February 25, 2024

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Singapore’s Privately Led Digital Hub

It seems like everyone is on the Smart Cities hype. Governments aren’t the only ones pushing for a higher quality of life with data and technology. Private companies are surely getting their foot in the door with the huge technological and financial capabilities they possess.

Smart Cities Need Both Tech and Insight

The most recent Digital Consulting and Smart Cities hub in Singapore is exemplary. Launched by a Norwegian global private quality assurance and risk management company, the project aims to pack a punch into how Smart Cities are conceptualised. The Norwegian company will work closely with the Singapore Government and relevant companies for the project. From their collaboration, they hope to boost the performance of assets and infrastructure and elevate the quality of life in a Smart City.

It is the holistic approach which makes the company’s project fascinating. Using their digital and technical expertise in operations, the company is able to meet current urban solutions demands. The tools they posses can facilitate favourable asset performance and better living conditions.

A three-pronged approach is inculcated to deliver a comprehensive design. Three dedicated teams have been outlined to govern smart cities, cyber security and digital development. An open industry data analytics platform has also been made available to facilitate the infrastructural development.

Known as Veracity, the platform brings together a selection of digital tools and apps where a multitude of tech professionals and vendors can come together to work on problems and tease out new insights.

Why Public Private Partnerships Work For Smart Cities (and Singapore)

Collectively, the Norwegian company aims to help cities and its businesses develop and cope with the challenges of urban life. A host of advisory service, predictive analytics, applications development and standard setting for digital technologies will be rolled out as part of the Digital Consulting and Smart Cities plan. The technological solutions they provide help anticipate change and stay buoy during unforeseen events.

The Regional Manager of the Digital Consulting and Smart Cities project said, “Our clients know we are technically capable of understanding their assets and we can also see the challenges and solutions from a holistic perspective, which is why they have trust in us. We’re able to strike the balance between operational technology and information technology.”

Affirming the favourability of the public-private partnership is Mr Lim Kok Kiang, Assistant Managing Director of the Economic Development Board. He said the company’s choice to operate its hub in Singapore is “testament to [Singapore’s] strong digital talent and IT infrastructure”. The company reaffirmed that the Hub’s employees will be drawn from the region’s “innovative and dedicated entrepreneurs”.

Typical of a tech project, the digital hub is expected to be lean. The company announced that 50 employees will be recruited over the next five years to supplement the project. These employees will derive from Singapore’s mature software development and engineering talent pool. Furthermore, the Norwegian company will tie-up with local universities and business to work on the solutions they intend to put forth.

Singapore: a Tech Launch Pad

Underscoring Singapore’s attractiveness, Mr Lim reiterated that the company will be one of many who “join a growing ecosystem of digital technology solution providers using Singapore as a base to serve companies and cities in Asia who wish to extract more insights and value from their data.”

Indeed, even the Regional Manager of the project believes so. He said, “We will be the digital headquarters for the Asia Pacific region…[Singapore’s] an exciting place to work.”

As hot test-bed and forerunner in Smart City projects, Singapore is a country to turn to for inspiration. Once the project is up and running, it is believed that countries in the region will seek to emulate the success. Tech transfers will be inevitable, and consequently regional development.

A lot can be expected from the marriage of technical and technological expertise. Some interesting projects to look out for are those which gear up for climate resilience, measure infrastructure performance and monitor cyber security risks. All are important facets in a fully operable Smart City.

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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