12 Nov - 7 min read
In today’s highly competitive business environment, staying ahead of the curve is essential in order to flourish and thrive. Keeping up to date with technology is a must to stay relevant but doing so is difficult, because most times, we’re always too busy keeping our business running. A challenge that surfaced during the COVID-19 pandemic was how businesses would operate while employees were working from home or remotely, and as a result, the situation has led to a significant increase in digital adoption.
Following that, Cloud computing is becoming increasingly popular amongst businesses of all sizes because it allows for the storage, management, and processing of data to take place on a network of servers that are conveniently hosted remotely on the internet. So how does Cloud computing allow digital businesses to be elevated into an intelligent enterprise? The infrastructure allows for flexibility, scalability, and automation – necessary traits to drive rapid innovation. The massive amount of data collected is able to design a solution that assists processes powered by artificial intelligence (AI) and machine learning (ML).
It is particularly important for startups to be agile and flexible, so that they are able to disrupt the market and offer distinctive services to the consumers. Innov8tif Solution, OrangeFIN Asia, Boss Boleh, and Orpheus Capital were among the 10 finalists shortlisted from more than 140 entries in the Huawei Spark Programme, a hybrid accelerator competition that aims to incubate and accelerate company growth and build an ecosystem for businesses in the Asia Pacific (APAC) region. These startups were carefully chosen because of their unique and innovative use of Cloud and AI.
They received access to the TM ONE Alpha Edge Cloud platform, business matching opportunities, networking sessions, and one-on-one mentoring from industry experts. The programme, powered by TM ONE Alpha Edge is organised by Huawei Technologies (Malaysia) Sdn Bhd in collaboration with the Malaysia Digital Economy Corporation (MDEC) and TusStar (Malaysia), with the objective to accelerate deep-tech startup growth by providing critical resources and business development opportunities.
Let’s explore how these Malaysian companies have utilised Cloud computing to grow their business, and their experience of using Alpha Edge in building their solutions.
Providing Electronic Know-Your-Customer (eKYC) solutions for banks, telecommunication companies, fintechs, and insurance firms, Innov8tif’s customer base extends across several ASEAN countries, like Cambodia, Indonesia, the Philippines, and Thailand. OkayDoc’s AI-powered document verification tool automates the authentication process through Cloud servers, allowing for data to be transferred efficiently in real-time. As Cloud computing has scalability feature, data management and the migration process to different platforms are consequently smoother. They can scale up their infrastructure’s computing power as and when needed with Cloud computing, allowing them to accommodate temporary spikes in traffic or build-out capacity for permanent increases in workloads.
OkayDoc has found its journey to the cloud simpler by using Alpha Edge:
“Up to my expectation for a competitive hyperscaler. Easy deployment. The support given by the enablement team is above and beyond.”
— Law Tien Soon, COO, Innov8tif Solutions Sdn Bhd
Using software bots, Robotic Process Automation (RPA) automates business processes based on specific sets of business logic. These bots operate at a highly personalised level, are self-sustained, and require minimal monitoring. Managing automation pipelines is convenient as tasks like updating and altering commands, and logic can be done seamlessly via Cloud. In fact, OrangeFIN was able to automate its Cheque Clearing Process to clear an average of 135,000 cheques every day.
Because of this large number of transactions that OrangeFIN needed to automate, it tapped into the high computing power of Alpha Edge cloud services.
“What I have experienced is that it reduces cost for SMEs, and this helps us to also reach out and help socially almost at no cost. Hosting our solution on a secured platform like Alpha Edge gives me peace of mind. Speed to Market matters, because this has to align with our customers. And most importantly, it is customer-friendly. No hassle, seamless.”
— Robin Hoo, CEO, OrangeFIN Asia Sdn Bhd
Powered by Cloud technology, Boss Boleh intends to fully automate manual tasks with its end-to-end solution, which minimises secretarial expenditures and compliance complexities for small businesses through a wide range of integrated systems, including advisory, request tracking, cloud storage of company documents, and signing resolutions online, on a single platform. Boss Boleh utilises AI and cutting-edge technology to automate processes and substantially reduce secretarial expenses, making it a cost-efficient solution without compromising on service level quality.
Commenting about its use of Alpha Edge,
“Convenient move, very clean and straightforward. Just two days of migration, very surprised how painless it is. This is important as it is aligned with the speed of BossBoleh, to support our customers’ needs.”
— Billy Lee, Co-Founder, Boss Boleh Sdn Bhd
Cash flow is a problem faced by many SMEs especially during the pandemic. Orpheus Capital seeks to assist the underserved SME community by providing fully digital, seamless financing solutions with services like invoice financing, contract financing, and payday financing through an advanced AI system. The technology allows Orpheus Capital to operate its business securely and efficiently. For businesses like Orpheus Capital that require rapid information processing, having operations on the Cloud is definitely an advantage to accelerate time-to-market.
The founder of Orpheus Capital has also found his experience with Alpha Edge convenient. “We have been on the Cloud for the past several months, and are very happy with the services. Smooth migration and excellent support.”
— Muhammad Hamudi Bin Abdul Khalid, CEO, Orpheus Capital Sdn Bhd
Alpha Edge is a hyperscale, secure and compliant Cloud service from TM ONE that helps businesses achieve the benefits of innovation and digital transformation.
Alpha Edge’s AI solutions are suitable for a wide range of use cases, including improving customer experience, increasing operational efficiency, and solving complex problems. The compliant, secure, and cost-effective Cloud infrastructure is designed to fast track digital growth for Malaysian businesses and government agencies besides supporting them in building resilience, agility, and innovation.
What makes Alpha Edge’s offerings attractive, among others are its hyperscale features, data residency, low latency, compliance, and reliability.
Alpha Edge makes use of comprehensive capabilities, all-scenario AI, and a best-in-class hybrid Cloud solution with industry-standard abilities and functionalities. This means that businesses can scale seamlessly in a cost-effective approach. Besides that, its Cloud infrastructure is bolstered with cybersecurity, and hosted in secure TM ONE Data Centres within Malaysia, ensuring compliance with data residency and sovereignty regulations for the maximum security of critical and important data.
In running a business, speed is of utmost importance and with Alpha Edge, businesses can expect enterprise-grade, low latency network, and connectivity that supports ultra-high speeds for faster access to applications and workloads.
Although technology trends are evolving at a surging rate, it is important for companies to keep up and adopt new technologies. Staying on with outdated systems has many downsides, such as not being able to stay competitive in the market and exposed to cyber security risks.
If accelerating digital transformation is a goal your business aspires to, Alpha Edge offers an intelligent industry Cloud platform that is secure, comprehensive, and cost-effective. The integration of AI and Cloud has the potential to positively affect business productivity. So if you’re looking for a complete Cloud-based platform with tailored solutions, Alpha Edge end-to-end Cloud solution is the one for you.
To learn more about Alpha Edge, click here.
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