Fusionex signs MoU with Alliance Islamic Bank to accelerate growth of halal SME businesses

PETALING JAYA, Malaysia, September 19, 2021– (BUSINESS WIRE) – The market leader in artificial intelligence and big data technologies, Fusionex, recently signed a memorandum of understanding with Alliance Islamic Bank Berhad to strengthen the bank’s Halal in One program.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210919005026/en/

Dato ‘Seri Ivan Teh, CEO of Fusionex Group (Photo: Business Wire)

Halal in One is a halal ecosystem that offers support to business owners who venture into the halal space. The program also helps SMEs achieve halal certification, business consulting and matching services, access to market opportunities and personalized financing for certification costs, facility refurbishment, equipment rental or working capital.

Fusionex will design, develop and deploy a unique digital platform to help Halal businesses enrolled in the Halal in One program grow and prosper. Its consolidated digital platform leverages a suite of intelligent AI and Big Data analytics solutions to help SMBs digitally transform, enabling them to predict market trends, respond to customer demand, automate operational processes and grow their business. The state-of-the-art platform also improves accessibility to the halal industry by centralizing data to improve visibility and simplify procedures, saving time, reducing costs and dramatically reducing IT complexity in order to reduce the number of steps required to enter the halal market.

“We are delighted to collaborate with Alliance Islamic Bank on their Halal in One program to nurture and develop the Halal SME segment through digitization. I believe that Fusionex’s digital platform will be able to help Halal in One customers on their digital transformation journey. take their businesses offline to online, take a hybrid business approach, and use omnichannel strategies to expand their reach in the market – sustainable operations to meet any challenges that may arise. Through the collaborative efforts of all parties, this partnership introduces new ecosystems and connectivity that will generate new sources of revenue, transform the way business is done and allow these SMEs to reach their full potential, ”said the CEO of the Fusionex group, Dato ‘Seri Ivan Teh.

Alliance Islamic Bank CEO Rizal IL-Ehzan Fadil Azim said, “We strongly believe in the strength of partnerships to support the growth of SMEs. Fusionex offers various digital solutions that help SMEs stay competitive. For example, their analytical intelligence provides insight into customer segments. , enabling our Halal in One customers to improve their business performance, agility and growth with the data provided. “

Teh added, “I applaud Alliance Islamic Bank’s Halal in One program for providing SMEs with a one-stop business solution to help accelerate SME growth and strengthen Malaysia’s position in the international halal market. The loyalty management features of our platform allow entrepreneurs to not only attract new customers, but retain them through attractive and personalized rewards and gratuities. “

With smart tools to help better understand its customers, Fusionex empowers local SMEs to create personalized shopping experiences to meet ever-changing consumer demand. By replacing guesswork with concrete information gleaned from hard data, it enables SMEs to optimize resources, deliver targeted marketing campaigns and drive sales.

About Fusionex

Fusionex is a recognized, multi-award-winning data technology leader specializing in analytics, big data management, IR 4.0, Internet of Things, machine learning and artificial intelligence. Its cutting-edge offerings aim to help customers unlock value and learn from data.

Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison and Huffington Post, Fusionex is the largest big data analytics company and market leader in ASEAN, bringing cutting-edge, innovative and revolutionary platforms based on data to its stable of customers (including Fortune 500, FTSE companies, large conglomerates, as well as a wide range of small and medium enterprises [SMEs]) which spans the United States, Europe and Asia-Pacific. Fusionex is also a MDEC Global Acceleration and Innovation Network (GAIN) company as well as a recipient of the MSC R&D MGS award.

Gartner’s Modern Analytics and Business Intelligence report selected and commended the Fusionex Data Technology Platform. Additionally, Fusionex was identified as a major player in IDC’s MarketScape report for Big Data & Analytics. Fusionex is the only ASEAN-based company to feature in both reports, further consolidating its credentials in the data technology market for that region.

To learn more about Fusionex, visit www.fusionex-international.com.

About the Islamic Banking Alliance

Alliance Islamic Bank Berhad (AIS) is a 100% subsidiary of Alliance Bank Malaysia Berhad (Alliance Bank). It offers a wide range of Sharia-compliant products and services for consumers and businesses.

AIS is a strong promoter and supporter of initiatives that create a positive impact on businesses, the community and the environment.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210919005026/en/

Contacts

Fusionex
Angie lim
[email protected]

Islamic Bank Alliance
Munira Aziz
[email protected]

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