AvePoint, the New Jersey-based SaaS and data management platform provider, has unveiled its newly established SG$100 million international R&D Hub in Singapore.
The facility will act as a major hub within the company’s worldwide R&D network and foster local talent to support the growing global demand for B2B SaaS solutions.
Through its new investment supported by EDBI — the investment arm of Singapore’s Economic
Development Board — and Digital Industry Singapore (DISG), AvePoint will also advance its IT and digital infrastructure as well as global trade connectivity to continue its international expansion.
Tianyi Jiang, co-founder and CEO of AvePoint, said they have worked closely with the Singapore government, education and enterprise organisations to advance their digital transformation efforts over the last 13 years.
“Establishing our international R&D Hub and Asia headquarters in Singapore reflects both the historical success we’ve had with valued partners, including Microsoft, as well as the promise we see in this country and the broader Asia-Pacific region,” said Jiang. “It is a critical step in advancing our key growth vector to continue our international expansion.”
The R&D Hub investment will see AvePoint hire and train over 500 digital professionals by 2026, nearly tripling its existing team of product and technology professionals in roles such as business analysts, data scientists, software architects and Microsoft-certified engineers in Singapore.
The company will provide robust professional development opportunities, empower local leadership, and invest in collaborative recruitment with local education institutions.
With the growth of the R&D community in Singapore, AvePoint intends to continue product innovation to address modern digital challenges including hybrid work collaboration, security, responsible use of artificial intelligence, blended learning, and well-being.
Over the last decade, AvePoint has delivered multiple innovative solutions including a SaaS Shared Training Management System for six institutes of higher learning in Singapore.
The R&D Hub will ensure continued innovation in the education tech domain, to empower future generations and create access to quality education for our digital future.
“AvePoint’s R&D and product capabilities will contribute to meeting global demand for B2B SaaS solutions from Singapore,” said Chan Ih Ming, SVP of DISG.
In addition to anchoring the development of new products and solutions for Singapore and the global market, AvePoint’s new location will strengthen global cloud resilience for customers, support data sovereignty, strengthen multi-cloud security, and ensure regional businesses are supported at the local level.
As more organisations in APAC digitise and require SaaS solutions, AvePoint sees a critical need to expand its presence in the region and support growing customer demand.