SkyWorld and Universiti Malaya collaborate to spur technological innovation in property development

Dec 14, 2023

KUALA LUMPUR (Dec 14): SkyWorld Development Bhd is joining forces with Universiti Malaya to develop a transformative Application Programming Interface (API) set to revolutionise data integration ecosystem within the property development sector.
A Memorandum of Agreement signed at The Cubes in Universiti Malaya, solidifies their “shared commitment to co-develop a cutting-edge technology ecosystem, specifically focusing on API development, data warehousing, data mining, and an advanced data analyst system integrated with machine learning”, stated a media release by SkyWorld.
The MoA outlines a two-year collaboration between the two parties from 1Q2024 to the 4Q2025, “underscoring SkyWorld’s dedication to quality and innovation, reinforced by UM’s cutting-edge technological research in line with their tagline, ‘Serving the Nation, Impacting the World’”.
“The envisaged API marks a significant leap in our technological capabilities. It empowers us to seamlessly integrate data across platforms, providing a holistic view of customer integrations and unlocking new realms of operational efficiency.
“The MoA signing marks a pivotal milestone towards technological transformation. We are excited to work hand in hand with Universiti Malaya to create a technology ecosystem that propels us into a new era of innovation in property development,” said Lee Chee Seng, chief executive officer of SkyWorld Development.
“By leveraging the expertise of Universiti Malaya’s Faculty of Computer Science and Information Technology, the collaboration seeks to create a robust infrastructure capable of efficiently managing vast amounts of data, uncovering valuable insights from complex datasets through automated analytical processes, and driving strategic and informed decision-making within SkyWorld,” he added.
Meanwhile, Prof Dr Loo Chu Kiong, Dean of the Faculty of Computer Science and Information Technology of Universiti Malaya, said that the partnership will offer exceptional opportunities for UM’s students and faculty to apply cutting-edge research in real-world scenarios.
“At Universiti Malaya, we have always strived to be at the forefront of innovation and excellence. We stand on the brink of a transformative collaboration with SkyWorld that transcends national boundaries, placing Malaysia on the global map as a hub for technological innovation in property market analytics. The
MoA we sign today with SkyWorld is not just a formal partnership, it is a testament to our shared vision of creating impactful solutions,” added Prof Loo.
“We are proud to embark on this pioneering journey with SkyWorld to set a new benchmark in industry-academia partnerships. This collaboration reflects our commitment to nurturing innovation and fostering collaborative initiatives that have a meaningful impact on both our students and the industry at large,” he added.
SkyWorld Development is one of EdgeProp START’s strategic partners. Curvo Residences at Setapak is a development highlighted in this partnership. Check out the details here.
All SkyWorld Development homebuyers also get to enjoy rewards worth up to RM3,888 and stand a chance to win a set of JBL Bar 1300 speakers worth RM7,999 when you sign up on EdgeProp START from now till Dec 31.
Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!

Source: EdgeProp.my