Global imaging and printing giant Konica Minolta has chosen Singapore for its first business innovation centre (BIC), which was launched on Monday.
The BIC will come up with new ideas, business and technology for its information and communications technology (ICT) services business in the Asia-Pacific region, the company said.
Japan-based Konica Minolta has located the BIC in its regional headquarters at Mapletree Business City in Pasir Panjang Road.
The centre in Singapore is the first of five BICs the company plans to establish in each of its key regional markets. It believes each BIC would be able to focus on the needs of specific markets.
The Asia-Pacific BIC employs an initial team of 10 and will work with customers and partners to develop new services for the region.
It is discussing collaboration opportunities with the Institute for Infocomm Research, a member of the Agency for Science, Technology and Research (A*Star) family.
The Asia-Pacific BIC will initially focus on cloud-based services to “deliver the economies of scale, savings and agility to customers”, said Ms Rachel Goh, director of the Asia-Pacific BIC.
Cloud-based services involve using ICT to deliver real-time solutions to customers.
Mr Yuji Ichimura, general manager of ICT service business operations at Konica Minolta, praised Singapore as “an attractive hub for Asia-Pacific regional innovation activities”.
Konica Minolta has been in Singapore for more than 30 years.
Mr Terence Gan, director of electronics at the Economic Development Board, hailed the move as an example “of how global companies… find value in our ICT capabilities” and “develop cloudbased solutions that can be scaled and exported globally”.
The listed company has sites in more than 40 countries, including Russia and the United States.