Xerafy Selected By EY To Join The 2018 Accelerating Entrepreneurs Program


(MENAFNEditorial) Online PR News 18-April-2018 Singapore Xerafy , the global leader powering data through innovation to transform industries and lives, is pleased to announce that Xerafy's founder and CEO, Dennis Khoo, has been selected to take part in the Ernst & Young (EY) Accelerating Entrepreneurs program, which is designed to support innovative companies from around the world through the next steps of their high-growth journey to become the global market leaders of tomorrow.

Khoo is one of 30 entrepreneurs from around the globe taking part in the program. According to EY, participants were selected based on their potential to grow globally, to solve significant real-world problems and deliver innovative solutions. The program will nurture the businesses of tomorrow and provide them with leading practices and support for their high growth.

'EY has recognized Xerafys unique contributions to the Internet of Things (IoT) and Artificial Intelligence, as our technology enables automated data capture in the harshest industrial environments. "I am looking forward to experience the #AcceleratingEntrepreneurs program in Amsterdam and meet the game-changing cohort of high-growth entrepreneurs from 15 countries around the world," Khoo said. "EY has recognized Xerafy's unique contributions to the Internet of Things (IoT) and Artificial Intelligence, as our technology enables automated data capture in the harshest industrial environments. The disruption is nowhere clearer than in the healthcare market, where our automated management system for surgical instruments comes in support of increased compliance, patient safety and operating efficiency in the hospital workflow."

Khoo is a graduate of the Electrical and Electronics Engineering program at the National University of Singapore. After founded Xerafy in 2010, Khoo has helped establish the company as the global leader for rugged, industrial RFID solutions in the healthcare, aerospace and other key industries. Over the years, Xerafy received a number of international awards such as the 2011 Red Herring Global Top 100 Award, the Frost & Sullivan Global Product Innovation Awards for RFID Embedded Technology and Automated Surgical Instrument Tracking Solution in 2011 and 2017 respectively, European Auto-ID award for Innovative Product & Solutions and was shortlisted for Best AI Application in Healthcare at the 2017 AIconics awards.

About EY:

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

About Xerafy:

Xerafy's game changing technology enables real time traceability for the industrial market to drive safety, reduce costs and facilitate digital transformation. We power data through products and solutions in Healthcare, Aviation, Manufacturing and Oil & Gas. Over the years, Xerafy has been distinguished by many awards such as the Global Red Herring, EY and Frost & Sullivan. Headquartered in Singapore, Xerafy has offices and operations in U.S., U.K. and China.

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