Fusionex Drives Digital Insurance Initiative For Major Insurance Player

Fusionex, a multi-award-winning, leading data technology provider specializing in Analytics, Big Data, Machine Learning, and Artificial Intelligence (AI), has commenced a digital insurance initiative for leading Takaful insurance company STMB. Takaful Malaysia’s online sales portal “Click for Cover” was launched at a grand ceremony and signalled the digital transformation of their business processes with Fusionex technology. The launch ceremony was officiated by Datuk Seri Johari Abdul Ghani, Finance Minister II, and marked the beginning of a seamless customer experience in purchasing and renewing insurance policies online via data-centric approach.

Leveraging Fusionex technology, Takaful’s digital insurance initiative is able to help customers process their applications, issue quotations, perform underwriting, send cover notes and e-documents via a customer-focussed and seamless online platform. The platform focuses on providing the best service to its customers, with the ability to understand each customer in a more personalized way. This is in line with Takaful’s strategy of reaching out to its prospects and customers anywhere, anytime and anyhow, while having the ability to introduce newer products and targeted features that their customers will find more useful and relevant to their specific needs.

The launch also witnessed the signing of a memorandum of agreement between Fusionex and Takaful, as well as signings between Takaful and Remark, a digital marketing company. Collaboration agreements for online distribution with Lembaga Tabung Haji (LTH) and Bank Islam (BIMB) were also signed to introduce online Takaful products to depositors of LTH and customers of BIMB.

Fusionex Group CEO Dato’ Seri Ivan Teh said, “Innovation needs to be at the core of businesses, as this differentiates the leaders versus the followers. Today, we are pleased to witness Takaful Malaysia making great strides in this direction. Fusionex is delighted to be a key partner in Takaful Malaysia’s exciting digital transformation journey, and we are confident that this initial success will lead to many more success stories with Takaful Malaysia.”

Takaful Malaysia Group CEO Dato’ Sri Mohamed Hassan Kamil said, “Today’s launch of our digital strategy plan signifies our commitment towards revolutionizing the way we will grow our business by digitally transforming our sales and operations. By embracing digital tools and technology to offer up differentiated product offerings and services, we will delight our customers with a better user experience, enhanced protection products and high quality service. Our customers will benefit from an integrated multi-channel experience and this is part of our ongoing efforts to stay ahead of the curve.”

Datuk Seri Johari Abdul Ghani, Finance Minister II stated, “Today’s launch of Takaful Malaysia’s digital strategy is very much in line with the overall digital strategy outlined by the Government in growing the digital economy.”

Ivan Teh

The “Click for Cover” portal, which is powered by Fusionex technology, provides a data-centric, easy-to-use interface for customers to access the company’s products online with e-payment facilities and real-time underwriting capabilities. “Click for Cover” has the first fully integrated medical underwriting engine online in Malaysia where rating decisions will be generated online. Currently, the portal offers Motor, Personal Accident (PA) and Medical products. More products such as Term Life, Critical Illness and Travel PA Takaful will be made available later this year.

Dato’ Sri Hassan Kamil said, “Our strategic partnership with Fusionex and Remark is in line with our business goals to make our digital strategy the key driver of our innovation efforts, thereby boosting our competitiveness and powering future growth.”

Dato’ Seri Ivan Teh commented, “In this data-driven age, embracing data technology is no longer a luxury, but rather a must if one wants to remain relevant and competitive. The ultimate goal of digital transformation is great user experience; hence it’s crucial that we work with our customers to focus on the consumer and the user journey, leveraging powerful technology. We believe that it is only through this lens and a user-centric approach will businesses be able to thrive and scale to greater heights.”

For other related news click here: https://www.businesswire.com/news/home/20180402005416/en/Fusionex-Rolls-Major-Platform-Korean-Mega-Resort

Fusionex Drives Digital Insurance Initiative For Major Insurance Player

KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–Fusionex, a multi-award-winning, leading data technology provider specializing in Analytics, Big Data, Machine Learning, and Artificial Intelligence (AI), has commenced a digital insurance initiative for leading Takaful insurance company STMB. Takaful Malaysia’s online sales portal “Click for Cover” was launched at a grand ceremony and signalled the digital transformation of their business processes with Fusionex technology. The launch ceremony was officiated by Datuk Seri Johari Abdul Ghani, Finance Minister II, and marked the beginning of a seamless customer experience in purchasing and renewing insurance policies online via data-centric approach.
Leveraging Fusionex technology, Takaful’s digital insurance initiative is able to help customers process their applications, issue quotations, perform underwriting, send cover notes and e-documents via a customer-focussed and seamless online platform. The platform focuses on providing the best service to its customers, with the ability to understand each customer in a more personalized way. This is in line with Takaful’s strategy of reaching out to its prospects and customers anywhere, anytime and anyhow, while having the ability to introduce newer products and targeted features that their customers will find more useful and relevant to their specific needs.
The launch also witnessed the signing of a memorandum of agreement between Fusionex and Takaful, as well as signings between Takaful and Remark, a digital marketing company. Collaboration agreements for online distribution with Lembaga Tabung Haji (LTH) and Bank Islam (BIMB) were also signed to introduce online Takaful products to depositors of LTH and customers of BIMB.
Fusionex Group CEO Dato’ Seri Ivan Teh said, “Innovation needs to be at the core of businesses, as this differentiates the leaders versus the followers. Today, we are pleased to witness Takaful Malaysia making great strides in this direction. Fusionex is delighted to be a key partner in Takaful Malaysia’s exciting digital transformation journey, and we are confident that this initial success will lead to many more success stories with Takaful Malaysia.”
Takaful Malaysia Group CEO Dato’ Sri Mohamed Hassan Kamil said, “Today’s launch of our digital strategy plan signifies our commitment towards revolutionizing the way we will grow our business by digitally transforming our sales and operations. By embracing digital tools and technology to offer up differentiated product offerings and services, we will delight our customers with a better user experience, enhanced protection products and high quality service. Our customers will benefit from an integrated multi-channel experience and this is part of our ongoing efforts to stay ahead of the curve.”
Datuk Seri Johari Abdul Ghani, Finance Minister II stated, “Today’s launch of Takaful Malaysia’s digital strategy is very much in line with the overall digital strategy outlined by the Government in growing the digital economy.”

Fusionex
The “Click for Cover” portal, which is powered by Fusionex technology, provides a data-centric, easy-to-use interface for customers to access the company’s products online with e-payment facilities and real-time underwriting capabilities. “Click for Cover” has the first fully integrated medical underwriting engine online in Malaysia where rating decisions will be generated online. Currently, the portal offers Motor, Personal Accident (PA) and Medical products. More products such as Term Life, Critical Illness and Travel PA Takaful will be made available later this year.

Dato’ Sri Hassan Kamil said, “Our strategic partnership with Fusionex and Remark is in line with our business goals to make our digital strategy the key driver of our innovation efforts, thereby boosting our competitiveness and powering future growth.”
Dato’ Seri Ivan Teh commented, “In this data-driven age, embracing data technology is no longer a luxury, but rather a must if one wants to remain relevant and competitive. The ultimate goal of digital transformation is great user experience; hence it’s crucial that we work with our customers to focus on the consumer and the user journey, leveraging powerful technology. We believe that it is only through this lens and a user-centric approach will businesses be able to thrive and scale to greater heights.” https://mystarjob.com/job/company.aspx?eid=20438

Demystifying The DevOps Role: Consider These Solutions Before Beginning The Transitioning Period

Call it the buzzword of the decade, but DevOps has perpetually shifted the way development teams and organizations approach their work. DevOps adoption rose from 66 percent in 2015 to 74 percent in 2016 and when something is popular, there’s always a tendency to ride the rapids and hastily jump on board.

Consequently, many larger companies are incorrectly rushing to adopt the practice for the wrong reasons. They’re searching for ‘experienced DevOps’ or ‘senior DevOps’ partners to join their software teams, and software companies are cashing in on the opportunity by offering tons of DevOps positions to these organizations.

But the thing is, implementing DevOps isn’t as simple as hiring one person or a team of experts. DevOps is a culture that needs to be embraced by the entire organization. It’s a comprehensive, collaborative, and cross-team approach to managing the software development processes that relies heavily on automation and sharing – something smaller startups typically do well at. Once implemented, the culture removes silos and focuses on delivering real value.

So how can you correctly help your team to embrace DevOps if you haven’t implemented it off the bat? Consider these things before beginning the transition:

DevOps is not a role, nor a set of technologies

IT outsourcing - psl corpWe often receive calls from companies, looking to hire DevOps experts to join their teams. But to those of us who work within a DevOps environment, this doesn’t make sense. While companies probably do need their teams to produce within a DevOps culture, it’s clear they don’t understand how the process functions as part of an organization. Because simply put, DevOps is not a role.

It’s almost impossible to hire an outside DevOps team and expect them to magically implement a functioning DevOps environment. Rather, the transition requires a strong cultural shift – with each team member becoming aligned with DevOps collaborative practices and philosophies, and working together to integrate long-separated systems and activities within an organization. So while many seek to hire new DevOps experts, it isn’t actually necessary: companies need to implement the change from within.

There’s no diving into DevOps head first – rather we need to become acclimatized to it inch-by-inch. Just like hiring one expert and expecting the rest of the team to match their level of expertise isn’t realistic, deploying DevOps technologies – or DevOps related tasks – doesn’t mean you’ve implemented DevOps, either. Practices like Continuous Integration (CI), Continuous Delivery (CD), and configuring Docker won’t do your team any good if they don’t truly understand how they function and how they correlate to DevOps processes. You’ll end up with software full of bugs in production or with unstable software and infrastructure, resulting in broken builds. A team needs to first embody the culture before rolling out new technologies.

You can train DevOps champions to oversee adoption

While hiring an outside expert won’t wondrously make an organization value DevOps philosophies, you can train DevOps Champions within your team to help everyone embrace the shift.

Since DevOps advocates a care for software – from conception to production – DevOps Champions thus need to be motivated by customer and business objectives, to help promote a sense of ownership inside the team. They need to be a strong and respected leader – but most of all, be well versed in DevOps culture and understand how it benefits the organization.

So how can DevOps Champions approach the transition? They need to coach the team to understand and implement the core DevOps values: Culture, Automation, Measurement and Sharing (CAMS).

They must work to foster an environment that encourages people to ask questions, cooperate with and learn from each other, and innovate and try new things. They need to teach the team the importance of automation, in order to save time and build consistency, and then measure improvement through data that’s accessible to everyone on the team – that way, there’s a clear understanding of why certain processes need to be changed. And finally, they need to encourage sharing tools to increase efficiency and create a higher level of engagement amongst employees.

Overall, DevOps Champions should encourage developers, quality analysts, business analysts, system administrators, among many other roles, to share a collaborative, iterative and committed approach to their work.

And for added DevOps support, it’s also a great idea to turn to experts or partners in the industry who’ve already made the shift. This allows for transitioning teams to understand the best practices, but also learn from other organizations’ mistakes.

DevOps experts can provide guidance and more specialized skills for larger companies

While everyone needs to understand DevOps processes and value the collaborative approach, not everyone on the team needs to be an expert in DevOps technologies. With complex problems, it’s fine for DevOps Champions to configure the tasks and lead the way. While startups might require less specialized team members – everyone needs to help out with every part of the process as the team is usually more interconnected – bigger teams may require multiple DevOps Champions for complex technical execution and to keep the scope of each project clean.

And here’s the great thing: once the entire team understands the culture, practices and collaboration-based work, the DevOps Champions can move to help other areas of your organization, or they can turn their focus to implementing sophisticated techniques, including ones like autoscaling, complex monitoring and high availability.

While it’s tempting to hire a team of DevOps experts and quickly deploy the technologies, there’s really no cutting corners when it comes to transitioning to DevOps. Implementing cultural change at an organization is no easy feat. But in taking the time to correctly help your team embrace the DevOps culture, one day you’ll turn around and realize that everyone at your organization is in fact, a DevOps Champion.

For more info, please visit https://www.pslcorp.com/it-outsourcing-services-companies/

All Hands on Deck: When to Bring on Extra Help for Your Digital Transformation Makeover

AirBnB recently earned the top spot on CNBC’s Disruptor 50 list, and was estimated to be worth as much as traditional hotel giants Hilton and Hyatt combined. Nowadays, not moving fast enough to embrace a digital transformation can cost even the most well established incumbents a large chunk of their business.

offshore software development - psl corpHowever, the threat of digital disruption is not new. Most Fortune 500 CEOs will publicly affirm their urgency on setting sail on a digital voyage. Yet internally, management often finds itself at odds on how exactly to leverage technology to transform their current business model.

There is no “cookie cutter” checklist to jumpstart a digital transformation. It is a complex journey that requires: 1) a strong managerial commitment to change; 2) a radical cultural shift that allows an organization to gravitate away from rewarding risk-aversion and responsible asset management, towards rewarding innovation, experimentation, and risk-taking 3) upgrading the talent pool within a company to acquire cutting-edge digital abilities.

So once a company has embraced a digital transformation with the full support of management, and has explored specific business ideas they would like to “digitize”, how can they actually get the ball rolling and execute?

Work out exactly what your users want, and what that will entail

The digital world is built with software — an engineering feat that coordinates creativity, design, and hard engineering to make thousands of lines of code transform into a useful tool. But with the advent of the mobile digital age and “apps”, users demand that software be more than practical —they want it to be intuitive, simple, ergonomic, easy to learn, and yes, also beautiful.

Let’s suppose that the company ACME —a traditionally successful mid-market incumbent player with 30+ years in the industry—wants to start a digital transformation journey. Let’s suppose, also, that ACME has clear management support and has arrived at a promising new idea for leveraging technology to open a new line of business. Should ACME tackle the digital initiative alone? We suggest not, and here’s why.

This frontier is mired with obstacles and setbacks, that will require a particular way of building software to overcome them. For example, the new software application must be:

●      Highly scalable and flexible, requiring engineering know-how to make it cloud-ready, elastic, and easily to integrate with other cloud-services

●      The application must be “easily refreshable” —it should allow new features to be pumped into production several times a week without salient hitches or bugs, which requires technical skills in building “infrastructure as code”, automatic testing, and DevOps to guarantee a constant “stream” of quality code offshore software development

●      The application should embody modern design tenets both in usability and graphic attractiveness (which requires skills in design thinking, customer journey ideation, and modern user interfaces, among others).

Understand the strengths and weaknesses of your existing team

ACME’s current software engineering and design departments might not be up-to-date on the technologies that will allow them to successfully navigate the frontier of creativity that defines a new product. For many companies, there’s often a mismatch between the talent in its ranks, and what is required to solve the technical challenges at hand.

Established players in many industries are often quite old-fashioned in the way they manage the creative process. It is common, then, that internal marketing, customer service, or IT departments of traditional organizations are seldom prepared to collectively deploy innovation mechanisms that allow them to experiment effectively. That is, processes that allow them to think out of the box and find new ways to serve customers who are frustrated with the status quo and long for a better digital way to consume their services and products.

Companies must know when they need a helping hand

It’s hard to know what to look for if you have not lived through a digital innovation process. The quickest way to kickstart change is to learn by doing. Companies should hire not simply a “theoretical consultant or a coach” in digital innovation, but an outsourcing partner that can provide a real-life example of how to operationalize digital innovation within the company, in the form of a real product.

An outsourcing partner can help ACME’s technology department use the agile approach to software development – which focuses on being as ‘lean as possible’ and developing a minimum viable product (MVP). An initial test market will use ACME’s software and react to it, generating valuable user feedback. ACME can then take this back to the drawing board and quickly iterate on a Version 2 of the product, to be once more presented to the market. This cycle continues until ACME achieves what is called “Product-Market-Fit”.

Working with an outsourcing partner to develop a product is important for many other reasons, too. Firstly, it’s critical that an organization’s first projects in which they ‘go out on a limb’ in the digital age are successful. Early wins will generate a positive dynamic, and provide the confidence that allows management to further accelerate digital change.

And although agile requires technical skills, it also requires a change in behavior and company culture. An outsourcing partner that understands agile development behavior is a great way to cross-pollinate an agile culture to the existing organization.

And lastly, an incumbent without agile expertise will take a long time learning the ropes, potentially endangering the success of the project because of delays or loss of credibility within an organization afraid to change. Working with an experienced software outsourcing partner, on the other hand, provides a “guided laboratory” that allows both the incumbent to learn how to deploy effective software engineering practices for digital innovation, while ensuring an effective time-to-market for the particular initiative.

Undertaking an agile transformation can be daunting. But learning from an experienced outsourcing company will help an organization to quickly internalize agile engineering methodologies —and the undergirding culture of innovation that comes with them—under a learn-by-doing model. This will help them to evade the common “rookie” mistakes, and shorten the journey to a successful digital innovation.

For more info, please visit https://www.pslcorp.com/

Designing The Best Photobook Gift Every

1 – The Digital Image Book

The digital picture book offers extremely high quality picture printing. The HD Satin cover offers room for printing a single picture, which is printed on both the front and back, and you can even include text to the style. 160Gsm high grade papers offer additional image printing options and provide you with superb recreation levels when printing preferred images. Up to 80 sides can be printed – the standard style layout provides a single picture on each side of the image book pages however you can produce more complex designs that utilize a bigger variety of pictures if you wish.

2 – Specialised Visitor Books

A specialised guest book can be utilized in hotels and guest houses however is specifically helpful as a wedding guest book. Your visitors can sign the visitor book leaving their name and an individual message to the both of you and not just can you customise the cover to include an image and text however you can also select the column headings that are included in the photo book from iphone itself.

3 – Your Life Books

Personalize the cover of a Your Life book and choose in between a self install photo album design or printed image book. Include text to the cover, which is printed in specialised lettering and decide whether you desire a picture inset on the cover too. Choose from any of 4 colours for the cover of the Your Life Book in order to create a sensational birthday gift or the centrepiece for an unique celebration or celebration.

best photobook app for iphone

4 – The Book Of Love

The Book of Love is another great looking gift idea, particularly designed for use on Valentines Day but it can be given at any time of year as a gift for a loved one. Add ten pictures, and write the text to print on the accompanying page for each image. The soft cover looks sensational and you can customise it with another image too.

5 – Notebooks And Journals

Note pads and journals work and useful along with great looking; they too can be personalized with the addition of a single picture or perhaps a photo montage on the cover. The basic style affords you the choice of a single picture which is printed on the front and back of the cover however you can choose, rather, to have a various design on the back.

Image Book Options

Most picture books use a choice in size, which likewise provides you the ideal variety of pictures that can be added. Items like the printed photo book, Your Life Book, and the Book of Love can be purchased with their own discussion tin or discussion box for a much more individual look and to ensure that the book looks excellent for several years to come without being harmed. http://www.photobookapp.com/create-make-best-photo-book-from-iphone/

Pikom inks MoU with Fusionex to achieve goal of training 20,000 data professionals

The National ICT Association of Malaysia (Pikom) has signed an MoU (memorandum of understanding) with big data analytics solution provider Fusionex for it to train local talents in the area of Big Data.

Fusionex will equip ICT professional with the right skills in line with the Government’s goal of achieving 20,000 data professionals by 2020, the organisation announced at the Pikom Leadership Summit 2017.

“We found there is a talent mismatch today as many graduates are not aware of what the industry is looking for today,” said Pikom chairman Chin Chee Seong.

“We are also working very closely with the Education Ministry and universities to design courses to align them with the demands of the tech industry.”

Fusionex managing director Datuk Seri Ivan Teh agrees, adding that many jobs of today will not be the jobs of tomorrow and the jobs of yesterday might not even exist in two or three years time.

“There is a real importance to align what the academia produces versus what the industry wants and that is an ongoing challenge and something we are really working hard to tackle now,” Ivan Teh said.

Among the skills that are in demand include data analytics and project management.

The industry body also inked an MoU with CyberSecurity Malaysia (CSM) to combat the recent rise of cyberthreats. It will give CSM access to security services and solutions from its members.

Ivan Teh

It also signed an MoUs with the Malaysian Association of Tour and Travel Agents (MATTA) to promote the adoption of digital platform in the travel industry.

Chin says that most SMEs (small and medium enterprises) in the travel industry have yet to embrace and reap the benefits of digitalisation.

Transport Minister Datuk Seri Liow Tiong Lai who officiated the event, said that with the partnership, travel and tour agents should take the opportunity to market their services online and this is a step in the right direction in embracing digital economy.

“These initiatives will certainly help in expanding opportunities for the SMEs in their respective sectors and we need to keep up and embrace change as there is a rapid convergence between the physical and digital world,” said Chin.

Read more at https://www.thestar.com.my/tech/tech-news/2017/11/23/pikom-inks-mou-with-fusionex-to-achieve-goal-of-training-20000-data-professionals/