NCS, a part of the Singtel group, has launched the NEXT Shenzhen Innovation Centre (SIC) in China to drive innovation and talent development aimed at helping enterprise clients accelerate their digital transformation efforts.
The SIC will bolster NCS’ growth strategy as it expands its presence in the Greater China market to provide regional clients direct access to leading-edge technologies and expertise.
Located at Tian’an Cloud Park in Shenzhen, NCS’ first innovation centre in China will specialise in developing 5G-enabled IoT applications, digital twin and blockchain solutions for industries such as financial services, telecommunications and real estate.
The SIC houses a demonstration area, design thinking studio and digital factory in a 1,400-square-metre space, where clients can work closely with NCS’ team of resident experts to jointly develop digital projects to improve business performance and unlock new growth opportunities.
The centre will serve as a hub to fuel the growth of a cross-border innovation ecosystem for NCS’ clients, partners and tech start-ups.
NCS CEO Ng Kuo Pin said the SIC forms part of NCS NEXT Innovation Triangle, through which their clients can tap NCS’ innovation capabilities in Singapore, Melbourne and Shenzhen to get access to best-of-breed technologies, digital capabilities and deep-tech talent across the region.
“The establishment of SIC also provides a growth platform for Singaporeans to gain wider exposure to the innovation landscape in China, providing opportunities for ICT students and professionals to collaborate on innovative projects in Shenzhen,” said Ng.
NCS will be collaborating with ecosystem partners and clients in Singapore and China to drive initiatives with a focus on digital innovation. DBS, one of the SIC’s anchor tenants, plans to leverage the innovation centre to testbed innovations using emerging technologies such as 5G, IoT and blockchain to enable greater cross-border collaboration, increased trade flows and better workforce engagement.
“DBS is uniquely positioned to avail our deep digital and financial capabilities as well as regional insights to support companies on both sides of the border to grow their business as trade activity between Singapore and Shenzhen ramps up,” said Jimmy Ng, Group CIO of DBS. “This partnership will also enable us to access technology resources to complement our twin technology hubs in Singapore and Hyderabad.”