01 Dec 2020
TM One and SME Bank collaborate to deliver technology funding to SMEs under PENJANA
TM One and SME Bank sign agreement to provide technology funding to SMEs via SME Technology Transformation Fund (STTF)
TM One, the business and public sector solutions arm of Telekom Malaysia Berhad (TM) today signed a Memorandum of Understanding (MoU) with Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), an agency under the Ministry of Entrepreneur Development and Cooperative to offer technology funding for its Small and Medium Enterprise (SME) customers to accelerate their business and digital transformation.
The MoU was signed by Ahmad Taufek Omar, Executive Vice President and Chief Executive Officer, TM One while SME Bank was represented by Aria Putera Ismail, its Group President/Chief Executive Officer.
The SME Technology Transformation Fund (STTF), is a fund set up between SME Bank and the Ministry of Finance to offer financing assistance of up to RM3.0 million to local SMEs. This is part of the Government's Pelan Jana Semula Ekonomi Negara (PENJANA) economic stimulus package to provide financial assistance to SMEs in adopting digitalisation and/or automation in their business operations.
Commenting on the collaboration, Ahmad Taufek said, "We are excited to work hand-in-hand with SME Bank to accelerate digital adoption amongst our customers particularly in the SME segment. This is in support of the Government's efforts under PENJANA to execute key initiatives to help SMEs during the COVID-19 pandemic. Our aim is to assist SMEs in addressing real business challenges and issues that they are currently facing with the digital solutions available. We have put in place dedicated teams and solutions to enable our customers to realise the full potential of their digital opportunities. Our Professional Services are a consultative approach in helping SMEs to understand how to plan their digital transformation based on their unique business requirements."
Meanwhile, Aria said, "With a fund size of RM500 million, STTF is expected to directly assist SME entrepreneurs to achieve higher productivity, process efficiency, efficient cost management and greater market penetration. As at 11 November 2020, SME Bank has approved 18 applications worth RM36.55 million under the STTF fund. SME Bank's role in encouraging the SMEs to adopt digital technology was further enhanced with the introduction of ODELA, the first one-stop e-commerce platform backed by a Development Financial Institution (DFI), that enabled B2B entrepreneurs to make transactions and foster partnership across vast ecosystems. The Bank's wholesome approach in providing financing and entrepreneur development assistance further adds value and accelerate the development of digital economy thus boosting the nation's economic growth in this challenging time."
STTF is to be used for financing the purchases of IT solutions and services, technology support services, computer hardware and software, equipment and/or machinery and other intangible assets to enhance productivity and efficiency. SMEs as defined by the National Entrepreneur and SME Development Council (NESDC) are eligible to apply for STTF.
TM One's solutions are aimed at helping SMEs to achieve higher productivity, better cost management and improved efficiency for wider market penetration through the adoption of digitalisation and automation. As the digital enabler for enterprise and public sector customers with enterprise-grade connectivity and end-to-end cloud offerings, the Company is well positioned to enable the ecosystem for digital society, digital business and digital government. Leveraging on its complete digital solutions offerings across connectivity (Internet & Data), voice and collaboration tools, business outsourcing services, cloud services, cybersecurity and Internet of Things (IoT)-based smart services, TM One will fulfil the needs of businesses and the public sector in embracing digital convergence towards enabling Digital Malaysia.
This is in line with TM Group's unique role as the nation's connectivity and digital infrastructure provider. It is also in support of Jalinan Digital Negara (JENDELA) Plan to drive Malaysia's Digital Economy through business digitalisation and new ways of working.
For more information on TM One solutions and how to apply for STTF, visit www.smebank.com.my and www.tmone.com.my.
YOU MAY ALSO LIKE
TM GLOBAL EXPANDS DATA CENTRES IN CYBERJAYA AND JOHOR TO STRENGTHEN NATION’S DIGITAL TRANSFORMATION
KUALA LUMPUR, 11 NOVEMBER 2024 – TM Global, TM’s wholesale business arm, will expand its Klang Valley Data Centre (KVDC) in Cyberjaya and Iskandar Puteri Data Centre (IPDC) in Johor, addressing the growing demand for domestic and international data hosting services. This is the next phase in TM’s strategic roadmap to grow its infrastructure ecosystem and position Malaysia as a preferred digital hub in Southeast Asia, aligning with its aspiration to become a Digital Powerhouse by 2030. These expansions and TM’s partnership with Nxera to develop a new, hyperconnected, AI-ready data centre, lays the foundation for digital services such as cloud, advanced analytics, artificial intelligence, and the Internet of Things. Scheduled for commercial operations in 2025, the second phase of both KVDC and IPDC will deliver a combined IT load of about 20MW. The expansion will meet Uptime Institute’s Tier-III standards, and the Leadership in Energy and Environmental Design (LEED) Silver rating for long-term sustainability, a globally recognised green building certification. Khairul Liza Ibrahim, TM Global’s Executive Vice President, said, “KVDC and IPDC are integral infrastructures in Malaysia’s digital ecosystem, serving as international gateways and interconnected points to support 5G networks. This second phase of our data centre expansion will feature sustainable designs, boosting our capacity to support hyperscalers, OTT players, cloud and next generation AI providers, as well as enterprises.” TM Global’s data centres are complemented by seven regional Edge Facilities located throughout the country. These support high-performance computing and co-location services to bring content closer to end-users with minimal latency. “We have further enhanced our data hosting services with a recent acquisition of the Facilities-based Operator license in Singapore, allowing us to provide seamless, secure data centre-to-data centre connectivity through our extensive domestic fibre optics network and international submarine cable systems. This enables us to meet the growing connectivity demands across the region, linking data centres from Thailand to Malaysia, Singapore, and Batam in Indonesia,” Khairul Liza emphasised. TM Global offers a comprehensive suite of platform-based services, including Multi-Edge Computing and Content Delivery, to elevate data hosting solutions. These services are tailored to optimise performance and efficiency, ensuring a robust and reliable data-driven network for customers. Leveraging its extensive network infrastructure, TM Global equips carriers, enterprises, hyperscalers, OTTs, and next-generation AI application providers with the tools necessary to drive innovation and seamless digital integration.
TM One reinforces its commitment to oil and gas industry growth with new innovative digital solutions and services at MOGSEC 2018
Aimed at realising productivity gains, the solutions and services are set to provide competitive edge to the Oil & Gas companies in Malaysia TM One, the business solutions arm of Telekom Malaysia Berhad (TM) today showcased its new digital solutions for the oil and gas industry at the fourth (4th) Malaysian Oil and Gas Service Exhibition and Conference (MOGSEC 2018). The solutions and services, aimed at assisting the industry in realising its hidden productivity gains, reducing costs and increasing efficiency and workforce collaboration as well as workplace safety and security, have received strong interest from oil & gas companies and visitors at the event which is held from 25 September to 27 September 2018. Azizi A. Hadi, Chief Executive Officer, TM One said: “Oil and gas industry is embarking on ambitious digital transformations to reshape their operating models and improve their operations costs. TM Group has long been supporting the industry’s growth and efficiency by providing innovative communications, IT and smart services. Today, we are proud to reveal our digital solutions suites that can accelerate the realisation of the digital transformation benefits. We help our customers to innovate faster by dedicating their valuable resources to their core strategic business while we take care of the rest as their strategic and trusted outsourcing partner. This demonstrates our continuous commitment to this strategic sector, in line with TM’s philosophy of “Business Made Easier”.” “TM One has embarked on workplace digitisation for all industries that we are servicing in order to enable the transition to Industry Revolution 4.0. Specifically for the oil & gas industry, our focus is on operational excellence and high performance infrastructure. In June 2017, we upgraded and enhanced our off shore fiber optic connectivity to serve oil and gas platforms in the South China Sea and today, we are proud to unveil the showcase of our Connected Workforce and Accelerated Artificial Intelligence (AAI) solutions. These solutions are part of the strategic investment and commitment by TM One to enable the oil & gas industry to realise the full potential of digital transformation,” he further elaborated. The solutions also enable the creation of a data driven workforce that will boost the productivity, lower operational costs and create a safe and secure workplace in order to meet the industry’s business drivers and address its challenges. TM One's booth at MOGSEC 2018 is showcasing two (2) key digital solutions for the oil and gas industry throughout the 3-days event, as below: a) Accelerated Artificial Intelligence (AAI) – aimed at data management and analytics that is used to change and improve business model and increase operational efficiencies. b) Connected Workforce – provides effective real-time location monitoring for fast response and safer workplace These solutions are leveraging on TM One data centre, cloud, managed network and security services as its foundation infrastructure. Visitors can also have the opportunity for hands-on experience of these solutions and get to know other TM One solutions that can support the industry as well as connect and interact with our industry subject matter experts and solutions consultants. Positioned as the enabler for businesses to realise their full potential of their digital opportunities, TM One enables our customers’ digital journey through its seamless vertical and horizontal solutions where it is brought together by our people, processes and state-of-the-art technology. In realising customers’ digital transformation, TM One owns two (2) state-of-the-art Tier III certified twin core data centres located at Cyberjaya and Iskandar Puteri to fulfil the hosting, cloud and IoT requirements of customers. For further information on TM One and its service and solution offerings, visit https://www.tmone.com.my/
TM Further Accelerates Its Sustainable Development
TM is pleased to announce the publication of its inaugural Task Force on Climate-related Financial Disclosures (TCFD) report and this significant step underline the Group’s commitment to sustainability, transparency, and responsible business practices, reinforcing its position as a leader in the industry. The TCFD report provides transparency around the financial implications of an organisation’s climate-related risks and opportunities. With this 2022 report, TM is taking a proactive approach in understanding, assessing, and managing climate-related risks and opportunities, which will enable TM to strengthen its risk management practices, drive innovation, and ensure the long-term sustainability of its business operations. TM’s 2022 TCFD report is launched 2 years ahead of Bursa Malaysia’s December 2025 target requirement for public listed companies to align their reporting with TCFD. TM is in alignment with 9 out of 11 TCFD recommendations for the financial year ended 31 December 2022. Bursa Malaysia released this criterion in 2022 as part of its enhanced sustainability reporting requirement. “Towards becoming a human-centred TechCo, we are aware of our role in facilitating Malaysia’s transition towards a low-carbon future. Through this TCFD exercise, we have sought to build upon our existing initiatives and provide a future-focused examination on how climate change will impact our business. These insights will provide an important foundation that will enable us to continually improve our responses to climate change across each aspect of our value chain,” said Razidan Ghazalli, Group Chief Financial Officer, TM who also spearheads TM’s TCFD taskforce. "Our decision to embrace TCFD reporting demonstrates our dedication to upholding the highest standards of environmental, social, and governance practices," said Datuk Imri Mokhtar, Group Chief Executive Officer, TM. "We believe that by being transparent and accountable for our climate-related risks and opportunities, we can create long-term value for our stakeholders, strengthen our resilience, and position ourselves as an industry leader in sustainable business practices,” he further added. Developed in 2022, TM’s ESG Roadmap sets forth a clear vision, commitments, and execution plans across the three pillars of environment, social, and governance. As part of its efforts to combat climate change, TM launched several impactful initiatives aimed at achieving its goal of reaching net zero emissions by 2050. In 2022 alone, significant strides were made, including: Renewable Energy-Powered Data Centres - Three of its core data centres are now powered by renewable energy. This transition to clean energy sources significantly reduces carbon emissions associated with data centre operations. Network Modernisation for Efficiency - By implementing high-efficiency network elements and retiring legacy components, TM ensures that its network infrastructure operates at maximum efficiency. This strategic approach minimises energy waste and aligns with the overall objective of reducing carbon footprint. Energy-Efficient Air-Conditioning Upgrade - In reducing energy consumption, more than 560 conventional air-conditioning units have been replaced with more energy-efficient inverter air-conditioning systems. This transition to energy-saving technology not only contributes to lower carbon emissions but also leads to substantial energy cost savings. By incorporating renewable energy, optimising network infrastructure, and investing in energy-efficient technologies, TM is proactively working towards a greener future. With the ESG Roadmap as a guiding framework, the Group is dedicated to creating long-term value for its stakeholders while minimising environmental impact. Its unwavering commitment to sustainability extends beyond climate action to encompass social responsibility and sound governance practices. TM is committed to advancing its sustainability agenda by accelerating its transformation into a human-centred TechCo, in pursuit of a sustainable future and positive change within the industry and communities it serves. For more details on TM’s sustainability commitments and approach, visit tm.com.my/sustainability.
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!