Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) have partnered with French software company Dassault Systèmes to build Malaysia’s small and medium-sized enterprise (SME) Industry 4.0 Readiness.
The partnership aims to create a steering committee to discuss the scope, requirements, roles and plans in supporting Malaysia’s SMEs in their transformation journey to Industry 4.0, as well as enhancing cloud-based collaboration through adopting world-class Enterprise Resource Planning (ERP) solutions, Dassault Systèmes said in a statement.
“This timely initiative aims to elevate our local SMEs, and equip them with the latest technology to enhance their business efficiency through adopting world-class Enterprise Resource Planning (ERP) solutions,” said Wira Arham Abdul Rahman, Chief Executive Officer of MIDA.
“We take great pride in MIDA’s involvement in this initiative to empower Malaysian firms and SMEs to fortify their technical capabilities and embrace modern technology, thus enabling them to progress and flourish,
“This day marks the momentous occasion of the government’s drive to propel industry players, especially domestic players and SMEs, to embrace the new technology and realise its potential by taking on the technological solutions of ERP,” he added.
According to the statement, the ERP solutions will leverage Dassault Systèmes’ virtual twin technologies via its 3DEXPERIENCE platform, specifically its computer-aided design software and Product Lifecycle Management (PLM) solutions, which are used in various industries including manufacturing, engineering and life sciences.
“The MoU aims to provide a platform that allows Malaysian businesses to thrive in a competitive business environment, post-pandemic. We constantly seek opportunities to collaborate with the Malaysian Government, industry leaders and academia to advance scientific knowledge in the country,
“In turn, we aim to strengthen homegrown innovation and research while we help local businesses navigate their challenges and opportunities in the new normal,” said Jaffri Ibrahim, Chief Executive Officer of CREST.
As the manufacturing sector is undergoing a significant transformation with a push to adopt and adapt value-added processes and digitalisation, this partnership will tap on the collective expertise of the parties to help local businesses via a three-pronged approach, namely enabling Industry 4.0 readiness, providing access to the global marketplace and adopting true cloud-based collaboration.
The intent is to develop a programme to enhance the efficiency and operations of SMEs in Malaysia with the state-of-the-art Enterprise Resource Planning (ERP) solutions, aimed at integrating business processes and applications.
“At Dassault Systèmes, we have worked with many successful businesses across the globe to build connected ecosystems that allow them to tap on data to create actionable insights, and be competitive and efficient in the digital economy,
“With enhanced connectivity, Malaysian SMEs can benefit from data-driven decision making, build closer relationships with customers and partners, and continuously improve their operations and processes as they compete in the global business arena,” said Josephine Ong, Managing Director, Asia Pacific South, Dassault Systèmes.
Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. It provides business and people with collaborative 3D virtual environments to imagine sustainable innovations.
By creating virtual twin experiences of the real world with its 3DEXPERIENCE platform and applications, its customers push the boundaries of innovation, learning and production to achieve a more sustainable world for patients, citizens, and consumers.
Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 140 countries.
Malaysia’s George Kent inks MOU with MDEC to promote growth of Malaysia’s tech ecosystem