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Orangekloud Technology Inc. and Electronics Industries Training Centre (ELITC) Sign MOU to Enhance Workforce Skills and Drive Digital Transformation in Singapore

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Orangekloud Technology (Nasdaq: ORKT) has signed a Memorandum of Understanding (MOU) with the Electronics Industries Training Centre (ELITC) in Singapore to enhance workforce skills and drive digital transformation. The partnership will integrate Orangekloud's eMOBIQ No-Code platform training into ELITC's curriculum, equipping trainees with skills to develop mobile applications for the digital workplace.

This collaboration aims to support Singapore's national digitalization efforts by providing the workforce with essential digital skills. Additionally, Orangekloud will leverage ELITC's network of Small and Medium Enterprises (SMEs) to introduce its eMOBIQ mobile applications, enabling these businesses to develop solutions for optimizing operations in areas such as warehousing and sales.

Orangekloud Technology (Nasdaq: ORKT) ha firmato un Memorandum di Intesa (MOU) con l'Electronics Industries Training Centre (ELITC) a Singapore per potenziare le competenze della forza lavoro e promuovere la trasformazione digitale. La partnership integrerà la formazione sulla piattaforma No-Code eMOBIQ di Orangekloud nel curriculum di ELITC, fornendo ai tirocinanti le competenze necessarie per sviluppare applicazioni mobili per il lavoro digitale.

Questa collaborazione mira a sostenere gli sforzi di digitalizzazione nazionali di Singapore, fornendo alla forza lavoro le competenze digitali essenziali. Inoltre, Orangekloud utilizzerà la rete di Piccole e Medie Imprese (PMI) di ELITC per introdurre le proprie applicazioni mobili eMOBIQ, consentendo a queste aziende di sviluppare soluzioni per ottimizzare le operazioni in settori come il magazzinaggio e le vendite.

Orangekloud Technology (Nasdaq: ORKT) ha firmado un Memorando de Entendimiento (MOU) con el Centro de Capacitación de Industrias Electrónicas (ELITC) en Singapur para mejorar las habilidades de la fuerza laboral y impulsar la transformación digital. La colaboración integrará la formación de la plataforma No-Code eMOBIQ de Orangekloud en el currículo de ELITC, dotando a los trainees de habilidades para desarrollar aplicaciones móviles para el entorno laboral digital.

Este proyecto busca apoyar los esfuerzos de digitalización nacional de Singapur al proporcionar a la fuerza laboral habilidades digitales esenciales. Además, Orangekloud aprovechará la red de Pequeñas y Medianas Empresas (PYMES) de ELITC para introducir sus aplicaciones móviles eMOBIQ, permitiendo a estas empresas desarrollar soluciones para optimizar operaciones en áreas como el almacenamiento y las ventas.

오렌지클라우드 테크놀로지(Nasdaq: ORKT)는 싱가포르의 전자 산업 훈련 센터(ELITC)와 직원 기술 향상 및 디지털 변환 추진을 위한 양해각서(MOU)를 체결했습니다. 이 파트너십은 오렌지클라우드의 No-Code 플랫폼 eMOBIQ 교육를 ELITC의 커리큘럼에 통합하여 교육생들이 디지털 작업 공간을 위한 모바일 애플리케이션을 개발할 수 있도록 기술을 제공합니다.

이 협력은 싱가포르의 국가 디지털화 노력을 지원하기 위해 직원들에게 필수적인 디지털 기술을 제공하는 것을 목표로 하고 있습니다. 또한, 오렌지클라우드는 ELITC의 중소기업(SME) 네트워크를 활용하여 eMOBIQ 모바일 애플리케이션을 소개하고, 이러한 기업들이 웨어하우징 및 판매와 같은 분야에서 운영을 최적화하기 위한 솔루션을 개발할 수 있도록 내다보고 있습니다.

Orangekloud Technology (Nasdaq: ORKT) a signé un protocole d'accord (MOU) avec le Centre de Formation des Industries Électroniques (ELITC) à Singapour pour améliorer les compétences de la main-d'œuvre et favoriser la transformation digitale. Ce partenariat intégrera la formation à la plateforme No-Code eMOBIQ d'Orangekloud au programme de l'ELITC, permettant aux stagiaires d'acquérir des compétences pour développer des applications mobiles pour le lieu de travail numérique.

Cette collaboration vise à soutenir les efforts de numérisation nationaux de Singapour en fournissant à la main-d'œuvre des compétences digitales essentielles. De plus, Orangekloud va exploiter le réseau de Petites et Moyennes Entreprises (PME) d'ELITC pour introduire ses applications mobiles eMOBIQ, permettant à ces entreprises de développer des solutions pour optimiser les opérations dans des domaines tels que l'entreposage et les ventes.

Die Orangekloud Technology (Nasdaq: ORKT) hat ein Memorandum of Understanding (MOU) mit dem Electronics Industries Training Centre (ELITC) in Singapur unterzeichnet, um die Fähigkeiten der Arbeitskräfte zu verbessern und die digitale Transformation voranzutreiben. Die Partnerschaft wird die Schulung der No-Code-Plattform eMOBIQ von Orangekloud in das Curriculum von ELITC integrieren, wodurch die Teilnehmer in die Lage versetzt werden, mobile Anwendungen für den digitalen Arbeitsplatz zu entwickeln.

Diese Zusammenarbeit zielt darauf ab, die nationalen Digitalisierungsbemühungen Singapurs zu unterstützen, indem der Arbeitskräfte die notwendigen digitalen Fähigkeiten vermittelt werden. Darüber hinaus wird Orangekloud das Netzwerk der Klein- und Mittelunternehmen (KMU) von ELITC nutzen, um seine eMOBIQ-Apps einzuführen, damit diese Unternehmen Lösungen zur Optimierung von Abläufen in Bereichen wie Lagerhaltung und Vertrieb entwickeln können.

Positive
  • Integration of eMOBIQ training into ELITC's curriculum, potentially increasing adoption of Orangekloud's platform
  • Access to ELITC's network of SMEs, expanding Orangekloud's potential customer base
  • Alignment with Singapore's national digitalization efforts, potentially leading to increased government support and market opportunities
Negative
  • None.

Singapore, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company), a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications, today announced a strategic partnership with the Electronics Industries Training Centre (ELITC), a premier institute offering training and educational programs in Singapore.

This Memorandum of Understanding (MOU) signifies a commitment from both organizations to empower Singapore's workforce with the necessary skills to thrive in the digital age.

Partnership Highlights

  • Integration of eMOBIQ Training into ELITC Curriculum: Orangekloud's eMOBIQ training courses will be incorporated into ELITC's existing training programs, equipping trainees with in-demand skills for using the No-Code platform to develop mobile application solutions used in the digital workplace. This will benefit both individuals seeking employment and those aiming to advance their careers.
  • Equipping the Workforce for Digital Transformation: The partnership aligns with Singapore's national emphasis on digitalization. By equipping the workforce with the latest digital skills and knowledge, Orangekloud and ELITC aim to empower businesses to embrace digital transformation and achieve greater efficiency.
  • Leveraging ELITC's Network for Wider Adoption of eMOBIQ Solutions: Orangekloud will leverage ELITC's extensive network of Small and Medium Enterprises (SMEs) to introduce its eMOBIQ mobile applications. This will provide SMEs with the No-Code application development skill sets to develop accessible and effective solutions to optimize their operations in warehousing, sales, and other critical areas.

About Orangekloud Technology Inc.
Orangekloud Technology Inc. (NASDAQ: ORKT) is a Singapore-based technology company which offers the eMOBIQ® No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises (SMEs) and corporations. The eMOBIQ® suite of mobile applications designed to digitalize and streamline business processes in operations includes warehousing, sales ordering, delivery, and manufacturing. eMOBIQ® customers come from various industries, including food manufacturing and food service, precision engineering, construction, retail, energy, and warehouse management.


Electronics Industries Training Centre

About the Electronics Industries Training Centre (ELITC)
ELITC is a renowned institute dedicated to providing comprehensive training and educational programs ranging from technical, electrical, digital, and technological to soft skills for all levels. The institute’s programs cater to both the workforce and individuals seeking to upskill or reskill, as well as to those entering the workforce for the first time. ELITC also actively supports the Singapore government's SkillsFuture initiatives.

FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and OrangeKloud Technology Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

OrangeKloud Technology Inc. Investor Relations Contact:
1 Yishun Industrial Street 1 #04-27/28 & 34 Aposh Building Bizhub
Singapore 768160
(+65) 6317 2050
Email: ir@orangekloud.com

Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com


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FAQ

What is the purpose of the MOU between Orangekloud Technology (ORKT) and ELITC?

The MOU aims to enhance workforce skills and drive digital transformation in Singapore by integrating Orangekloud's eMOBIQ No-Code platform training into ELITC's curriculum and leveraging ELITC's network to introduce eMOBIQ solutions to SMEs.

How will the partnership between Orangekloud (ORKT) and ELITC benefit Singapore's workforce?

The partnership will equip trainees with in-demand skills for using the No-Code platform to develop mobile application solutions, benefiting both job seekers and those looking to advance their careers in the digital workplace.

What advantages does the Orangekloud (ORKT) and ELITC partnership offer to SMEs in Singapore?

The partnership will provide SMEs with access to No-Code application development skills through eMOBIQ training, enabling them to develop accessible and effective solutions to optimize operations in areas such as warehousing and sales.

Orangekloud Technology Inc.

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