Stefanini announces long-term commitment to Singapore

Stefanini, a global supplier of technology solutions, has opened its first office in Singapore together with a Research & Development Centre. The IT outsourcing services, application services and strategic staffing company expects to extend the Singapore office into a hub for Asia in the long term. Within Asia, the group already has a presence in China, India, Malaysia, Philippines and Thailand.

"Singapore has become a proponent of technology and has invested heavily to build capabilities in analytics. Our research centre in Singapore, will operate in partnership with Datastorm, a company within the Stefanini Group specialised in big data and analytics, as well as other local research institutes in Singapore. We will work with partners such as the Agency for Science, Technology and Research (A*STAR) and Singapore Management University (SMU) on targeted training programmes and research collaborations. Our idea is to combine the expertise of Datastorm with Singapore research institutes to improve Stefanini's analytics offerings," said Marco Stefanini, Global CEO, Stefanini Group.

Marco Stefanini also concluded a memorandum of understanding (MOU) with A*STAR to collaborate and co-develop analytics and 'Internet of Things' solutions for areas such as manufacturing, telecommunications, retail, health, life sciences, banking, insurance and financial services.

"We warmly welcome Stefanini's decision to establish its office and R&D centre in Singapore, which is the first of its kind by a Latin American company. This is a testament to to Singapore's role as a digital capital of Asia, where companies can work with partners to develop new solutions for the global market," said Yeoh Keat Chuan, Managing Director, Singapore EDB.

The Singapore R&D Centre comprises of a local team of technology researchers and scientists who will work in synergy with Stefanini's Research & Development Centres around the world.

The new setup re-affirms Stefanini's ability to operate internationally in addition to integrate new expansion projects to the group. "Singapore has a highly industrialised economy with modern port installations and a large presence of foreign multinationals. The country is investing in leading technology development and due to this reason we believe it has full conditions to lead the innovation process globally," said Stefanini.