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AES Technologies has been recognized by APAC CIOOutlook Magazine as the recipient of “Top Proptech Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Henry Tan.

AES Technologies
Effective Digital Transformation for Improved Bottom Line

AES Technologies

Henry Tan, Founder, AES TechnologiesHenry Tan, Founder
The growing digital economy and rapid technological advancement are disrupting the real estate industry. Modern commercial real estate developers, operators, and investors need effective technologies to achieve a competitive advantage in the market. Catering to this need is AES Technologies—a real estate application provider that improves the efficiency of the real estate professionals and also enables business owners to achieve complete control over their business and strategy planning. With a mission to digitally transform the Asian real estate industry AES is offering essential real estate systems and mobile apps to real estate firms, enhancing their businesses outcomes and productivity.

Having an experience spanning for more than two decades in the real estate space, AES has gained expertise and built a team comprising professional web and mobile app developers and testers to develop customized business applications for property developers, agencies, and assets managers. Headquartered in Singapore, AES Technologies serves in various real estate markets, including Thailand, Cambodia, Vietnam, and Hong Kong.

AES offers specific solutions to meet the unique needs of the different users in the real estate arena.

While the agencies management system (AMS) and agency transaction system are designed for real estate agents, the valuation management system (VMS) is apt for real estate valuers. AES also offers an ERP solution for property developers.
The VMS aids valuers in accomplishing their day-to-day assignments ranging from site inspection to generation of valuation reports for more than ten property consultancy firms. “We have been utilizing newer technologies like artificial intelligence (AI), machine learning, and big data to enhance our VMS further,” says Henry Tan, Founder of AES. The company’s AMS digitalizes traditional real estate agencies to track every financial transaction. AMS also provides digitally computed commissions for agents in addition to e-contracts to drive maximum revenue. Further, AES’ ERP system allows developers to manage every step of their projects, from prospects identification to sales completion to handing over the property to respective buyers. The ERP system includes CRM, progressive payment processes, and finance systems integration functionality. Currently, AES is leveraging blockchain technologies and improving them further to upgrade its existing ERP system for real estate developers. An upgraded ERP system will be rolled out in 2020. With the implementation of new blockchain concepts, AES’ offerings will be more productive.

To eliminate the rising cybersecurity threats, AES provides a private cloud environment hosted on Azure to ensure full security of clients’ data. The flexibility of the private cloud ensures efficient mobile app performance as well as cost and time benefits. Recently, the company implemented the latest firewalls to enhance its mobile app security.

A case in point, one real estate developer in a developing country approached AES for a comprehensive ERP solution with the ability to control inventory and computation of cross border sales commission. The client also had issues with managing growing progressive payment controls and calculation of monthly cash flow. AES transformed their work process from manual to a fully integrated digital financial system.

We have been utilizing newer technologies like artificial intelligence (AI), machine learning, and big data to enhance our VMS further


In addition to technology solutions AES offers consulting services to government institutions like the ministry of national development Singapore, the Singapore land authority, and major international consultancy firms in the investment and real estate industries.

In the near future, AES is planning to serve the hospitality industry through its expertise, domain knowledge, and rich suite of technologies. “We are also willing to territorially expand in the real estate sector of Myanmar and Laos,” concludes Tan.

Vendor Viewpoints

Transforming Real Estate into New Heights

Henry Tan , CEO & Co-Founder, AES Technologies
Transforming Real Estate into New Heights
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Company
AES Technologies

Headquarters
Serangoon, North Singapore

Management
Henry Tan, Founder

Description
AES Technologies is a leading Real Estate Application Provider. AES was established and registered in The Republic of Singapore and it is operating in Singapore and Vietnam. AES is committed to enhance and upgrade the Asia Real Estate profession. Through our essential Real Estate Applications and Tools, AES will improve the efficiency of the profession and also enable the business owners to have an overview of their business and strategy planning. It provide consultancy to The Ministry of National Development Singapore, The Singapore Land Authority and some major International Consultancy Firms in Investment and Real Estate industry

2019

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