SIGNING TRIPARTITE MOU BETWEEN MTDC, EAC & MYFINB
At 1030am this morning, the above session started to manifest the signing of MOU. In my speech, I outlined 10 potential areas that MyFinB will collaborate with MTDC. Here is the excerpt of my speech.
"MyFinB and EAC partnership with MTDC via the CEAI@Co9P, will see more than 10 AI-based projects - around half of them are in technology readiness level (TRL) 9 - that will be spun off into new Malaysian start-ups by this year.
The projects focus on the application of AI on Supply Chain, Counselling, School Dropouts, Dialysis Treatment, Financial Planning, Waqf Land Optimisation, Integrated Reporting, Cooperatives, Audit Practice Platform, Start-Up Potential, Capital Markets and SSM Business and Financial Analysis.
This initiative forms part of the CEAI's core business model of technology development, capacity building and venture building programme. With the right support and nurturing, we can create new employment and create a new talent pool of data analysts and researchers in the AI field in Malaysia. My vision is for Malaysia to create a more technology inclusive ecosystem through the centre, especially in the AI and analytics field.
Strategic partnership with MTDC can enable all teams to bring the best of our combined talents and strengths forward. It is my hope to see how doing so generates functional and creative solutions for industries in Malaysia. MyFinB’s aim is to develop AI technologies that can help businesses broaden their relevance and increase their addressable market; customers benefit from the strengths and offerings each organization brings to the table; and employees can expand their development opportunities by being exposed to new perspectives and expertise. Plus, deepening ties between complementary businesses fosters collaboration and longevity, and allows Malaysian companies to offer services and solutions that help their customers become more successful". ( end of speech)
Thank you Dato' Nurhalim Yunus, the CEO of Malaysian Technology Development Corporation, the MTDC and EAC for having this collaboration to drive both A.I technologies and A.I. economies. I personally like the latter more than the former. In any case, they are inseparable.
MDB
Chairman of MyFinB
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