As we become increasingly connected through technology advancement, the internet is connecting people at a faster rate than ever before. Despite the virtually endless opportunities that internet brings about, the connectivity challenges companies to excel more in order to set one apart from the competition, from optimising the production cost to increasing cross-border sales. With the objective to accelerate the growth of businesses in Asia through innovation, BlackStorm Consulting, a Singapore-based business scaler for Southeast Asia announces the launch of IOX Biz Hub with Mighty Net, a Taiwanese pioneer hardware manufacturer.
IOX Biz Hub stands for Internet of Infinity Business Hub, a growth springboard for forward-looking companies. The objective is to catalyse companies’ localisation efforts and help them expand their regional and global footprint, by facilitating multidisciplinary innovation. IOX’s membership brings about a wealth of opportunities to meet like-minded individuals through networking sessions and virtual events which are focused on in-house discussion threads and forums, where participants are able to share their thoughts.
BlackStorm Consulting is known as a business scaler in Southeast Asia, providing a wide range of consultancy services in areas such as business transformation and corporate restructuring. With its expert strategic advisory in entering and penetrating high potential markets, BlackStorm Consulting will play the role in scaling the enterprise members through business model innovation, capitalising the opportunities in Southeast Asia.
“We hope that IOX Biz Hub can be the ecosystem for stakeholders to communicate and collaborate without being restricted by borders,” said Paddy Tan, Managing Partner of BlackStorm Consulting.
Mighty Net, a Taiwanese manufacturer with 30 years of experience and multiple facilities in both Taiwan and China, will be the hardware innovation enabler in this hub. Utilising the vast years of expertise in hardware innovation, the professional team will guide members in IOX Biz Hub from product conceptualisation to mass production. Mighty Net also runs an international hardware accelerator that provides a range of support for hardware startups.
“We hope that IOX Biz Hub can be a hub in Asia Pacific (APAC) that gathers innovative companies. Together, we bring wonders to as a group and helps companies to tap on the huge Internet market in this region,” said Ray Tai, CEO of Mighty Net.
In fact, APAC has played a significant role in the global spending on Internet of Things (IoT), accounting for 36% of the worldwide spending in 2019. Hardware is one of the important components that helps to actualise the benefits of IoT solutions with the hardware spending on IoT to reach almost USD 1.5 trillion in 2020 from the estimated USD 964 billion in 2017.
Other than tapping on the benefits provided by the founding members, members of IOX Biz Hub can tap on the member-exclusive perks provided by partner members with a range of expertise, including Zero1, Techgoondu, Privacy Ninja, Xprenia, and MBAlliance.
About IOX Biz Hub
Based in Singapore, IOX Biz Hub (Internet of Infinity Business Hub, https://ioxbizhub.asia/) is a growth springboard for forward-looking companies. By facilitating multidisciplinary innovation, we catalyse companies’ localisation efforts and help them expand their regional and global footprint.
About Mighty Net
With over 30-year experience and facilities in both Taiwan and China, our professional team offers thorough services from product development, design verification, pilot run, mass production, to global logistics. Mighty Net (https://www.might.com.tw/) delivers one-stop service with quality and confidence. Mighty Net is also running a hardware accelerator program called “Mighty Net Hardware Express”.
About BlackStorm Consulting
BlackStorm Consulting (http://blackstormco.asia/) is a Singapore-based boutique growth consultancy firm that specialises in corporate strategy, profit management and investment management. We scale businesses in Southeast Asia. Our clients and connections are internationally present and range from small and medium sized businesses, MNCs, to government agencies.