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CEO Derrick Yap emerged Distinguished Winners of the SMF Business Model Innovation Award during the Singapore Manufacturing Federation Awards event yesterday. The SMF Awards saw a total of 17 companies awarded for their innovative, collaborative, and sustainable efforts. The award recognises the business transformation of the Group after adopting a new business model to provide robotic solutions after realising its trading business model may not work in the decades to come and also our contribution to Industry 4.0.
Finance Minister Heng Swee Keat stresses the importance of adoption of Industry 4.0 technologies to remain relevant in the highly globalised and competitive sector for Singapore manufacturers. Read more in the article above.