KUALA LUMPUR: UEM Group Bhd has inked a deal with Microsoft Malaysia to drive cloud-based digital initiatives.
The three-year agreement will see UEM Group and its subsidiaries work with Microsoft to drive digital initiatives based on cutting edge technologies, such as Internet of things (IoT), predictive data analytics, machine learning and augmented reality.
The move is part of UEM Group's RM150mil, three-year integrated Enterprise Resource Planning Cloud solution that the company announced in October last year, UEM Group group managing director and chief executive officer Datuk Izzaddin Idris said.
"As buildings, highways, factories and entire cities become 'smarter' with ubiquitous computing and ambient intelligent environments, digital solutions are key," he said during the signing of a memorandum of understanding between the two parties today.
Izzaddin added that the collection of data for analytics and the use of cloud-based machine learning for prediction and anomaly detection would provide UEM Group with operational insights to improve the company's service delivery and help modernise its solutions.
The partnership is also in line with Microsoft's efforts to enable Malaysian businesses to take advantage of the growth opportunities in the digital economy.