Company Market Research Report: TimeTec
Company Overview
Name of the Company: TimeTec
Vision & Mission:
- Vision: To be the leading catalyst for transformative change in workforce management, property management, smart parking, security, and people flow solutions. Aspires to pioneer innovations that enhance urban living experiences globally.
- Mission: Drive a paradigm shift in interactions with professional and personal environments for improved efficiency, productivity, and quality of life. Empower individuals and organizations to thrive in the digital era and advance smart cities worldwide.
Foundation Details:
- Founded: 2010
- Founders: No specific information provided.
Key People:
- Teh Hon Seng: Group Chief Executive Officer, has more than 25 years of experience and 28+ patents filed.
- Barry Chai: Chief Technology Officer, with over 15 years of R&D experience.
- Ivy Lee Mee Yee: Chief Financial Officer, expertise in financial reporting and analysis.
- Ir. Prof Dr. Koo Voon Chet: Chief AI Advisor, with extensive academic and publications records.
- Pang Kok Loong: Vice President, Product, led product development for cloud solutions.
- Aiden Teh Ke Huan: Vice President, Growth, focuses on business growth and expansion.
- Tammi Phoon Mee Ling: Associate Vice President, Sales, developing and implementing sales strategies.
Headquarters: Kuala Lumpur, Malaysia
Number of Employees: No specific number provided.
Revenue: No information is available.
Company Recognition:
- Known for: Solutions in workforce management, property management, smart parking, security, and people flow.
- Presence in: Over 150 countries with a global sales network.
Products
1. HR Suite: Comprehensive HR management solutions including attendance, leave, claims, payroll, appraisals, recruitment, and analytics.
- Key Features: Cloud-based, automated processes, performance appraisals, and detailed analytics.
2. Property Management:
- iNeighbour: Smart Residential Community System for better management of community interactions.
- i-Account: Property accounting system.
- Vacant Possession & Defect Management System: Built for developers.
3. Marketplace: Near Field Commerce for consumer interactions in smart cities.
4. Building Solutions:
- TimeTec Building: Comprehensive commercial property management.
- Parking: Smart Parking System
- Maintenance: Facility Maintenance System
5. Security & People Flow:
- Visitor: Cloud Visitor Management System.
- Access: Cloud Access Control Management System.
- Patrol: Efficient Guard Patrolling Management.
- Surveillance: Video Surveillance System.
6. Biometric Devices & IoT Solutions: Fingerprint & facial recognition, people flow, and smart home solutions.
7. Smart Home: TimeTec Smart Home system for smart community living.
8. Cloud City: Ecosystem integrated for smart city solutions.
Recent Developments
- 2024:
- Launched iNeighbour Analytics and Ingress Analytics (Big Data Analytics).
- First billboard ads for TimeTec Parking in Kuala Lumpur, Malaysia.
- 2023:
- Launched TimeTec Access and TPK-2 (Smart Parking IoT).
- New partnerships with HIKVision for HR Suite, Property Management & Parking Automation.
- Collaboration with Setel for Cashless Parking Solutions.
- Comprehensive achievements in user growth and patents.
- 2022:
- Expansion with TimeTec Parking and TimeTec Hire, introducing comprehensive HR App solutions.
- Partnership with Touch & Go for cashless parking solutions and milestone achievements at FIFA World Cup Qatar 2022.
- Strategic Moves:
- Engaged with high-profile partnerships and received technology grants.
- Notable efforts in the CSR domain for neighborhood relief during the COVID-19 pandemic.
Conclusion
TimeTec has established a robust presence in the smart city ecosystem by innovating and offering comprehensive solutions in HR, property management, smart parking, and security. The company's strategic partnerships and consistent product innovations underscore its mission to enhance efficiency and urban living experiences globally. While financial specifics are not disclosed, TimeTec's growth trajectory demonstrates a significant impact in various international markets.