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Skyfy goes the extra mile to scale new tech heights

Bought over in 2015 for S$20,000, director Joseph Ng raised Skyfy Technology's turnover to S$3.5 million by 2017.

Published Mon, Jun 25, 2018 · 09:50 PM

    EVER wonder what it would take to buy over a company for S$20,000 and increase its turnover to approximately S$3.5million in less than two years? Just ask Joseph Ng, director of Skyfy Technology, a company that specialises in a multi-point integrated fleet management system.

    When Mr Ng bought Skyfy Technology from its original owner at end-2015, it was then losing money and only earning around S$10,000-S$20,000 a year.

    He helped changed the company's fortunes. To date, the company has about 1,600 customers, including big names such as ZTP, NTUC Unity and Ren Ci Hospital.