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SPRING, Intel join hands to help SMEs develop wearable tech

SINGAPORE — Small and medium-sized enterprises (SMEs) in Singapore will be able to get support in developing products and services in the Internet of Things (IoT) and wearable technology segments, under a new government-led initiative. Enterprise development agency SPRING Singapore will work with United States semiconductor giant Intel to provide these SMEs with business and technology guidance, the two entities said in a joint news release yesterday.

SINGAPORE — Small and medium-sized enterprises (SMEs) in Singapore will be able to get support in developing products and services in the Internet of Things (IoT) and wearable technology segments, under a new government-led initiative. Enterprise development agency SPRING Singapore will work with United States semiconductor giant Intel to provide these SMEs with business and technology guidance, the two entities said in a joint news release yesterday.

“The goal of this initiative is to establish an ecosystem of Singapore companies capable of developing world-class IoT and wearable products and services based on Intel technology,” they said.

The initiative is being managed under SPRING’s Partnerships for Capability Transformation (PACT) programme, of which Intel is a supporting member. Local start-ups and tech innovators that are part of the initiative include T-Ware, ConnectedHealth, Newton Circus, gridComm, Trilogy Technologies, Nextan, RFCOM Technologies and Design Exchange.

These firms have strong industry expertise in healthcare wearables, IoT solutions for remote patient/elderly monitoring, home energy management systems as well as expertise in wireless technology, manufacturing and user-experience design. Jointly, the PACT members will identify projects and business opportunities in healthcare, home energy management and assisted living, while the Centre of Innovation for Electronics at Nanyang Polytechnic will provide consultation and engineering support.

Research firm Gartner has predicted that smart clothing has the biggest potential for growth globally among the different wearable technology types, moving from zero sales last year to 26 million items next year. The first smart clothes evolved through medically based projects that featured sensors integrated into shirts and hats to monitor conditions such as epilepsy.

Now, clothing brands are waking up to their potential, developing smart bras and intelligent jackets to monitor health and fitness, using built-in electrodes that pass data to a smartphone or other device. AGENCIES

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