SingTel to tap talents in Israel

It will be part of its $161m corporate venture fund.

As part of its new technology investment, Singtel has opened a development centre in Israel on Sunday through an agreement with Amdocs, a software provider for communications and media company.

Singtel stressed that its initial focus include voice and facial recognition, and mobile and Wi-Fi networks integrating technologies.

"More and more mobile customers are using mobile devices for more than just communications," said Allen Lew, chief executive of SingTel's digital life group.

"In our business it's not enough to be up to date, we have to be up to tomorrow."

Lew also added that this Israel-based project will be taken from its corporate venture fund of $161m.

This new technology investment followed the company’s previous ventures in Singapore and Boston which also saw similar development centres.

Singtel also plans to fund academic research and Israeli start-up companies to create more technological advancements. It also plans to work with incubators to discover more sophisticated technologies.

Also Read

Singapore emerges as world’s 2nd most expensive data centre market

SIAS urges NeraTel shareholders to reject Ennoconn Corp's mandatory offer

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit