Redex Group raises  mil Series A funding led by Aramco Ventures

Investors from the Middle East, SEA & Japan also participated in this round
Funds will enable global expansion and streamline REC issuance and digitisation

Redex, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced the completion of its US$ 10 million (RM47.6 million) Series A funding round, with Aramco Ventures as the lead…Continue Reading

Study: Technical debt stalls growth and transformation for nearly half of global businesses

99% of respondents recognised that technical debt is a risk to their organisations
Lack of awareness significantly affects leaders’ ability to manage technical debt

A study of business leaders by DXC Technology, a leading Fortune 500 global technology services company, has revealed that nearly half (46%) of executives say that technical debt, or…Continue Reading

CelcomDigi empowers businesses with 5G insights at inaugural MY5G Conference & Showcase 2023

Event seen as key step for effective adoption and enablement of 5G in Malaysia
5G global experts share insights on how global businesses leveraged power of 5G

CelcomDigi, Malaysia’s leading telco-tech provider, held its inaugural MY5G Conference & Showcase 2023 on Wednesday, as part of its ambition to accelerate 5G adoption across businesses…Continue Reading

Schneider Electric invests US5,000 to collaborate with the Sustainable Tropical Data Centre Testbed in Singapore

Schneider to provide energy management solutions on top of the investment
Tropical climates add extra complexity in maintaining controlled cooling for data centres

Schneider Electric is investing US$875,000 (RM4 million) to collaborate with the Sustainable Tropical Data Centre Testbed (STDCT) – Asia’s first-of-its-kind data centre testbed specifically designed for the tropical climate. The…Continue Reading

Asia Mobiliti appointed to run DRT services under Selangor Mobility

Demand-Responsive Transit incorporated into state’s public transport network
State may up Selangor Mobility’s funding (US$5.2m in 2023) in its 2024 budget

Malaysian based mobility-as-a-service company, Asia Mobility Technologies Sdn Bhd has been appointed by the Selangor state government to provide Demand-Responsive Transit (DRT) services in four localities in the state under the…Continue Reading

Gartner: “AI will be recognized as a primary economic indicator of national power”

(With) enough GPUs & electricity, you have the ability to make unlimited amounts of talent
Organisations failing to address AI anxiety could face up to 20% higher rates of turnover

Research and advisory firm, Gartner, has released new predictions spotlighting the role of Artificial Intelligence (AI) and how it will change the workplace and…Continue Reading

Singapore based fintech Triple-A raises USm series A

Peak XV Partners, formerly known as Sequoia India & amp, South East Asia, is the leading investor.To improve the world pay system by fusing blockchain and nbsp with conventional finance,Triple-A, a provider of digital currency payments, has announced its US$ 10 million( RM47.8 million ) Series A funding. Leading tech investors…Continue Reading