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Theta Edge and iStream360 Collaborate to Develop Transformative A.I and Blockchain Solutions
Joint Venture Agreement for Innovation and Market Expansion
Strategic Partnership for Technology Advancement
Malaysia’s leading ICT service provider, Theta Edge, has joined forces with local data-science company iStream360 to create innovative artificial intelligence (A.I), blockchain, and advanced system solutions. The collaboration aims to enhance product development, drive faster innovation, and facilitate market entry.
Joint Venture Company Formation
Through a joint venture company, jointly owned by Theta Innovation Sdn Bhd and iStream360 Sdn Bhd, the partnership will leverage iStream360’s expertise in A.I, blockchain, and system solutions. This collaboration is expected to have a significant impact on Theta Edge’s financial position and long-term growth prospects.
Business Expansion and Market Penetration
The joint venture will enable Theta Edge to utilize iStream360’s proprietary i360 Applications Suites and enhance its project management capabilities. With a focus on customer-driven solutions, the partnership aims to accelerate innovation and drive business growth in the evolving ICT market.
Future Outlook and Growth Potential
Both companies will closely monitor the performance of the joint venture company and ensure effective risk management. The collaboration is projected to yield positive contributions to Theta Group’s net assets and earnings per share, positioning them for sustained growth and profitability in the competitive industry landscape.
About iStream360 and Theta Edge
iStream360: Data Science Expertise for Custom Solutions
iStream360 is a Malaysian data science company specializing in web portals, data processing, and infrastructure services. With a dedicated team of data engineers and scientists, the company delivers customized solutions utilizing machine learning, A.I, and blockchain technologies for government and private sector clients.
Theta Edge: Leading ICT Service Provider
As a member of Malaysian hajj pilgrims fund Lembaga Tabung Haji, Theta Edge is a trusted provider of communication systems and telecommunication infrastructure. From basic to complex solutions, the company is committed to delivering reliable and innovative technology services to its clients.