149 ANNUAL REPORT 2022 OUR CAPITALS INTELLECTUAL CAPITAL Innovation of new digitalisation & technology products ‘Forefront of innovation and disruption’ is one of Yinson’s business strategies for catalysing growth and keeping us relevant to the changing environment. We encourage our people to think outside the box when faced with challenges and not be satisfied with the status quo, but to instead find ways to do things better, faster and more productively. When complemented by strong governance and risk management, we believe that innovation can revolutionalise and propel business performance. Examples of such innovation include data collection and digital twin representation, drone-assisted technology for unmanned asset inspection and 3D printing to improve our supply chain process. Asset lifecycle management at Yinson, pg 45 Yinson GreenTech is a powerful platform for the development of profitable, disruptive businesses based on clean technologies and digitalisation. By identifying and investing in strategic green technology companies, coupled with our growing in-house expertise, we aim to relentlessly drive innovation in order to build low carbon businesses that can serve customers to support their own net zero ambitions. To this end, we have embarked on various digital initiatives including the development of an integrated platform that combines fleet management, data analytics and user interfaces. Business Review - Green Technologies, pg 111
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