Aiming to bring its expertise and innovations in the Internet of Things (IoT) to the South-east Asian market, Siemens launched its first fully integrated Digitalization Hub in Singapore.
Fully supported by Singapore Economic Development Board, the Hub eyes bringing together professionals from various sectors such as healthcare, industrial, and urban infrastructure to experiment, develop, and test-bed innovations and future-ready digital solutions that can help boost sustainability and efficiency of businesses.
A vital and integral part of the Hub concept is the cloud-based IoT operating system MindSphere, which offers data analytics, connectivity capabilities and tools for developers, applications and services. This also evaluates and process data to gain insights about the productivity of business assets.
Siemens President and CEO Joe Kaeser said Singapore is an ideal location for the Hub because of its distinctively advanced industrial and urban infrastructure development and for its Smart Nation initiative.
"With this Digitalization Hub, we're creating synergy and an ecosystem for our teams, customers and business partners to tap into the benefits that digitalization can bring," Kaeser said in a media statement.
For EDB Chairperson Dr. Beh Swan Gin, the opening of the Hub supports the increasing opportunities for companies, government agencies and individuals to co-develop innovative digital solutions in the Industrial IoT space. "The Hub will also help expand the pipeline of digital-ready talent in Singapore," he said.
Initially, sixty specialists from various fields will be working at the Hub. The number of experts is expected to reach 300 by 2022. As part of the launch of the Hub, Siemens signed three collaboration agreements with Singapore partners, including Nanyang Technological University (NTU), SP Group, and the electronics arm of Singapore Technologies Engineering.
The deal with NTU Singapore focuses on creating data-driven innovations for urban infrastructures, such as innovative mobility solutions. On the other hand, the partnership with SP Group will take on building a next-generation energy management software platform.
Lastly, the collaboration with ST Electronics will be creating and marketing innovative digital use cases in the field of transportation.