Photo - Intel Malaysia's SME Roundtable speakers (from left to right) Dr Sheikh Ghazali Abod, Chief Operating Officer, Centre for Entrepreneur Development and Research (CEDAR), SME Bank; Uday Marty, Managing Director, Intel South East Asia; and Karunajothi Kandasamy, Senior Director of Economics and Policy Planning Division, SME Corp. Malaysia.
Malaysian SMEs need to increase adoption of ICT to better compete in a fast evolving marketplace, according to national agency SME Corp. Malaysia, SME Bank's Centre for Entrepreneur Development and Research (CEDAR) and semiconductor firm Intel Malaysia during their recent SME roundtable in Kuala Lumpur.
"As we set forward to achieving targets set by the Malaysian Government in the SME Masterplan 2012-2020, it is imperative that Malaysian small and medium enterprises [SMEs] take decisive steps towards improving the productivity and agility of their business with the right IT technology in place," said Intel South East Asia managing director, Uday Marty.
"Intel believes that ICT is one of the key enablers for Malaysian SMEs to achieve success and we aim to equip Malaysian SMEs with the latest enterprise IT solutions in order to raise contribution of Malaysian SMEs to the economy by 2020," said Martin, who also announced Intel's SME 'Level Up Your Business' Contest with a prize worth RM20,000 (US$6098) in IT hardware during the roundtable.
All three organisations confirmed their commitment to helping Malaysian SMEs with skills, technologies and resources in support of the national SME Masterplan 2012-2020.
"Above and beyond equipping local SMEs with IT equipment, Intel is also committed to helping local SMEs obtain the skills and resources they need to take their business to the next level," said Marty.
"Intel Malaysia and CEDAR of SME Bank recently signed a Memorandum of Understanding (MoU) to explore making two training programmes - Intel Learn Easy Steps and Intel Entrepreneurship Basics (E-Basics) - to CEDAR of SME Bank," he said. "The signing of this MoU underlines Intel's commitment to provide learning opportunities for budding entrepreneurs and mature SMEs owners to acquire ICT skills that are relevant for day-to-day business operations.
These training programmes are proposed to be incorporated into SME Bank's training courses and will be conducted by CEDAR.
Moving up value chain
"Until today, cost is still a key consideration for the adoption of technology," said CEDAR, SME Bank chief operating officer, Dr Sheikh Ghazali Abod. "With our collaboration with Intel Malaysia as well as our existing loan programmes, we aim to encourage SMEs to move away from manual processes to adopting automation in their day to day operations."
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