SINGAPORE - Multinational giant GE is set to boost its presence in Singapore with a new Asia Digital Operations Centre.
The centre will be the first of its kind in Asia for GE to support the group's global IT services and operations.
It will also mark the start of GE's investment and commitment to develop digital industrial capabilities in Singapore, the New York-listed group said on Wednesday (April 12).
The new centre will provide 24/7 infrastructure, systems engineering and IT support for GE, and will house around 60 employees initially, although this number could grow three-fold over the next five years.
In addition, GE said it will partner SP Group to develop Industrial Internet of Things capabiltiies and intelligent applications to enhance power network reliability and efficiency in Singapore.
The group also signed a series of agreements with Spring Singapore and Platform E, Singapore Institute of Management's entrepreneurship centre, to build digital industrial capabilities in Singapore and the region.
"The Industrial Internet represents a multi-billion -dollar opportunity for the industry. We look forward to working with our partners in Singapore to build a digital ecosystem and support entrepreneurship in the country," said GE chairman and chief executive Jeff Immelt.
Singapore Economic Development Board chairman Beh Swan Gin noted that GE's investment in setting up its Asia Digital Operations Centre here is testament to Singapore's strong digital capabilities and IT infrastructure.
"The partnerships with Spring, Platform E and SP Group are also excellent developments thag will help the tech community in Singapore address the growing opportunities in the industrial IOT space within Asia. They will create interesting jobs and opportunities for Singaporeans," Dr Beh said.