MIMOS has signed two Memorandums of Agreement (MoA) on semantic-based research and development (R&D) activities with International Islamic University’s (IIUM) Institute of Islamic Banking and Finance and ePulze Sdn Bhd.
Under the collaborative R&D agreement between Mimos and IIUM, the two parties will develop Islamic finance content and an Islamic finance education system.
e-Pulze, on the other hand, will adopt the Mimos semantic technology platform to develop a semantic-based sentiment analytics system using the Internet as the knowledge base.
The MoA was signed in conjunction with Knowledge Technology Week 2010 held at Unimas in Kota Samarahan near Kuching on Tuesday.
At the signing, Mimos was represented by its president and chief executive officer Datuk Abdul Wahab Abdullah while IIUM was represented by its rector, Professor Datuk Sri Dr Syed Arabi Idid. ePulze was represented by its chief technology officer Alex Lim.
Abdul Wahab said, while the Semantic Web was proving itself as a commercially competitive technology, actual adoption and investment in Semantic Web applications is fast gaining momentum worldwide.
The challenge now was in taking semantic technology to the masses and making lives on the Internet easier.
Meanwhile, at a separate signing ceremony, Unimas inked a Memorandum of Understanding with the German Research Centre for Artificial Intelligence (DFKI) and University of Kaiserslautern (TUKL) for research and exchange of students and staff on artificial intelligence.
Unimas was represented by its vice-chancellor Professor Dr Khairuddin Abdul Hamid while DFKI and TUKL were represented by Prof Andreas Dengel, the director of DFKI.