KUALA LUMPUR: ARB Bhd with SQV Group Sdn Bhd (SQV) has officiated the Professional Services Hub, a smart office solution that incorporates the internet of things (IoT) powered by ARB's IoT platform.
ARB, in a statement, said by capitalising on IoT-driven office solutions, companies can substantially reduce expenses and share resources, enabling them to concentrate on their primary business objectives.
ARB's solutions will play a crucial role in the success of this joint initiative.
As a result, small and medium-sized enterprises (SMEs) and franchisees can streamline operations, improve productivity, and enhance the customer experience.
The IoT smart office solutions provided by ARB will drive efficiency and empower businesses to nimbly respond to the constantly shifting requirements of the digital landscape.
ARB executive director Datuk Sri Larry Liew Kok Leong said SQV is a frontrunner in the franchising arena and in their innovative IoT smart office solutions coupled with a vast network of businesses.
"In the initial phase of this partnership, we have secured a contract worth RM40 million, catering to 100 business hubs.
"ARB is excited about the prospect of this revolutionary solution and is currently negotiating for phase two of this project, which could be valued at RM80 million for an additional 200 hubs," Liew said.
He added that this collaboration presents a tremendous opportunity for the company to engage with SQV's vast clientele of SMEs and franchisees, demonstrating the transformative capabilities of ARB's technology.
Entrepreneur Development and Cooperatives (EDC) minister Datuk Ewon Benedick officiated the launching.
EDC also lends its support to this collaboration, as it aligns with its mission to foster digitalisation and empower businesses to excel in a highly competitive, ever-evolving marketplace.
"We believe that our partnership with SQV will strengthen our presence in the market and create lasting value for businesses by delivering unparalleled efficiency, productivity, and digital adaptability," Liew said.
SQV, with its extensive background in franchising, is the perfect partner for this endeavour.
Their expertise in providing effective, scalable solutions to a wide range of industries will ensure that the Professional Services Hub can cater to its clients' diverse needs.
Its strong track record and achievement include the 350 approved franchisors under its consultation with at least ten outlets per franchisor.
Some IoT solutions that will be introduced into the Professional Services Hub include cloud-based company Secretarial software, accounting software, human resource solutions, ARB IoT solutions, big data and AI solutions.
These innovations will be integrated into SQV professional services solutions, including office space, smart office solutions, inventory management systems, warehouse management systems and other solutions development.
The collaboration between ARB and SQV will empower SMEs and franchisees to make informed decisions, optimise their resources, and achieve greater success through integrated and comprehensive professional services.