Category: Fusionex

Fusionex Shortlisted for Its Progressive and Specialized Data Platform

Eddie Caldwell

Multi-award-winning data technology carrier Fusionex has actually been shortlisted in worldwide study as well as advising firm Gartner’s 2018 report on “Other Vendors to Take Into Consideration for Modern Analytics and BI”.

Fusionex shortlisted by Gartner for its dynamic and specific data platform

In its report, Gartner pointed out GIANT as a quick time-to-insight platform and also an end-to-end service with features ranging from data prep work and visualization to predictive and also authoritative analytics. The report went on to claim that A&BI systems like TITAN were understood for their simple collection of devices, which sustain a complete variety of analytics process as well as self-service capabilities that improves the effectiveness of an organisation’ IT department. TITAN’s Smart Inquiry function was additionally commended for allowing “customers to ask questions in all-natural language and gain instant insights.”

fusionex

Fusionex Creator and Team Ceo Ivan Teh said, “We are honored that Fusionex was discussed in Gartner’s record. Our group is dedicated to continue enhancing our offerings to better offer our fast-growing customer base.”

Fusionex is working in the direction of improving GIANT’s capabilities with a focus on advanced analytics, artificial intelligence and artificial intelligence.

Fusionex was welcomed to the Gartner Data & Analytics Top 2019 in Sydney, Australia to showcase its GIANT, Artificial Intelligence (AI), Machine Learning, and also Internet of Points (IoT) services, which includes streaming analytics. Fusionex Handling Director of New Technologies Jacob Isaac was a speaker at the event and shared how Expert system is a vital element for organizations in leading the global technology race.

Concerning Fusionex

Fusionex is a recognized multi-award winning data innovation service provider concentrating on Analytics, Big Data, the Internet of Things, Machine Learning and also Artificial Intelligence. Its offerings are focused on helping clients capture, shop, procedure, assess as well as make sense of substantial quantities of structured and unstructured information. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison as well as Huffington Post, Fusionex is the largest Big Information Analytics business and market leader in ASEAN, bringing cutting edge, ingenious and also development data-driven platforms to its stable of clientele (consisting of Fortune 500, FTSE business, large conglomerates in addition to a wide variety of small as well as average business (SMEs)) that covers throughout the United States, Europe as well as Asia Pacific. To find out more about Fusionex,

Fusionex Powers up Digital Free Trade Zone (DFTZ) Platform

Eddie Caldwell

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.

Fusionex Ivan Teh
Fusionex Ivan Teh

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 DFTZ 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.

Fusionex 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.”