Scientific and Industrial Research Institute (SIRIM) has launched the Technology and Market Radar (TMR), a business tool to assist local SMEs to identify relevant technology and market trends to enable them to make strategic decisions on technology investment.
TMR is designed to be accessed by SMEs, Ministries and Government Agencies to retrieve relevant and strategic information on technology and business trends complemented with an analysis of opportunities and challenges.
The TMR was launched by President and Group Chief Executive of SIRIM, Dr Ahmad Fadzil Mohamad Hani with more than 100 participants attending the event, comprising local SMEs, industries and government officials related to the Malaysian SME activities.
Based on Technology Audits conducted on more than 300 SMEs in 2015 and 2016 by SIRIM under the SIRIM Fraunhofer Programme, the lack of data on market and technology trend was identified as one of the weaknesses affecting SMEs business growth.
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