation. We are indeed very pleased with the potential of collaborative partnerships with the delegation of innovative companies and their tech
offerings,” Datuk Bazlan added.
The Trade Mission was led by Natalie Black, the recently appointed Her Majesty’s Trade Commissioner for Asia Pacific, on her first visit to Malaysia. Black, who has vast experience in the technology and cyber security sectors, said,
The UK has an impressive track record in the development and deployment of AI and our nine participating companies exemplify British expertise. Businesses worldwide, including in Malaysia and ASEAN, are demanding cutting-edge technology solutions for the modern world. We are ready to deliver.”
Her Excellency Vicki Treadell, British High Commissioner to Malaysia, said,
“Collaboration is absolutely central to the Malaysia-UK relationship and our partnership in the technology arena has gone from strength to strength in recent years. A Malaysian Tech delegation heads to the UK immediately after this Trade Mission and the UK remains committed to supporting Malaysia as it develops its digital economy.”
The bilateral trade mission between BHC and TM is set to transform the traditional method of collaboration through technologies like AI and Cybersecurity. It will enable more businesses and government agencies to embark on their journey in digitalisation with agile technology,
infrastructure and capabilities as well as to help them achieve wider market reach via multiple channels.
This engagement with 9 UK-based technology companies which offer cutting-edge technologies will also bring opportunities for TM ONE to build its capacity and capability in both AI and Analytics through technology transfer and sharing of best practices.
Companies on this mission not only recognise the economic development and industry growth in Malaysia but crucially, see vast opportunities to apply such technology – with the growth of Smart Cities, as Big Data transforms citizen/government interactions and even global cybersecurity challenges – all are areas that demand tech that pushes the boundaries of innovation.