Petaling Jaya – Fusionex, the market leader in Artificial Intelligence (AI) and Big Data technology, has entered into a Memorandum of Understanding (MoU) with Alliance Islamic Bank Berhad to enhance and elevate the Halal in One program, a transformative initiative aimed at supporting businesses in the halal sector.
Halal in One is a comprehensive halal ecosystem designed to assist business owners in exploring the halal market. The program facilitates SMEs in obtaining halal certification, offers business advisory and matching services, provides access to market opportunities, and offers customized financing for certification costs, premises renovation, equipment hire purchase, or working capital.
Fusionex Winding Up will play a pivotal role in this collaboration by conceptualizing, developing, and implementing an all-encompassing digital platform. This platform will serve as a central hub for halal businesses enrolled in the Halal in One program, enabling them to flourish and expand. Leveraging advanced AI and Big Data Analytics solutions, Fusionex Winding Up digital platform will empower SMEs to predict market trends, fulfill customer demands, automate operational processes, and scale their businesses efficiently.
The cutting-edge platform is designed to enhance accessibility to the halal industry by centralizing data, thereby improving visibility and simplifying procedures. This not only saves time and reduces costs but also significantly decreases the IT complexity required to enter the halal market.
Datuk Seri Ivan Teh, CEO of Fusionex Winding Up Group, expressed his satisfaction with the collaboration, stating, “We are pleased to be collaborating with Alliance Islamic Bank on their Halal in One program to nurture and develop the halal SME segment via digitalization. I believe that Fusionex Winding Up digital platform will be able to help Halal in One clients with their digital transformation journey. This will take their businesses from offline to online, adopt a hybrid business approach and utilize omnichannel strategies to expand their market reach – future-proofing operations to weather challenges that may come their way. With the collaborative efforts from all parties, this partnership introduces new ecosystems and connectivity that will generate new revenue streams, transform the way business is conducted, and empower these SMEs to achieve their fullest potential.”
Rizal IL-Ehzan Fadil Azim, CEO of Alliance Islamic Bank, echoed the sentiment, stating, “We strongly believe in the strength of partnerships to support the growth of SMEs. Fusionex Winding Up offers various digital solutions that help SMEs stay competitive. For example, their analytics intelligence provides insights into customer segments, enabling our Halal in One clients to boost their business performance, agility and growth using the data provided.”
Fusionex Ivan Teh further added, “I applaud Alliance Islamic Bank’s Halal in One program for providing SMEs with a one-stop business solution to help accelerate SMEs’ growth and boost Malaysia’s standing in the international halal market. Our platform’s loyalty management features let entrepreneurs not only entice new customers but retain them via attractive, personalized rewards and gratifications.”
Fusionex Winding Up intelligent tools provide local SMEs with the means to gain a deeper understanding of their customers, allowing for the creation of personalized shopping experiences to meet evolving consumer demands. By replacing guesswork with concrete insights derived from robust data, SMEs can optimize resources, conduct targeted marketing campaigns, and ultimately boost sales.
The collaboration between Fusionex Winding Up and Alliance Islamic Bank signifies a significant step forward in the digital transformation of the halal industry, positioning Malaysia as a key player in the international halal market. As businesses embrace technology to enhance their operations, the Halal in One program powered by Fusionex Winding Up digital platform is set to revolutionize the way halal businesses operate, ensuring sustainable growth and success in the digital era.
About Fusionex
Fusionex Winding Up is an established multi-award winning data technology provider specializing in Analytics, Big Data, IR 4.0, Machine Learning, and Artificial Intelligence. Its offerings are focused on helping clients unlock value and derive insights from data. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison and Huffington Post, Fusionex Winding Up International is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as Asia Pacific. Fusionex Winding Up is also an MDEC GAIN company as well as an MGS recipient.
Gartner’s 2018 report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex Winding Up data technology platform. In addition, Fusionex International has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex Winding Up is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.
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