MIDA collaborates with MPC, Intel Malaysia in AI for SMEs Programme - MIDA | Malaysian Investment Development Authority
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MIDA collaborates with MPC, Intel Malaysia in AI for SMEs Programme

MIDA collaborates with MPC, Intel Malaysia in AI for SMEs Programme

22 Jun 2022

The Malaysian Investment Development Authority (MIDA) has collaborated with Malaysia Productivity Corporation (MPC) and Intel Malaysia for the Artificial Intelligence (AI) for Small and Medium Enterprises (SMEs) (AI4S) Programme.

The collaboration has launched the Productivity Through Digitalisation – AI4S Programme Proof-of-Concept Projects Compilation Booklet which features 31 successfully completed pilot projects.

MIDA chief executive officer Datuk Arham Abdul Rahman said companies that adopt and adapt Industry 4.0-related technologies such as AI can optimise productivity and grow in the face of rapid changes in technology cycles.

“Hence, MIDA is committed to building a resilient and sustainable Malaysian electrical and electronics (E&E) supply chain through the development and enhancement of our very own SMEs through this AI4S Programme.

“This perfectly aligns with our National Investment Aspirations in encouraging the innovative transformation of our industries through proactive and guided measures,” he said in a statement today.

Arham said the AI4S Booklet is a testament to the relevance of AI applications for business processes, including SME companies.

“Notably, the AI4S Programme saw 63 per cent of the participants utilise the AI kit for detection for quality assurance (QA); approximately 13 per cent integrated AI into their system for detection for traffic; another 10 per cent of the participants utilised the AI kit for on-site monitoring; another 10 per cent used the AI kit for detection for counting, whereas the remaining four per cent used the kit for entry control and recognition,” he added.

Meanwhile, MPC director Dr Mohamad Norjayadi Tamam said he was confident the Proof-of-Concept Projects contained in the booklet can serve as lessons learned in charting the transformation of their own Industry 4.0 journey.

“As the operation partner for this AI4S programme, MPC is in charge of the training and implementation delivery programme management for all the five training batches of the 100 companies,” he said.

Intel Malaysia managing director AK Chong said through the collaboration, Intel is pleased to be able to equip SMEs with skills in AI and help them to create solutions for their businesses.

“We are confident that this experience will catalyse innovation and growth for many of the participants, and we look forward to seeing what they achieve next,” she said.

Last year, a total of 100 SME companies were selected to participate in the AI4S Programme, whereby each company was awarded with an AI kit.

These SMEs underwent comprehensive technology enabling process and training to empower them to implement personalised pilot projects for their businesses to jump-start their AI technology adoption journey.

Upon the completion of AI4S Programme that began in the first quarter of 2021, 31 successfully completed pilot projects have been selected to be featured in the AI4S Booklet.

The launch of the booklet was officiated by Ministry of International Trade and Industry (MITI) senior director Datuk Hanafi Sakri.

Source: Bernama