Launch of Digital Transformation Exchange to Help Companies Innovate

Launch of Digital Transformation Exchange to Help Companies Innovate

26 April 2017, Singapore –
Large corporations and SMEs will soon have even greater access to innovative
technologies and networks from Singapore’s tech startup community.

The
Action Community for Entrepreneurship (ACE), a national-led private organisation
to help drive entrepreneurship in Singapore, has launched the Digital Transformation
Exchange (DTE) initiative, a series of events to help corporates and SMEs
connect and understand current digital platforms from startups who are at the forefront
of innovation and technology. The initiative was launched today by Guest-of- Honour,
Mr Teo Ser Luck, Minister of State, Ministry of Manpower & Mayor, North East
CDC.

Each
session will have a thematic sectorial focus, covering areas such as Cyber Security,
Data Analytics, and Education Technology. Startups will share about upcoming
trends, opportunities and challenges in their areas of expertise. The inaugural
session, held on 26 April 2017, focused on human resource (HR) technologies and
human capital solutions.

Mr
Phan Ching Chong, Executive Director of ACE, said, “This initiative will help
to facilitate knowledge mutually beneficial exchanges between startups and
larger companies. In today’s global and fast-paced marketplace, businesses will
need to continually leverage on upcoming trends and technologies to stay
competitive.

Through
this series, SMEs and corporations can learn from startups on how they can leverage
on the latest technologies and tools to stay competitive.”

Minister
Teo emphasised the need for businesses to build digital capabilities, “As we prepare
for the future, it is important to harness innovative solutions and make them pervasive
across all sectors. This will not only transform companies, but also strengthen
sectors such that more quality jobs can be created for our workers. The Digital
Transformation Exchange is a platform that can help businesses to do so, and I
am very pleased that ACE has launched this to help champion and support

innovation
among Singapore companies.”

The
six startups that presented were: EngageRocket, an employee engagement platform,
Talenox, a cloud-based HR management tool, Mimetic, an AI based virtual assistant
for scheduling meetings, Hackertrail, a pre-assessed candidate platform, SalaryBoard,
an online platform for salary review, and Hearti, a benefits and wellness platform
for employees.

Mr
Shaurav Sen, Managing Director (Asia Pacific) for the Institute of Personal Leadership,
also spoke about the future of digital innovation in the HR landscape.

Local
startups and businesses can look forward to future sessions organised by ACE and are encouraged to register their interest as participants at
www.ace.org.sg.