SingTel opens tech development center in Israel

Summary:Telco partners Amdoc to launch the facility which will invest in local startups, as well as focus on new technologies such as voice and facial recognition, and more efficient networks.

Southeast Asia's largest telco SingTel has partnered software provider Amdocs to open a development center in Israel as part of its investment in research and new technology.

In a statement Sunday, SingTel said it will focus on reaching out to the local community of entrepreneurs to develop capabilities in key areas as well as conduct proof of concepts, and eventually help them commercialize them.

mobiledollarthumb
SingTel opens development center in Israel to invest in new technology.

Allen Lew, CEO of group digital life at SingTel, said the company has been extremely satisfied with the wealth of talent in Israel, after investing in two Israeli startups last year and acquiring mobile advertising company Amobee which has a technology center there.
 
"This has propelled us to open this new development center to scout for new growth engines for SingTel," said Lew.

The CEO said it will invest in local start-ups, fund academic and research institutes and work with incubators and angel investors to uncover interesting technologies.

SingTel's initial focus will be on voice and facial recognition as well as technologies that enable mobile and Wi-Fi networks to work more efficiently and seamlessly.

The center is the third such facility by SingTel, which calls them LifeLabs, joining the other two in Singapore and Boston.

The news comes half a year after the telco highlighted Israel as an important part of its "golden plans" for the digital space, and where it would be making strategic acquisitions and partnering with companies.

 

Topics: Start-Ups, Emerging Tech, Networking, SingTel

About

Loves caption contests, leisurely strolls along supermarket aisles and watching How It's Made. Ryan has covered finance, politics, tech and sports for TV, radio and print. He is also co-author of best seller "Profit from the Panic". Ryan is an editor at ZDNet's Asia/Singapore office.

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.