Huawei Malaysia and Revenue Group join forces to develop electronic services hub
KUALA LUMPUR (November 9): Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) and cashless payment solutions provider Revenue Group Bhd have teamed up to develop an electronic service center, focused on small and medium-sized enterprises (SMEs) ).
In a joint statement released today, the companies said the Revenue Safe Nets Sdn Bhd unit of Revenue recently signed a memorandum of understanding with Huawei Malaysia.
The main goal of the collaboration is to create an ecosystem to develop digital innovations through which the two sides can help more than 900,000 SMEs in Malaysia to go digital and effectively strengthen their presence in the market.
Revenue and Huawei Malaysia said they saw an urgent need to empower SMEs to adopt digital apps and software that will take their businesses to the next level, digitally.
In order to achieve these goals, Revenue and Huawei Malaysia will rely on digital innovation platforms that the two sides will jointly develop using Huawei’s cloud and artificial intelligence (AI) technologies.
Group Chief Revenue Officer and CEO Datuk Eddie Ng Chee Siong said that through this partnership, Revenue and Huawei Malaysia will build and implement cloud and AI-based innovations.
“The online services hub that we will jointly build using Huawei’s cloud and AI technologies will be of great benefit to independent software vendors (ISVs) and application developers, as well as to all the ecosystem, to stimulate our country’s digital economy, ”he said. .
Meanwhile, Huawei Malaysia VP of Cloud and AI, Lim Chee Siong, said that by drawing on Huawei’s deep expertise and in-depth knowledge in cloud and cloud technologies ‘AI, the two sides will not only develop effective innovative solutions, but also build a thriving ecosystem to help SMEs grow and transform digitally.
“Huawei is committed to developing creative solutions to fill technology gaps in the country and to be a catalyst for Malaysia’s digital economic growth,” Lim said.
The online services hub will see the integration of the internal Revenue service innovation platform and Huawei’s cloud and AI technologies, and will target SMEs as well as Huawei’s channel partners in Malaysia.
At 11:12 a.m., revenue fell 2.5% or 3 sen to RM 1.17, for a market cap of RM 461.93 million.