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Singapore and Chongqing Sign Agreements Promoting Digital Transformation and Connectivity

As companies are turning to technology to revamp their offerings and seize digital opportunities during the COVID-19 pandemic, the digital-focused agreements between Singapore and Chongqing are more relevant now than ever.

17 Memoranda of Understanding (MOUs) between Singapore and Chongqing businesses were signed on the side lines of the Smart China Expo (SCE) Online, as businesses continue to explore opportunities amid the pandemic restrictions.

The MOUs ranged from collaborations in built environment and manufacturing to logistics and tourism for markets in Chongqing, Western China and Singapore.

Last year Singapore and Chinese companies signed 13 deals for the collaborative efforts to employ digital technologies in education, manufacturing and telecommunications at the annual Smart China Expo in Chongqing.

“Chongqing is a key node into Western China, Singapore is likewise, a gateway into South East Asia. It is heartening to see that business engagements have continued, despite COVID restrictions, enabled by moving from the physical onto the Digital domain,” said Mr Lew Chuen Hong, Chief Executive, Infocomm Media Development Authority (IMDA).

The annual SCE is Chongqing’s most significant platform for tech leaders and the digital community to promote innovation and forge partnerships. 32 Singapore companies and organisations participated in this year’s virtual exhibition, the first time the SCE has gone completely digital amid COVID restrictions. This was made possible by the International Dedicated Connectivity (IDC), launched in September last year, allowing for the live streaming of the conference.

The IDC provides high quality and low latency digital connectivity between Chongqing and Singapore, enabling new business opportunities and digital projects between Western China and Southeast Asia.

The Joint Innovation Development Fund

To further seed innovative collaborations, Singapore and Chongqing companies jointly submitted more than 30 joint proposals to the initial tranche of the Joint Innovation Development Fund (JIDF) over the past year.

14 joint proposals were subsequently endorsed by the Joint Evaluation Committee comprising industry and academia from Chongqing and Singapore.

The JIDF launched in 2019 is an RMB$40M initiative by IMDA, Enterprise Singapore and Chongqing Application Development Administration Bureau to promote the joint development of innovative products and solutions.

The fund aims to accelerate projects which show the most potential to be mutually economically beneficial for both companies and both countries.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com