Participating start-ups may win equity-free funding of
US$50,000.
Consulting, technology, and outsourcing services provider
Capgemini has launched its newest Applied Innovation Exchange (AIE) in
Singapore, which aims to boost the country’s position as a regional innovation
hub.
The AIE is a global platform that seeks to enable
enterprises to discover industry-relevant innovations and serves as a gateway
between multinational clients and the global ecosystem. The AIE framework helps
organisations foster a structured approach to drive the innovation process
across four phases—Discover, Devise, Deploy, and Sustain.
Through the AIE, organisations are provided access to
Capgemini’s unique network of start-ups, accelerators, incubators, strategic
technology and business partners to enable them to proactively plan for and
respond to various technology and business shifts.
“Businesses are now focused on how to embrace and apply
innovation with speed and scale in a secure and sustainable way, requiring a
new way of thinking to drive corporate innovation,” said Lanny Cohen, Global
Chief Technology Officer and member of the Group Executive Committee at
Capgemini. Cohen added that they decided to put up an AIE in Singapore owing to
its vibrant start-up scene and growing role as a FinTech hub.
Capgemini is working closely with the Singapore Economic
Development Board (EDB) for various initiatives aimed at providing training and
employment for local talent. Capgemini offers a 12-month graduate program for
professionals in the technology sector. It has hired 35 graduates in the
country over the past six months, and plans to hire 50 more to further boost
talent development.
Capgemini has also launched the 50th edition of its annual
Innovators Race, which provides start-ups with an international platform to
showcase products, services, and innovative uses of technology. Five winners
will win equity-free funding of US$50,000, as well as the opportunity to become
a Capgemini partner.
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