FUSIONEX LAUNCHES GIANT 2017 – What Is it?

KOTA SAMARAHAN: A total of 407 Universiti Malaysia Sarawak (Unimas) graduates received their Doctor of Philosophy (PhD) and Master’s degrees during the first session of the university’s 22nd Convocation ceremony here yesterday.Of the figure, 250 are from Sarawak while the others are from Peninsular Malaysia.
Yang di-Pertua Negeri Sarawak Tun Pehin Sri Abdul Taib Mahmud, who is also Unimas chancellor, officiated at the ceremony and presented the scrolls to the graduates.
The convocation is to be spread over five sessions, throughout which 4,103 students will be receiving their scrolls.
The remaining four sessions will be spread out over the course of today, involving Bachelor’s degree graduates.

This year’s graduates include 83 international students from Afghanistan, Bangladesh, Brunei, China, Indonesia, South Korea, Kyrgyzstan, Pakistan, Saudi Arabia, Tajikistan, Turkey, Ghana, India, Iraq, Libya, Nigeria, the US and Vietnam.Yesterday’s ceremony also saw Chief Minister Datuk Patinggi Abang Johari Tun Openg, who is Unimas pro-chancellor, being conferred an ‘Honorary Doctorate in Economic Development’.Unimas vice-chancellor Prof Datuk Dr Mohamad Kadim Suaidi said since Abang Johari’s appointment as chief minister, he has shown high commitment in developing Sarawak’s economy for the benefit of the people.
Meanwhile, he said Unimas, which is celebrating its 25th ‘Silver Jubilee’ anniversary, has achieved successes at national and international levels since 1992.

fusionex founder

“I am confident that the success we have today is the result of the commitment and support of all our university staff in putting the Unimas brand in the world.
“As the eighth public university in Malaysia, Unimas this year has created history in the country, when it was crowned among the 1,001 best universities internationally.
“At national level,Unimas now is among the top 10. The proudest moment for Unimas is when it became the first university in Borneo to be listed in the World University Ranking,” he said.

Earlier, Unimas and Fusionex Sarawak Sdn Bhd announced the establishment of the Fusionex-Unimas Research Grant.
This signifies the two parties’ intention of enhancing efforts in big data and artificial intelligence; thus supporting the Sarawak government’s digital economy initiative.
Fusionex is an established data technology provider specialising in analytics, ‘Big Data’, artificial intelligence (AI), and machine learning.
The organisation aims to help clients capture, store, process, analyse and make sense of vast amounts of structured and unstructured data.

Read more: http://www.theborneopost.com/2018/10/30/407-unimas-post-grads-receive-scrolls/

The establishment of Fusionex-Unimas Research Grant aims to incubate researchprojects, nurture talents in Unimas and promote industrial-related research projects in Sarawak.
To commence the research grant, Fusionex contributed RM300,000 for collaborative efforts in research, publications, commercialisation, intellectual property as well as teaching and learning

The grant was handed over by Fusionex Sarawak Sdn Bhd founder and groupchief Fusionex Founder Dato Sri Ivan Teh to Mohamad Kadim, witnessed by Abang Johari.

The Value Beyond Price in Nearshore Software Outsourcing

When it comes to making a decision, the human mind will always look for the “path of least effort”. For pricing, the most immediate and simple piece of information to consider is the “sticker price”; so, it’s no wonder clients look for vendors with the lowest rates when choosing a software development outsourcing partner.However, basing your decision on “sticker prices” is misleading. When it comes to choosing an IT outsource companies vendor, there are a number of other variables that contribute to your project’s Total Cost of Ownership, and that you can’t afford to ignore.

Total Cost of Ownership (TCO)Total Cost of Ownership, or TCO, is a term coined by the Gartner Group back in 1987 to help buyers determine both the direct and indirect cost of a system. What we understand as TCO for software engineering is the cost of an application, including its development, enhancement, maintenance and support. So, when you look at a “sticker price”, what you may think is a definitive price is actually just an incomplete one.We posit that to make an informed decision, you need to keep in mind the following key variables:ProcessLike any engineer will tell you, the success of a project involving more than one resource will hinge on how well the team works together. That’s why process —meaning behaviors, methods and practices that determine how a group performs— is critical to the success of all but the tiniest of software initiatives.

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QualityDeveloping software isn’t exactly a low-cost endeavor, which is why it should be built to last. If your application is made hastily and poorly, the inherent technical debt will easily exceed the initial build cost. You could soon be faced with the need to make any number of corrections or adjustments that ultimately make your “savings” negligible via outsourcing companies.
RiskSuccess rates have been improving for IT projects since 2016, but ensuring your project isn’t at risk still demands you carefully consider the objective quality of your vendor. Risk mitigation is a front on which transparency is critical. At this, PSL excels at, as we provide full and unrestricted, real-time access to all project repositories.To prevent risk from carrying-forward and gaining momentum, it’s essential to be able to detect and immediately correct problems. So, it’s reasonable to say that paying a “quality premium” that reduces that risk is actually cheaper than opting for a lower upfront cost which includes a higher risk of failure.

CostFinally, let’s take a look at the numbers. If we’re going to take cost at face value, it’s simply the price paid per unit of time (cost per hour, or cost per developer per month). However, the real cost of an engineer doesn’t stop at salary pay; it also includes the basic infrastructure needed for them to perform their job. An actual, fully burdened blended rate will likely go up between 50%-70% per engineer, which accounts for the cost difference between a US-based and a nearshore outsourcing vendor.And, as we’ve seen, it’s not enough to think about how much any given “unit” will cost, we also need to consider what the effect of that unit (hour of work or developer costs) will have on the project in the long run.
[READ MORE: Discover the real cost behind your software development project in our Total Cost of Ownership whitepaper.]All things considered, finding a vendor that can help you achieve your technology goals at a reasonable cost means finding a partner that understands the right mix of process, risk management, quality and productivity is the key to a successful engagement. PSL’s approach to engagements doesn’t start off by just answering the question “What are your rates?”, but rather exploring a project to ensure we can deploy the best talent and best practices, and develop world-class software engineering solutions at the lowest possible TCO. https://www.pslcorp.com/it-outsourcing-services-companies/

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