Launches Applied Innovation Exchange (AIE) in Singapore to serve Southeast Asia region to take global network to 10 innovation centers worldwide
Capgemini announced the launch of its newest Applied Innovation Exchange (AIE) located in Singapore. The exchange will deliver a robust service catalogue, within an ecosystem of other AIEs, including a focus in areas such as data analytics, visualization, artificial intelligence and cognitive computing. It will be Capgemini’s first AIE in Southeast Asia and 10th globally, in addition to its complement of Applied Innovation Discovery Centers. In line with Singapore’s ‘Smart Nation’ vision which is designed to harness digital technologies as powerful catalysts for change, the AIE will strengthen Singapore’s reputation as an innovation hub by expanding the region’s innovation capacity and bolstering the development of local talent, to co-create a technology-enabled future.
Singapore is already one of five Asian cities ranked among the top 10 locations for innovation centers worldwide, according to Capgemini Consulting’s research, with Asia now rivalling Silicon Valley as a new home to global innovation centers. Capgemini’s AIE enables local and regional organizations to future-proof themselves, by proactively planning for forthcoming transformations by responding in an agile way that breaks with the traditional siloed models of Research & Development (R&D).
“Businesses are now focused on how to embrace and apply innovation with speed and scale in a secure and sustainable way. This requires a new way of thinking and working, in which companies drive corporate innovation through collaboration with a broad innovation ecosystem, to reinvent themselves for tomorrow’s business challenges,” said Lanny Cohen, Global Chief Technology Officer and member of the Group Executive Committee at Capgemini. “With its vibrant start-up scene and business friendly environment, Singapore is the vanguard of Asia’s rise as an innovation superpower and the perfect location for Capgemini to establish our first AIE in Southeast Asia.”
From the beginning, the Singapore AIE will be working with Capgemini’s partners and academic institutions in Singapore, to develop a databank of knowledge and expertise specifically for Singapore. It will also work globally with existing AIEs in locations such as London, Munich, Mumbai, Paris, and San Francisco.
“Singapore’s recent Committee for the Future Economy report underscored the nation’s need to further develop innovation by fostering entrepreneurial talent and collaborating with innovation hubs. To that end, we are committed to working closely with our key partners, the Economic Development Board, and the city’s varied ecosystem of innovators and start-ups to create new solutions for companies to future-proof their businesses,” said Luc-François Salvador, Executive Chairman of Capgemini Asia Pacific and the Middle East.
Leveraging Capgemini’s inherent culture of applied innovation, the AIE framework helps organizations foster a structured approach to drive the innovation process comprising four phases – Discover, Devise, Deploy, and Sustain. It enables companies to systematically work through the process of innovation, uncover and experiment with new creative ideas, while simultaneously remaining agile enough to respond to the constant market and technology shifts. Companies from industries such as automotive, manufacturing, consumer products and retail, banking and insurance, and energy and utilities have used this framework to help to drive real and sustainable growth opportunities for their businesses. The new AIE will also function as a gateway to broader and deeper knowledge by providing businesses from Singapore and neighbouring nations access to a wider global ecosystem of emerging technologies and innovation collaborators, as well as to the entirety of Capgemini’s leading innovation capabilities and expertise.
