3 Oct 2016

TechInnovation 2016 Attracted more than 2,700 Participants Seeking Business Opportunities from over 300 Featured Technologies


The fifth edition featured the new Enterprise Europe Network segment and Platform Technologies panel on Smart Nations

SINGAPORE, 3 October 2016 - TechInnovation concluded its fifth edition, with over 2,700 participants in attendance, nearly a 30% increase from last year’s turnout. The event also saw 120 exhibitors showcasing more than 300 emerging and ready-to-market technologies. 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.

Organised by IPI, TechInnovation was also an anchor event of the inaugural Singapore Week of Innovation and TeCHnology (SWITCH). Guest-of-Honour, Deputy Prime Minister Teo Chee Hean, Coordinating Minister for National Security and Chairman of the National Research Foundation Singapore delivered the opening address.

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 brand 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 mutually 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.

Over 400 business meetings were initiated over two days, with international participants from countries such as Norway, Saudi Arabia, Japan, Korea and Thailand.

Over 70 International Speakers Presented over Two Days
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 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, Managing Director, Asia Pacific at Lux Research.

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About TechInnovation
TechInnovation is a premier industry-technology matching event that is organised by IPI Singapore. TechInnovation brings together international technology providers and enterprises to explore technology commercialisation and initiate business collaboration through open innovation. It is a leading conference and exhibition in Singapore that focuses on the matching of industry’s needs to enabling technologies in info-communications & electronics, manufacturing, materials & chemicals, health & personal care, medtech, energy and environment from global sources.
More information on TechInnovation can be found www.techinnovation.com.sg.

About IPI
IPI was established by the Singapore Ministry of Trade & Industry in April 2011, to catalyse and enable enterprises to grow their business through the use of technology and innovation. IPI promotes open innovation, and works with enterprises to source for technologies locally and from aboard. In addition, it facilitates partnerships to bring new and innovative products and services to the market. As a recent member of the Enterprise Europe Network (EEN), IPI is well-positioned and committed to assist Singapore enterprises in discovering new business and innovation opportunities as well as expand their reach through its EEN partners.
For more information about IPI, please visit www.ipi-singapore.org.

Media Contacts
Selena Sheikh
Director, PINPOINT Public Relations
Mobile: +65 9746 8519
[email protected]

Charlene Boh
Senior Manager, Marketing & Communications
DID: +65 6653 4913, Mobile: +65 9767 7792
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