NAME: Damien Lim
COMPANY: Titan Corporation
POSITION: Founder & CEO
LOCATION: Jakarta, Indonesia
Now more than ever, there is advantage in seeing over the technology horizon, absorbing know-how and acting as a conduit for those who need that expertise. This is the revelation that came to the Founder and CEO of Titan Corporation in Indonesia, Damien Lim, about 20 years ago.
He had spent a stint as a banker at Merrill Lynch before backing himself and taking the plunge into entrepreneurship in early 2002. He had his first “epiphany” in 2008 when he recalled his economics professor commenting that “business is about satisfying the needs of others”. He had a successful business by then, satisfying a need for calibration services in manufacturing companies.
As he looked for other business opportunities, he came across physical vapour deposition coating technology for tools in the automotive industry, which was unknown in Indonesia. After some research, he contacted Oerlikon, the market-leading Swiss company for coating technologies. Now Titan’s partnership with Oerlikon in Indonesia – more a joint venture really – is a model for Damien’s other businesses as they import world-class technology to improve performance and reduce costs.
This story is from the August 2021 edition of The CEO Magazine Asia.
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This story is from the August 2021 edition of The CEO Magazine Asia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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