Chapter I
The Fusionex Success Story
How a Malaysian data company grew from a 2005 start to national projects.
A founder with a global grounding
Ivan Teh worked with Intel and Hewlett-Packard in the United States, then Accenture in Malaysia, before founding his own company Digital News Asia (opens in a new tab).
The start in 2005
He founded Fusionex in Malaysia in 2005 ivan-teh.com.my (opens in a new tab). The company concentrated on data analytics and artificial intelligence and grew largely on customer revenue Malay Mail (opens in a new tab).
Recognition from the industry
IDC named Fusionex a Major Player among Asia Pacific big data and analytics platforms BusinessToday (opens in a new tab), Gartner shortlisted it for its data platform Business Wire China (opens in a new tab), and MDeC named it a Centre of Excellence in its National Big Data Analytics Innovation Network Fusionex News (opens in a new tab).
National projects
Fusionex and the Malaysian Palm Oil Board announced plans for a smart palm oil mill in Pahang Utusan Malaysia (opens in a new tab), and MATRADE and Fusionex unveiled a digital trade platform for Malaysian exporters MATRADE (opens in a new tab).
Common questions
How did Fusionex start?
Ivan Teh founded it in Malaysia in 2005.
How was Fusionex funded?
Largely by customer revenue rather than angel or venture investment.
What projects is Fusionex known for?
A smart palm oil mill planned with the Malaysian Palm Oil Board and a digital trade platform with MATRADE.