Adapting to the changing tides in the nation's digitalization journey, the Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) has entered into a partnership with Dassault Systèmes, a French software corporation specializing in 3D related products.
The partnership aims to create a steering committee to discuss the scope, requirements, roles and plans in supporting Malaysia's small and medium-sized enterprises (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.
Speaking on the collaboration, Datuk Wira Arham Abdul Rahman, CEO of MIDA said: "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."
As the manufacturing sector is undergoing a significant transformation with a push to adopt and adapt value-added processes and digitalisation, this will see the parties tap into their collective expertise 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.
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.
"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.