Cyberjaya, 4 August 2022 – Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions, today announced that its wholly owned subsidiary, Century Software (Malaysia) Sdn Bhd (“CSM”) has inked a Memorandum of Understanding (“MoU”), for a period of three years, with University Malaysia of Computer Science and Engineering (“UNIMY”).
The objective of the MoU is to provide a university-industry collaboration between CSM and UNIMY to drive the evolution of the digital technology industry by developing and delivering substantial real-world training programmes and initiatives to its students. The delivery would be through mutually agreed training and academic linkages and cooperation in the form of internship and management trainee programmes, industry research and thesis collaborations for final year students, as well as providing higher learning or postgraduates opportunities to CSM’s employees at UNIMY. This collaboration is set to play a role in shaping the digital technology industry, in line with the national policy on the Fourth Industrial Revolution (“IR4.0”), through the use of advanced technologies to change the way of living, working and communicating with one another.
CSM and UNIMY share a common goal and believe in developing local talents that are highly sought-after in the vibrant digital-eccentric environment. Both parties intend to provide graduates with the right mindset and collaborative skills to equip them for the working world, in line with the digitalisation movement, going forward.
CSM is a technology company that offers state of the art financial management and business solutions to the government and commercial sectors in the Asia-Pacific region. It also provides other customisable solutions in the areas of education, wealth management, enterprise analytics, application development and training solutions.
UNIMY was founded in 2012 with the aim of creating a digital nation. Driven by a shared purpose to create a better future through technology, education, research, and innovation, UNIMY nurtures students to face the challenges of IR 4.0 and digital transformation of future employment.
“CSM is honoured to collaborate with the prestigious University Malaysia of Computer Science and Engineering, being an established higher learning institute that focuses on digital technology through its advanced academic programmes. The step that we are embarking today is aimed to create a greater good for the development of human capital, emphasizing on digital technology which is highly in demand with a promising growth not only in Malaysia but globally,” said Dr Zainul Ariffin, Chief Executive Officer of CSM.
He further added that the signing of the MOU will see CSM and UNIMY working hand-in-hand to offer CSM internship programme and CSM management trainee programme that will enable students to apply what they have learned, in the real world. The knowledge and training programmes that are planned by CSM for UNIMY students will provide the students with a competitive edge in the job market and have a clearer pathway and control over the students’ career, in the future.
UNIMY’s Vice-Chancellor Associate Professor Ts Dr Zulkarnain Kedah stated, “By working with Century Software (Malaysia) Sdn Bhd, we are aiming to bridge the gap between the classroom and the working world in order to produce industry-ready graduates. The current Industry revolution 4.0 has created many new opportunities as well as market demands, and I believe that partnerships between the industry and educational institutions are the way forward to develop new and revolutionary ideas to remain relevant in the fast-evolving digital economy of today”. He also mentioned that there are potential collaboration opportunities between lecturers and developers especially in the field of artificial intelligence and machine learning.