Singapore intends to be a nation where businesses can be effective and make the most of the new possibilities in the digital economy. Autonomous Vehicle Trials in SingaporeThis initiative involves the application of self-driving technology to public transport and freight to confronting restrictions in land and labor power. A day in the life of a data analytics graduate at Citi’s Innovation Lab. Big-data start-up Nugit automates the gathering of marketing insights for some of the world’s biggest online players, including Facebook and Google. In recent weeks, it raised $8.2m in a Series A round that included Vertex Ventures, Kalaari Capital, IDG Ventures India, Dream Incubator and CreditEase. In November 2014, Singapore announced its smart city initiative under the name Smart Nation. The island city-state that occupies a strategic point in the Straits between India and Hong Kong was founded as a colonial settlement by Stamford Raffles in 1819. Learn more about smart city initiatives in our guide: Dubai Smart City: Paving The Way With Innovation And Technology. Active accelerators and incubators include Startupbootcamp FinTech, Fatfish, Rockstart and NTUC U Startup. The shuttle can transport passengers from their doorstep to the train station. GovTech is creating a sensor network throughout the nation known as the Smart Nation Sensor Platform (or SNSP), previously called Smart Nation Platform, with services and infrastructure, such as video and data analytics capabilities and a data-sharing gateway. These agencies support private-public partnerships and startup ecosystems. We can treat Singapore as a testbed for smart city models that may become widespread 20, 30, or 40 years from now, when the digital society is a first-class citizen driving all societal structures. Founded by financial industry veterans, Spark Systems is a fintech start-up that is building an FX trading platform for Asia. Moments of LifeParents and caregivers of young children can use this single platform to access integrated information about services in a timely way to gain personalized support at central moments in their lives. Launched in Singapore in 2011, Chope claims to be the most widely used restaurant-booking system in … A central component in Singapore’s Smart Nation program is its strong universities and government agencies. Devised to make compliance-driven due diligence more affordable, Datarama is a fintech platform for bankers and investors. 7 US companies hiring in Ireland right now, 7 of the coolest science jobs in the world, Thinking about a career in marketing? This year, it raised seed funding of $2m led by Wavemaker with participation from Golden Gate Ventures, Alpha JWC and Convergence Ventures. Greyloft was chosen as one of hottest startups in 2017! 1. Conceived in 2014 by Bryan Chua, Henry Chan and Joel Leong, ShopBack recently raised $25m in a major round led by Japanese finance and credit card company Credit Saison. #team #teambonding #culture #work #teamwork #wavecell pic.twitter.com/hI1v89vw3y. The IGNITE competition held by National Innovation Foundation – India is a platform that is giving these young minds a place to experiment and innovate, and come up with something extra ordinary. The service is oriented towards supporting local communities and giving employment to part-time shoppers, including stay-at-home parents, caregivers and students. Straits Times Food Critic Wong Ah Yoke visited Bayswater Kitchen last week, and it looks like their catch of the… https://t.co/r6myATJuSS, — Chope Singapore (@ChopeSG) November 16, 2017. What are the most important skills for software graduates? It cuts through all the noise to create ‘decision-ready’ reports. John Kennedy is an award-winning technology journalist who served as editor of Siliconrepublic.com for 17 years. https://t.co/y99d3Acfer #mightybear #investment #singapore #games, — Mighty Bear Games (@MightyBearGames) July 5, 2017. After gaining independence from Malaysia in 1965, the city-state was divided and race riots ensued. 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According to World Bank, the Lion City with a 5.5 million population and a GNI per Capita of US$ 52,090 holds the second spot among 190 countries in the World Bank’s Ease of Doing Business Rank for 2018 . An on-demand food delivery service, Honestbee collects groceries and ‘hawker food’, and delivers it within an hour via a mobile app. The digital government should also “serve with heart,” providing a personal touch to enhance the experience of their citizens. Please visit our Privacy Policy page for more information about cookies and how we use them. Today, it is a fusion of the rich diversity of cultures from all across Asia. Contactless Fare Payment for Public TransportCommuters can use this payment system to easily pass through fare gates, which makes 'topping up' fare cards obsolete. In many ways, it is the future. Founded last year by Parikshit Paspulati, Ravi Shankar and Shankar Narayanan, Active.Ai has the ambition to become the AI SaaS platform of choice for financial services. Learn more about smart city initiatives in our guide: Dubai Smart City: Paving The Way With Innovation And Technology, Smart City New York: Cooperation To Innovation, The transformation of Singapore into a smart city, The pillars of the Singapore Smart Nation. Founded by Oliver Tan, Chua Tat-Seng, Roger Yuen and Li Guangda, the company last year raised $10.5m in a Series B round led by Rakuten. Dr Patrick Tan, Senior Lecturer of Strategic Management, Singapore Management University. The initiative rests on three pillars of digitization: This project aims to make Singapore a leading digital economy that will attract foreign investments and provide opportunities for Singaporeans. How do companies ensure diversity in their workforce? Early backers include 500 Startups. The LTA uses real-time location data of buses to meet and anticipate the demands of commuters effectively. The hands-free automation fare collection system uses Radio Frequency Identification (RFI) to identify a fare card of a commuter and automatically deduct a fare as they pass through. With investors that include the aforementioned Saverin, 99.co is a start-up focused on the Singapore real-estate market, which is understood to be one of the top 10 real-estate markets in the world. 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Smart Urban MobilityHands-free ticketing technology provides families with young children, the elderly, and individuals with difficulties getting around to enter and exit train stations with ease. The Company current operating status is live with registered address at REGENTVILLE. Every business, industry and government agency needs to increase its digitization efforts and build a society of digitally receptive communities and individuals. Sensors installed in more than 5,000 vehicles, track the arrival times of buses. Not many cities will be able to match the extent of Singapore’s transformation. The government has adopted policies to promote innovation in the private and public sectors, including legislation and assistance for co-creation and research to drive growth across the board, including the public sector, so to ensure that all levels of society can use and benefit from these technologies and innovations. Today we're very happy to announce our first round of investment. A central component in Singapore’s Smart Nation program is its strong universities and government agencies. My company Ince Group is setting up a worldwide Innovation Distributor Partnership Collective Group that will connect distributors, manufacturers and suppliers from all over the world to provide help, support, new ideas and a new international brand name for all companies that are a part of the collective. Highlighted in this article are the top 16 in-demand business ideas in Singapore for 2018. Spark Systems wants #Singapore hardwired for FX https://t.co/g4XaYtufA8 pic.twitter.com/1o5hiOBPGA, — The Business Times (@BusinessTimes) November 22, 2017. Founded in 2015 by Raphael Bouzy, the platform mines data on more than 610,000 companies and 750,000 individuals, and has raised a seed round led by TC Capital. Around the world, markets are offering all sorts of innovative new activity bar ideas. It uses an interactive map to help compliance officers and financial crime investigators unearth vital information. All content copyright 2002-2020 Silicon Republic Knowledge & Events Management Ltd. Reproduction without explicit permission is prohibited. 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