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Singapore leading Cleantech innovation in Asia

Singapore leading Cleantech innovation in Asia

Guest-Of-Honour, Minister for Trade and Industry, Mr S Iswaran, addressed an audience yesterday (Tues 27. Oct. 2015) at an event during Singapore International Energy week  (SIEW) focusing on how Singapore is paving the way to become the leading Cleantech hub of Asia.

Many countries and cities are already planning their economic growth which includes clean energy as a key solution to reduce pollution and mitigate climate change. In many countries renewable energy has become attractive due to its growing cost competitiveness and its contributions to enhancing energy security.

Asia is now at the centre of global clean energy growth, driven by the region’s robust energy demand, which is expected to more than double by 2035. Many Asian countries have huge aspirations and plans of making solar their main source of energy – China, India have big plans as well as Indonesia and The Philippines.

Singapore aims to be the leading Cleantech Hub in Asia and play its part in addressing climate change

Singapore has become an enticing location for international Clean Technology companies to develop and provide solutions to markets in the region mainly because of  Singapore’s significant investments in research and development, strong engineering and project development capabilities, as well as good market connectivity.

The Economic Development Board (EDB) has recently secured a number of new investments in solar, fuel cells, smart grids in Singapore. These projects will together create over 100 professional jobs and S$150 million in business spending over the next five years.

Some examples of companies investing in Singapore include a leading German solar engineering, procurement and construction company which is establishing its global Headquarters in a joint venture with a local Singaporean marine company. A leading fuel cells company from the UK opening its global supply chain office in Singapore as well as many MNCs venturing on Smart grid projects and solutions.

To address the needs of a more sophisticated energy industry, Singapore is looking for innovation through public-private partnerships. An example of this is the S$30 million Singapore Power Energy Advanced Research and Development or SPEAR programme through which Singapore Power (SP) and EDB will co-innovate with companies to increase the resiliency of the Singapore national grid.  Since its launch earlier this year, the SPEAR programme has attracted 42 proposals from leading industry players in the areas of grid communications, data analytics and smart energy management.

These investments prove confidence in Singapore’s role as an effective Cleantech hub, with an emphasis on innovation, project development, and financing activities.

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.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

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.

PARTNER

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 business services provider. We help 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 3,000 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.

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