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XTS TECHNOLOGIES

Leading Factory Automation from Robotic Automation Modules to Automatic Warehouse

SUMMARY VIDEO

COMPANY DETAILS

SUMMARY

XTS Technologies Sdn. Bhd. is the leading Factory Automation in Malaysia to deliver HIGH Quality and Cost EFFECTIVE solution in industrial automation. From stand-alone Robotic automation equipment for production plant with cloud platforms which can immediately grab the device status anywhere to ASRS Warehouse and logistic solution to improve the efficiency of picking speed, but can also reduce the time for picking staff to think and judge, improve shipping and distribution logistics efficiency.

The dynamic team specializes in designing, manufacturing, implementing, and marketing. We consistently improve our skills to approach modern manufacturing practice. Industrial automation is now becoming a reality to the industries. XTS Technologies' vision is to be the pioneer of industry 4.0, we are prepared to help the industry from production to warehouse to transform into SMART Factories. We offer the latest manufacturing solution that can integrate automation in manufacturing processes to avoid human error, reduce labor, and increase productivity in the operation process.

XTS implements secure network infrastructure and smart devices for efficient data collection which able to turn data into actionable information between manufacturing module on the production plant floor and the rest of the enterprise. Real-time data allow management to view from cloud platforms and deliver the most impactful manufacturing results on time.

 

PROBLEM

Most of the factories have many labor issues such as Lack of Manpower, Human Error, No Consistency on working, No Tracking on Workers’ performance, No Traceability etc. on the current manufacturing situation- this is especially worse during Covid -19 pandemic. The permit and cross border issues for foreign workers are becoming a serious issue to the factory and warehousing, plus the wages of worker keeps increasing the burden to the company.

 
SOLUTION

Automation is the technology solution with a process or procedure to perform minimal human assistance. Automation or automatic control is the use of various control systems for operating equipment such as machinery, processes in factories, robot automation, automated warehouse and other applications, and auto guided vehicles to minimal or reduced human intervention.

Automation can cover applications ranging from incoming goods or material to a large industrial control system with thousands of input measurements and output control signals. In control complexity, it can range from simple on-off control automation to a multi-variable high-level algorithms warehouse system.

 All this data can be loaded into the cloud to let the user access the data in any way you located and compile all the information of your automation moving towards industry 4.0

Automation has been achieved by various types which includes mechanical, design, pneumatic, electrical, electronic devices, robot AI, PLC and PC control, and in combination. The benefit of automation includes labor saving, saving in electricity cost, saving in material costs, and improvement to quality, accuracy, and precision.

 

PRODUCT

XTS has the most complete automated equipment production line in the industry, which has included multi-functional robotic arms, module automation, conveyors, shuttles (RGV), and auto guided vehicles (AGVs).

Shaping the vision of industry 4.0 for all the users, XTS has developed a smart factory: FAST, FLEXIBLE, and SCALABLE INTEGRATION from OT to IT. XTS Technologies able to design and build from Modular, Compatible, Flexible, and Scalable automation to reduce complexity and the cost of integration.

XTS uses Technology Products such as vision, gripper, sensor, Control, and etc.

 

Built from Technology Products to Smart Production Modules that easy to fit into current space.

 

XTS Industry 4WARD is End to End Solution that combine all the modules become Production Line to whole factory automation complete with warehouse and logistic distribution automation with IoT ready and easy expansion to other system. Year 2021 XTS will concentrates on Automatacic Storage & Retrieval System (ASRS) due to E-commerce sales is increase and warehouses is concentrated in Malaysia.

 

XTS Industry 4WARD start from side Visit ➔ Design ➔ Build ➔ Onboard ➔ Monitor from Cloud.

Company Road Map

 

TRACTION

3 years of profit track record XTS has a reliable business model.


Revenue has grown from RM3.91 mil in 2017 to RM6.902 mil in 2019 with CAGR of 20.86%

Estimate for RM9.80 mil in 2020 tracking CAGR 25.82%


Gross Profit has grown from RM1.294 mil in 2017 to RM3.259 mil in 2019 with CAGR of 36.06%

Estimate for RM4.98 mil in 2020 tracking CAGR 40.06%

  • 2021 Est. Forecast estimation base on normal sales and in the pending order
  • 2022 Est. Forecast with ASRS project
  • 2023 Est. Forecast with Turn Key Factory Automation
 
CUSTOMERS

XTS  started gaining customers in the year 2009, most of them were from Hardees and Semicon industries such as Seagate, Western Digital, Texas Instrument, ShimEtsu and etc. In the year 2013, XTS moved into the Automotive industry as the first tier and second-tier supplier in Hicom Diecasting, Hicom Yamaha, Akebono, and even move towards to end-user such as Perodua, Proton, and Toyota. XTS started to venture into Oil & Gas Industry like Aker Solution in the year 2015. In the year 2017, XTS moved towards Food & Beverage Industry; Mewah Oil, Heineken, Guan Chong Cocoa started to look for XTS for automation for this line. In the year 2019, Logistics and warehousing customers started to enquire about automation from XTS. We have delivered our servicing to Kerry Logistic, Agility and etc.

XTS has  built a value-added automation application. Therefore, we can market to international customers.

 
BUSINESS MODEL

1) Design & Educate

Many Customers in the factory or commercial lines do not understand how to make their industry towards automation and venture into industry 4. Therefore, we can offer free site visits by capable engineers and designers and come out with a module concept for them. We can guide them to reduce human error and move towards Industry 4.0. step by step.

2) Build

Build Automation from Automation Module can reduce worker from 1-2 people to Automation Production Line from 5-20 workers. By the end, warehouse Automation can reduce a lot of Spaces and Human Error, yet this system also can link up to the server & cloud for monitoring purposes. With our professional services and training to be provided, the user can slowly learn familiar from small scale or area and expand to the whole factory.

 

 

3. Maintenance and Services

Monitoring customer production line service by using IoT access.

Service Maintenance for customer production line and warehouse by signing a service contract and expand to another automation system in the premises.

 

MARKET

Malaysia’s total automation and control systems market, which will be worth US$409.0 million by 2021, must embrace new technologies such as the Internet of Things (IoT) and increase collaboration to add value and growth opportunities like product Industry 4WARD by XTS. 

The economic crisis induced by a pandemic is likely to encourage a surge of labor-replacing technology. This situation is propelling a new wave of automation. Especially Robot Process Automation (RPA) can reduce risk of contamination. 

Government Support

There are several government incentives to aid manufacturing and infrastructure spending as well as an established end-user base of sophisticated automation systems, are driving growth in the region such as:

1) Domestic Investment Strategic Fund (DISF) Grant 50:50 matching grant

2) Industry 4Readiness grant 70:30 matching grant

3) Automatic Capital Allowance (ACA) 200% on the first RM2million expenditure incurred in 5 years.

Loan for Automation initiate by Government

1) Soft Loan Scheme for Automation and Modernisations (SLSAM) 4.0% interest rate per annum for SME's

2) Industry Digitalisation Transformation Fund (IDTF) target sector AI, Robotics, Automation provide a 2% interest rate subsidy.

 

With this Government initiative on support Automation and IoT 4 program, XTS capabilities to successful growth market in a fiercely competitive ecosystem to the user. XTS embraces new technologies such as the Internet of Things (IoT), collaborates with machine-to-machine (M2M) technologies, and improve production capabilities.

The Eleventh Malaysia Plan by the government for the period 2016-2020, is aimed at the development of all the sectors driving the economy of the country such as the services sector, manufacturing sector, and others. It also focuses on the improvement of logistics infrastructure in the country. West Port, the newest port area in Port Klang, plans to increase its capacity by 50 percent to 30 million TEUs per annum by 2040. The development of container terminals 10 to 19 is expected to be finished by the end of 2019. Digital Free Trade Zone (DFTZ) will go on to boost the e-commerce sector in Southeast Asia. The hub is to be launched by 2019 with centralized customs, warehousing, and fulfillment functions. The automatic Storage & Retrieval System become a more important and huge market.

 
COMPETITION

Overseas Automation companies from Japan, Europe, and America offer

  • Standard solution, no customizations
  • A high price which cannot fulfill customer’s special requirement.

The competitors are companies such as Swisslog, Daifuku, Muratec, Dematic.

Competitive Advantage

1) Design

Imagination is much more important than knowledge. Knowledge is limited, whereas imagination can embrace the entire world. We design to fulfill customer’s needs from concept to reality.

• Technology-led Design
• Customisations  
• Design & Innovation of Automation
• Present products - Automation Designs 
• User-Friendly Automation

Knowledge of Automation to build an affordable system is the key differentiator.

2) Experience

Accumulated 11 years of professional experience specializes in the whole plant automation equipment until logistic warehouse, in line with the production process of the factory - from Planning, Design, Manufacturing, Quality control, Installation, Service, providing comprehensive maintenance and quality assurance service during the warranty period, to provide high quality and work efficiency. XTS produces first-class equipment to suit your needs.

3) Standardization

Working hours have been shortened due to the automation system can provide consistent works, professional, and experienced On-site construction. We support 24/7 professional service at affordable prices for standard maintenance.

 

FUNDING

In the past, we have sustained by our existing shareholder’s fund to have organic growth on the initial product development and talent. Subsequently, we grew organically without external funding, with a very convincing result.

We are raising RM4.8 million in exchange for 7.41% equity. Funds would be utilized in the proportions highlighted below:

 

Investment Offering

 

VISION

To Become Leading Factory Automation Solution Provider in the Market to provide Xtra Total Solution to User.

 
FOUNDERS

Xteven Teoh Hoe Seong

Xteven Teoh founded XTS after more than 5 years of working experience in Emerson Electric (Branson) & 3 years in the Automation industry.

After graduation, Xteven has his first job in Singapore based Automation company, which involved in Precision Vacuum Handling System and Automation. He used 3 years to gain experience and explore the market of Automation industrial.

Prior to XTS, he has been proven track record of delivering good marketing & sales results during his employment in Branson – Subsidiary of Emerson Electric Fortune 500 Company.

During his employment in Emerson, he has been selected by Emerson to have training in Japan Technical Centre and awarded the Rookie of the year & best sales award in Malaysia.

The Year 2018 invited to KUKA System Partner Summit 2018 by KUKA.

The Year 2019 invited to Brainstorming Workshop 2019 by SFEIA

The Year 2019 invited to ASEAN-Korea Robot Business Forum 2019 by MIDA.

 
TEAM

XTS has an Experienced and Productive team. The organization chart states below showed the current organizational structure ensuring the automation in place with excellent condition.

 


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17
SEP

XTS Invited to attend MIDA's API enabling more local firms to adopt automation

4 days ago by XTSSB
draft

KUALA LUMPUR, Sept 15 -- The Malaysian Investment Development Authority (MIDA) launched the Automation Project Initiative (API) at MIDA Sentral here today. 

The government’s principal investment promotion and development agency, which is under the Ministry of International Trade and Industry (MITI), said the initiative aims to enable businesses to adopt automation and smart manufacturing technologies in their business processes and operations.

MIDA chief executive officer Datuk Azman Mahmud said the automation of activities enables businesses to improve performance by reducing errors and improving quality and speed, sometimes achieving outcomes beyond human capabilities. 

"Automation also contributes to increasing productivity. At a time of lacklustre productivity growth, this would give a needed boost to economic growth and prosperity," he said in a statement.

Among the 11 participating companies and 20 system integrators at the event XTS Technologies Sdn Bhd is one of the System Integrators that invited by MIDA.

The event included a comprehensive presentation from MIDA regarding various automation and Industry4WRD facilitation initiatives offered by the government. 

These include the Domestic Investment Strategic Fund (DISF), Industry4WRD Intervention Fund, Automation Capital Allowance and the Digital Technology Acceleration Programme (DTAP) that are in place to assist companies in their automation journey.

According to the statement, a total of 318 applications have been approved for the automation capital allowance as of this month.

Companies that have leveraged on these facilities have experienced the tangible benefits of automation, MIDA said.

It added that based on the impact analysis of 245 projects approved as of Dec 31, 2019, these companies have invested more than RM430 million in automation, machinery and equipment.

As a result, companies reported an average of 180 per cent improvement in production volume as well as cost savings from the reduction of over 3,600 unskilled workers.

Azman said among the biggest misconceptions surrounding automation are the high cost of adoption and the scale of undertaking that requires the revamping of the entire production line. 

"Companies can start with simple devices to enable data collection, analytics and gradual enhancements to sophisticated machinery and equipment which are adaptable to artificial intelligence and other Industry 4.0 technology. 

“MIDA will do our best to support and facilitate these automation undertakings,” said Azman.

Press

BERNAMA

http://www.bernamamrem.com/viewsm.php?idm=38133

MIDA 

https://www.mida.gov.my/home/11038/news/mida’s-automation-project-initiatives-(api)-enabling-more-local-companies-to-adopt-automation/

 

02
SEP

Kuka System Partner

19 days ago by XTSSB
draft

XTS-Kuka System parter

We are proud to announce that XTS Technologies Sdn Bhd is Official System Partner for KUKA Robotics.

Signing Ceremony XTS & KUKA

CEO of KUKA Robotic Malaysia - Darren Chan (Left) and Managing Director of XTS Technologies Sdn Bhd - Xteven Teoh (Right) on the signing ceromony.



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