In a significant development within the field of technology, FSBM Holdings Bhd, an established IT services company, has entered into two memorandums of understanding (MOUs) aimed at bolstering its capabilities in artificial intelligence (AI) and cybersecurity. The agreements were made through its subsidiary, FSBM I-Design Sdn Bhd, and were announced during a press conference on January 16, 2023, in Kuala Lumpur.
The first collaboration is with VisionTech Pte Ltd, a firm based in Singapore that specializes in generative AI. This partnership is set to focus on the development of AI-driven solutions intended to enhance operational efficiency in businesses, tackle workforce-related challenges, and improve decision-making processes. The integration of advanced technology is seen as a vital element in driving forward the tech infrastructure of various sectors.
The second MOU was signed with Cydentiq Sdn Bhd, a provider renowned for its cybersecurity solutions. This partnership is geared towards embedding critical security measures within business operations. The focus areas will include identity governance, threat monitoring, and ensuring compliance with industry regulations. These initiatives are expected to add a robust layer of security in an era where data breaches and cybersecurity threats are increasingly commonplace.
FSBM executive director William Ng Kok Kiong remarked on the strategic nature of these collaborations. He articulated that they are integral to expanding FSBM's offerings in the domains of analytics, business intelligence, and AI of Things (AIoT), highlighting the company's commitment to leveraging advanced technology to meet the evolving demands of the industry.
These strategic partnerships represent FSBM Holdings’ proactive approach to navigating the rapidly changing landscape of AI and cybersecurity. With emerging technologies such as generative AI and advanced cybersecurity measures gaining significance, businesses are looking to integrate these solutions to enhance operational efficiency and protect sensitive data.
Source: Noah Wire Services