Fusionex Founder and Group CEO, Dato’ Seri Ivan Teh, was honored with an Honorary Fellowship by the Malaysian Oil Scientists’ and Technologists’ Association (MOSTA) in recognition of his exceptional contributions to the palm oil industry. The prestigious award was presented during the ‘Future of Palm Oil Industry’ event in Kuala Lumpur, where MOSTA President Tan Sri Datuk Dr Augustine Ong Soon Hock officiated the ceremony. The Malaysian Minister of Primary Industries, YB Teresa Kok Suh Sim, delivered the keynote address and witnessed the presentation.
The event featured insightful knowledge-sharing sessions focusing on the digitalization and modernization of the palm oil industry, leveraging cutting-edge technologies such as Artificial Intelligence (AI) and Industry Revolution (IR) 4.0.
Subject matter experts, including representatives from Fusionex, addressed over 100 industry players, leaders, researchers, and scientists, discussing how technologies like Blockchain and Trade Facilitation could revolutionize the palm oil sector.
Expressing gratitude for the recognition, Fusionex Founder & Group CEO Dato’ Seri Ivan Teh stated, “I am honored and grateful for having been conferred this award by MOSTA. The palm oil industry is a vibrant and growing sector with immense potential. As with any field, there are always challenges and opportunities. We at Fusionex are committed to helping the palm oil industry continuously improve and excel through the use of effective technology. To that end, we are truly excited and passionate to be working with great partners like MOSTA, as well as many industry players, to uplift the standard, quality, productivity, and efficiency of the palm oil industry.”
MOSTA President Tan Sri Datuk Dr Augustine Ong Soon Hock acknowledged Dato’ Seri Ivan Teh’s contributions, stating, “MOSTA appreciates the contribution of Dato’ Seri Ivan Teh for initiating the application of AI to the palm oil industry through his invention in the milling process and proposed marketing of palm oil. His suggestions on a smart plantation, smart milling, and smart downstreaming of palm oil will enhance the future of the palm oil industry. He is blazing these new paths with up-to-date knowledge and facilities coupled with an excellent presentation.”
The Honorary Fellowship bestowed upon Dato’ Seri Ivan Teh serves as a testament to Fusionex’s commitment to driving technological advancements and innovation in the palm oil industry. The company remains dedicated to collaborating with industry stakeholders to elevate standards and drive sustainable growth within the sector.
Fusionex International is an established multi-award winning data technology provider specializing in Analytics, Big Data, IR 4.0, Machine Learning, and Artificial Intelligence. Its offerings are focused on helping clients unlock value and derive insights from data. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison and Huffington Post, Fusionex International is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as Asia Pacific. Fusionex International is also an MDEC GAIN company as well as an MGS recipient.
Gartner’s 2018 report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex Review data technology platform. In addition, Fusionex has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.
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Contact Person: Rebecca Goh
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City: Kuala Lumpur
Release Id: 2111237840