- Teras Teknologi
Infobox_Company
company_name = Teras Teknologi
company_
company_type = Sendirian Berhad /corporation
company_slogan = Innovating the Nation Together
foundation = 1994
location = Faber Towers, Taman Desa,Kuala Lumpur ,Malaysia
key_people =Mohd Hussein Ab Hamid , Designated Director
Ir.Abdul Rahim Seliman , General Manager| industry =Technology
revenue = $12.1 million USD (2006)
num_employees = 148
products =Technology
homepage = [http://www.terasworld.com www.terasworld.com]Teras Teknologi (Teras), a subsidiary of United Engineers Malaysia known as
UEM Group is aMalaysia global corporation based inKuala Lumpur .Teras is the creator, developer, and leading system integrator of
Touch n Go andSmartTAG in multiple platformtechnology widely use through out Malaysia as highway, parking and public transportation payment as well as access system by over 4 million users (as at February 2007).History
Teras Teknologi was established in 1994 when the
government ofMalaysia called for the need of a more efficient payment systems at highway networks nationwide that also capable of multiple usages. Formed through the consolidation and merger of IT Departments ofRenong ,UEM ,PLUS and Intria; Teras created core research and development (R&D) team specifically forhighway management and payment collection systems.At the same time, all of the companies which had their IT departments merged into Teras continue in engaging Teras as the outsourcing partner for their own IT needs.
By end of 1996, Teras has installed the system for
Penang Bridge ,North-South Expressway Central Link (ELITE) and North-South Expressway (NSE / PLUS Expressways) nationwide highway network of over 800 lanes. In 1997, Teras then expanded to its first international venture as toll system supplier and integrator forManila -Cavite Highway,Philippines .1997 marked as the year when Teras was the first company in the region to has introduced
Electronic Toll Collection (ETC) System, beginning with North-South Expressway (NSE/PLUS) that was the predecessor ofSmartTAG .The company peaked nearing the end of the 90’s. In 1998, sales breached the twenty million dollars mark. Over one hundred and forty employees worked for Teras Teknologi with over forty of them dedicated in R&D division alone. During that time, the company diversified further and won contracts to supply total network environment and IT requirements for the
Commonwealth Village inBukit Jalil , in conjunction withCommonwealth Games hosted byMalaysia in 1998. At the same year, Teras was also contracted to design, build and equippedTIME dotCom data center inGlenmarie ,Shah Alam .In 1999, Teras began to focus most of its attention on transportation industry requirements. Started with automation of toll collection system with the introduction of
Touch n Go withRangkaian Segar and introduction ofSmartTAG in the year 2000.Teras then moved to parking automation solution capitalizing on
Touch n Go platform in 2001 with the first installation for 12 parking sites for Lien Hoe Group. It has grown to over 30 sites over the next 2 years.The millennium set the pace for further growth with diversification of usages has been expanded to public busses and trains under Rapid KL wings and trains of
KTM Komuter.In 2002, the same technology platform developed by Teras was also deployed as door access system for
TIME Engineering , UEM Group, UEM Land, Macroworks,Tenaga Nasional Berhad (TNB) and various other companies; totaling to over 100 doors.As of 2006, Teras has installed over 1100 cash
highway s lanes, 418Touch n Go lanes, 198SmartTAG lanes, 80parking lanes, and over 100 doors; with USD150 million dollar contract delivered to date (1994-2007) Teras has now become one of the leading payment system provider inMalaysia with dominance inhighway s sector.Current
May 2007, Teras has secured contract to implement toll collection system at Bhiwandi-Kalyan-Shil Phata Highway in
India and second stage of negotiation for a project inSri Lanka ; expected to close before end of 2007.June 2007, North-South Expressway (NSE) awarded Teras 2 years contract for the outsourcing of equipments and spares worth USD4.2 million dollar.
Operations
Effective April, 2006, the company's operations are categorized into 3 "Business Units" with each Business Unit divided into "Business Segments," according to the company's core business focus.
* Payment System
** Expressways Toll System
** Parking System
** Integrated Ticketing System
* Integrated Surveillance and Control Systems (iSACS)
** Access System
** Surveillance and Control System
** Tracking System
* Managed Services
** Network Infrastructure
** Enterprise Solution
** Application Service Provider
** Internet Data Center
** Strategic IT OursourcingTeras currently manage total highway management system for 966 kilometres North-South Expressway,
North Klang Valley Expressway ,Malaysia-Singapore Second Link ,Damansara-Puchong Expressway andSprint Expressway . In total Teras manages all currently operational twenty-one highway operators in Malaysia.Teras also manages six companies of their IT requirements through its
IT Outsourcing services (Managed Services).Current projects undertake include total highway management system for
Butterworth Outer Ring Road (BORR) and Stormwater Management and Road Tunnel (SMART) Project.New solutions developed and introduced by end 2006 are the
SmartTAG Upgraded Version currently installed at 18 lanes of Sprint andDamansara-Puchong Expressway ; andAutomatic Vehicles Classification (AVC) second generation; component ofElectronic Toll Collection System at 38 lanes ofKajang Dispersal Link Expressway (SILK).Corporate governance
Current members of the
board of directors of Teras Teknologi are:Mohd Hussein Ab Hamid ,Mohamed Azlan Mohamed Tahir , andRaja Azmi Raja Nazuddin .Daily operations of Teras handle by Ir. Abd. Rahim Seliman, General Manager of Operations.
Teras Teknologi plan for listing in
Kuala Lumpur Stock Exchange (KLSE) in 2009.ee also
*
Touch n Go
*SmartTAG
*Electronic Toll Collection System
* North-South Expressway (NSE) also known as PLUS Expressway
*North Klang Valley Expressway
*Penang Bridge
*Malaysia-Singapore Second Link
*Damansara-Puchong Expressway
*Sprint Expressway
*Butterworth Outer Ring Road
* Stormwater Management and Road Tunnel(SMART)
*Malaysian expressway system References
* cite news |last=Isham |first=Zaidi |url=http://www.btimes.com.my/archive/bt/Tuesday/Nation/BT607752.txt/Article |title=Teras Teknologi Aims for Bursa listing in 2009 |publisher=Business Times |date=2007-02-13 |accessdate=2007-02-13
*
*
*External links
* [http://www.terasworld.com Official website]
* [http://www.touchngo.com.my: Rangkaian Segar Web site]
* [http://www.uem.com.my: UEM Group Web site]
* [http://www2.matrade.gov.my/application/exporters.nsf/dfExpInfo?OpenForm&Refno=10017 Malaysian Exporters Registry Web site]
* [http://mifare.net/companies/company.asp?Company=347 Mifare Partner Web site]
* [http://www.btimes.com.my/archive/bt/Tuesday/Nation/BT607752.txt/Article News in Business Times of Teras]
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