The nature of business success in the Infocomm industry is a shifting target. Spotting untapped opportunities in the market is no longer sufficient. In today's environment, strong partnerships with large, established industry players is the key that Infocomm local enterprises (iLEs) need in order to secure a foothold on the local, regional and global Infocomm landscape. Conversely, by partnering with smaller local Infocomm enterprises, established players can leverage the local knowledge and innovations to extend the adoption and pervasiveness of their technology platforms.
To meet this need, IDA introduced the Infocomm Local Industry Upgrading Programme (iLIUP). It promotes strategic, mutually beneficial partnerships between Singapore's iLEs and Infocomm multinational corporations (MNCs). iLIUP goes beyond simple matchmaking and focuses on forging a strong bond between the partnering enterprises and capitalising on the strengths of each party to bring about greater synergy and results.
In the spirit of win-win collaboration, iLIUP's underlying principle is the fostering of partnerships that result in enhancing local Infocomm capability and competitiveness, and translating this into increased market share and revenue for MNC partners. For each MNC partner, iLIUP supports a dedicated manager to develop partnerships with local Infocomm enterprises and ensure their success.
If you are a Singapore iLE:
- Receive priority access to MNC partners' cutting-edge technologies to gain technological edge.
- Gain access to technical expertise and specialised training from MNC partners to reduce your product development time and costs.
- Leverage joint sales calls with your MNC partners to boost the confidence of potential clients in your company's products and services.
- Tap on MNC partners' marketing and distribution networks to reduce your time-to-market.
If you are an MNC:
- Embed your technologies in Singapore Infocomm enterprises' innovative products and services.
- Leverage Singapore Infocomm enterprises' knowledge of local business environment and specific industry domains.
Since iLIUP's beginning, 40 MNCs and more than 500 Singapore iLEs have participated and benefited from the programme.
Please visit mypartners.ida.gov.sg for:
Alternatively, please email your queries to info@ida.gov.sg.