Company Profile

Introduction

Technovator was founded in July 2005 by Tsing Hua Tong Fang (http://www.thtf.com.cn/), a US$ 1 billion blue chip company listed in China’s Shanghai Stock Exchange.

The establishment of Technovator in Singapore is part of the strategy for Tsing Hua Tong Fang to achieve its vision of being “A World Class Hi Tech Company”

Technovator provides a wide range of products and professional services within the Building Technology sector. Building Technology encompasses all Extra Low voltage(ELV) products or services including :

§         Building Automation (Open Standards Systems)

§         Security and Access Control

§         Multi-media Conference Facility Systems

§         Fire Automation System (Intelligent analogue)

§         Hi Tech Building Products

Market Feedback

Technovator was formed following industry feedback thru extensive discussion with consultants, contractors, and end users in Asia market and in particularly the major property developers and facilities management companies in Southeast Asia, Northeast Asia and China.

The overwhelming message from this survey is that there is a demand for a place or one-stop building technology shop where suppliers and end users could avoid going through the hassle of matching their products or systems to the needs of the end users, or selling the value of the product or systems to the end users who do not appreciate their value and will not pay for the value of the features.

Most of the time, the end users has claimed that they are paying for a system which would not address their pains and needs or, overpaying for a system which could do at a lower price to overcome the pains. Worst of all, the investment will never return.

Industry Gap

A Gap has been developed in the market over the last 5 years or so, which has been created by mergers and acquisitions of many traditional suppliers and their focus on product volumes and corporate benchmarking on profiteering.

These mergers and acquisitions have totally discarded the early good intention of the traditional suppliers to maximize customer value with the lowest cost.

Open standards systems advocators of giving the end user the freedom of choice and full strategic flexibility is getting lesser and lesser.

Multi-vendors philosophy to give the customer the benefit of vendors independence has started to disappear slowly and every suppliers is trying at all means to put in embedded “lock in” features either in software or hardware tools to stifle full openness by “Advocating and yet not practicing”.

Nevertheless, prices has gone up indirectly and worst of all, suppliers are selling expensive technology features that could not translate into true tangible benefits.

The market is eagerly waiting for a true independent company without the normal conflict of interests that arise from being tied to any particular product range or systems philosophy, to help them to select innovative quality products with affordable price to meet their expectation and create a shorter return to their investment.

Why Technovator?

Technovator was formed to address the Gap in the market. The vision is “ To be the best place where customers and suppliers could get value for money, innovative and quality products, and superior service in building technology by active management of supply chain and sales channels”

Our Mission is

“ To provide the best value in terms of utility, quality, pricing and cost which the “MASS” market could

afford on building technology”

In short, “As good but affordable”.