Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 26 June 2024, 22:50 HKT/SGT
Share:
    

Source: Systech Berhad
Systech Signs Collaboration Agreement with EH Integrated Systems to Operate AI Data Centre and Provide Generative AI Digital Solutions

KUALA LUMPUR, June 25, 2024 - (ACN Newswire) - Systech Berhad (“Systech”), a deep-rooted digital corporate solutions provider, is pleased to announce the signing of a Collaboration Agreement (“Agreement”) with EH Integrated Systems Sdn. Bhd. (“EISSB”), a company specialises in the provisioning of industrial-grade servers and storage solutions. This strategic partnership aims to advance the establishment and operation of AI data centres and provide Generative AI digital solutions in Malaysia.

Dato' Derrick Hooi, Executive Director of Systech Bhd; Mr. Sim Chin Yee, Director of EH Integrated System Sdn Bhd. [L–R]

Dato Philip Ng, Executive Director of Systech Berhad; Dato' Derrick Hooi, Executive Director of Systech Berhad; Mr Sim Chin Yee, Director of EH Integrated System Sdn Bhd; Mr Lee Yong Hou, Business Manager of EH Integrated System Sdn Bhd. [L–R]

EISSB, known for its expertise in providing high-performance computing infrastructure and a SuperMicro distributor, is committed to work closely with Systech to integrate innovative technologies and solutions that support efficient and secure high performing AI data centre operations. This collaboration marks a significant milestone towards strengthening Malaysia's digital transformation and meeting the growing demand for powerful computing power to handle large-scale processing tasks, such as Generative AI digital solutions.

Under this Agreement, Systech will focus in operating AI data centre, hosting and deploying applications and software via the computing power of AI data centre. This includes designing, coding, testing, and maintaining software to ensure compatibility with EISSB’s infrastructure and achieving optimal performance for the Project. Whereas EISSB’s responsibilities include design, implementation and monitoring of the data centre infrastructure, such as storage systems, networking, and cooling systems. Together, Systech and EISSB aims to jointly operate the data centre and provide generative AI computing solutions for the customers.

Executive Director of Systech Berhad, Dato’ Derrick Hooi commented, “This partnership represents a pivotal move in our strategic growth plan. By leveraging our expertise in Internet of Things (“IOT”), Digital Transformation and Automation and Cybersecurity, and with the support of EISSB high-performance AI data center infrastructure, we are poised to deliver superior Artificial Intelligence (“AI”) data centre and AI digital solutions that will enhance our service offerings and drive our expansion into new markets. We look forward to a successful collaboration that will unlock potential of both companies”.

Mr. Sim Chin Yee, Managing Director of EH Integrated Systems, added, “We are thrilled to join forces with Systech in this venture. Our expertise in high-performance computing and custom software development, combined with Systech’s capabilities in system integration and cybersecurity, we will not only meet the increasing demands for data processing and storage but also drive the advancement of Malaysia’s digital ecosystem.

As at 5:00 P.M., 24 June 2024, the share price of Systech Berhad closed at RM0.44, representing a market capitalisation of RM283.6 million.

Systech Bhd [SYTC MK][SYSTECH MK], https://systech.asia




Topic: Press release summary
Source: Systech Berhad

Sectors: Daily Finance, Cloud & Enterprise, Daily News, Artificial Intel [AI]
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Predictive Heart Monitoring Startup, GPx, Secures New Investment From NEC X; Joins Elev X! Boost Venture Studio Program  
Wednesday, November 13, 2024 11:05:00 AM
NEC receives order for next-generation supercomputer system from Japan's National Institutes for Quantum Science and Technology and National Institute for Fusion Science  
Wednesday, November 13, 2024 10:16:00 AM
RCBC Partners With APIwiz to Launch Digital 2.0 Marketplace for Pioneering the Future of Financial Service Distribution  
Nov 13, 2024 10:00 HKT/SGT
Global Blockchain Show 2024: VAP Group to Host the Ultimate Blockchain Season Finale   
Nov 13, 2024 08:12 HKT/SGT
All-New Triton Wins Special Award at the RJC Car of the Year for 2025  
Tuesday, November 12, 2024 9:09:00 PM
U.S. Polo Assn. Announces an Exclusive Capsule Collection with His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India  
Nov 12, 2024 20:00 HKT/SGT
Toyota: HySE to participate in the Dakar 2025 "Mission 1000 ACT2" with the HySE-X2, to tackle further technical challenges  
Tuesday, November 12, 2024 7:04:00 PM
AuGroup Landed on the Hong Kong Stock Exchange 'The First Share of Furniture Going Overseas'  
Nov 12, 2024 18:29 HKT/SGT
NEC participates in COP29 climate change conference  
Tuesday, November 12, 2024 6:25:00 PM
VOY Finance Partners with GDA Capital to Accelerate Growth and Innovation in DeFi Trade Finance  
Nov 12, 2024 16:05 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: