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MIDA and Intel Malaysia continue initiative in driving Malaysia towards industry 4.0

by moneycompass
February 5, 2021
in Local Market News
Intel
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KUALA LUMPUR – In collaboration with Intel Malaysia, the Malaysian Investment Development Authority (MIDA) has successfully organised a Virtual Artificial Intelligence for SMEs (AI4S) on January 27.

This virtual event is the continuation of the first Axiomtek Artificial Intelligence Starter Kit launch on August 18, 2020 which led Intel Malaysia to award the AI Starter Kits to 100 selected companies in Malaysia. These identified SMEs will go through a comprehensive technology enabling process and training that will empower them to implement pilot projects in their settings to jump-start the Artificial Intelligence (AI) or Industry 4.0 journey.

Furthermore, the AI Starter Kit was co-developed with Axiomtek to bring in the right Industry 4.0 technology for the local industries to adopt and benefit from its results. Axiomtek is a leading design and manufacturing company in the industrial computer and embedded field, based in Taiwan.

It has successfully gained global recognition for its innovative designs and outstanding customer satisfaction. Axiomtek has successfully partnered with Intel Malaysia to develop and deliver cutting-edge solutions and technologies for its clients.

Moreover, the AI4S event sealed Intel Malaysia as one of the industry captains in paving the way for the adoption of Industry 4.0 and supporting SMEs to build value within the domestic industry ecosystem and preparing Malaysia to rise among the regional leaders in Industry 4.0.

In this collaborative engagement, Intel Malaysia has committed to providing technology, knowledge transfer and some hardware funds. Intel Malaysia, together with Axiomtek will also provide training, supervision and mentoring of the pilot projects implementation by each participating local company. Simultaneously, the Malaysia Productivity Corporation (MPC) will assist in coordinating the entire programme.

This initiative is also part of Intel’s onboarding to Malaysia’s Lighthouse Programme which is being pursued by MIDA. It aims to back industry leaders in accelerating the Industry 4.0 adoption to a scalable and impactful stage while also influencing the domestic ecosystem providers for similar transformation by facilitating them to address implementation barriers and overcome challenges.

 

Read more: Italian businesses in Malaysia eye Malaysia as the gateway to opportunities arising from the Regional Comprehensive Economic Partnership

Tags: AIindustry 4.0MalaysiaMIDAMPCSME
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