SIMPPLE Ltd. partners with Elite VDP Co., Ltd. to distribute in Vietnam
From GlobeNewswire: 2024-12-03 08:30:00
SIMPPLE Ltd. signed a partnership agreement with Elite VDP Co., Ltd. to distribute SIMPPLE Ecosystem in Vietnam, expecting at least $100,000 in sales revenue. Elite VDP, a hygiene provider in Vietnam for over 30 years, plans to incorporate SIMPPLE’s A.I. solutions. According to a TechSci Research report, the Vietnam Autonomous Work Process market was valued at $420 million in 2023 and is projected to grow at a CAGR of 4.5% through 2029. SIMPPLE CEO Norman Schroeder sees immense market potential in Vietnam and is excited about the partnership with Elite VDP.
The partnership aims to capitalize on Vietnam’s rapid industrialization and the increased adoption of automation technologies, driven by favorable government policies promoting Industry 4.0.
SIMPPLE LTD., headquartered in Singapore, is expanding its reach into Vietnam through a partnership with Elite VDP Co., Ltd. Elite VDP is a leading provider of cleaning and hygiene solutions in Vietnam, offering innovative solutions through partnerships with global brands.
SIMPPLE LTD. focuses on helping facilities owners and managers manage facilities autonomously through their proprietary SIMPPLE Ecosystem. The company has a strong presence in Singapore, Australia, and the Middle East, offering a mix of software and hardware solutions for building maintenance, surveillance, and cleaning.
For investor and media inquiries, contact SIMPPLE LTD.’s Investor Relations Department at [email protected] or visit their Investor Relations Website. Skyline Corporate Communications Group, LLC, can also be reached for inquiries at [email protected].
Read more at GlobeNewswire: SIMPPLE Ltd. Announces Distribution Partnership with Elite