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How This 'Vending Machine' Speeds Up & Shrinks Your Warehouse

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Manage episode 496254657 series 2926381
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Warehouse automation has long been seen as a multi-million dollar game reserved for giants. Backed by Pentamaster, Malaysian deep tech startup Pingspace is attempting to change that, making advanced robotics accessible to all businesses through a Hardware-as-a-Service (HaaS) model for its automated cube-based storage systems that function like "giant vending machines."

Founder and CEO Chuah Di Ken joins us to share his journey of building a hardware-heavy startup. He discusses their HaaS model, how their technology makes warehouses 4x more space-efficient, and their ambitious plan to grow from RM10 million to RM40 million in revenue next year.

We discuss:

  • The "Matrix Storage System" and how it makes warehouses more efficient.

  • The Hardware-as-a-Service (HaaS) model that makes automation affordable.

  • The strategic and familial (father-son) relationship with Pentamaster, which is both an investor but also Pingspace’s manufacturer.

  • The founder's journey from food science to deep tech robotics.

  • Their growth plan for scaling in Malaysia and expanding overseas.

    For business owners in logistics and manufacturing, and anyone interested in the future of automation, this is a look at a Malaysian company building the warehouse of the future.

See omnystudio.com/listener for privacy information.

  continue reading

1820 episodes

Artwork
iconShare
 
Manage episode 496254657 series 2926381
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Warehouse automation has long been seen as a multi-million dollar game reserved for giants. Backed by Pentamaster, Malaysian deep tech startup Pingspace is attempting to change that, making advanced robotics accessible to all businesses through a Hardware-as-a-Service (HaaS) model for its automated cube-based storage systems that function like "giant vending machines."

Founder and CEO Chuah Di Ken joins us to share his journey of building a hardware-heavy startup. He discusses their HaaS model, how their technology makes warehouses 4x more space-efficient, and their ambitious plan to grow from RM10 million to RM40 million in revenue next year.

We discuss:

  • The "Matrix Storage System" and how it makes warehouses more efficient.

  • The Hardware-as-a-Service (HaaS) model that makes automation affordable.

  • The strategic and familial (father-son) relationship with Pentamaster, which is both an investor but also Pingspace’s manufacturer.

  • The founder's journey from food science to deep tech robotics.

  • Their growth plan for scaling in Malaysia and expanding overseas.

    For business owners in logistics and manufacturing, and anyone interested in the future of automation, this is a look at a Malaysian company building the warehouse of the future.

See omnystudio.com/listener for privacy information.

  continue reading

1820 episodes

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