Henn Tan and his Trek 2000

In my opinion, Trek 2000 International is a good example of entrepreneurial company due to a wide range of its innovation, and its founder, Henn Tan is one of the most successful entrepreneurs, who pioneer change. 

 

Trek 2000 International is a Singapore-based company that invented Thumb Drive, a USB (Universal Serial Bus) portable data storage device in year 2000. The company’s revolutionary innovation popularised the use of the USB flash drive which overtook the floppy disk as the most common portable data storage device for computers today.

The predecessor of Trek 2000 is a small family-owned electronic parts trading business. Tan bought the small company, restructured it and changed its business focus to providing technology-driven engineering solutions to businesses. On the way to success, Tan had to overcome many obstacles, which include securing financing from banks and the government, recruiting good staff, and convincing big companies to engage their services. With Trek’s substantial innovation beyond what a small business might exhibit, the world’s first “Thumb Drive” was produced. The plug-and-play memory drive required no cable or adapters, and could store more data than a floppy disk. It helps to create more conveniences for people in the 21st century, as well as gives Trek the competitive advantage that results in wealth creation. Today, Trek 2000 has built up a portfolio of 161 patents, and has offices in the United States, Malaysia, Thailand, India, Hong Kong, Netherlands, China, Philippines, Vietnam and Japan. They were named as one of the “Best Small Companies in the World” by Forbes in 2000 and 2002.

For more information about the company and its chairman, please go to http://infopedia.nl.sg/articles/SIP_1071_2010-03-23.html

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