Open innovation challenges helping local firms develop creative solutions

SMEs and start-ups have jointly developed solutions with corporates and government agencies via open innovation calls.
SMEs and start-ups have jointly developed solutions with corporates and government agencies via open innovation calls.PHOTO: ST FILE

SINGAPORE - An initiative that encourages firms and government agencies to join forces to develop innovative solutions to specific problems and market needs is already reaping benefits for local companies.

One of these is artificial intelligence solutions firm ProSpace, which worked with electronics giant Aztech Technologies on its analytics platform ThermalSense.

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