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Singapore, Israel Sign MOU to Accelerate Cross-border Collaboration in Artificial Intelligence

Singapore and Israel have signed a memorandum of understanding (MoU) on Artificial Intelligence (AI) cooperation, indicating that both nations want to speed up cross-border collaboration in the field. The MOU between Singapore’s Smart Nation and Digital Government Office and Israel’s Ministry of Innovation, Science and Technology on AI cooperation would assist AI development and implementation for “common benefit,” according to the MOU.

This year marks the 25th anniversary of the Singapore-Israel Industrial R&D Foundation. The foundation has supported around 190 projects between Singapore and Israel since its creation in 1997, delivering approximately US$120 million to initiatives in sectors such as information and communications technology, electronics, and biomedical and life sciences.

Companies from both Singapore and Israel have been exploring prospects in both nations. With a total foreign direct investment of US$875 million, Israel is Singapore’s fourth-largest commercial partner and foreign investor among Middle Eastern countries.

As the globe recovers from the COVID-19 epidemic, Singapore and Israel should expand their engagement in new fields such as agri-food tech, health-tech, AI, and digitalisation. In addition, Singapore will open an embassy in Tel Aviv to act as a focal point and encourage Singapore enterprises wanting to expand their partnership with potential Israeli partners.

Singapore has traditionally supported a negotiated two-state solution with Israel and Palestine living side by side in peace and security, in accordance with relevant UN Security Council resolutions, in order to establish a long-term, just, and comprehensive settlement.

Singapore believes that both the Israeli and Palestinian sides can participate in direct negotiations based on a two-state solution. All parties should avoid unilateral moves that could “intensify tensions and jeopardize peace prospects.

Singapore and Israel will financially support joint projects of their hi-tech companies, the Israel Innovation Authority (IIA). Covering start-ups in all hi-tech fields, the support will finance joint research and development (R&D) projects or pilot programs. Eligible companies will receive up to 1.5 million U.S. dollars for a joint project, and projects in the fields of healthcare, agriculture and food technology will receive increased grants.

The funding will be provided through the Singapore-Israel Industrial R&D Foundation (SIIRD), run by the government agency Enterprise Singapore and the IIA. To receive the support, a joint project must be undertaken in Singapore and Israel, and each country is expected to contribute at least 30% of the total project work and expenses.

As reported by OpenGov Asia, France and Singapore will step up cooperation in areas such as smart transport, smart cities, financial innovation and agri-food technologies, under a new pact. The France-Singapore Digital and Green Partnership (DGP) will see both countries developing a work plan comprising cooperative projects with clear and tangible outcomes in the digital and green sectors.

The DGP provides a structured platform for France and Singapore to cooperate on a wide range of digital and green issues. The intent is to support public-private partnerships and private sector-led approaches that harness digital and green technologies to enhance the competitiveness of the economies and create good jobs for our people in a sustainable manner.

Singapore and France enjoy strong bilateral trade and investment relations, underpinned by the Joint Declaration on Strategic Partnership signed in 2012, the Joint Declaration on Innovation signed in 2017, the France-Singapore Year of Innovation in 2018, the EU-Singapore Free Trade Agreement which entered into force in 2019, and the Joint Ministerial Statement to maintain open and connected supply chains for essential food supplies that were issued in June 2020.

France is Singapore’s second and fourth-largest EU trading partner in goods and services respectively. France is also Singapore’s fifth largest EU investor. Singapore is France’s top trade and investment partner in ASEAN. There is an active community of over 2,500 French businesses and 300 French startups in Singapore, as well as over 200 French researchers within Singapore academic and research centres.

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