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Telco's partnership with International Enterprise aims to bring SME cloud solutions to Singapore as part of innovation exchange
June 8, 2010
SINGAPORE -- Singapore Telecommunications Limited (SingTel) and International Enterprise (IE) Singapore today announced the launch of a comprehensive market access partnership to allow local Small and Medium Enterprises (SMEs) with innovative cloud computing and mobile solutions to export their offerings to the region.
This is a part of the SingTel Innovation Exchange (SiX), a leading industry partnership programme launched in 2009 through a Memorandum of Understanding (MOU) between SingTel, Infocomm Development Authority (IDA) and IE Singapore. SiX aims to accelerate the full life-cycle development of innovative business and consumer applications from conceptualisation to regionalisation.
Companies participating in the market access partnership will form consortiums to meet potential partners in Australia, India, Indonesia, the Philippines, Thailand and other countries where SingTel has a presence. IE Singapore’s role in the partnership is to support the formation of consortiums through its International Partnerships (iPartners) Programme.
Mr Adrian Long, General Manager of V3 Teletech, a company that specialises in innovative telematics and location-based solutions, said: “Through this alliance, Singapore companies can band together to offer a full suite of complementary products and services and compete on a larger scale in overseas markets. The ability to leverage SingTel’s regional assets and insights gives us a tremendous competitive advantage. This partnership with SingTel, through SiX, is an important part of our growth and expansion strategy. It opens the doors to high potential markets, and also allows us to bring our solutions to market in a much shorter time.”
Singapore Telecommunications Ltd. (SingTel) (OTC: SGTJY)
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