IBM, MaGIC collaborate to develop Malaysian start-ups

KUALA LUMPUR: IBM and the Malaysian Global Innovation and Creativity Centre (MaGIC) are collaborating to nurture and enable the start-up community in Malaysia with cloud and cognitive technologies.

Through this new initiative, IBM experts will provide business mentorship and training on the IBM Cloud, to help Malaysian startups develop competitive, next-generation applications and services that will transform their industries.

IBM in a statement yesterday said MaGIC would leverage IBM Cloud technologies such as cognitive computing, blockchain and Internet of Things (IoT) through its programmes and activities for the start-up community and developer ecosystem in Malaysia.

Established under the Ministry of Finance, MaGIC aims to catalyse the entrepreneurial ecosystem by bringing together the abundant resources from partners and communities to develop enduring and high-growth startups that will make a positive impact, regionally and globally.

Since its launch in 2014, MaGIC has successfully accelerated 144 business startups and 70 social enterprises in three cohorts. — Bernama