E-COMMERCE - BUSINESS SERVICES
SOCOE spearheads Digital Economy Initiatives in Sarawak with disruptive technologies
to one another as well as empowering them to elevate their business. Women are connected through an online community platform, cultivating the spirit of communal collaboration through business matching, leading to effective product marketing, vertical integrations and enterprise growth. The eWanita online platform has an integrated ePreneurs e-commerce app – an online marketplace with community members as online sellers, thereby promoting sustainable growth through the “click-andmortar” model, enhancing growth in women’s quality of life and economic contribution by reducing the gap in digital access. To ensure sustainability through the entire commercial process in eWanita and ePreneur; SOCOE’s subsidiary also provides fulfillment, packaging, branding and customer service to merchants who use the company platform, allowing for seamless vertical integrations.
Technology to aid with handling disasters Local company improves lives through human-centric technology for In recent collaborations, SOCOE is developing solutions to improve all facets of people’s lives the community focused on business solutions. including the way in which we handle disasters. The company is currently working on a mobile he proliferation of cloud-based SOCOE does not isolate itself from one app designed to allow for quick and immediate technologies, artificial intelligence specific group. “We don’t believe that some (AI), and cybersecurity in recent years people are more important than others. Here at responses and relief times. Citizens can report disasters and be notified of any disaster within has made it possible for Sarawak, Land of SOCOE, we pride ourselves on helping anyone a certain radius. The state government is also the Hornbill, to turn the state into a digital transition to a more tech-savvy lifestyle. A economic powerhouse, as envisioned by Chief lifestyle that will aid in growth, communication, able to track, analyse and share consolidated information on disasters within the state. Minister Abang Johari Openg. Sarawak has and networking,” says Samuel Wong, CEO of launched digital initiatives, such as Sarawak SOCOE. The forthcoming potential of Digital Sarawak Pay for e-payment, and plans to implement SOCOE is no stranger to new technologies. The SMART City systems to manage traffic Empowering women through e-commerce company’s existing cloud-based platform lays efficiency and much more. On March 2019, SOCOE played a crucial a clear blueprint for clients wanting to develop Sarawak-based technology company role in the launching of eWanita, an online smart cities and participate in IR4.0. Through SOCOE Sdn Bhd (SOCOE) has proven to be community platform for women facilitating the Internet of things (IOT), its end-to-end a successful key player in Sarawak’s digital their development in e-commerce and platform is built to take in massive volumes of economic journey. SOCOE aims to close the entrepreneurship. The eWanita project, a digital divide in Sarawak. Focused on being Sarawak Government digital economy initiative data generated by devices, sensors, websites, applications, customers and partners, which human-centric, the company prioritises the led by Jabatan Wanita dan Keluarga Sarawak subsequently initiate real-time responses. needs of their clients in ensuring that the tech (JWKS) together with Sarawak Multimedia SOCOE’s R&D department is adapting solution fits their requirements. Authority (SMA), enables women to connect blockchain technologies to meet local needs. This framework, which is behind cryptocurrencies, is a digital ledger that records all transactions without the need for verification authorities, including banks. Secured and verified transactions, approvals and transacting parties are now enabled across borders, with immutable security, including exchange of information. SOCOE will be implementing the blockchain technology through its customised solutions from online workflows and transactional activites to assets and identity management, thus ensuring secure exchange of information for all of SOCOE’s clients.
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SINGAPORE BUSINESS REVIEW | MARCH 2020