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2014 | 2013
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Initiatives in place to groom talent in precision engineering

WHILE semiconductor chips, drill bits for deep-sea exploration and sports cars might not seem to have a whole lot in common, they do. They would have all, at some point, passed through the hands of a precision engineer. Through craftsmen and technologists, as well as mechanical, electrical and materials engineers, precision engineering forms the bedrock of Singapore's manufacturing sector. The ...MORE

Oracle taps growth of the cloud

THE cloud is allowing companies achieve lower costs, improve quality of service and customer satisfaction, and achieve a faster time to market with new capabilities. This is changing the way they do business. In Singapore, 66 per cent of companies surveyed for a global cloud study last year indicated that one of the key benefits of the cloud is lower TCO (total cost of ownership).In view of this, ...MORE

Tech firm DeClout plans 2016 IPO for unit

LOCAL tech firm DeClout plans to spin off one of its units in an initial public offering (IPO) by the end of 2016. DeClout will list newly acquired Procurri Corporation, which is involved in IT asset recovery and maintenance services. It plans to grow Procurri Corporation before the planned listing to "internationalise" its footprint, developing it as a global depot for IT hardware and parts. It ...MORE

Local firms urged to partner Taiwan peers

COMPANIES here are being urged to form partnerships with their counterparts in Taiwan when venturing into emerging markets. Speakers at a Singapore Business Federation (SBF) conference held yesterday said Singapore's connections to the rest of Asean and Taiwan's links to mainland China would benefit companies on both sides. The conference, attended by about 150 delegates from Singapore and ...MORE

SanDisk Connect Wireless Media Drive

Many people carry around two or more mobile devices. This SanDisk drive provides a convenient way to share files between them and with other users. It fits easily in my palm and is able to stream digital content wirelessly to multiple mobile devices. No Internet connection is required as the drive generates its own Wi-Fi connection. It is one of two such recent SanDisk devices - the other is the ...MORE

Study: Public cloud market to reach US$191b by 2020

A NEW study by Forrester Research shows that the public cloud market will reach US$191 billion by 2020, up from US$58 billion in 2013. Cloud applications will lead this growth and will total US$133 billion in 2020. Cloud platforms will generate US$44 billion and cloud business services will reach US$14 billion. Forrester's VP and principal analyst, James Staten, notes that the cloud market is ...MORE

He dismantles viruses to develop the vaccines

IT IS Saturday in the Chong household. On the living room floor are Mr Chong Rong Hwa and his two-year-old, Hongtai. In front of them is a toy car in four separate pieces. I am teaching him to break his toys, and then put them back together. It's reverse engineering, says the 33-year-old staff malware researcher with global network security company FireEye. Clearly, Daddy's dream is for these ...MORE

IDA launches two innovation initiatives

[SINGAPORE] The Infocomm Development Authority of Singapore (IDA) yesterday launched two parallel programmes to boost innovation in Singapore. One is an accreditation programme for small but innovative startups and the other is the official inauguration of the IDA Labs initiative to foster interest in technology and collaboration among Singaporeans, especially young students. The ...MORE

Big Data start-up GNosis gets $589,000 funding

IN just five months, local Big Data start-up GNosis Analytics has secured $589,000 from venture capital firm Red Dot Ventures and the National Research Foundation (NRF) - its first round of funding since it launched in November.GNosis, a Singapore- based start-up with offices in Chicago and Kuala Lumpur, creates platforms for corporate and software developers to quickly build Big Data ...MORE

Mobile payments can be a business enabler

THE rapid rise in mobile technology usage and ubiquitous connectivity heralds the arrival of a mobile payments revolution. The world now stands on the cusp of a payments paradigm shift as businesses increasingly digitalise, turning to different forms of payments, including mobile payments, to reach today's digitally active consumer. This is especially the case in Singapore. With a mobile ...MORE

Cloud service provider plays developer card

CLOUD hosting services provider CenturyLink Technology Solutions is playing the developer card in a bid to increase market share. Formerly a hosting and colocation firm known as Savvis, it has changed its name to its parent's in January, having been acquired for US$2.5 billion by US telecoms firm CenturyLink in 2011.David Rosengrave, head of business development and product strategy for ...MORE

Local software start-up wins $8.4m in funding

Singapore start-up Nitrous.IO has just won a hefty US$6.65 million (S$8.4 million) Series A funding round. The company produces a software development platform that is intended to automate portions of programmers' jobs, in order to save them time and effort. It launched a public beta of its service last June, working off a US$1 million seed funding round which it won in August 2012. Bessemer ...MORE

Tech Mahindra looks to grow in Asia-Pacific

INDIAN IT firm Tech Mahindra, which beat market expectations in its recently announced third-quarter (ended Dec 31, 2013) results, is looking towards the Asia-Pacific region to accelerate growth. Speaking to BizIT, Tech Mahindra's Rohit Gandhi said the company's run rate for the current fiscal year was US$3 billion and it hoped to increase it to US$5 billion by fiscal 2015. Mr Gandhi, who is Tech ...MORE

STATS ChipPAC unveils cost-saving mfg process

SEMICONDUCTOR packaging and testing services company STATS ChipPAC yesterday unveiled a new manufacturing process which it hopes will reduce costs by 15 to 30 per cent for some of its customers.The new process, called FlexLine, delivers an unmatched level of flexibility and cost savings for wafer level packaging (WLP).WLP is a technique that involves packaging an integrated circuit (IC) while ...MORE

ST Engg posts $580.8m full-year profit

SINGAPORE Technologies Engineering chalked up a net profit of $580.83 million for the 12 months ended Dec 31, 2013, marginally higher than the $576.18 million earned in the previous financial year. Revenue inched up 4 per cent to $6.63 billion, lifted partly by stronger contributions from the marine business while revenues for the other sectors were mostly comparable to FY2012. The aerospace ...MORE
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