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Cisco and NUS launch Corporate Laboratory to boost local digital economy

Cisco and NUS launch Corporate Laboratory to boost local digital economy

Established with an investment of S$54 million over five years, the Cisco-NUS laboratory is supported by National Research Foundation, Singapore.

By iTnews Asia Team on Nov 10, 2021 7:07PM

Cisco and National University of Singapore (NUS) have launched the Cisco-NUS Accelerated Digital Economy Corporate Laboratory to boost innovation and research in key technology areas in relation to successful digital transformation of businesses.

Based in the NUS Kent Ridge campus, the Corporate Lab will bring together talent from NUS and Cisco to focus on five strategic research areas, with the aim to boost Singapore’s knowledge-based innovation-driven digital economy. The focus areas are:

  • Artificial Intelligence: Exploring usage of technologies like machine learning to transform and scale customer service operations of large businesses
  • Healthcare: Developing an enabling network and intelligent infrastructure for healthcare in hospitals and at home
  • Cyber security: Strengthening Critical Information Infrastructure through research into advanced, network-centric cyber threat detection
  • Urban Infrastructure: Developing architectures and solutions to support design and operation of urban infrastructure and smart industries
  • Future Workforce and Productivity: Driving productivity by understanding who needs to learn, how they learn, and how to generate skills and competencies needed for a future-ready workforce

Naveen Menon, President for ASEAN at Cisco, said, “Over the past 18 months, we have seen the role technology has played in keeping the world running as we grappled with the pandemic. As we prepare for a post-pandemic future, one thing is clear - technology will be central to every aspect of businesses and governments, and their interaction with consumers and citizens. In this digital-first era, building local innovation capabilities that deliver globally relevant solutions will be critical to the success of countries.”

As companies and countries prepare for a post-pandemic future where digital-first interactions, a hybrid workforce, and smart urban infrastructure are likely to become more ubiquitous, and cyber security and the ability of businesses and governments to keep critical information infrastructure safe from malicious actors is now a priority.

“The Cisco-NUS Corporate Lab will develop critical digital capabilities across multiple domains including healthcare, cyber security, urban infrastructure, which are strategic and important areas of research to ensure Singapore continues to maintain our competitiveness as a global Smart Nation,” said Professor Low Teck Seng, Chief Executive Officer of NRF.

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