Reference · A–Z

Glossary.

Plain-English definitions of the AI, automation, and Malaysian business terms that come up across pitchdeck.my — written for founders, operators, and backers, not engineers.

A4 terms

AI agency

A studio that builds applied AI for real businesses — agents, automation, and AI features that ship, not demos. pitchdeck.my's build arm is an AI agency: we study the Malaysian business first, find where AI actually saves hours or unlocks revenue, and build only that.

RelatedAI agent·custom software·MVP (minimum viable product)

API

An Application Programming Interface — a way for one piece of software to talk to another, e.g. a checkout on your site asking a payment gateway to take RM100. Most modern Malaysian SME software is just a collection of APIs wired together (payment, SMS, WhatsApp, accounting, e-invoice).

RelatedSaaS (software as a service)·custom software·automation

automation

Using software to do a task that a human used to do by hand — copying data between apps, sending reminders, generating invoices. On pitchdeck.my's build work, automation is almost always the highest-leverage first step for a Malaysian SME: the manual hours saved pay for the build directly.

Relatedbusiness automation·RPA (robotic process automation)·intelligent automation

B3 terms

build (in pitchdeck context)

On pitchdeck.my, a 'build' is the work our digital-services arm does for a founder — custom software, AI, automation, a website, a chatbot. Listing on the marketplace afterward is optional; the build exists to get the business operationally ready, not to gatekeep who can join.

Relatedcustom software·AI agency·MVP (minimum viable product)

business automation

Automation targeted at the running of the business — order entry, invoicing, stock counts, AR follow-ups, delivery updates. Most of the manual hours inside a Malaysian SME sit in these workflows, and business automation is where we usually find the fastest payback on a build.

Relatedautomation·RPA (robotic process automation)·SaaS (software as a service)

C1 term

custom software

Software built for one business's actual workflow, instead of forcing that business to fit an off-the-shelf tool. pitchdeck.my's default build is custom software shaped to how a Malaysian SME really runs — inventory that matches the real stock flow, ordering that matches the real counter, not a bloated licence the team resents paying for.

RelatedSaaS (software as a service)·MVP (minimum viable product)·build (in pitchdeck context)

E1 term

F1 term

fractional CTO

A senior technical leader hired part-time or project-by-project, instead of as a full-time executive. For Malaysian SMEs that need technical direction but can't justify a full-time CTO salary, a fractional CTO is usually the most honest answer — and pitchdeck.my's build arm plays this role for several of our clients.

Relatedcustom software·build (in pitchdeck context)·AI agency

I1 term

intelligent automation

Automation that uses AI to handle steps a rule-based bot can't — reading an unstructured WhatsApp message, deciding which of three order types it is, extracting a number from a PDF. It's the difference between a script that copies a column of data and a system that actually understands what the data means.

Relatedautomation·RPA (robotic process automation)·AI agent

L1 term

LLM (large language model)

Large language model — the AI model class behind ChatGPT, Claude, Gemini, and most modern chatbots. LLMs read and write text well enough to power a WhatsApp concierge, a FAQ bot, or an internal document-search tool, and they're the engine pitchdeck.my's build work plugs into for most AI features.

RelatedAI agent·prompt engineering·RAG (retrieval-augmented generation)

M6 terms

MDA (Malaysia Digital Economy Corp, was MDEC)

Malaysia Digital Economy Corporation — the statutory body set up (originally as MDEC) to drive the country's digital economy. Rebranded to Malaysia Digital Economy Corp / MDA, it runs programmes for Malaysian tech companies, talent, and SME digitalisation.

RelatedMDEC (legacy name of MDA)·MyDigital·Malaysia Digital Economy Blueprint

MDT (Malaysia Digital Test)

Malaysia Digital Test — a structured assessment under the Malaysia Digital programme (formerly MSC Malaysia) that companies go through to qualify for incentives, status, or support. Relevant for Malaysian SMEs that want to be officially recognised as a digital-economy business, and pitchdeck.my's clients sometimes pursue this after their build is operational.

RelatedSME (small and medium enterprise, Malaysia definition)·MDA (Malaysia Digital Economy Corp, was MDEC)·Malaysia Digital Economy Blueprint

MVP (minimum viable product)

Minimum viable product — the smallest version of a product that's still worth putting in front of real users. pitchdeck.my's builds are typically MVPs in this sense: lean enough to ship in weeks, sharp enough to take real orders, and grown only as the business earns the next feature.

Relatedcustom software·build (in pitchdeck context)·SaaS (software as a service)

P2 terms

POS (point of sale)

Point of sale — the system that handles a transaction at the counter (or on a phone / tablet for a modern Malaysian SME). A POS is usually more than just a cash register: it prints receipts, updates stock, records sales for SST, and feeds the daily numbers the owner checks in the morning.

RelatedSaaS (software as a service)·custom software·automation

prompt engineering

The craft of writing instructions and examples that steer an LLM to produce the output you actually want. For Malaysian businesses using AI in a customer-facing way, good prompt engineering is the difference between a bot customers can rely on and one that hallucinates an out-of-date price.

RelatedLLM (large language model)·AI agent·RAG (retrieval-augmented generation)

R2 terms

RAG (retrieval-augmented generation)

Retrieval-augmented generation — a pattern where an LLM answers a question by first pulling the relevant documents (your menu, your SOPs, your product list) and then drafting a reply grounded in them. It's how a serious Malaysian-business chatbot stays accurate: it doesn't guess from the model's general knowledge, it answers from your own data.

RelatedLLM (large language model)·AI agent·prompt engineering

RPA (robotic process automation)

Robotic process automation — software 'bots' that click through a user interface the way a person would, automating the manual data entry and copy-paste work inside legacy systems that don't have proper APIs. For Malaysian SMEs still on older accounting or stock software, RPA is often the bridge that lets them automate without ripping anything out.

Relatedautomation·business automation·intelligent automation

S3 terms

SaaS (software as a service)

Software as a service — paying a monthly subscription to use software that lives on someone else's servers, instead of installing it on your own computer (think Xero, Shopify, Foodpanda Merchant). The opposite trade-off to custom software: cheaper and faster to start, but the tool stays someone else's idea of how your business should run.

RelatedAPI·custom software·POS (point of sale)

SME (small and medium enterprise, Malaysia definition)

Small and medium enterprise — in Malaysia, defined by SME Corp Malaysia as firms with annual revenue below RM50m (manufacturing) or RM20m (services / other), or employees below 200 / 75 respectively. Most of pitchdeck.my's build clients sit firmly in this band, which is also where the manual-work bottleneck and the grant-eligibility question overlap the most.

RelatedMDA (Malaysia Digital Economy Corp, was MDEC)·MVP (minimum viable product)·ECF (equity crowdfunding, Malaysia)

Missing a term? It'll show up as we publish new builds and blog posts — and we add the words readers ask about most.

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