PETALING JAYA: On June 15th, IFCA MSC BHD unveiled its next generation, AI-powered contract management solution, ContractX – a cloud-based, mobile solution that hyperconnects contractors, sub-contractors, suppliers and more.

ContractX is designed with Fourth Industrial Revolution (IR4.0) in mind, promoting interconnectivity, process automation, Artificial Intelligence (AI) and Internet of Things (IoT).

It offers features and functionality that analyse data in real-time, monitors site conditions, and facilitates efficient and productive construction project and site management.

A total of 120 participants attended the soft launch with great enthusiasm and feedback.

Participating in the virtual soft launch were IFCA Group Chief Executive Chairman, Mr. Ken Yong, VP of IFCA ContractX Ms. Lee Chwu Pyng alongside other construction industry players.

Group Chief Executive Chairman, Mr. Ken Yong said ContractX is developed using cutting-edge cloud and mobile internet technology. “It (ContractX) runs on any devices including desktop, tablet and smartphones.”

“The pandemic has amplified the importance of digitalisation. Business operations must be contactless, between staff, suppliers, contractors and subcontractors. ContractX delivers great values to our customers,” he said in his opening speech.

With the success of the soft launch, IFCA hopes ContractX will pave the path for the construction industry to rebound and prosper.