Home News Archives for January 2020

Month: January 2020

Knowledgecom signs MOA with 10 technology and training partners for BEYOND4

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Kuala Lumpur, 16 January 2020 – Knowledgecom Corporation Sdn Bhd (“KCOM”), a subsidiary of Censof Holdings Berhad (“Censof”) and 10 technology and training companies exchange Memorandum of Agreements (“MOAs”) today to outline their respective participation in the BEYOND4 initiative.

Over the span of a decade, KCOM has evolved into a leading local industry player in the design and delivery of Information Technology training programmes. Now spearheading BEYOND4, the company aims to integrate Industry Revolution 4.0 (“IR 4.0”) practices and technology into business operations.

The BEYOND4 initiative consists of a neutral, non-competing open vendor ecosystem in training, technology and strategic partnership. The goal is to drive digital transformation as value exchange, fostering synergy among alliance partners to collaborate and innovate.

Chief Executive Officer of KCOM, Mr. S. T. Rubaneswaran said, “As the world move towards the IR 4.0 era, there is rising demand to upskill and prepare the workforce to embrace new trends and developments impacting our manufacturing and service industries.”

“Starting from Malaysia, we plan to expand this initiative further by replicating this model throughout the South East Asia region. Our goal is to attract 50 technology and training partners in each country to form a strategic and collaborative alliance to propel the adoption of digital technology in the respective countries.”

This will also tackle the issue of decreasing job opportunities faced by the growing middle-income population and the Non-STEM (Science, Technology, Engineering and Mathematics) workforce.

The BEYOND4 ecosystem saw the exchange of MOAs between ten partners today which include: –
1. Knowledge Group Consulting Sdn Bhd
2. CXS Analytics Sdn Bhd
3. Loops Solution (M) Sdn Bhd
4. Bureau Veritas Certification (M) Sdn Bhd
5. Dagang Net Technologies Sdn Bhd
6. Quandatics Academy Sdn Bhd
7. AceStar Sdn Bhd
8. Trainocate (M) Sdn Bhd
9. GKK Consultants Sdn Bhd
10. Secure IOT Academy Sdn. Bhd

KCOM’s other digital transformation efforts include its tie up with Hong Leong Financial Group Berhad via HLX Management Sdn Bhd, an innovation exchange startup wholly owned by property arm GuocoLand Malaysia Berhad, to operate a digital campus at Menara HLA.

Knowledgecom Wins CertNexus’ APJC Authorized Training Partner of the Year Award

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Rochester, NY (PRUnderground) –

CertNexus announced that KnowledgeCom was named APJC ATP of the Year at the inaugural Partner Meeting and Award Ceremony in Rochester, NY.

Awarded to exemplary CertNexus Authorized Training Partners (ATP), the ceremony was designed to recognize partners with consistent representation of CertNexus products and committed to outstanding performance.

“KnowledgeCom has only joined us within the past year but they have accelerated their onboarding process and deliver of providing CertNexus solutions,” said Jeff Felice, President of CertNexus, “They have become one of the most consistent and largest training partners in the APJC region in such a short time.”

“KnowledgeCom Corporation is a specialized company that aims to upskill the workforce of the nation by training and certifying students from public and private universities, fresh graduates, government servants and professionals,” said Rubaneswaran Thevasenabathy, CEO at KnowledgeCom

Censof Completes Acquisition of 51% Stake in ERP Software Provider, Netsense Business Solutions

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Kuala Lumpur, 3 January 2020 – Censof Holdings Berhad (“Censof”) has completed the acquisition and subscription of a 51% stake in enterprise resource planning (“ERP”) software provider, Netsense Business Solutions Sdn Bhd and Netsense Business Solutions Pte Ltd (“Netsense Group”) for approximately RM 0.64 million.

With offices in Singapore, Kuala Lumpur and Jakarta, Netsense Group offers a wide array of business solutions ranging from Acumatica Cloud ERP Software, Accounting Software, CRM, HR Solutions, Payroll, Project Management, Business Intelligence Tools, Customised Dashboards, Mobile Apps and e-Commerce Solutions. Censof is an OEM partnership with Acumatica Inc., a leading innovator in cloud ERP that enables technology partners like Censof to customize its applications to suit the needs of end-users

Censof Group Managing Director, Encik Ameer bin Shaik Mydin said, “Having built a strong market presence in providing financial management solutions to the public and private sector, we have in recent years expanded our service offerings to include other functions such as human resource management, customer relationship management, e-commerce and many others.”

Censof as a group is an established market leader in the SME industry. This acquisition will only strengthen the presence and complement our position in the SME industry.

“By acquiring Netsense, a company with an existing portfolio of SME clients who are using the Acumatica ERP application, this will fast track our expansion into the private sector. We look forward to this venture with Netsense Group and incorporate our other technologies within the Group to deliver innovative solutions that support the business growth of SMEs,” he added.
With the rapid advancement of technology, the SMEs’ requirement for increasing automation and productivity in their business is evolving day by day. This need will serve as an opportunity in creating demand for an industry specific EPR solution.

Netsense Chief Executive Director, Abdul Rehman Khalid said, “A partnership with Censof came at the right time, as we have planned our next major leap into the implementation of industry specific solutions for SMEs such as the Acumatica Field Service edition, Construction edition and Manufacturing edition.”

“To add on, we have also made arrangement for payment plans such as monthly payments, so that our SME clients can adopt these systems without affecting their cashflow.”

The equity stakes in the two newly acquired companies, Netsense Business Solutions Sdn Bhd and Netsense Business Solutions Pte Ltd will be held by Censof Holdings Berhad, and not Century Software (M) Sdn Bhd as previously announced in May 2019.

Netsense Group currently supports around 90 reputable clients across more than 15 industry verticals. The industries served are retail, distribution, trading, professional services, logistic, F&B, manufacturing, pharmaceutical, construction and supply chain management, amongst others.