n a business landscape in which technology is increasingly vital , Singapore is going from strength to strength by investing in innovative solutions and being digitally competitive . The nation ranked first in the World Trademark Review IP Office Innovation Ranking and second in the 2021 Bloomberg Innovation Index , demonstrating its success in pushing the technology envelope . Approximately 80 of the top 100 technology firms , including Google , Amazon and Microsoft , have built regional bases in the country .
Asia ’ s growing mobile-first economies provide entrepreneurs with the ideal setting to testbed new technologies , and Singapore is playing a leading role in facilitating this development in the region and beyond .
This thriving tech scene means businesses are flocking to Singapore , bringing with them a range of corporate events . The tech scene also provides a stable platform for organisers to market specialist conferences to , within sectors like healthcare .
Healthcare tech
Comprising over 220 MedTech start-ups and SMEs , and 60 multinational companies , Singapore has invested millions into its healthcare technology sector since 2020 .
Much of the research infrastructure is concentrated around Biopolis , which anchors the entire R & D life sciences value chain in Singapore . Currently , Biopolis houses facilities for such
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“ The nation ranked first in the World Trademark Review IP Office Innovation Ranking ... demonstrating its success in pushing the technology envelope .” |
blue-chip companies as GSK , MSD and Roche
Similarly to its tech sector attracting global businesses , the healthcare research and development industry in Singapore is not just for local players . In 2021 , BioNTech , co-developer of the Covid-19 vaccine with Pfizer , announced that it will build a new regional headquarter for Southeast Asia in Singapore . Medtronic also launched its Medtronic Open Innovation Platform ( OIP ) and Medtronic APAC Innovation Challenge ( MAIC ) in Singapore in 2021 .
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How this impacts events
With such a thriving technology scene , the events sector benefits in a number of ways . Not only are there more robust industries ( including healthcare ) to market events to in Singapore , venues themselves are benefitting from the innovative nature of the nation .
Marina Bay Sands has adopted a new events platform , Virtual Meeting Place , a fully customisable platform that allows event organisers to scratch-build their virtual venue set to replicate their real-life event space . The platform was launched late in 2021 and has been utilised at numerous events , including during Singapore ’ s first hybrid travel tradeshow , TravelRevive .
Investing in tech is vital for businesses across the globe , as it not only aids in the development of new technologies , but also uplifts existing sectors , like events , to become more innovative and groundbreaking . CN
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