Innovation & Technology

Overview 

Singapore as a Leader in Innovation and Technology in S.E.A.

3rd

in the Global AI Index for AI investment, innovation and implementation1

2nd

in the International Property Rights Index 20222

2nd

in the 2021 Bloomberg Innovation Index1

1st

in Asia on the Global Innovation Index for 20243

1st

in Asia for IP protection according to the World Economic Forum’s Global Competitiveness Report4

>7%

of the global space sector share5

730

industrial robots for every 10,000 workers6

Innovation is a key driver of the Singapore economy. The country is rapidly moving towards a smart nation, harnessing digital smart technologies to create new jobs and business opportunities, transforming how people live, work and play7.

This involves an abundance of ICT initiatives to support digital transformation including, but not limited to, SMEs Go Digital, a programme to help SMES improve digital capabilities8; the TechSkills Accelerator to develop a skilled ICT workforce9; and the Open Innovation Platform, a virtual crowd-sourcing platform that matches real business challenges or digitalisation opportunities with problem solvers10.

Here, organisers can host MICE events that benefit from and contribute to Singapore’s legacy of innovation, creating a lasting positive impact.

Reinforcing Singapore’s commitment to innovation, the Research, Innovation and Enterprise (RIE) 2025 plan will see the government invest a total of $28 billion11 to support the development of a knowledge-based and innovation-driven economy and society. Together, these initiatives pave the way for increased adoption of deep tech and programmes like the National Artificial Intelligence Strategy, making the country a leading choice for related events in areas like AI, robotics, space and ICT.

Why Hold Innovation & Technology Events in Singapore?

Connect With Innovation Leaders 

80 out of the world’s top 100 tech firms have operations in the city-state, including Google, Facebook and Alibaba, as well as regional leaders like Garena, Grab and Razer12, many of which leverage Singapore’s infrastructure to reach global markets.

Google set up its first data centre in Singapore in 2011, which, by 2024, had expanded to four13, while Alibaba Cloud based itself in Singapore to reach the Southeast Asian market. Today, Visa uses its Singapore-based transaction processing centre to serve both its regional and global networks14, and LinkedIn has set up its first international data centre here to handle all its Asia Pacific traffic15.

Companies like Siemens, Hyundai Motor Group and ABB also have their key innovation centres in Singapore. These are just a few of many examples. As these industry leaders move their operations to Singapore, events held here gain access to thought leaders whom organisers can tap on as attendees and speakers. This is not only a strong draw for global attendees but also empowers events to advance knowledge exchange and collaboration.

Showcase the Fruits of Collaboration

The abundance of collaboration also offers opportunities to showcase the latest developments in tech and its impact across sectors.

Besides global players like IBM16 and Huawei17 working with local partners in manufacturing and finance respectively to trial new technology, home-grown innovators and entrepreneurs are also co-innovating with public and private sector counterparts. Notable examples include:

  • Addo.ai

    Builds end-to-end data-driven platforms for clients to use AI and machine learning to increase revenue and reduce costs.
  • ConnectedLife

    Worked with Intel to develop a smart home Internet of Things (IoT) sensor system. This includes using wearables to detect abnormalities and collect physiological information for analysis.
  • MeshMinds

    Worked with both the Singapore Tourism Board and local gallery Chan + Hori Contemporary to use AR to provide an immersive experience for the Atypical Singapore travelling exhibition.

Further advancements are anticipated with support from the country's world-class infrastructure for research and development. Key hubs like one-north, Fusionopolis and Mediapolis (for media innovation) provide organisers with direct access to some of the most innovative minds and cutting-edge content across industries.

Inspire a Growing Wave of Entrepreneurs

The tech startup community in Singapore is thriving, having doubled in the last decade to 4,500 startups18. Startup incubators like BLOCK71 and LaunchPad @one-north boost collaboration between these companies, while a network of accelerators and venture capitalists help businesses scale.

This means that organisers will find a keen audience for cutting-edge topics like cybersecurity and FinTech. They will also find a high demand for trade conferences that inspire change, promote exploration and risk-taking, and cultivate entrepreneurial drive.

Be Part of the Robotics Revolution 

Singapore’s size and ageing population have motivated the country to leverage AI to fill the gaps in areas like healthcare, manufacturing and services, starting with the first National AI Strategy in 2019. In 2023, the nation launched the Singapore National AI Strategy 2.0 to accelerate AI development and harness the technology for public good19.

Today, the country is pushing to become a leader in the use of AI and has the third highest adoption rates by companies in the region20. This has trickled down to a focus on robotics, which is supported by the LaunchPad Robotics Centre with a funding of over S$450 million between 2016 to 2019 to develop the National Robotics Programme21. In 2024, a further S$60 million will be invested in the programme to spur robot adoption in various sectors22.

Singapore is home to LionsBot’s state-of-the-art robot factory, Southeast Asia’s largest manufacturing and R&D facility dedicated to advanced cleaning robotics, placing the country at the global forefront of such technology23. In manufacturing, Panasonic Singapore and the Precision Bearings and Automation Group are turning to robots to improve capabilities18. In hospitality, robot butlers are in use at Hotel Jen24 and M Social25. The healthcare sector is using wearables for rehabilitation of stroke patients, and has developed the SwabBot™ to carry out an automated nasal swabbing procedure that is safe, faster and more comfortable compared with manual swab tests26.

Events held here can showcase these latest developments and case studies in AI and robotics to amplify their impact. With access to thought leaders, organisers can host events that not only foster meaningful connections but also drive discussions and advancements in tech and robotics.

Gain a Stake in the Growing Space Industry

Singapore’s expertise and rapid growth of the space industry offer event organisers a chance to be part of a growing global sector.

We are now home to space companies across the satellite value chain. Over 30 companies are based in Singapore, including a mix of established players like Singapore Space and Technology Association and Inmarsat, as well as promising startups like Addvalue Technologies, ST GeoInsights and Astroscale27.

The industry will continue to expand with the launch of project Cyclotron, a partnership between Singapore Space and Technology Limited and Cap Vista, the strategic investment arm of Defense Science and Technology Agency, enabling commercialisation of space tech startups.

Events hosted in Singapore can benefit from the country’s expertise in the rapidly growing space sector, leveraging the country’s burgeoning status as a global hub for space innovation to attract international audiences and leaders.

Get Inspired 

SWITCH

The Singapore Week of Innovation and Technology (SWITCH) convenes leaders, entrepreneurs, creators, accelerators and investors from the Global-Asia innovation ecosystem. With a robust line-up of innovation-centric and networking activities, SWITCH provides a global platform to catalyse meaningful collaboration between different fields and markets, including healthcare & biomedical sciences, smart cities & urban solutions, trade & connectivity, and emerging sustainable technologies. 

Read more >

Asia Tech x Singapore (ATxSG) 

Organised by the Infocomm Media Development Authority (IMDA) and Informa Tech, and supported by the Singapore Tourism Board (STB), ATxSG is Asia’s annual flagship tech event for challenging conversations at the intersection of technology, society and the digital economy. It comprises two main segments, ATxSummit and ATxEnterprise. The high-profile event gathers leaders across industry and government for a series of conferences and marketplaces, delving into critical topics that shape our collective digital future.

Read more >

Global Space and Technology Convention and Exhibition (GSTCE)

GSTCE explores how satellite communication and data can transform urban cities, and their applications in critical areas like security, maritime surveillance and IoT. 

Read more >

Tech Week Singapore

Started in 2013 as Cloud Expo Asia, Tech Week Singapore is an award-winning event that brings together seven impactful shows: Cloud Expo Asia, DevOps Live, Cyber Security World, Data Centre World, Big Data & AI World, eCommerce Expo and Technology for Marketing. Attendees can expect insightful keynotes from renowned speakers, cutting-edge solutions from leading brands and networking opportunities with leaders from across all technology verticals.

Read more >

Footnotes

https://www.tortoisemedia.com/intelligence/global-ai/

2 https://www.ipos.gov.sg/resources/singapore-ip-ranking

3 https://www.ipos.gov.sg/news/press-releases/ViewDetails/singapore-moves-up-two-notches-in-latest-global-innovation-index#:~:text=1%20Singapore%20moved%20up%20two,in%20the%20last%20two%20years

4 https://www.straitstimes.com/business/economy/singapore-is-worlds-most-competitive-economy-world-economic-forum

5 https://www.space.gov.sg/singapore-space-ecosystems/highlights/

6 https://ifr.org/ifr-press-releases/news/world-robotics-2023-report-asia-ahead-of-europe-and-the-americas

https://www.smartnation.gov.sg/about-smart-nation/transforming-singapore/

https://www.imda.gov.sg/how-we-can-help/smes-go-digital

https://www.imda.gov.sg/how-we-can-help/techskills-accelerator-tesa

10 https://www.imda.gov.sg/how-we-can-help/open-innovation-platform

11 https://www.mof.gov.sg/singaporebudget/budget-2024/budget-statement/c-pursuing-better-growth-and-jobs#Pursuing-Better-Growth-and-Jobs

12 https://www.todayonline.com/big-read/big-read-tech-titans-converge-singapore-can-it-truly-become-asias-silicon-valley

13 https://www.straitstimes.com/tech/tech-news/google-s-latest-data-centre-raises-its-investment-in-singapore-to-676-billion

14 https://www.visa.com.sg/about-visa/newsroom/press-releases/visa-expands-global-transaction-processing-with-facilities-in-singapore-and-united-kingdom.html

15 https://www.techinasia.com/linkedin-singapore-data-center

16 https://www.zdnet.com/article/ibm-pulls-in-singapore-industry-partners-to-trial-5g-use-cases-for-manufacturing/

17 https://www.imda.gov.sg/-/media/imda/files/about/media-releases/2017/annex-c---strategic-partners-programme.pdf

18 https://startupsg.gov.sg/

19 https://www.smartnation.gov.sg/nais/

20 https://www.cio.com/article/221994/how-singapore-is-using-artificial-intelligence.html

21 https://gpc-gr.com/resource/robotics-singaporeall-you-need-to-know-about-robotics-in-singapore/

22 https://www.mti.gov.sg/-/media/MTI/COS-2024/Press-Releases-and-Factsheets/NRP20Factsheet-for-COS-2024.pdf

23 https://www.prnewswire.com/news-releases/lionsbot-announces-grand-opening-of-southeast-asias-largest-cleaning-robots-factory-302120943.html

24 https://www.businesstraveller.com/business-travel/2017/11/18/hotel-jen-adds-relay-robots-asia/

25 https://www.straitstimes.com/business/companies-markets/m-social-singapore-bags-awards-with-help-from-robot

26 https://www.singhealth.com.sg/news/tomorrows-medicine/robot-that-conducts-swab-tests-for-covid-19-is-safe-faster-and-more-comfortable-for-patients

27 https://www.channelnewsasia.com/cnainsider/singapore-foray-space-race-budding-industry-satellite-boldly-go-759796