26 Mar 2021
Golden touch investment bank appoints TM One as its preferred digital partner
- GTI Bank adopts blockchain technology for enhanced security and efficiency in a bid to provide best-in-class services to its diversified clientele base.
- TM One to provide cloud hosting, cloud managed services, professional services and cybersecurity solutions to support GTI Bank's BlockChain System.
TM One, the enterprise and public sector business solutions arm of Telekom Malaysia Berhad (TM), today signed a Memorandum of Understanding (MoU) with Golden Touch Investment Bank Ltd (GTI Bank), for the appointment of TM One as the preferred digital partner to accelerate the bank's digital transformation. Under this partnership, TM One will be providing cloud hosting and cybersecurity services for GTI Bank to digitalise its service offerings for a better customer experience.
The MoU was signed by Tan Sri Lee Kim Yew, Founder of GTI Bank, while signing on behalf of TM One was Ahmad Taufek Omar, Executive Vice President and Chief Executive Officer of TM One.
At the signing ceremony, Ahmad Taufek said, "TM One is happy to announce this alliance with GTI Bank and ready to deploy our professional and support services, from migration to maintenance of the end-to-end cloud solution. We have the expertise and capabilities to accelerate the digital transformation journey of our enterprise customers across multiple industry verticals, including banking. Our TM One Cloud α (pronounced as Cloud Alpha) and secure, robust cybersecurity capabilities powered by TM's Global Security Operation Centre (GSOCs) are set to support GTI Bank's BlockChain System. This will enable the bank to deliver a simpler, faster and more convenient banking experience to its end customers."
"We understand that it is important for every blockchain users from different countries to be able to access the system without resistance. Our cloud solutions hosted on a high resiliency Data Centre, which is globally certified with Uptime Tier III standards, will minimise system downtime and ensure 24x7 business continuity for GTI Bank. The solutions will meet the bank's need for resilient cloud services and address customer's security, privacy and compliance requirements. This befits our role as the sole Malaysian Cloud Service Provider (CSP) under the MyDIGITAL – Malaysia Digital Economy Blueprint (MyDIGITAL)," added Ahmad Taufek.
Meanwhile, Tan Sri Lee said: "The potential of blockchain is enormous as we see more opportunities are emerging from this innovative technology. The world is now embracing digital technology at a pace faster than ever before, particularly in the banking and finance business. We are pleased to have TM as our digital partner as it would provide more confidence to our clients on the security and stability of the system."
"The strategic move of GTI Bank is also aligned with the MyDIGITAL Blueprint launched by the Prime Minister YAB Tan Sri Muhyiddin Yassin. We will help to create an effective digital ecosystem by leveraging on the full advantage of blockchain technology to propel the nation towards achieving a digital economy," added Tan Sri Lee.
This strategic collaboration combines the strength of both companies to enhance the digital initiatives, focusing on blockchain and platform technologies using cloud services, secured via cybersecurity solutions.
For further information on TM One, visit www.tmone.com.my and for more info on GTI Bank, visit www.bankgti.com
YOU MAY ALSO LIKE
TM One and UMW sign Memorandum of Intent to embark on co-development of digital solutions for industries in Malaysia
TM One, the business solutions arm of Telekom Malaysia Berhad (TM) and UMW Corporation Sdn. Bhd. (UMW) today signed a Memorandum of Intent (MoI) on a strategic partnership to develop digital solutions aimed at enhancing and empowering Industrial Revolution 4.0 (IR4.0) requirements for industries in Malaysia, making it more productive, agile and future-ready. The MoI was signed by Badrul Feisal bin Abdul Rahim, President & Group Chief Executive Officer, UMW Holdings Berhad on behalf of UMW Corporation Sdn. Bhd. and Dato' Noor Kamarul Anuar bin Nuruddin, Group Chief Executive Officer, TM representing TM One. Also present to witness the ceremony was Tan Sri Dato' Sri Hamad Kama Piah bin Che Othman, Group Chairman, UMW Holdings Berhad and Rosli bin Man, Chairman, TM. Through this partnership, TM One and UMW will embark on joint research activities to enable the development of a home-grown Industrial IoT (Internet of Things) platform through the integration of UMW's IoT solution on industrial machines with TM One's IoT Software Platform. "This strategic partnership allows both organisations to further accelerate the implementation of IR4.0. We are now in the era where complementing technological capabilities can help propel businesses to greater heights. UMW is steadfast in its goals to embark on the development of next generation IR4.0 with IoT-enabled industrial solutions. By leveraging on each other's expertise in IoT, we are able to provide innovative products and services to our customers", said Badrul Feisal on the partnership. Meanwhile, Dato' Noor Kamarul said: "With our solid network infrastructure and digital solutions, TM is ready to assist companies like UMW into Industrial Revolution 4.0 (IR4.0). We are proud to be a strategic partner in establishing innovative, smart and end-to-end digital solutions via TM One IoT Software Platform together with UMW for the industry. We believe this partnership will help address the pain points and empower the industry players to optimise their efficiency. As the country's key enabler for communications and digital infrastructure, we are committed to deliver integrated business solutions that will fulfil the customers' needs towards empowering Digital Malaysia." UMW and TM One will co-develop an IoT-based digital solutions using respective expertise of the partners; UMW in mechanical machines, IoT sensors and control systems and TM One with its IoT software and analytics. These solutions will be made accessible via the platform's dashboard for UMW's IoT-enabled equipment and machineries such as generators, compressors, pumps, turbines and others which will benefit multiple industries such as Energy and Utilities, Transportation, Real Estate, Commercial and Public Sectors amongst others. The eventual combined UMW-TM IoT solution will provide remote access to machines through real-time monitoring and management system as well as optimise asset management including fleet management, energy management, utilisation and disaster management. Through this collaboration, both parties will leverage on each other's strengths to create greater value and support the growth of Malaysia's technological capabilities.
TM One poised to offer comprehensive data centre capacity and data sovereignty for the government’s digital transformation
As the sole local CSP, TM One will ensure data sovereignty and greater trust, privacy and security in the migration and storage of Government and citizen data With the Malaysian Government’s Cloud Framework Agreement (CFA) formalised, the appointed Cloud Service Providers (CSPs) and Managed Service Providers (MSPs) must now demonstrate their strategic offerings to potential clients. Anticipating the extended capabilities needed to implement the Government’s strategic shift to cloud, TM One, the enterprise and public sector business arm of Telekom Malaysia Group (TM), continues to expand its data centre portfolio. Furthermore, as the sole local CSP, TM One’s established in-country data centres, infrastructure and services ensure that all operations and transactions are independent of foreign regulations or third-party policies and requirements – which imparts greater agility and trust in the migration and supervision of Government and citizen data. Imri Mokhtar, Group Chief Executive Officer of TM said, “As Malaysia’s leader in end-to-end cloud and data centre services, we are committed to strengthening our digital offerings to meet the Government’s MyGovCloud requirements. Investing into the growth of our data centres will enable us to manage the volumes of public data throughout and after the migration process. Our locally-based infrastructure and cloud services also enable us to support the unique needs of the Malaysian Government, especially on data sovereignty.” With several carrier-neutral data centre facilities in Malaysia and one in Hong Kong that operate as multi-cloud providers for various hyperscalers, TM One is on course to launch its tenth centre, which will be a Tier III/Rated 3 Data Centre, anticipated to be unveiled in Q3 2022. With no less than 3MW of power and the ability to accommodate 700 equipment racks, this data centre will aim to improve power efficiency through its cooling system design which runs on modular air-cooled chillers. Across the board, TM One continues to strive towards achieving lower Power Usage Effectiveness (PUE) while meeting the SLA of the customers. Similar to TM’s other globally certified hyperscale data centres in the Klang Valley, Iskandar Puteri and Brickfields, this new centre will also conform to security standards and certifications including ISO27001, PCI DSS, DCRA and TVRA which will safeguard the Government’s data and assets. Shazurawati Abd Karim, Executive Vice President of TM One said, “This latest edition to TM One’s data centres will include enhanced data security capabilities through TM One’s Cyber Defence Centre (CYDEC), addressing the Government’s potential risk areas including cybersecurity, compliance, privacy, ethics and social responsibility. To facilitate the transformative journey of individual Government agencies, TM One’s Professional Services team, along with our partner MSP, Cloud Connect, will work closely with these agencies on Cloud Design Planning, Migration Services, and Workload Optimisation Services, customising the solutions and experiences to the unique needs of each agency.” Cloud Connect, a local cloud broker and software engineering company will partner with TM One as its dedicated MSP. Having worked with service providers, enterprises, small-and-medium businesses, as well as Government agencies for a decade, Cloud Connect has a proven track record of implementing multiple enterprise integration projects, bringing together the right people, processes, and technological capabilities. This makes Cloud Connect the perfect fit to deliver TM One’s end-to-end cloud infrastructure and services to Government institutions in their transformation journey. Also addressing the importance of data residency, locality and sovereignty in the MyGovCloud endeavour, Shazurawati explains, “Our hyperscaled and intelligent cloud solutions and data centre facilities are governed by the laws of Malaysia, which guarantees data sovereignty and privacy for the Malaysian Government and its citizens. This removes the need and risk of foreign laws and policy intervention or inclusion, ensuring data privacy and security, while enabling greater flexibility and agility in Government services. “With our deep understanding of the Malaysian landscape and a full suite of established services and infrastructure, we are confident that our infrastructure, solutions, and partnership with Cloud Connect will enable the Government to reach their next advantage, today and tomorrow,” she concluded.
TM One shifts to higher gear with the launch of its 10 transformative smart solutions
The Smart Industry Showcase testament of TM One’s capabilities to accelerate Digital Nation aspirations TM One, the enterprise and public sector business solutions arm of Telekom Malaysia Berhad (TM), reaffirms its commitment to catapult Malaysian industries moving towards Industrial Revolution (IR) 4.0 with the launch of its ten (10) transformative smart solutions. The smart solutions were launched by Imri Mokhtar, Chief Operating Officer, TM in conjunction with TM One's Smart Industry showcase today. Also present at the event were Ir. Ts Azizi A. Hadi, Chief Executive Officer, TM One and TM One's management team. Imri also officially launched the Smart Industry Showcase which took place at Menara TM, for two (2) days, from 21 and 22 August 2019, carrying the tagline "Transformation Through Intelligence", and gives visitors to experience first-hand TM One's IoT capabilities in a real industrial and smart city setting. Speaking at the launching ceremony, Imri said, "Today, TM through TM One marks an exciting milestone in boosting Malaysia within the Industrial Revolution 4.0, with the launch of our 10 transformative smart solutions. We are thrilled to bring to the market, these 10 smart solutions to enable your aspired digital and business transformation. Continuously developing and delivering digital solutions enabled by IoT, Big Data Analytics and AI, we will fulfil the dynamic needs of the various industry in today's hyper-connected ecosystem." "TM One's Smart Industry Showcase is an avenue for TM to demonstrate that we are truly the enabler of Malaysia's Digital Nation aspiration – enabling a more Digital Society, Digital Business and Digital Government – with the digital solutions and connectivity services that we provide. Living up to 'customers as our true north', the 10 smart solutions showcased today was developed with our customers, through a deep understanding of your needs, addressing your pain points, and enabling you to optimise your efficiency towards maximising profits. TM is committed to deliver an integrated business solution that will fulfil your needs, especially in a digitally-connected environment. At TM, we believe in a Digital Malaysia that is driven by smart cities and smart industries, and we are proud to showcase today that we are at the forefront of Malaysia's digital transformation journey," he added. Meanwhile, Ir. Ts. Azizi said, "With the launch of the 10 transformative solutions or 10T, we are continuing our journey with an expanded portfolio of smart solutions that will create greater value for our Enterprise and Public Sector business customers across all our seven (7) verticals to transition into IR4.0." The 10 transformative smart solutions, or 10T, comprise four (4) clusters – Connected City and Living Solutions, Connected Factory Solutions, Connected Utilities Solutions and Connected Agriculture Solutions. The solutions are: Connected City & Living Solutions are designed to help city planners, township developers and communities build better and connected cities to improve quality of lives via: Smart Home Solutions Smart Building Management Solutions Smart Street Lights Solutions Smart Parking Solutions Smart Traffic Lights SolutionsConnected Utilities Solutions will capture water data featuring near-real time pipeline monitoring, water quality and water level sensing to optimise and safeguard water supply via: Smart Water Management SolutionsConnected Agriculture Solutions are designed to address low farming efficiency and improve quality of agricultural products through real-time data collection and analysis of farming parameters via: Smart Aquaculture Solutions Smart Hydroponic SolutionsConnected Factory Solutions ensure workforce safety, improve delivery times and reduce maintenance cost via: Smart Genset Sensor Solutions Smart Forklift Solutions "What differentiates us from other smart services providers in the market is our complete end-to-end infrastructure in our Hyperconnected Ecosystem. The complete elements in the ecosystem enable our customers to collect, store, process and analyse data, powered by Artificial Intelligence (AI) to produce valuable insights, so they can address their pain points and subsequently deliver the best experience for their customers," Azizi added. TM One's Hyperconnected Ecosystem comprises data centre and cloud services; Internet of Things (IoT) and Big Data Analytics Platform; Integrated Network & Cyber Security Monitoring & Management Centre; and Robotic Process Automation (RPA). Apart from the launch and demonstration of the 10T solutions, the Smart Industry Showcase also features TM One's Integrated Operations Centre, Data Centres and Cloud services, Connected Workforce Solution and Robotic Process Automation capabilities, as well as virtual reality and robotics demonstrations. For more information on TM One and its products and service offerings, visit www.tmone.com.my.
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!