Top Artificial Intelligence And Machine Learning Companies in Malaysia

The AI and machine learning industry in Malaysia has been experiencing rapid growth in recent years, with key statistics from 2022 indicating a positive outlook for the sector. In this article, we will explore the factors contributing to the industry's growth and success, including government initiatives, and examine the key trends, challenges, and future outlook for the sector.

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CompanyHeadcountContactDescriptionDecision Maker
360DIGITMG MALAYSIA24 +60 3-2092 9488
info@360digitmg.com

We are 360 DigiTMG, one of the worlds leading training institutes. With world headquarters in the USA and presence in Malaysia, UK, MiddleEast, Asia, Australia and Netherlands, we add a holistic, global market perspective to our curriculum. We offer a wide choice of industry-specific, as well as globally reputed certification courses in Data Science, Artificial Intelligence & Deep Learning, Data Visualization, Big Data, IoT, Project/Program, Management, ITIL, Agile and Six Sigma to name a few. Our experienced, hand-picked faculty have trained more than 20,000 professionals across the globe.We achieve this by providing an amalgam of Classroom and Online instructor-led trainings, E-learning, simulation tests and other innovative methods. This combination of online and in-person classes makes for a flexible learning environment.

CHENG HUA ENGINEERING WORKS SDN BHD159 +65 3129 1833
info@chenghua-m.com

Cheng Hua is a global leading supplier of integrated material handling technology. Established in 1967, Cheng Hua as one of global leading material handling solution provider with more than 500 highly talented employees, all with one goal in mind; to provide customers with the best solution to their supply chain. We have established a global reputation and recognised as one of the trusted solution provider in material-handling all around the globe. A career at Cheng Hua is more than just a job – it is a long-term relationship, a challenge and it is a chance to develop with others all around the globe. At Cheng Hua, we understand and value all our employees on all levels; our success comes from the talents, loyalty and dedication of over 500 employees from Cheng Hua Malaysia, Shanghai Jia Cheng, Cheng Hua Thailand, Cheng Hua India and Cheng Hua Indonesia. Over the 50 years, we have achieve so much together from the skills, talents and most importantly the unyielding determination to…

FUSIONEX GROUP534 +65 6955 7822
au.info@fusionexgroup.com

Fusionex is a global, multi-award winning data technology provider with a strong worldwide presence. Fusionex works with many fortune 500 clients in the United States, Europe as well as the Asia Pacific region, bringing innovative and breakthrough ideas and solutions to its clients. Fusionex specializes in Analytics, Big Data, Machine Learning and Artificial Intelligence, and is the only ASEAN based company with a complete and user friendly Big Data Analytics product that has been successfully commercialized. Fusionex is currently one of the largest, fastest growing technology companies in the region.

INFO TREK PENANG CENTRE1 +60 13-833 7318
techcenter@info-trek.com

Incorporated in 1996, Info Trek has the experience of over 20 years in providing training and learning solutions. Our mission is to become the business partner of our customers by enhancing their staff competencies and competitiveness through solid training plan. We aim to transform companies from good to great through result-oriented training programs. We offer high quality training, certified programs, project consultancies, project monitoring advises, as well as customized in-house training programs.

AONIC (FORMERLY POLADRONE)100 +60 3-5626 0001
hello@aonic.com

Founded by a team of engineers, Aonic (Formerly Poladrone) is an all-in-one drone solutions provider for enterprises that are looking to modernise and streamline their operations workflow. A staple in the commercial drone industry, Poladrone is rapidly expanding beyond the skies and later rebranded into what we are today – Aonic, demonstrating our commitment to our clients to provide them with a holistic ecosystem beyond our core drone capabilities.

KIDOCODE139 +60 12-620 2073
info@kidocode.com

We are at Kidocode, strongly believe that we can change our world into a better place by providing the next generation with the knowledge they need to secure their significant involvement in our digital era. We love computer science and we think everyone must learn to program because it teaches you how to think. So we strive to see every single child on this planet know how to program a computer. Kidocode is on a beautiful and meaningful journey to train more kids, parents, and teachers worldwide. Jump on board! KidoCode Sdn Bhd (1133758-X)

GREEN PACKET187 +60 3-2714 6288
enquiries@greenpacket.com

Green Packet is a Malaysian-based technology company. Driven by our massive transformative purpose to ensure that every human must thrive with life-improving digital innovations, our digital offerings enable all our customer segments - consumers, small-medium enterprises (SMEs), enterprises and governments – to create transformative impact to their businesses and lives. Today, its core businesses spread across five strategic business pillars to drive its business growth, namely Digital Services for consumers and SMEs, Digital Platforms for enterprises, Smart Devices, Smart City & Urban Tech for development of technology-enhanced property products and delivery of customised property technology solutions, as well as strategic early- and late-stage investment. Green Packet is also one of the top CPE (Customer Premises Equipment) suppliers in the world, with over 100 customers in 70 countries as well as regional sales and technical teams across 6 continents. With a long list of satisfi…

GOBI PARTNERS101 +60 3-2778 6800
marcom@gobi.vc

Gobi Partners is the most interconnected Pan-Asian venture capital firm with US$1.5 billion in assets under management (AUM) across North Asia, South Asia, and ASEAN. Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets. Founded in 2002, Gobi has raised 15 funds to date, invested in over 320 startups and nurtured 9 unicorns. Gobi has grown to 15 locations across key markets in Bangkok, Beijing, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Riyadh, Shanghai, Shenzhen, Surabaya and Singapore. As a Participant of the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption to ensure long-term value creation and sustainability across our portfolio.

DATAMICRON39 +60 3-2163 3168
info@datamicron.com

DataMicron is a technology company that offers innovative Business Intelligence(BI) and advanced visualization tools. Our products help the worlds leading organizations to remain competitive by managing and improving their Key Performance Indicators (KPIs). Our customers use DataMicrons products for analysis, monitoring, planning and drive successful performance in their business. DataMicrons products can be used strategically on an enterprise-level or leverage as a solution to operational requirements. DataMicrons products under the brand name Performa is selected by HP, Microsoft and Intel as the BEST OF BREED software application in Asia Pacific under the prestigious Keystone Program - for Business Intelligence (BI) and Corporate Performance Management (CPM). DataMicrons Performa offers a comprehensive Business Intelligence suite comprising of BI front-end for OLAP analysis. It is the next-generation tools that enable organization to compete effectively in the dynamic business w…

ORBIX INTERNATIONAL SCHOOLS34 +60 12-678 9255
enquiry@orbix.edu.my

At Orbixs core is the passion and intent of providing high quality, holistic education at affordable prices. With campuses in Muar, Batu Pahat and Klang, all Orbix International Schools employ the world-renowned Cambridge curriculum, as well as the Singapore Maths Syllabus and the nations first comprehensive artificial intelligence (AI) syllabus. Orbix International Schools are bilingual—with English being its primary mode of instruction and Mandarin used as an aid. At Orbix, we combine the best of international education from the West with the academic rigour and structure of the East. We strive always to equip our students with the skills, knowledge and morality to navigate their bright futures. That is the Orbix difference.

CADS - THE CENTER OF APPLIED DATA SCIENCE64 +60 3-7931 2963
engage@cads.ai

Data-driven decision-making is the key to success in the 21st century. CADS.ai leads AI data intelligence solutions that helps businesses improve data literacy, hire and upskill qualified data talent, and develop data-driven strategies. Our Mission: We believe that data is the most valuable asset in the world, and we are committed to helping businesses use data to their advantage. Our solutions are data-driven, innovative, and collaborative. We work with businesses to understand their needs and deliver solutions that meet those needs. Values: Data-driven We believe that data is the foundation of all good decisions, as such we are committed to using data to help businesses make better decisions everyday. Innovative We are always looking for new ways to use data & AI to solve business problems and to being at the forefront of data intelligence innovation. Collaborative We believe that the best solutions are created through collaborations & are committed to working with businesses to…

WAVELET SOLUTIONS SDN BHD85 +60 16-299 1588
sales@wavelet.net

Wavelet Solutions Sdn Bhd was formed in October 2003 to develop, implement and market a web-based ERP system called “Enterprise Management Portal” (EMP).EMP is a cost effective web-based software that runs on open source platform targeted at certain niche market, namely retail chain stores, trading and distribution companies. This solutions has captured some branded customers in a few industries including computer retailers, mobile phone retailers, furniture shops, shoes / footwear company and florist. EMP has already found its way into companies in Malaysia, Shanghai, Hong Kong, Vietnam, Singapore and Brunei. Headquartered in Subang Jaya, Wavelet has been awarded MSc Status by MDEC Malaysia in November 2009. In 2011 August, Wavelet has formed a Joint Venture with Chinese Academy of Sciences (SIAT) to conduct research in multi-agent framework (artificial intelligence), as well as to penetrate the China market.

AERODYNE GROUP490 (blank)
info@aerodyne.group

Aerodyne Group (https://aerodyne.group) is a DT3 (Drone Tech, Data Tech, and Digital Transformation) drone-based enterprise solutions provider, and a pioneer in the use of artificial intelligence as an enabling technology for large-scale data operations, analytics, and process optimization. Aerodyne employs over 800 drone professionals to operate on an unprecedented level in the UAS services sector, having managed more than 560,000 infrastructure assets with 458,058 flight operations and surveyed over 380,000 km of power infrastructure across 35 countries globally. Aerodyne is ranked first in the world by Drone Industry Insights (DII) in its ‘Drone Service Provider Ranking 2021; was named Frost & Sullivans ‘Asia Pacific UAV Services Company of 2019; and is a recipient of the Institute of Engineering and Technology (IET) Malaysias ‘Industry Excellence Gold Award 2019. The companys founder and Group CEO, Kamarul A Muhamed, is EY Entrepreneur Of The Year 2020, EY Technology Ent…

MAXCOMSOFT2 +60 12-620 3527
info@maxcomsoft.com

Maxcomsoft has over 10+ years of experience in the IT industry and being the market leader for mobile application development in South East Asia. Our highly skilled team of in-house developers and state-of-the-art facilities allow for us to not only provide our clients with the highest quality of our services, but also deliver them below market price and in an efficient, and timely manner. Our specialisations include web development, e-commerce, mobile application development, virtual reality (VR), augmented reality (AR), game design, Internet of Things, SaaS, and artificial intelligence (AI). We also provide business consulting services and strategies to cater to your businesses needs with our partner, Arasaka Sdn. Bhd. When business consulting services, marketing services and public relation strategy services are combined with our IT services, it is a stepping stone for your business to reach new levels of an engaged customer base as well as an exponential increase in sales and…

KLIQXE43 +60 12-427 0014
keith.cochrane@kliqxe.com

We are a Salesforce and Mulesoft partner with a focus on the Manufacturing Industry and eco-System. With a presence in Asia and EMEA, we wake up everyday with the goal of improving customer experiences and guiding our clients through digital transformation and continuous improvement.

AGMO ACADEMY3 +60 11-2070 0016
hello@agmoacademy.com

Agmo Academy is an academy arm of Agmo Holdings Berhad where we have various teams of expertise which enable us to provide industrial experience trainings, understanding of cutting-edge technology and identify market needs.

PUC BERHAD47 +60 3-7651 0188
info@puc.com

PUC Berhad was incorporated in Malaysia on 3 November, 1997 and was listed on the ACE Market of Bursa Malaysia Securities Berhad on 8 April, 2002. Throughout the years, PUC and its subsidiaries have built a solid foundation in integrated media services and payment solutions. In mid-2007, the Group embarked on a digital business journey. Today, the Groups digital services include financial technology related services, new media, eCommerce, mobile payment, digital imaging, and artificial intelligence. These continuous efforts are in line with the Groups vision to be a world-class homegrown digital lifestyle service provider. For more information, visit www.puc.com.

INNOVATION ASSOCIATES CONSULTING131 +60 3-2714 6105
enquiries@theiac.com

We are a leading player in management consulting, technology and talent management with deep experience in helping companies to grow, expand and transform. Professionally managed by former partners of global consulting companies with a team of 180 experienced consultants and industry specialists, we strive to be a competitive player in the market backed by over 10 years of client engagement in both public and private sectors.

JURIS TECHNOLOGIES281 +60 3-2723 8699
contact@juristech.net

“Create amazing solutions, to build and enrich lives.” JurisTech is a leading Malaysian-based fintech company, specialising in enterprise-class software solutions for banks, financial institutions, and telecommunications companies in Malaysia, Southeast Asia, and beyond. Founded amidst the 1997 Asian financial crisis, JurisTech provides software solutions for artificial intelligence (AI), conversational chatbots, digital customer onboarding, loan origination, credit scoring, loan documentation, litigation, and debt collections. JurisTech has been working with banks and financial institutions (FI) to revolutionise the way financial transactions are made. Our solutions have enabled banks and FIs to transform digitally, providing better customer experience/journey and most importantly, achieving their business goals. We nurture our culture by practising our GECO core values: Growing Heroes, Making Excellence Happen, Customer First, and Opening Up. We believe in investing in employees…

MIMOS BERHAD837 +60 3-8995 5000
info@mimos.my

Connect with us. Like and follow MIMOS @ Facebook & Twitter /mimosmalaysia MIMOS is Malaysias national applied research and development centre. MIMOS contributes to raising Malaysias competitiveness by pioneering market creation for Malaysian technopreneurs through patentable technology platforms, products and solutions.

Top Artificial Intelligence And Machine Learning Companies in Malaysia

Key Statistics from 2022:

The AI and machine learning industry has witnessed rapid growth in recent years, with total revenue in the sector reaching RM 1.9 billion in 2022. This represents a 15% increase compared to the previous year's revenue of RM 1.65 billion. The industry's contribution to the country's GDP has also increased, with the sector now accounting for 0.3% of Malaysia's total GDP. The industry has also contributed significantly to employment, with over 20,000 people working in the industry as of 2022.

Factors Contributing to Growth and Success:

Several factors have contributed to the AI and machine learning industry's growth and success in Malaysia. One of the key drivers of growth has been the government's efforts to promote the industry through various initiatives. For example, the government has established research and development centers to develop and commercialize AI and machine learning technologies.

The government has also implemented policies to encourage the growth of the AI and machine learning industry, providing financial assistance and other incentives to local companies. This has resulted in the establishment of several local companies, which have helped to boost the industry's growth and competitiveness.

Industry Growth and Comparison to Previous Years:

The AI and machine learning industry in Malaysia has been growing rapidly in recent years, with a compound annual growth rate of 18% from 2017 to 2022. The industry can be divided into several segments, including software and platform development, hardware manufacturing, and service providers. The software and platform development segment is the largest of the segments, accounting for over 50% of total revenue in 2022.

Compared to the previous year, the industry's overall revenue grew by 15% in 2022. The software and platform development segment witnessed the highest growth, with revenue increasing by 17%, while the hardware manufacturing and service providers segments grew by 13% and 12%, respectively.

Key Trends:

Technological disruptions have been a major trend in the AI and machine learning industry in Malaysia, with many companies adopting digital solutions to improve their operations and customer engagement. For example, many companies have implemented machine learning algorithms, enabling them to automate tasks and improve their decision-making processes. Others have invested in natural language processing and computer vision technologies to improve their products and services.

Another trend in the industry is the growing demand for AI and machine learning services in various sectors, such as healthcare, finance, and retail. This trend is being driven by the increasing need for personalized and efficient services, and many companies are responding by offering new services, such as personalized healthcare recommendations and advanced fraud detection systems.

Challenges:

Despite the industry's positive growth and outlook, there are several challenges that could impact its future performance. One of the major challenges is the shortage of skilled talent, which could limit the industry's ability to innovate and expand its operations. Additionally, the high cost of developing and implementing AI and machine learning solutions could limit the industry's growth and competitiveness.

Another challenge is the potential ethical and legal implications of AI and machine learning technologies, which could impact their adoption and acceptance by customers and regulators.

Future Outlook:

However, the industry's future outlook remains positive, with several factors indicating continued growth and success. The government's continued support for the industry, through initiatives such as research and development centers and financial assistance for local companies, is expected to boost the industry's growth and competitiveness.

Furthermore, the growing demand for AI and machine learning services presents an opportunity for the industry to diversify and cater to a wider range of customer needs. This could help to attract new customers and improve the industry's revenue.

Conclusion:

In conclusion, the AI and machine learning industry in Malaysia has been experiencing rapid growth in recent years, with key statistics from 2022 indicating a positive outlook for the sector. Government initiatives, such as research and development centers and financial assistance for local companies, have been key drivers of growth and competitiveness in the industry.

Technological disruptions and the growing demand for AI and machine learning services in various sectors are among the key trends in the industry, presenting opportunities for companies to improve their operations and offer new products and services.

While challenges such as the shortage of skilled talent and the high cost of developing and implementing AI and machine learning solutions remain a concern, the industry's future outlook remains positive, with continued support from the government and opportunities for growth and diversification.

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By Melissa Goh
Published on 14 May 2023