Malaysian startups use artificial intelligence solutions – Wired PR Lifestyle Story
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[This is a sponsored article with Cyberview.]
Earlier this year, Cyberview Living Lab Accelerator (CLLA) It went from the Venture-Building Accelerator model to the Demand Led Accelerator model, adapting to the impact of the pandemic.
Note: Cyberview is a Tech Hub developer, leading the development of Cyberjaya.
This means that CLLA now hires and markets startups that can solve specific problems. To this end, it has focused on several areas: Artificial Intelligence (AI), Retail Technology and Intelligent Health.
It hired 5 startups for its 16th cohort, and we spoke to 3 of them who have taken over AI in various sectors in Malaysia.
In favor of a cleaner Malaysia
A smart city should also be a clean city with good recycling practices. Klean It is a company that offers a network of reverse vending machines via AI, which allows users to leave empty plastic containers for points (container 1 = 10 points).
The collected points will be displayed in the Klean app and users can exchange them for various rewards such as Touch ‘n Go eWallet credit, Shell Bonuslink points and Genting theme park rides.
On the outside, Klean’s reverse vending machines look like any other, but inside their trunks is the company-owned AI system that knows the type and brand of packaging.
Based on this data, the machines can accept or reject the container. But the value of AI extends from there.
In 2018, The Coca-Cola Company set a goal Collect and recycle 100% of the bottles and cans it sells by 2030. That’s part of a commitment to reduce the dumping of containers in oceans and landfills.
Dato ‘Dr Nicholas Boden, co-founder of Klean, told the Vulcan Post: “[Klean’s] the data is essential for a company like Coca Cola to know with a very high level of accuracy how to return how many containers our system collects. ”
“For other companies, AI data allows for the publication of highly reliable environmental, social and governance (ESG) data on the savings of CO2 saved and the impact of their ESG investments, which is a requirement for Malaysian listed companies.”
To expand the reach of its machines, Klean aims to:
- City Councils,
- Retailers like Lotus (which runs Tesco Malaysia),
- Gas stations like Shell and PETRONAS,
- PET bottle manufacturers like Coca Cola and F&N,
- Food distribution companies like Grab, and
- Other multinational companies (MNCs) directly or indirectly involved in the production of plastic waste, specifically plastic packaging.
To date, CLLA has assisted Klean in many aspects of its business, from branding to leadership and strategy.
To achieve more efficient growth in e-commerce
Meanwhile, the complete business platform for SME growth solutions, Dwebly, Highlighted the network opportunities provided by CLLA. The team was able to connect with people with the same thinking and also learned the perspectives of players from other industries.
The above advantages were when Dwebly did not hesitate to apply to CLLA for an accelerator to access, in addition to being tenants in CoInnov8 (Cyberview’s coworking space).
Farah described his business as a headless commercial software-as-a-service (SaaS) platform. He believes it is something new in the market that solves the past complaints of SMEs.
“You had to choose a custom platform [that] more time is needed to develop, or use an easy and immediate platform [while] sacrificing the ability for personalization and integration, ”he shared.
With Dwebly’s headless trading solutions, SMEs have full control of their e-commerce websites and don’t have to worry about switching platforms as they scale to meet their new needs.
For now, Farah shares that Dwebly has not yet properly implemented IA in its solutions, but the plan is to create an algorithm that will help business owners predict better campaign strategies, accurate marketing, effective product and order management, and other solutions that drive which allows some. saving growth costs.
Farah stressed the importance of AI for Dwebly, saying, “More data information can really help our customers plan and adjust their business operations. However, implementing AI alone can cost a ton.”
“That’s why we plan to manage our customer data and make it available for part of the cost.” To date, Dwebly is still collecting data in 2023 to expand its targeted AI algorithm.
To transform a traditional automotive industry
In fact The hive, AI is key to creating a beneficial ecosystem for Malaysian car detail services.
The HIVE app shows users the nearest car detail stores, which they can then book through the app. Instead of leaving cars in the store, HIVE can also send a caretaker to do user work.
While waiting for the car to be ready, users can use the vouchers and offers from participating F&B brands for HIVE prizes, and the app will notify them when the car is ready.
Amirol, founder of HIVE, said: “We have developed our own AI to capture the domain knowledge of our marketers, who are experts in this industry. The idea is to make our users’ experiences compatible and [have added] value compared to traditional local experiences ”.
“We believe that Malaysians have an active and busy lifestyle, so we rely heavily on AI for the commitment of our customers, where we want to make the journey our users make with us faster, better and more valuable.”
Regarding his experience at CLLA, Amirol said, “Cyberview and Finnext Capital have delivered beyond our expectations. The team has helped us open several doors in collaboration, business and networking to strengthen our position in the market.”
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To date, CLLA has raised more than RM 87 million in investments, generated revenues of more than RM 218 million and created more than 550 jobs with partners and program managers.
Shafinaz Salim, head of the Technology Hub Development Division at Cyberview, said, “The goal of the CLLA program has always been to provide a marketing platform for startups specifically to access the market through investor financing and corporate access, both of which will allow the cohort to grow more and faster.” .
To this end, they have introduced a set of tools in CLLA that will give startups a competitive advantage to have a lasting impact on the market, the community and the environment.
These Intel-based startups still have a long way to go before the program ends, and Cyberview is well-equipped to help with the entire journey.
- For more information about the Cyberview Living Lab Accelerator (CLLA) program, click here here.
- Learn what we’ve written about Cyberview in the past here.
Featured Image Credit: Dwebly / HIVE
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