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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
Text and photos:
Riku Mäkelä
Counsellor, Innovation and Trade
Embassy of Finland in Singapore
riku.makela@formin.fi

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Singapore smart opportunities webinar 13.3.2017

  • 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. Text and photos: Riku Mäkelä Counsellor, Innovation and Trade Embassy of Finland in Singapore riku.makela@formin.fi