Saturday, October 25, 2014

SingTel to invest $500m in cyber security, smart cities and data analytics: Asiaone.com

24 Oct 2014. Singtel will invest $500 million over the next five years and hire 1,000 engineers as part of a three-pronged strategy to build strengths in cyber security, smart cities and analytics.

Chief executive Chua Sock Koong told The Straits Times that the telco will set up an Asia-Pacific Cyber Security Competency Centre (ACE) and incubation labs.

These facilities will experiment with fresh ideas that can then be commercialised here and in markets where Singapore has a footprint such as in Australia, India and some African countries.

SingTel is undertaking this move in a first-of-its-kind collaboration with the Economic Development Board (EDB) to secure relationships with local and foreign organisations relevant to its strategy.


Said Ms Chua: "We'll also have a cyber range lab for security resilience testing. We'll work on realistic threat simulation with customers to enable competency building."

For more details, please visit this URL.

Source: Asiaone.com

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