USM Penang is using Chin Tech TM Robot to automate the coffee making for the students in it’s focused on driving Industry 4.0 (IR4.0) design and development. Instead of directly buying it from Chin Tech, USM Penang is opting for the rental option.
The benefits of renting vs buying are:
1. Pay monthly rental instead of using cash upfront to buy
2. Visibilty on finance budget as it is under expense instead of asset
3. Maintenance cost borne by the rental company
4. Able to refresh to a newer model anytime