ARMSCOR Road to Industry 4.0

by cebudigital | Oct 19, 2022 | What's New

TTSP being an IT-enabled company through and under the leadership of its (President) Engr. Segismundo Exaltacion, Jr. was invited as one of the panelists to the Institute of Corporate Directors’ (ICD) webinar last September 30, 2022 dubbed “ARMSCOR Road to Industry 4.0”.

For his part, Engr. Exaltacion shared his understanding of, and the common intent of ARMSCOR’s application of digital technologies in its design, simulation, manufacturing, and business processes benchmarking from other players. He emphasized that through understanding the features, usage, and benefits of technological tools businesses can become better and relevant in the community in these challenging information age. He exemplified the utilization, application, and customization of these technologies in the design and production of ships, as in the case of TTSP where precision is critical. He highlighted an added benefit if the automation is combined with data analytics to enhance the management’s better appreciation and decision-making. Finally, he stressed the importance of taking advantage of the digital transformation tools to sustain the betterment of society and humanity by being responsible stewards and managers. His thought is that while the internet of things creates a world of efficiency and relative convenience, this should not make humanity entirely dependent on it. It must enable us, instead of enslaving us.

TTSP’s President, through his knowledge, and thus, experience in applying meaningful and effective corporate governance shared these inputs as panel reactor in the conduct of the webinar attended by members of the institute which consists of executives from different small, medium, and large corporations in the Philippines. The webinar proved to be a success and a fruitful one.