KUCHING: As part of a growing commitment to revolutionise Malaysia’s Palm Oil market through technology, Fusionex launched a ‘Smart Milling Workshop through IR 4.0′ with the Malaysian Oil Scientists’ and Technologists’ Association (MOSTA) called ‘The Future of Palm Oil Market– Changing Mill Operations and Widening Markets’, to a complete auditorium of mill owners, technologists and market players.
This is where Industry Revolution 4.0 (IR 4.0) technologies are given the forefront of Malaysia’s palm oil market to act as a catalyst for enhancing the efficiency of industry gamers through innovation and continuous intelligence.
The workshop supplied a platform for company owner, operations workers and technologists to exchange ideas and share experiences regarding new research and ingenious palm oil technology.
Fusionex Ivan Teh likewise required to the phase to share effective case studies and relevant strategies that have actually assisted the market much better its requirements up until now. The session likewise provided an opportunity for deliberation of problems, difficulties and a few of the current advancements in the palm oil market.
The event’s theme reflected future patterns that need to be adopted by the palm oil industry to conquer existing and emerging challenges, especially in the areas of innovation implementation in plantations, smart mills, sustainability and valuable products. Fusionex’s innovation raises the bar for best practices in plantations, as well as the milling and processing of palm oil.
Individuals at this occasion had the chance to listen to Fusionex topic professionals speak on how advanced innovations such as Market 4.0 (IR 4.0), the Web of Things, Artificial Intelligence (AI), Artificial Intelligence and Big Data Analytics can exceptionally enhance their organisation procedures, optimise yield, enhance total quality, in addition to increase performance and earnings.
The Minister of Main Industries Teresa Kok, who went to the event and released the ‘Smart Palm Oil Mill Immersion Programme’, congratulated Fusionex and MOSTA for their dedication to change Malaysia’s palm oil industry with sophisticated and results-oriented innovation.
The ‘Smart Palm Oil Mill Immersion Program’ is an evaluation program worth RM10,000 and offered to the very first 20 event guests who signed up, to kick-start their digital improvement journey with Fusionex.
Kok also stressed that, “Smart Milling will help palm oil mills modernise their operations and increase their performance. Such a partnership in between Fusionex and MOSTA, especially though the workshop, is a vital action in boosting the Malaysian palm oil market for the future”, she added.
Fusionex founder and group president Datuk Seri Ivan Teh said the ‘Smart Milling Workshop by means of IR 4.0’ aims to motivate partnership among industry gamers.
“It attends to some of the crucial issues and difficulties in the palm oil industry. Fusionex is dedicated to working with partners such as MOSTA, to create more awareness and provide much needed technology for the industry,” it stated.
“By leveraging on AI and IR 4.0 innovation we have at hand and establishing even more, we can prove traceability of the oils and rebut claims such as a few of these raw materials are coming from deforested areas or of bad stock. Data gathered enables evidence-based arguments when dealing with baseless allegations and also help display about the quality of the palm oil produced,” he added.