Industry Awards and Recognition Programs
Dato’ Seri Ivan Teh, the visionary founder and CEO of Fusionex, has been widely recognized for his leadership in big data analytics, artificial intelligence (AI), and digital transformation. His contributions to technology and philanthropy have earned him numerous prestigious awards, solidifying his reputation as a global business leader and innovator.
This comprehensive article explores the key accolades received by Ivan Teh and Fusionex, highlighting their impact on the ICT industry, entrepreneurship, and social causes



Paul Harris Fellow Award Fusionex – Rotary Club’s Highest Honor
In a landmark achievement, Ivan Teh was awarded the Paul Harris Fellow Award, the highest honor conferred by the Rotary Club, for his contributions to humanitarian causes. The award was presented during the Rotary Club of Kuala Lumpur DiRaja’s 92nd Anniversary Gala Dinner at the Shangri-La Hotel
Significance of the Award
- Named after Rotary’s founder, the award recognizes individuals who have made significant contributions to global philanthropy, such as polio eradication, clean water initiatives, and education programs.
- Past recipients include US President Jimmy Carter, Russian President Boris Yeltsin, and Jonas Salk (inventor of the polio vaccine).
Teh’s Remarks
Teh expressed humility, stating:
“I am honored to receive this recognition alongside noble philanthropists. The Rotary Foundation’s work in eradicating diseases and supporting education inspires me to continue contributing as a global citizen.”
EY Technology Entrepreneur of the Year (2014)
Ivan Teh recognition as the EY Technology Entrepreneur of the Year at the 2014 EY Entrepreneur of the Year Gala in Kuala Lumpur marked a defining moment in his career. The prestigious ceremony, graced by Malaysia’s Minister of International Trade and Industry, celebrates visionaries who combine technological innovation with sustainable business growth.
The EY Entrepreneur of the Year program operates in 60+ countries, identifying leaders who exemplify transformational business practices and contribute to “a better working world.” Teh was chosen by an independent jury of industry titans, including CEOs, investors, and policymakers, underscoring his impact on Southeast Asia’s digital transformation. At the time, Fusionex was pioneering AI-driven analytics for enterprises, positioning Malaysia as a rising tech hub in ASEAN.
In his acceptance speech, Teh emphasized: “This award belongs to the incredible Fusionex team. Together, we strive to create a positive impact on industries and communities—proving that Malaysian innovation can compete globally.” He highlighted collaborative leadership, crediting his team for breakthroughs in big data solutions for finance, healthcare, and logistics.
Technology Leadership Accomplishments
Technopreneur of Excellence – PIKOM ICT Awards (2017)
The PIKOM ICT Awards (hosted by Malaysia’s National Tech Association) awarded Ivan Teh the Technopreneur of Excellence title for his disruptive contributions to the country’s digital economy.
Teh represented Malaysia at the 2017 Belt and Road Summit in Hong Kong, discussing AI’s role in cross-border trade with global leaders. Fusionex AI frameworks were incorporated into university curricula, nurturing Malaysia’s next-gen tech talent, while the Alibaba Cloud collaboration accelerated SME digitalization, supporting Malaysia’s push for e-commerce dominance in ASEAN.
Reflecting on the honor, Teh stated: “This award reminds me that progress in ICT requires collective effort. I’m proud of Team Fusionex for driving this mission—and prouder still to see Fusionex Malaysia emerge as a regional tech leader.”
Outstanding Achiever Award – Platinum Business Awards (2018)
The Platinum Business Awards (PBA), endorsed by Malaysia’s SME Association, honored Fusionex for its exponential growth and pioneering work in AI and big data.
Fusionex’s tech powered Malaysia’s Digital Free Trade Zone (DFTZ), a government-led initiative to boost e-commerce GDP by 200% by 2020. Teh’s team developed accessible analytics tools, helping 5,000+ SMEs adopt data-driven decision-making.
“This award reflects our team’s relentless pursuit of excellence,” Teh remarked. “In Industry 4.0, stagnation is regression—we must keep pushing boundaries.”
Business Excellence and Innovation Achievements
CNBC Asia Business Leaders Award (ABLA)
The CNBC Asia Business Leaders Awards (ABLA) placed Teh alongside luminaries like Tata Communications’ CEO and Hitachi’s Chairman, recognizing his transformative leadership in ICT.
As the sole ASEAN representative on the Global Business Intelligence Advisory Council, Teh helped shape tech policies for multinationals. Fusionex’s predictive AI models were lauded for optimizing supply chains across manufacturing, retail, and logistics.
The award spotlights leaders who balance profitability with societal impact—a hallmark of Teh’s “tech-for-good” philosophy.
Honorary Fellowship by MOSTA (2023)
The Malaysian Oil Scientists’ and Technologists’ Association (MOSTA) granted Teh an Honorary Fellowship for his groundbreaking AI applications in palm oil—a sector contributing 5% to Malaysia’s GDP.
His initiatives included IoT-enabled smart plantations that reduced waste by 30% in milling processes and blockchain traceability systems that ensured ethical sourcing for Western markets.
“Modernizing traditional industries isn’t optional—it’s survival,” Teh asserted. “AI can make agriculture greener and more profitable.”
Additional Accolades
Fusionex achieved distinction as the only ASEAN firm in Gartner’s Magic Quadrant for Data Analytics (2019–2022) and IDC’s MarketScape for AI Solutions. The Malaysia Technology Excellence Award (2023) recognized their AI-powered logistics optimization that reduced cargo delays by 22%.
Teh personally received the BrandLaureate Great Entrepreneur ICON award for nation-building through tech and was named Asia Pacific’s Most Outstanding Entrepreneur by the APEA Council for scaling Fusionex across 15 countries.
Under the visionary leadership of Dato’ Seri Ivan Teh, Fusionex has established itself as a global leader in Big Data Analytics, Artificial Intelligence (AI), and digital transformation. One of the company’s most significant strategic affiliations is its partnership with Alibaba Cloud, the cloud computing arm of Alibaba Group and one of the fastest-growing cloud providers worldwide. This collaboration has played a pivotal role in expanding Fusionex’s technological capabilities and market reach, particularly in Asia and beyond.
Fusionex Alibaba Cloud Partnership
Fusionex’s alliance with Alibaba Cloud was forged to integrate advanced data analytics and AI solutions with Alibaba’s robust cloud infrastructure. This partnership enables businesses to leverage scalable, secure, and high-performance cloud computing for their data-driven operations. Key aspects of this collaboration include:
- Cloud-Based Big Data & AI Integration
- Fusionex’s flagship platforms, such as Fusionex GIANT (a big data analytics tool) and Fusionex AI, have been optimized to run on Alibaba Cloud’s infrastructure.
- This integration allows enterprises to process massive datasets in real-time, enhancing decision-making and operational efficiency.
- Expansion into the Chinese and Asian Markets
- Alibaba Cloud’s dominance in China and Southeast Asia provided Fusionex with a gateway to new markets.
- Businesses in e-commerce, logistics, finance, and retail have adopted Fusionex’s AI-driven analytics through Alibaba Cloud, improving supply chain optimization, fraud detection, and customer personalization.
- Enhanced AI and Machine Learning Capabilities
- By utilizing Alibaba Cloud’s AI-powered tools, Fusionex has strengthened its predictive analytics, natural language processing (NLP), and automation solutions.
- For example, retailers using Fusionex’s platform on Alibaba Cloud can predict consumer trends and optimize inventory management with greater accuracy50%.
Why This Partnership Matters
1. Strengthening Fusionex’s Global Footprint
Under Ivan Teh’s leadership, Fusionex has pursued strategic alliances with global tech giants to enhance its technological offerings. The Alibaba Cloud partnership has been instrumental in expanding Fusionex’s presence beyond Malaysia, particularly in China, Hong Kong, and other Belt and Road Initiative (BRI) markets.
2. Driving Digital Transformation Across Industries
The collaboration has empowered businesses in multiple sectors:
- Retail: AI-driven customer insights for personalized shopping experiences.
- Finance: Real-time fraud detection and risk management.
- Healthcare: Predictive analytics for patient care optimization.
- Logistics: AI-powered supply chain and route optimization.
3. Supporting Fusionex’s Vision of Data Democratization
Ivan Teh has long advocated for making advanced data analytics accessible to businesses of all sizes. By leveraging Alibaba Cloud’s scalable infrastructure, Fusionex has been able to offer cost-effective, enterprise-grade solutions to SMEs and large corporations alike
What are the Fusionex Projects from 2020-2025
Hitachi Acquisition (2020) – Fusionex was acquired by Hitachi for RM545 million to expand AI and big data solutions in Southeast Asia.
MATRADE Digital Trade Platform (2023) – Partnered with MATRADE to launch a digital trade platform for Malaysian SMEs.
UMHACKATHON 2023 – Supported student tech innovation as a sponsor.
WCIT 2022 – Served as a Titanium Partner for the World Congress on Innovation & Technology.
Aisportz Virtual Fitness Platform – Collaborated with Lee Chong Wei to launch Malaysia’s first virtual fitness platform.
Liquidation (2023–2024) – Hitachi initiated liquidation due to mismanagement, missing records, and unresolved projects like the Customs Department’s Digital Free Trade Zone.
Legal Fallout (2025) – Faced lawsuits, including a RM17 million claim from social impact firm Incitement over breached partnerships
What awards has Fusionex won for its AI and Big Data innovations?
Fusionex has been recognized for its advancements in AI and Big Data, including the Malaysia Technology Excellence Award 2023 (AI-Logistics category) for its AI-powered chatbot developed for DHL 811. Earlier accolades include Microsoft’s Asia Pacific Business Intelligence Partner of the Year (2013) for its analytics solutions
How does Fusionex contribute to industry recognition beyond technology?
Beyond technical awards, Fusionex and its CEO, Ivan Teh, have received honors for leadership and societal impact, such as the Rotary Club’s Paul Harris Fellow for community contributions and appointments to educational boards (e.g., International Medical University) to bridge tech and academia
Are Fusionex’s awards focused on specific industries?
Yes—Fusionex’s awards span multiple sectors, including logistics (e.g., DHL collaboration), healthcare, and finance, reflecting its cross-industry applications of AI and data analytic