Focus on commercialisation of new digital solutions
Surbana Jurong and Singapore’s Agency for Science, Technology and Research (A*STAR), signed a Memorandum of Understanding (MOU) on 17 July 2019 to co-develop digital solutions for the planning, design and maintenance of smart cities, with a focus on commercialisation.
Under the MOU, A*STAR and Surbana Jurong will jointly develop advanced digital capabilities for three key areas:
Surbana Jurong’s adoption of these advanced digital technologies would support its efforts to provide best in class consultancy solutions across the entire value chain including facilities and asset management services, thus strengthening its end-to-end service delivery and competitiveness, particularly in overseas markets.
As part of the commercialisation partnership, Surbana Jurong will incorporate, into its service offerings, technologies commercialised by A*STAR’s small and medium enterprises (SMEs) and startup licensees. Surbana Jurong will also expose Singapore companies in its supply chain to overseas markets for new business opportunities, including the 40 countries in which the company has an existing market presence. The upcoming Surbana Jurong Campus in Singapore will also serve as a test-bed for new technologies in partnership with A*STAR, SMEs and startups.
“Moving forward, A*STAR will enhance our support for large local enterprises such as Surbana Jurong, so as to enhance their global competitiveness through leveraging technology. The fact that other local SMEs can benefit from this new partnership is a very important outcome,” said Mr Frederick Chew, CEO, A*STAR.
Mr Wong Heang Fine, Group CEO of Surbana Jurong, added, “With the emphasis placed on developing smart urban cities, it is crucial for Surbana Jurong to be equipped with the latest and most advanced digital technologies to better serve our clients in this area. We have focused strongly in recent years to adopt digital technologies and see good potential in further digitalising our solutions for the planning and design of smart cities. Our competitive advantage lies in our ability to deliver consultancy solution across the full value chain including facilities and asset management. We are confident that our collaboration with A*STAR will help us develop even more competitive, value-adding and cost-effective solutions in urban and industrial planning, as well as facilities management for our clients.”