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Singapore smart opportunities webinar 13.3.2017

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Market opportunities Webinar: Singapore etsii älykkäitä ratkaisuja

Singapore on vauhdilla kehittyvä älykäs kaupunki ja valtio. Singapore Smart Nation -kokonaisuus panostaa julkisten palvelujen digitalisointiin ja teollisuuden digitalisaation tukemiseen miljardeja vuodessa. Julkinen sektori ja yritykset etsivät maailman parhaita teknologioita, tuotteita ja palveluja. Suomalaisilla yrityksillä on niitä tarjota. Team Finland linkittää tätä kysyntää ja tarjontaa toisiinsa.

Oheinen esitys kuultiin Team Finland Market opportunities -webinaarissa 13.3.2017 ja liittyvä aineisto löytyy osoitteesta https://www.marketopportunities.fi/singapore-digital-future-of-the-first-truly-smart-nation-by-2025

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Singapore smart opportunities webinar 13.3.2017

  1. 1. SINGAPORE – THE FIRST TRULY SMART NATION BY 2025 OVERVIEW OF SINGAPORE AND SMART OPPORTUNITIES WEBINAR 13.3.2017 RIKU MÄKELÄ, COUNSELLOR, INNOVATION AND TRADE AFFAIRS EMBASSY OF FINLAND IN SINGAPORE
  2. 2. SINGAPORE • An island • Population same as Finland • Land area same as Tampere • GDP/capita double of Finland • More like a company building its brand than a country • 1000 Finns • 140 Finnish companies registered in Singapore • Most of the foreign companies coordinate their Southeast Asia, Asia or APAC-India operations from Singapore Team Finland Future Watch Report: Singapore – the First Smart Nation by 20252
  3. 3. SMART NATION INITIATIVE A coordinated effort to use digital solutions to manage upcoming challenges for the country. Led by programme office under the Prime Minister’s office. Main agencies are • Government Technology Agency GovTech • Information and Media Development Authority IMDA 3 Singapore wants its companies to provide smart cities to the rest of the world based on its own growing experience. Future Watch report: Singapore – the First Truly Smart Nation by 2025
  4. 4. OPPORTUNITIES: SMART NATION IN SINGAPORE AND SMART CITIES THROUGH SINGAPORE • Singapore develops the infrastructure, enables and encourages private sector and directs substantial funding to make the Smart Nation to happen. • Finnish companies can find future business opportunities from Singapore and tap into bigger opportunities in China, India and Southeast Asia by partnering with Singapore based big players. • In addition to wide range of needs for ICT solutions for digital infrastructure, different sectors are scouting for technologies for their digital future. Promising sectors for Finnish offering include remote monitoring, waste management, traffic and logistics, healthcare, education and government’s online services. 4 ENABLING NETWORKS & PLATFORMS CONSTITUENTS, COMMUNITIES AND ORGANIZATIONS IMDA APPLICATION CLUSTERS HDB/JTC (Property/Housing) Public Utilities Board Smart Housing (HDB Estates) Autonomous Transport FEDERATED API DEVELOPMENT Singapore Power Government of Singapore LTA (Transport) Singtel • M1 • StarHub • (4th pending ) Universities (e.g. NTU) Healthcare & Assistive robotics FinTech CLOUD SERVICES & INFRASTRUCTURE: Singapore has ~50 data centres and is preferred regional hub Smart Nation Programme Office (SNPO) STRATEGY Info-communications Media Development Authority (IMDA)  PLATFORM Government Technology Agency of Singapore (GovTech)  GOVERNMENT A*STAR (and Universities)  RESEARCH MAS (FinTech) PUB / EMA (Utilities) SkillsFuture Singapore (Training) Building and Construction Authority (BCA) Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  5. 5. SURBANA JURONG AND SMART CITIES • Engineering consulting company, plans, leads projects, operates • ” Singapore, 25 November 2016 – Surbana Jurong and Microsoft announced today that they have signed a Memorandum of Understanding (MOU) to jointly develop cloud-based Smart City in a Box solutions, while enhancing its suite of applications, in the Asia Pacific region. • Launched in July 2016, Surbana Jurong’s Smart City in a Box is an integrated set of solutions with a dashboard that allows city officials to load customisable applications (Apps) in four key areas – security, efficiency, sustainability and community. This enables them to track, monitor and manage cities better.” Team Finland Future Watch Report: Singapore – the First Smart Nation by 20255
  6. 6. SURBANA JURONG SMART CITY IN A BOX IN HDB FLATS IN SINGAPORE • 1 million HDB flats in Singapore (gov supported housing • 40 000 CCTV cameras, huge number of sensors, millions of free data feeds, etc • Data comes to monitoring center for storage, analysis and reactions • Needs: • Apps for citizens, private service providers, public sector representatives • Big data analysis algorithms and tools • basically, anything that could add value Team Finland Future Watch Report: Singapore – the First Smart Nation by 20256
  7. 7. SALES LEADS: TECHNOLOGIES FOR SMART CITY OPERATOR 1) Maintenance Feedback & Inspection 2) Lights management 3) Climatic Modelling 4) Energy Monitoring and management 5) Water Quality monitoring 6) Community Feedback (iTown and Text Mining) 7) Smart Home & community Team Finland Future Watch Report: Singapore – the First Smart Nation by 20257 8) Drowning Early Detection 9) Facial Recognition, Safety & Security Surveillance 10) Intelligent Lock & Hazmat Tracking 11) Smart Traffic monitoring 12) Predictive Asset Maintenance and Monitoring 13) e-Government
  8. 8. OPPORTUNITIES: HEALTHCARE • 80% of hospitals are public, 80% of clinics are private • Doubling the number of people over 65 years old int0 900 000 by 2030 • Four new public hospitals by 2030 by MOHH • 19 new public nursing homes by 2020 • Ministry of Health MOH takes care of regulation • Ministry of Health Holdings Ppt Ltd MOHH operates the public side with its companies, agencies and healhcare provider organizations Team Finland Future Watch Report: Singapore – the First Smart Nation by 20258 • Big support from both public and private sector for innovation, startups and industry-academia cooperation in health tech and life sciences
  9. 9. OPPORTUNITIES: EDUCATION • Ministry of Education is working on a national portal to provide all schools access to digital learning contents. • The plan is to have APIs for third parties to make their eLearning solutions and contents available through this system to teachers and more than 500 000 students in K-12 schools. 9 • GEMS, a chain of international schools, is a partner for Suomi Finland 100 Singapore for Education Symposium event in September
  10. 10. OPPORTUNIEIS: FUTURE PORT & MARITIME • Sales Lead: Scouting group of 10 Singaporean companies will look for technologies to a new semi-automated container depot from Finland in May • Team Finland maritime/ports day, led by City of Helsinki, in Sept in Singapore10 • Singapore port will move to a new location in stages in 20 years and will be double the capacity • Business Opportunity report: Solutions for Singapore’s New Megaport
  11. 11. SALES LEADS: TECHNOLOGIES FOR A PORT Looking for companies/startups to invest in, for small stake equity. 1) Smart machines and systems: connected network of equipment streaming situational data for enhanced sense making and pre-emptive responses. 2) Pre-emptive health, safety and security management. Integrated analytics-supported HSS management for prevention before mitigation. 3) Sustainable environment: smart systems around energy consumption, recycling and emissions. 4) Integrated and optimized operations: data-driven operations for consistent & sustained high productivity, asset utilization and customer service levels. 5) Automated container handling: 6) Submersible drones • UAV and underwater drones • Smart cranes, smart workshops, smart maintenance • Predictive maintenance, trolley rail imaging systems, vibration monitoring systems • Automated washing, AGV in workshop for auto parts delivery, semi-auto rut runners for fire charge Team Finland Future Watch Report: Singapore – the First Smart Nation by 202511
  12. 12. OPPORTUNITY: SERVICE DESIGN • The Singapore government’s Design Masterplan 2025 • The plan is to make enable an innovation-driven economy by changing how we look at design & develop and enhance the design being used to solve business solutions and improve productivity. 12 • Business Opportunity: Service Design Opportunities in Singapore • Design / Service Design / Designing Better Life are theme/s that cut through all b2b events of Finland in Singapore
  13. 13. SALES LEADS: SINGAPOREAN INDUSTRIEL COMPANY LOOKING FOR ENVIRONMENTAL AND CONSTRUCTION SOLUTIONS Looking for companies to invest in. 1) Environmental services, e.g. relating to oil-and-chemical waste management, waste-to-energy treatment (exclude plasma technology) • It could be operators of waste management facilities or manufacturer of waste treatment equipment with particular focus on Waste chemical, Oil and water • For manufacturer, with in house proprietary knowhow. 2) Construction, e.g. relating to Prefabricated Prefinished Volumetric Construction (PPVC), lightweight materials • Manufacture construction materials (it can be construction chemicals, Dry board/wall, light weight concrete, composite fibre, etc), rather than offering services • Have own proprietary knowhow • Products are portable/exportable Team Finland Future Watch Report: Singapore – the First Smart Nation by 202513
  14. 14. ENTERING THE MARKET • Part of your strategy? • Enough resources? • Both proactive and reactive approach • Geographical area? • Establishing a company • Establishing a representative office • Finding a representative, dealer, manufacturer, e tc • Fully self-owned or a joint venture? • Test your value proposition and ideas first Team Finland Future Watch Report: Singapore – the First Smart Nation by 202514
  15. 15. SINGAPORE’S CULTURE AND BUSINESS ENVIRONMENT 5.5M PEOPLE 720 km2 52 YEARS OLD NATION 1.5 FOREIGNERS ENGLISH AGEING POPULATION DGP/capita 80k USD (PPP) MONEY COUNTRY OF DOERS ROUTE AND HUB TO APAC-INDIA VISION+STRATEGY+IMPLEMENTATION NOT CORRUPTED SOLUTION ORIENTED PRESS FREEDOM.. GOOD MONEY FOR TANGIBLE BENEFITS OR PRIVILEDGE AVERSION TO PAYING FOR CONSULTANTS PUBLIC PROCUREMENT MULTINATIONAL CORPORATIONS SMEs STARTUP SCENE GRANTS AND OTHER HELP EDB & SPRING Team Finland Future Watch Report: Singapore – the First Smart Nation by 202515
  16. 16. SINGAPORE’S STRENTHS AND WEAKNESSES AS A PLACE FOR BUSINESS STRENTHS • Ease of setting up a business • Stable political climate and rule of law • Huge mobile and online penetration • Robust financial and technical infrastructure • Access to foreign investment • No corruption in a corporation • Highly sophisticated society • Highly educated population • Fast pace of change and development • Diversity of race, religion and culture Team Finland Future Watch Report: Singapore – the First Smart Nation by 202516 WEAKNESSES • Shortage of technical talent • High cost of living • Shortage of investment past series B stage • Small local market
  17. 17. OPTIONS FOR THE NEXT STEPS 17 Strategy without entrepreneurship is central planning. Entrepreneurship without strategy leads to chaos. David Collis in Harvard Business Review 1. Advise by Team Finland in Finland and in Singapore 2. Connections to experts and consultants 3. Door opening services 4. NUS Market Access Program through Tekes 5. Business Opportunities (both the published ones and the ones under work) 6. Sales Leads (both the published ones and the ones under work) 7. Suomi Finland 100 Singapore SF100SG joint PR and marketing operation 8. Singaporean delegations and scouting expeditions to Finland 9. Delegation trips to Singapore 10. Events where Team Finland and SF100SG provide special added value for participating Finnish companies Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  18. 18. BUSINESS OPPORTUNITIES 18 I am more than convinced that we should increase our collaboration at a practical level, especially in areas such as transportation and automatic vehicles, healthcare, safety and education. Pekka Soini, CEO of Tekes 1. Public Sector Smart Nation Pilots 2. Digitalization of Healthcare Processes 3. eLearning - Access to Singapore Schools 4. Smart Waste Collection Pilots 5. Service Design Singapore, Feb 17th 2017 Pekka Soini, CEO of Tekes, the Finnish Funding Agency for Innovation in Finland with Jacqueline Poh, Chief Executive of Government Technology Agency Singapore in Suomi Finland 100 Singapore Dialogue series: “Facing common challenges” – Digitalization of a Nation.
  19. 19. SALES LEADS 19 On the next trip to Finland, we will be looking for solutions to a future container depot that will be semi-automated. Leader of a Singaporean business delegation The following sales leads are under work: 1. Energy Efficient Green Building Pilots • 30% improvement in energy efficiency • Looking for technologis for pilots where gov gives 80% grant for building owner for the pilot project 2. Solutions for Semi-Automated Container Depot • 10 companies in Finland in May looking for technology solutions 3. Data Enabled Services for 1 Million homes – Surbana Jurong HDB flats case • Currently generating a long list of potential apps, algorithms, etc to start cooperation with Surbana Jurong Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  20. 20. SUOMI FINLAND 100 SINGAPORE 20 Opportunity for a year long partnership for PR and marketing Embassy of Finland is one of the partners representing the Team Finland network Suomi Finland 100 Singapore is a non- profit association to coodinate the cooperation of all activities under the Suomi Finland 100 theme in Singapore in 2017 Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  21. 21. DELEGATION TRIPS TO AND EVENTS IN SINGAPORE 21 Artificial intelligence, robotics, big data, and 3D printing or additive manufacturing, are platform technologies which are going to completely transform the way we live, work, play, mobilize, meet and communicate. Vivian Balakrishnan Minister for Foreign Affairs April Ageing and Health: healthcare delegation to Ageing Asia and Finland’s side events April Maritime Week + Finnish maritime side events May InnovFest Unbound: Smart Nation week TF Singapore connectiona to event + Finnish innovation and entrepreneurship side events May CommunicAsia: EU Business Avenues delegation (full) + Finnish ICT side events Aug Healthcare Devices: EU Business Avenues with Finnish healthcare side events in Singapore and Thailand Aug in Finland: ASEAN + Australia roadshow in Helsinki 18.8. + Tampere, Oulu Rovaniemi Sept 18.-22.9. power week: general events SWITCH, InnoVentures and Slush Singapore plus Finnish side events on education, health and maritime Nov-Dec Finland Fridays on education, health, service design and entrepreneurship Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  22. 22. NEXT STEPS 22 Do, or do not. There is no try. Yoda from Star Wars • Check out the materials that will be shared after the webinar • Stay up-to-date about Singapore opportunities and events at Team Finland Singapore web page • Follow what is happening under Suomi Finland 100 Singapore • Follow the Team Finland www.marketopportunities.fi for all country reports, future watch reports, business opportunities and sales leads collected globally • For more information and discussions about Singapore and your business. contact your local Team Finland expert and/or Riku in Singapore riku.makela@formin.fi Team Finland Future Watch Report: Singapore – the First Smart Nation by 2025
  23. 23. SINGAPORE – REITTI KAAKKOIS- AASIAAN, KIINAAN JA INTIAANNEXT: EMAIL RIKU.MAKELA@FORMIN.FI TO TELL ABOUT YOUR BUSINESS AND YOUR SINGAPORE INTERESTS & FIX A MEETING TO TALK MORE
  24. 24. Text and photos: Riku Mäkelä Counsellor, Innovation and Trade Embassy of Finland in Singapore riku.makela@formin.fi

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