A Year In Review : 2021 of Vechnology

Dec 31, 2021 | News & Updates

2021 is another year that everyone think it’s still missing of something. To Vechnology, it’s another year that was filled with internal and external challenges. Let me recall back what we had done in 2021 for the vending industry.

January

First Photography Films & Camera Vending Machine

We helped Zontiga to launch their first Photography Films & Camera Vending Machine in Malaysia. They are the pioneer who had this idea since 2017 and finally they launched it at One Half x ilaika and REXKL successfully in 2021.

February

IKEA SouthEast Asia Vending Machine 

Ikea Damansara is the first Ikea store in SouthEast Asia who launched the Swedish snacks & drinks, spare parts, and recycle bag vending machines. We assist in their planning and soft-launching from initial proposal to a successful portfolio. Ikea is currently owned at least 19 units of smart vending machines from Vechnology.

April

Business Expansion & Tech Development

Vechnology moved the first pioneer team (Marketing & Business Development) to Kuala Lumpur for the business expansion. Besides, our in-house software team also developed a new Open API that allows for third party mobile app to integrate with Vechnology’s closed-sourced vending system – VEProUX & VECloud. Orenchi is the first laundry wallet who integrate with Vechnology.

May

New Production Assembly Site in Selangor

Vechnology set up a new production plant in Subang USJ 21 industrial zone which is 3x scale up from the existing production site in Penang.

First Sticky Candies Vending Machine

Nevertheless, we also helped Angel Candies extend their distribution channel from physical store into First Sticky Candies vending machine in Malaysia, their vending machines are currently covered in MyTown Cheras, Sogo KL, and Setapak Central.

June

Vending Machine in Covid-19 Quarantine Centre

Malaysia’s government announced the Full Movement Control Order (FMCO) to control the pandemic started from 1st June 2021. The high positive cases of Covid-19 increase the demand of cashless vending machine in the market. We received an urgent request from MARA Jawi that they need our vending machines in their quarantine centres. Thus, our vending machines was delivered into the Red Zone by our co-founders.

July

iPay88 Recognised Vending Machine Partner

Malaysia’s leading payment gateway company – iPay88 was published a case study on their website and recognised Vechnology as their only vending machine software partner after two years partnership journey.

August

New Launch Vending Machine Model

We launched a new model of vending machine called VE-Compact+ which is reducing 30% of outsize but maintaining 100% of product SKU capacities. This is the exclusive design by Vechnology’s R&D team and the only special model in Malaysia.

GoGet x Vechnology

Besides, we worked with GoGet who is one of the pioneer sharing economy application for a collaboration project of on-demand vending machine replenishment crews.

September

JagaApp x Vechnology

JagaApp, one of the leading neighbour community app solutions, works with Vechnology in bringing convenience, automated, and cashless vending facilities to the neighbourhood community.

October

HQ moved from Penang to Selangor

Our headquarter office and address are officially changed to Petaling Jaya Selangor after 6 years established in Penang.

Agmo Studio x Vechnology

Besides, our tech team is partnering with Agmo Studio who is Malaysia’s leading Mobile/Blockchain application development company.

November

Self Test Kit Vending Machine

New norms of back to office need to fulfil with Covid self-test kit. To prevent the abuse of free redemption, Vechnology launched a new industrial system that restricts and tracks the redemption usage for TNG Digital, the largest eWallet in Malaysia who joint venture with Alibaba’s mobile payment giant Ant Financial Group.

December

RealMe Vending Machine

Not only retail stores that can find the flagship electronic gadgets. RealMe who is a young people technology brand, is extending their products channel to Segi College with Vechnology’s eWallet vending machine.

2021 is a tough and blessed year for Vechnology, to maintain itself as a leading vending machine brand, manufacturer and technology company in Malaysia which keeps providing values to the stakeholders. In 2021, Vechnology had grown 70% in our traction and metrics compared to 2020. We would like to address our appreciation to all the clients, partners, vendors, and supporters.

Happy ending 2021 and Welcome to 2022.