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CooperVision wins at SBR Technology Excellence Awards
Its MiSight® 1 day control treatment for myopia won in the Biotechnology - Health Product category.
CooperVision wins at SBR Technology Excellence Awards
Its MiSight® 1 day control treatment for myopia won in the Biotechnology - Health Product category.
SAS Institute and CIMB Singapore receives award for Analytics – Banking
The SAS Viya platform helped accelerate CIMB Singapore's digital transformation journey.
VIAVI bags Network and Broadband Telecommunications Award
VIAVI creates a user-friendly and smart optical fiber meter that certifies and troubleshoots fiber links with ease.
Tencent receives Technology Excellence Award for cloud services
Tencent Cloud's aim to be a leading cloud services provider and digital solutions creator has proven itself in its clients’ significant growth even during the pandemic.
Surbana Jurong Consultants Pte Ltd bags Augmented and Virtual Reality Award in engineering
Its Computer-Aided Virtual Reality Environment gives users an immersive visualisation and shared experience when viewing a 3D environment.
Avient takes Technology Excellence Award in Digital - Chemicals category
Avient's InstaColr makes the process of creating masterbatches faster and more cost-saving. Avient’s expertise in developing and producing color and additive concentrates has made the company a leading player in the Masterbatch industry. Masterbatches, which are mainly used by producers of plastic articles with the purpose of getting the right color and functionality for their applications, undergo an extensive process before these are made. The entire process is significantly shortened with the use of Avient’s iPad app, InstaColr. And it's this technology that has garnered Avient the Singapore Business Review’s Technology Excellence Award in the Digital - Chemicals category. Masterbatch, which is a concentrated mixture of pigments and/or additives encapsulated during a heat process into a carrier resin, is used for colouring plastics (colour masterbatch) or imparting other properties to plastics (additive masterbatch). Currently, the process of creating masterbatches takes one to two weeks to be completed. It starts with a salesperson meeting a customer to inquire about their colour and performance preferences. This data is relayed to a colour matching laboratory, which starts working on matching the customer's requirements. This process usually takes more than a week to complete, at which point the masterbatch sample is sent to the customer for evaluation. The process might be repeated again if the result is not specific to the customer's preferences, or the requirements were subsequently modified. Consequently, this adds a few more weeks of discussions before the business is closed. Avient's innovative InstaColr cuts the entire time to just two to five days. Launched in June 2019 in South East Asia and currently being piloted there, the process starts with the salesperson collecting all requirements on the spot during a meeting with the customer and confirming the colour using the InstaColor app. If the customer isn't satisfied, then the customer can also use the app to adjust the target colour right on the spot. Once all the information is collected, the InstaColr engine instantly develops up to three tailor-made matches and includes the associated price and specifications for these matches. Once the customer makes a choice, the underlying formulation and other requirements are transferred immediately to a colour matching lab, which produces a corresponding sample for the customer. The customer receives this sample within two to three days. "The chief benefit is time saved, and time is money," said Avient. "This technology is a first in the market and currently no competitor comes close to catching up, giving us a significant competitive advantage." InstaColr earned more than USD 170,000 in sales in the first full year alone. It is in Beta phase in South East Asia, with plans to extend its sales to Europe and other regions. "The final goal for InstaColr is to increase sales, increase margin and reduce lab time per colour match," Avient added. "The pandemic significantly affected our timeline, but we still managed to reach our business targets for 2020."
LogRhythm scores hat-trick for ‘Best SIEM - Computer Software' at SBR Technology Excellence Awards
Award-winning NextGen SIEM platform was vital to protecting critical patient data for Victoria’s public hospital network, especially amid a global pandemic
IHH Healthcare Singapore scores a win with customized mobile apps for healthcare at Technology Excellence Awards
IHH SG was able to leverage its data to improve patient care and enhance customer experience.
Fullerton Health bags Singapore Business Review's tech award for digital-health services
Its free AI-enabled COVID-19 Symptom Checker uses digital solutions to deliver critical services to the Asia Pacific region.
Far East Organization garners second win at SBR Technology Excellence Awards
Developer awarded in Digital – Real Estate category for its Central Engineering Management System, after its win last year for its Group IT Digital Lab.
AIA Singapore Wins Digital Award for Life Insurance
AIA's artificial-intelligence-enabled platform streamlines the claims process for a faster and seamless end-to-end digital claims experience.
SP Group launches green financing framework
The company also secured $100m in green loan facilities from DBS, OCBC Bank and UOB.
Going somewhere? ComfortDelGro Taxi rides offered on Lazada
Lazada customers can now book ComfortDelGro taxi rides without exiting the ecommerce app.
CIMB Bank's Benjamin Tan shares insights on leadership and success
The Head of Commercial Banking thinks that the 'human touch' elements of CIMB are what sets them apart from other digital banks.
SMRT to convert taxi fleet to electric in five years
SMRT would be the first point-to-point transport operator to deploy electric taxis on a large scale.
Nanofilm launches venture into hydrogen energy with Temasek
This marks Nanofilm’s first venture into the market.
Ernst & Young's Max Loh sheds light on the new business landscape
EY's Singapore and Brunei managing partner believes there are four ‘megatrends’ that companies should watch out for.
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