Huawei, NUS Enterprise launch IoT-focused accelerator
By Digital News Asia November 17, 2016
- i5Lab focuses on IoT innovations in smart living, transportation and logistics
- The accelerator will provide mentorship, access to investors, access to industry-grade test beds
HUAWEI, in partnership with NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), launched its first Internet-of-Things (IoT)-focused accelerator, known as “i5Lab”, focusing on building IoT solutions that will enable a smarter future.
The accelerator, which is based in Singapore, aims to provide start-ups with mentorship, access to investors, access to industry-grade test beds, and global co-marketing opportunities to fast track their development into future partners of the company.
i5Lab hopes to support the development of Singapore’s next unicorn company by nurturing promising start-ups with Huawei’s real network environment and open platform as well as its global Go-to-Market channel capability.
Huawei Southern Pacific chief marketing officer Lim Chee Siong (pic, right) said: “With one of the most connected societies, open data sets and high-skilled ready talent, Singapore is an excellent test bed to nurture IoT ideas that will bring us closer to a smarter future. We hope that start-ups will make full use of this collaborative platform and leverage on accumulated knowledge of industry-leading technology and expertise from Huawei and our global partners.”
Focused on developing a viable IoT ecosystem for a smarter future, the i5Lab will follow the model of established Huawei collaborations with leading software and industry partners to develop solutions that will build a competitive industry ecosystem.
Start-ups will be able to verify their solutions in an actual network environment and leverage on Huawei’s in-house expertise in the development of their products and go-to-market strategy.
Start-ups will be able to scale up through Huawei’s global partnerships with leading enterprises in verticals and operators across all continents.
They will also be invited to participate in joint marketing through Huawei’s Customer Solution Innovation & Integration Experience Centre (CSIC), and events such as NUS Enterprise’s flagship event InnovFest unbound and CommunicAsia.
“In tandem with Singapore’s Smart Nation initiative, the i5Lab will provide the support, test-bed capabilities and networks to enable tech entrepreneurs to capitalise on new opportunities arising in the IoT space,” said Professor Wong Poh Kam, director, NUS Entrepreneurship Centre, which is part of NUS Enterprise.
“This is the perfect time to capitalise on the growing global IoT market space. Ultimately we are looking to build our future business partners from the ground up,” Chee Siong added.
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