• Home
  • |
  • News
  • |
  • Overseas mission: UK firms take ideas to ...

Overseas mission: UK firms take ideas to Malaysia and Singapore

DO YOU HAVE A SUCCESS STORY?

We’d like to hear from you.

Fri, 1 Apr. 2016
  • SOURCE

    Innovate UK
    21 March 2016

Ten UK firms with an expertise in connected cities visited South East Asia to pitch their ideas to businesses, investors and government.

Some of the most exciting British businesses developing technologies to improve the way we live and work in cities have been to Malaysia and Singapore on a Mission organised by Innovate UK and UK Trade and Investment (UKTI).

The businesses were able to showcase their technologies – ranging from smart street lighting to seamless ticketing, intelligent building management, mapping and security systems – and to speak to potential customers, investors and partners in South East Asia.

The 10 companies that took part in the Connected Cities Trade Mission between 14 and 18 March were:

South East Asia a global leader in smart cities

Dr Viraj Perera, chief executive of PlaTCOM Ventures, an organisation that supports the commercialisation of innovative ideas in Malaysia, talks about the role of innovation and commercialisation in the development of smart cities.

South East Asia is at the forefront of global work on connected cities and is potentially a huge market for UK firms.

A report by the Future Cities Catapult identified more than 32,000 UK companies providing innovative solutions for the connected cities market.Multipass UK Ltd discussing its business model during an investor panel discussion, British High Commission in Singapore

Niraj Saraf, lead technologist for urban living at Innovate UK, said:

These companies’ innovations are key to addressing the challenges that large cities face. These challenges include growing populations, increased demand for energy and the integration of technology into citizens’ everyday lives.

We believe these companies have huge growth potential and could become a vital part of the global connected cities industry in the near future.

Read More

Full Article:

View

Share this News Item: