SAP will invest another S$12 million in its Digital Innovation Accelerator in Singapore.
Launched in 2019, the programme is supported by Digital Industry Singapore (DISG). The additional investment will focus on developing practical applications of artificial intelligence (AI) in industry-specific scenarios, initially in advanced manufacturing, financial services, and travel and logistics services.
SAP has committed about S$300 million to developing business AI and other deep tech in Singapore since the introduction of the programme. This includes establishing Southeast Asia’s first SAP Labs in 2022, and Asia’s first innovation centre for experience management in 2023.
“Co-innovation initiatives like our Digital Innovation Accelerator are aimed at enabling SAP and our customers to rapidly scale digital transformation by tapping into our global expertise and ecosystems. Over the past five years, we’ve co-developed solutions with more than 80 Singapore enterprises, achieving tangible impact in their business processes and international growth,” said Eileen Chua, Managing Director of SAP Singapore.
“We are delighted to partner with SAP in the expansion of its Digital Innovation Accelerator, which will work with industry leaders to develop, prototype and scale AI solutions to advance their sustainability goals from Singapore,” said Philbert Gomez, Executive Director and Head of DISG.
Under the expanded SAP Digital Innovation Accelerator, industry leaders work with a dedicated team of SAP business architects, data experts and developers to develop unique AI use cases tailored for their unique business scenarios.
The Accelerator team is broadening its scope to incorporate sustainability initiatives, harnessing AI and SAP’s specialised solutions to foster positive climate action outcomes. It will target key areas such as enhanced environmental monitoring, improved sustainability reporting, and optimised supply chains.
Over the past five years, SAP has collaborated closely with the Singapore government under the SkillsFuture programme to support and upskill more than 1,000 mid-career professionals to teach practical and hands-on digital skills.
It has also invested in and launched eight free AI foundational courses and plans to introduce certification courses on Business AI later this year.
“These new, on-going, and upcoming initiatives are testament of SAP’s continuous commitment to build Singapore’s digital and technology capabilities across all sectors and levels of the economy, from shaping budding talents to transforming mature enterprises,” said Chua.
Photo: Edward Lim
Entelechy Asia 