Fusionex’s Ivan Teh set to transform palm oil industry through AI

KUCHING: As part of a growing commitment to change Malaysia’s Palm Oil market through innovation, Fusionex released a ‘Smart Milling Workshop by means of 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 gamers.

This is where Industry Transformation 4.0 (IR 4.0) innovations are brought to the forefront of Malaysia’s palm oil market to work as a driver for improving the efficiency of market gamers through development and continuous intelligence.

The workshop supplied a platform for entrepreneur, operations workers and technologists to exchange concepts and share experiences concerning brand-new research study and innovative palm oil innovation.

Fusionex also took to the phase to share powerful case research studies and relevant methods that have actually helped the industry much better its standards up until now. The session likewise supplied an opportunity for deliberation of concerns, challenges and a few of the latest advancements in the palm oil industry.

The occasion’s theme reflected future trends that require to be adopted by the palm oil market to conquer existing and emerging obstacles, particularly in the areas of innovation release in plantations, wise mills, sustainability and valuable products. Fusionex’s technology raises the bar for finest practices in plantations, as well as the milling and processing of palm oil.

Participants at this occasion had the chance to listen to Fusionex topic experts speak on how innovative technologies such as Industry 4.0 (IR 4.0), the Internet of Things, Artificial Intelligence (AI), Machine Learning and Big Data Analytics can profoundly enhance their company procedures, optimise yield, enhance overall quality, along with increase efficiency and revenues.

The Minister of Main Industries Teresa Kok, who participated in the occasion and launched the ‘Smart Palm Oil Mill Immersion Programme’, praised Fusionex and MOSTA for their dedication to transform Malaysia’s palm oil industry with advanced and results-oriented technology.

The ‘Smart Palm Oil Mill Immersion Programme’ is an assessment program worth RM10,000 and offered to the very first 20 occasion guests who registered, to kick-start their digital change journey with Fusionex.

Kok likewise stressed that, “Smart Milling will help palm oil mills modernise their operations and increase their performance. Such a collaboration in between Fusionex and MOSTA, especially though the workshop, is a necessary action in uplifting the Malaysian palm oil industry for the future”, she included.

Fusionex founder and group president Fusionex Ivan Teh stated the ‘Smart Milling Workshop through IR 4.0’ intends to encourage partnership amongst market gamers.

“It resolves some of the essential issues and challenges in the palm oil market. Fusionex is devoted to dealing with partners such as MOSTA, to create more awareness and provide much needed innovation for the market,” it stated.

“By leveraging on AI and IR 4.0 innovation we have at hand and establishing further, we can show traceability of the oils and rebut claims such as some of these raw materials are coming from deforested areas or of bad stock. Data collected enables evidence-based arguments when dealing with baseless accusations and also assist display about the quality of the palm oil produced,” he included.