You might have used Fitbit in your daily exercise routines. But did you know factory machines use an equivalent of Fitbit too? In fact, we’re going to talk to a company that offers “Fitbit-for-machines” services using the Internet of Things.

In layman terms, the firm offers a scalable digital factory system comprising of hardware equipment that tracks the steps or output, the heart rate or the temperature and mixing speed, as well as the sleeping pattern or the idling time of a machine. 

Data collected by the equipment will be automatically analysed with a software to provide factory owners a broad overview of what’s happening on the factory floor and if there are any problems with factory equipment that needs to be solved.  

The solutions can be deployed within a matter of days and can help clients achieve up to 10 to 30 per cent gain in productivity, energy or maintenance. 

But how does this work exactly, and how does Auk Industries differ from other IoT solutions providers? 

Meanwhile, Auk Industries says it serves a wide range of clients ranging from a small Nonya confectionery shop in Bedok to large Fortune 500 companies.

Question is – what is it about Auk Industries’ proposition that allow it to cater to the needs of clients with operations that seem vastly different? 

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Samuel Tan, CEO & Cofounder, Auk Industries for more.

You might have used Fitbit in your daily exercise routines. But did you know factory machines use an equivalent of Fitbit too? In fact, we’re going to talk to a company that offers “Fitbit-for-machines” services using the Internet of Things.
In layman terms, the firm offers a scalable digital factory system comprising of hardware equipment that tracks the steps or output, the heart rate or the temperature and mixing speed, as well as the sleeping pattern or the idling time of a machine. 
Data collected by the equipment will be automatically analysed with a software to provide factory owners a broad overview of what’s happening on the factory floor and if there are any problems with factory equipment that needs to be solved.  
The solutions can be deployed within a matter of days and can help clients achieve up to 10 to 30 per cent gain in productivity, energy or maintenance. 
But how does this work exactly, and how does Auk Industries differ from other IoT solutions providers? 
Meanwhile, Auk Industries says it serves a wide range of clients ranging from a small Nonya confectionery shop in Bedok to large Fortune 500 companies.
Question is – what is it about Auk Industries’ proposition that allow it to cater to the needs of clients with operations that seem vastly different? 
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Samuel Tan, CEO &amp; Cofounder, Auk Industries for more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Under the Radar: “Fitbit-for-machines” - Auk Industries on the use of IoT hardware and software solutions to monitor activity on factory floor; Its competitive edge; Serving a wide range of customers from a Nonya confectionery shop to Fortune 500 companies; Southeast Asia’s potential given its huge manufacturing base

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