MIDA and CREST Ink MoU with Dassault Systèmes to Build Malaysia's SME Industry 4.0 Readiness

MoU to drive Malaysian SME Industry 4.0 readiness

MoU aims to enhance adoption of cloud-based collaboration for SMEs

Collaboration to help Malaysian enterprises gain access to global marketplace

KUALA LUMPUR,Malaysia,Dec. 7,2022 -- Dassault Systèmes(Euronext Paris: FR0014003TT8,DSY.PA) todayannounced that it has inked a Memorandum of Understanding (MoU) with Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering,Science and Technology Centre (CREST). 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.

Datuk Wira Arham Abdul Rahman,CEO of MIDA said: "This timely initiative aims to elevate our local SMEs,and equip them with the latest technology to enhance their business efficiency through adopting world-class Enterprise Resource Planning (ERP) solutions. 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."

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.

Mr. Jaffri Ibrahim,CEO of CREST said: "The MoU aims to provide a platform that allows Malaysian businesses to thrive in a competitive business environment,post-pandemic. We constantly seek opportunities to collaborate with the Malaysian Government,industry leaders and academia to advance scientific knowledge in the country. In turn,we aim to strengthen homegrown innovation and research while we help local businesses navigate their challenges and opportunities in the new normal."

"At Dassault Systèmes,we have worked with many successful businesses across the globe to build connected ecosystems that allow them to tap on data to create actionable insights,and be competitive and efficient in the digital economy. 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.

As the manufacturing sector is undergoing a significant transformation with a push to adopt and adapt value-added processes and digitalisation,this partnership will tap on the collective expertise of the parties 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.

FOR MORE INFORMATION

Dassault Systèmes' 3DEXPERIENCE platform,3D design software,3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

Connect with Dassault Systèmes on Twitter,Facebook,LinkedIn and YouTube.

ABOUT DASSAULT SYSTÈMES

Dassault Systèmes,the 3DEXPERIENCE Company,is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications,our customers push the boundaries of innovation,learning and productionto achieve a more sustainable world for patients,citizens,and consumers. Dassault Systèmes brings value to more than 300,000 customers of all sizes,in all industries,in more than 140 countries.For more information,visit www.3ds.com

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