Local mobile applications developers can now gain advanced technical skills training and hands-on experience with leading mobile MNC partners.
Working with MNC partners such as Google, Microsoft, Nokia and Research In Motion (RIM), developers will receive training in technical areas relevant to the partners’ operating platforms, including cross-platform technologies, web-based technologies, and user interface and experience design. They will also be given the opportunity to leverage the partners’ channels to market the solutions they have developed under the training period.
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Greenplum Database, a solutions provider for large-scale data warehousing and analytics to some of the world’s largest data-driven businesses more than doubled both revenue and new customers in 2009, despite the recession then.
The company’s co-founder and president, Scott Yara said, ”Although Singapore is a fairly small market compared to others, it is nevertheless an important one’.
A Silicon Valley venture-funded company founded in 2003, it established its regional headquarters in Singapore in 2007. Mr Yara noted the huge potential of emerging markets as the next billion Internet users are to come from this region. He sees markets such as China, India and Japan to grow very rapidly, as well as South-east Asia, Korea and Australia.
‘Currently, almost half of our global customers are in Asia, and we enjoyed exceptionally strong acceptance in the China and Korea markets, as well as the telecoms, financial services and ‘Internet 2.0′ sectors. The public sector is another area we are expecting strong business growth going forward.’
The company’s Singapore regional headquarters has various key functions, including supporting roles. ‘Although Singapore is a fairly small market compared to others, it is nevertheless an important one. Government initiatives in broadband networks and Cloud Computing, such as Singapore’s Next Generation Nationwide Broadband Network, will drive massive growth in data volumes, leading the need for advanced and cost-effective ways of analysing that data to understand customer and citizen needs.’
Given the demographics and the economic growth of Asia, Mr Yara said that it is very natural that the company enjoys cost-effectiveness and strong success in this part of the world.
‘Singapore’s role as a regional headquarters for many large international corporations, coupled with its growing reputation as a secure, reliable data centre hub, provides excellent business opportunities for deployment of our technology.’
Research findings showed that Asia accounted for more than 53% of the broadband lines added in the world in the first quarter of 2010. An example is Singapore which is rolling out its its Next Generation Nationwide Broadband Network, (Next Gen NBN).
Global broadband connections currently top 484 million lines, resulting in a 3.12% growth in the quarter, and 12.41% in the past year to the end of Q1 of this year.
The first quarter growth rate increase shows a tremendous growth for worldwide broadband. At the same time the number of IPTV (Internet Protocol TV) subscribers grew to 36.3 million. According to the Infocomm Development Authority of Singapore (IDA), as of Apr 2010, Singapore’s total broadband subscriptions stood at 6.39 million, up from 6.22 million in March 2010.
DSL (digital subscriber line) remains as the most popular access technology for broadband. Fibre continues to experience a rapid growth. Supported by some major national government initiatives, broadband adoption is expected to accelerate even more in the next few years.
The surge in broadband users in Asia has resulted in the region to increase its market share to 32.4 per cent - almost one-third of the global market.
PayPal is looking at growing its pie in Asia-Pacific for mobile commerce. According to Informa Research, the region’s mobile commerce market is expected to explode from 24 billion dollars in 2009 to 139 billion dollars in 2012.
PayPal announced that it had signed an agreement with the Infocomm Development Authority of Singapore (IDA) to drive mobile commerce in the country. This will make it easier for businesses and consumers to conduct transactions and make payments over mobile phones.
The company plans to double its employees in the region to more than 2,000 by the end of the year with Singapore serving as its international base.
Markets such as Australia, Singapore and Malaysia are seeing a surge in mobile commerce, especially with the proliferation in smart phone usage. In Singapore, eight out of every 10 mobile phones sold is a smartphone.
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The Next Generation Nationwide Broadband Network (Next Gen NBN) is expected to be deployed nationwide in Singapore by 2012 to offer competitively priced broadband speeds from 100Mbps, scalable up to one Gbps (gigabit per second) and beyond. It will be rolled out in workplaces, homes and schools, and even to outdoor locations.
Beyond the boost in speeds, a competitive retail broadband services market will open doors to new advancements such as interactive Internet Protocol TV, telemedicine, interactive e-learning, multi-user real-time simulation games etc.
The government would be one key user in this space to deliver the best government services to employees and citizens.
The Infocomm Development Authority (IDA) is also supporting the establishment of Next Generation Innovation Centres (NGIC) to facilitate collaboration by the various infocomm players to create innovative solutions. Service and technology providers can use Singapore as a test bed for new products, services and business models to bring them into international markets.
Major enterprises like Citibank, BNP Paribas International Private Bank, Deutsche Bank, Credit Agricole Corporate and Investment Bank, UOB and Daimler are also making Singapore their choice destination to locate their shared IT services centres.
Apart from large multinational corporations, over the past 2 years, some 40 start-ups from countries such as the US, Europe and Asia have also anchored their Asia headquarters and engineering centres here, bringing in more than $50 million worth of investments and contributing more than 260 high-value, innovation-driven engineering jobs in Singapore.