TechInnovation 2016 sees near 30% higher turnout, 400 business meetings

Source: IPI. Techinnovation Guest-of-Honour, Deputy Prime Minister Teo Chee Hean, Coordinating Minister for National Security and Chairman of the National Research Foundation Singapore, takes a picture on the showfloor.

TechInnovation has concluded its fifth edition, hosting over 2,700 participants, almost 30% higher than last year’s turnout. The event also saw 120 exhibitors showcasing more than 300 emerging and ready-to-market technologies.

Organised by IPI, TechInnovation was also an anchor event of the inaugural Singapore Week of Innovation and TeCHnology (SWITCH). The annual two-day technology marketplace is Singapore’s premier technology brokerage event that brings together international and local technology providers and seekers to explore technology and business collaboration opportunities through open innovation. Over 400 business meetings were initiated over two days, with international participants from countries such as Norway, KSA, Japan, Korea and Thailand.

This year’s event, themed Discover, Connect & Collaborate, had its unique crowdsourcing segment, crowdpitching sessions and conference tracks on additive manufacturing and Internet-of-Things (IoT) security. TechInnovation also introduced a new segment on Europe-Singapore partnership opportunities, giving local enterprises the opportunity to expand their reach and connect to the Enterprise Europe Network (EEN) partners from the Czech Republic, France, Germany, Hungary and Spain.

“We saw a strong attendance by delegates and exhibitors who came together to share innovation practices and emerging technologies at TechInnovation this year. SMEs accounted for over 70% of the delegate count. We are especially pleased with the number of technology providers who turned up seeking partnerships and collaborations with the SMEs. Commercialising these technologies will prove mututally beneficial for both sides. The success of this year’s event emphasises IPI’s commitment to its business-technology matching practices,” said Professor Lam Khin Yong, Executive Director of IPI.

Having addressed a full house at TechInnovation’s crowdsourcing segment, Wong Wai Meng, CEO of Keppel Data Centres shared, “The excitement and energy can be felt throughout the event and it’s really heartening to see that our enterprises and people are taking innovation seriously.”

“We had a great panel session on Internet of Things (IoT) security where I shared some examples from Lux Research about our upcoming projects and new taxonomies for innovators in this space. The audience was receptive and we all shared a common goal; finding new applications specifically for IoT and the corresponding security challenges we face. With Singapore’s focus on Smart Nation technology, the security aspect is especially critical,” said Cort Isernhagen, MD, Asia Pacific at Lux Research.

Interested?

Read the TechTrade Asia blog post on stories from the TechInnovation showfloor

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