Mr Alex Lau

Entrepreneur of the Year, 2017

"Why not?" That is the motto that fuels Alex's entrepreneurial spirit and constantly pushes him to scale new heights.

As the Founder and Chief Executive Officer (CEO) of Anacle Systems Limited, a solution provider for both enterprise business software and smart energy management solutions, Alex has been realizing his entrepreneurial vision, bringing life to his revolutionary ideas and innovations.

Together with his co-founder Charles Ong and the committed management team, Alex has successfully transformed Anacle Systems into one of the leading market players in the highly competitive commercial property management software and retrofit building energy management systems. Through his leadership, Alex has transformed Anacle Systems from a start-up to a listed company on the Hong Kong Stock Exchange with a market presence across Southeast Asia and the Middle East. And listing is just the first step in his plans for Anacle.

To date, Anacle has received a number of prestigious awards and recognitions, among which is the Accreditation@IMDA for Anacle Systems energy management solution Starlight® which requires companies to fulfil operational, financial and technical evaluation criteria. Other awards and accolades received include "20 Most Promising Enterprise Asset Management Solution Providers 2016" by CIO Review Magazine, "Innovation in Asset Management Technologies" by Wealth and Finance, a UK based magazine, "Singapore Energy Management Company of the Year" and "Malaysia Energy Management New Product Innovation Award" by Frost & Sullivan, "Winner of Industrial Application Category" from Asia Pacific ICT Alliance and "Red Herring Top 100 Asia".

Prior to his current role as the CEO of Anacle Systems Limited, Alex was the Chief Technology Officer and Managing Director of Buildfolio.com Inc. where his primary responsibility was to plan a technology roadmap as well as product development methodologies for the company.

Alex received his Masters of Science in Electrical Engineering from Stanford University and Bachelors of Science Computer Science and Bachelor of Science in Electrical Engineering from Cornell University, United States of America.

Alex believes strongly in nurturing the innovative and go-getting spirit of the younger generation, actively participating in internship programs among tertiary institutions, inspiring them with his "why not?" mentality.