Sunday, January 14, 2018

Appraise the CEO

Who appraises your CEO of your company? For public listed entity, or privately-held company with private equity investors, the CEO's appraisal will be done by a Task Force, or often, the Board.

For Innov8tif, as we have been, and still a self-funded company, there is no Board above the CEO - my partner-in-crime, George. This year, George suggested for himself to be "grilled" by the key management personnel. Here we go, I received a calendar invitation to conduct an appraisal interview for my CEO this week ;)

If you are an Innov8tor reading this post, and you have an appraisal message that you wanted to tell George, yet to remain anonymity, you can let me know!

Monday, January 8, 2018

CSR Contributed by Team Member's Success

Our Director of Strategic Business, Mr. Tan, has coined an interesting idea for how we will be doing social contribution through donations. For every success identified to an individual team member in 2017, the Company will be contributing a sum of money.

Collectively, 20 successes were identified with staff recognitions. What made it more interesting, is Tan's association of some successes to recognise staff's personal achievement, not entirely work related. For example, we have a few foreign talent colleagues who originated from countries with ongoing armed conflicts. The mental distress of these colleagues, and the challenges they have been through to finally settled down in Malaysia - a peaceful land, with their beloved family members, is undeniably a big personal achievement. Besides, we also have a single-mother colleague as part of our growing team. If making a living with 2 income sources (from working husband-and-wife) to support dependent in metropolitan city is challenging, could you imagine the challenges on a single-mom?

A small donation was contributed to Malaysian Association for The Welfare of Mentally Challenged Children. From, The Avengers.

Thursday, January 4, 2018

Innov8tif Completes Real IT Acquisition, Strengthening Southeast Asian Market Presence

SINGAPORE – Innov8tif Solutions Sdn. Bhd. today completed its acquisition of the operating business of Real IT Consultancy & Services Pte Ltd – an Accredited Partner of Joget Workflow for the Singapore’s market.

As part of the acquisition process, Real IT has also been renamed to Innov8tif Solutions Pte Ltd. ACRA registration number of the UEN (unique entity number) remains unchanged.

Innov8tif combines this asset with its existing Joget Workflow distribution business to strengthen its position in Southeast Asian market, along with its new joint venture in Jakarta.

All existing customers of Real IT will be seamlessly served and supported by Innov8tif. The two major shareholders and founders of Innov8tif are former co-founders of Joget Workflow, and Innov8tif has accumulated Joget Workflow implementation and consultancy track records since Innov8tif’s inception in year 2011. Today, Innov8tif is equipped with JOGS (Joget Global Specialists) team to serve regional partners and clientele.

George Lee, CEO of Innov8tif, said, “The close of this acquisition represents a significant step in growing the regional scale needed for our software business in the arena of business process digitization. Through this acquisition, we can also expand the reach of our e-KYC solution into one of the most exciting fintech markets.”

George Lee is also leading efforts to expand Innov8tif’s market reach in the largest Southeast Asian economy – Indonesia, through a new joint-venture as PT. Innov8tif Karta Solusi.

Besides Joget Workflow, Innov8tif is also the regional partner of Microblink Ltd. for cutting-edge mobile OCR (optical character recognition) technology, and a partner of Megvii Technology Limited for world-renowned facial recognition API seen in Alipay. Combined with Innov8tif’s e-KYC (know your customer) process, these components form a strategic alliance that is key to today’s and tomorrow’s digital banking experience. Kenwei Lim the CTO and Nathan Cheong the in-house researcher, are driving technology roadmap of Innov8tif’s e-KYC offerings.

As we have just entered a new year – 2018, Innov8tif wishes its customers and partners, abundance of blessings and joy.