Business

Graffiquo Asia introduces innovative solution for oil and gas industry

It promises to streamline data capture, asset management, reporting processes.

Updated 1 year ago · Published on 09 Jul 2024 4:49PM

Graffiquo Asia introduces innovative solution for oil and gas industry
Graffiquo Asia’s GIX is an innovative solution for the oil and gas industry that promises to streamline data capture, asset management, and reporting processes. – Social Media pic, July 9, 2024.

ADVANCED geospatial technology solutions provider Graffiquo Asia Sdn Bhd has launched a new product to transform operations within the oil and gas sector. 

“GIX for Oil & Gas Field Workers” promises to streamline data capture, asset management, and reporting processes, Malaysian Business Online reported.

It also offers potential efficiency and safety improvements for industry players.

“Graffiquo’s development efforts have been supported by key governmental agencies and ecosystem players. 

“The company initially received a commercialisation grant under the CIP300 programme from Cradle Fund, which is under the Ministry of Finance,” read the report.

Graffiquo also obtained backing from the Collaborative Research and Development Fund by the Malaysian Technology Development Corporation, under the Ministry of Science, Technology and Innovation, for further commercialisation of activities and resources. 

In addition to its focus on the oil and gas sector, Graffiquo Asia is exploring partnerships with ministries in Malaysia to contribute to the realisation of Digital Malaysia Cities. 

Founded by George Tang and Sean Baptist, Graffiquo Asia has gained recognition as a player in the geospatial technology sector, catering to the needs of city planners, project owners, and various industries.

As Graffiquo Asia continues to expand its presence globally, the company remains dedicated to advancing smart and sustainable urban initiatives with technology at its core, aligned with global sustainability goals.

Graffiquo Asia’s success story is a testament to the Malaysian government’s commitment to fostering technological innovation and supporting startups. 

The company’s journey from initial grant to advanced commercialisation showcases how strategic governmental support can drive industry-leading advancements. – July 9, 2024. 

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