Mencast taps AI to ride out O&M downturn
Singapore-listed MRO specialist sees new source of income from digital twin technology, which it helped to incubate
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IF Mencast Holdings' chief executive gets his way, the small-cap offshore and marine-linked player could emerge as a pioneer in tapping artificial intelligence (AI) for its maintenance, repairs and overhaul (MRO) operations here as it seeks to ride out a prolonged downturn.
Towards this end, Mencast intends to go commercial with the digital twin technology that it helped to incubate sometime in the second half of the year, CEO Glenndle Sim told The Business Times in an exclusive interview.
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