Exabytes Network Sdn Bhd, Malaysia’s leading cloud and digital solutions provider, has launched a RM10 million Investment Credit in partnership with Stradaverse Sdn Bhd, the IT subsidiary of Chin Hin Group, to accelerate digital adoption among Malaysian SMEs. The initiative aims to reduce the upfront cost of enterprise digitalisation, with an initial focus on the manufacturing and retail sectors.
The announcement was made at Menara Chin Hin during the signing of a Memorandum of Understanding (MoU). The RM10 million credit is expected to support the onboarding of up to 100 mid-to-large SMEs by subsidising adoption costs for cloud-based enterprise systems. The ceremony was witnessed by ecosystem leaders including representatives from MDEC, PIKOM, the SME Association of Malaysia, and the ESG Association of Malaysia (ESGAM).
SMEs make up over 97% of business establishments and contributed nearly 40% of Malaysia’s GDP in 2024. Despite this, studies show that most SMEs still rely on basic or siloed digital tools. High upfront costs, limited budgets, and digital talent shortages remain key barriers to adopting modern enterprise systems.
The Exabytes–Stradaverse collaboration aims to bridge this “digital depth gap” by enabling SMEs to adopt integrated, cloud-native ERP and AI-enabled platforms. With a single unified system, businesses can consolidate financial data, improve operational visibility, strengthen inventory accuracy, and make real-time, data-driven decisions powered by intelligent automation.
Early deployments have reported SMEs achieving up to 40% improvement in inventory accuracy through AI forecasting and 15–30% revenue uplift enabled by better data clarity and guided decision-making—without additional headcount.
PIKOM Chairman, Adjunct Professor Alex Liew, said Malaysia’s long-term competitiveness depends on SMEs moving beyond basic tools to intelligent systems.
“While digital adoption is rising, the ‘digital depth gap’ remains one of the biggest barriers to productivity and export growth. This investment directly tackles that gap. When SMEs gain operational intelligence, the entire digital economy becomes stronger and more aligned with global supply chain demands.”
During a panel discussion following the MoU signing, industry leaders stressed the urgency for SMEs—especially those in manufacturing and retail—to transition into cloud-native and AI-enabled environments to stay regionally competitive.
Eric Foo, Deputy CEO of Exabytes Group, highlighted,“In today’s landscape, ERP is no longer a ‘nice-to-have’. It is the operating backbone of every competitive organisation. Many SMEs still relying on manual processes face shrinking margins and higher risks. This partnership removes the biggest obstacle—cost—and gives SMEs a launchpad to become intelligent, data-driven businesses.”
Stradaverse CEO Abel Saw added,“AI-driven ERP like Kingdee provides operational intelligence businesses have never had before—from AI agents that reduce operational surprises to controls that have cut unauthorised transactions by up to 90%. Uplifting SMEs’ digital backbone strengthens entire value chains.”
Beyond the MoU, Exabytes and Stradaverse are exploring a broader suite of enterprise solutions, including integrated ERP with cloud infrastructure, disaster recovery, and cybersecurity. The companies are also working on a Unified Intelligence Stack, positioning Kingdee ERP as the core data engine enhanced by an Adaptive AI Layer for predictive automation and real-time insights.
The collaboration marks a significant step in advancing Malaysia’s digital economy by complementing national efforts to raise SME competitiveness. Exabytes and Stradaverse are inviting eligible SMEs to participate and begin transitioning into fully integrated, AI-enabled operations.