Innov8 says this year’s Connect program will focus on smart IoT solutions in areas of public infrastructure, transportation, utilities, security, connected homes and personal wellness.
Singtel has been testing applications in environmental sensing, asset tracking and waste management to develop solutions for IoT, a critical lever that enterprises can use to digitally transform their businesses.
“IoT is radically transforming the way enterprises operate, and consumers live and play,” said Edgar Hardless, chief executive of Singtel Innov8.
“As Singapore accelerates its drive towards becoming a smart nation, it is imperative that businesses embrace IoT to stay relevant in today’s digital economy.”
Since its launch in 2016, Innov8 says Connect has helped start-ups validate their solutions with the Singtel Group, and among the program’s notable alumni are Moogsoft, a leading provider of artificial intelligence solutions for IT operations, and Xjera Labs, an AI-based image and video analytics company.
“The Innov8 Connect program is a great platform for exposing technology start-ups like ours,” said Jeremy Heng, co-founder of Xjera Labs. “It gave us the ability to compete with the big guys and the opportunity to showcase our products and solutions.”
The Innov8 Connect program is open for submissions until 5 August, and interested start-ups can submit their proposals for the six new IoT business areas identified by Singtel.
Project briefs and other details are now available on the Innov8 Connect portal. And shortlisted start-ups will be invited to pitch their business cases to a panel of Singtel Group management executives.
Those selected will receive up to S$75,000 to test and develop their solutions with the Group, with six start-ups to be chosen to provide a solution for each of the six business areas. Singtel will also help them explore commercialisation opportunities across the Group.