Fusionex Group & Royal Group Forge Strategic Partnership to Propel Smart Trade Facilitation in Cambodia


Published on November 21, 2023

In a groundbreaking collaboration, Cambodia’s leading conglomerate, the Royal Group, and Fusionex Group, a distinguished and multi-award-winning data technology powerhouse, have formalized their partnership through the signing of a Memorandum of Agreement (MOA). The agreement signifies a joint commitment to propel Smart Trade Facilitation initiatives in Cambodia, leveraging cutting-edge technologies such as Big Data, Artificial Intelligence (AI), and innovative solutions. This collaboration aims to redefine economic growth and stimulate cross-border trade in the Kingdom of Cambodia.

The signing ceremony, graced by Neak Oknha Kith Meng, Chairman, and group CEO of the Royal Group (RGC), highlighted the conglomerate’s central role in digitalization, payment provision, and internet services in Cambodia through subsidiaries – WING, CELLCARD, and EZECOM. Fusionex Group’s prominent role as a global leader in technologies, including Big Data, AI, and Smart Trade Facilitation, positions it as a pivotal partner to elevate trade facilitation standards in Cambodia.

Neak Oknha Kith Meng underscored the Royal Group’s commitment to advancing digital transformation and delivering essential services to Cambodia. He stated, “Through our subsidiaries, the Royal Group is at the forefront of digitalization, payment provision, and internet services in Cambodia. Partnering with Fusionex Group, a global leader in technologies such as Big Data, Artificial Intelligence, and Smart Trade Facilitation, aligns with our vision to empower Cambodia through cutting-edge solutions.”

Fusionex Group’s prowess in Data Analytics and AI, combined with the Royal Group’s local influence, is set to introduce a wealth of knowledge and capabilities to Cambodia. This collaboration is poised to have a transformative impact on economic growth, enhance trade facilitation mechanisms, and position Cambodia as a technological hub in the region.

The strategic partnership will specifically concentrate on areas such as Data Analytics, Big Data, AI, and Smart Trade Facilitation, creating a synergy that is geared towards driving innovation and efficiency in Cambodia’s trade landscape. The infusion of Fusionex Group’s expertise is expected to streamline processes, improve decision-making, and create an environment conducive to cross-border trade.

Ivan Teh, CEO of Fusionex Group, expressed his excitement about the collaboration, stating, “We are thrilled to join forces with the Royal Group to bring cutting-edge technologies to Cambodia. Fusionex Group is dedicated to pushing the boundaries of technology, and through this collaboration, we aim to contribute to Cambodia’s economic development by introducing advanced solutions in Data Analytics, Big Data, AI, and Smart Trade Facilitation.”

The strategic collaboration between the Royal Group and Fusionex Group is set to play a pivotal role in the evolution of Cambodia’s technological landscape. By seamlessly blending local influence with global technological expertise, the partnership is poised to drive innovation, enhance trade facilitation capabilities, and establish Cambodia as a regional leader in adopting smart technologies.

As Cambodia embraces digital transformation, the Royal Group and Fusionex  International Group’s collaboration serves as a testament to the commitment to propel the Kingdom into a future defined by technological advancements, economic growth, and enhanced cross-border trade.

About Fusionex

Fusionex International 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 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 International 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 Review 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 International is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.

For more info about Fusionex International, please visit https://www.fusionexnews.com

Newsdesk Editor