A corporate lab has been launched by CISCO and the National University of Singapore to boost research in 5 significant fields, amongst which are artificial intelligence, healthcare and cybersecurity. Fifty-four million SG has been pledged over five years. It is located at the Kent Ridge campus, and the NRF supports it. It will be employing 100 analysts, researchers, engineers and students to work on multiple research projects. Doctoral students who are also involved in these projects will also receive a scholarship.
Last year’s budget was dedicated to “emergency support” because of the global pandemic. Still, now the government will be focussing on helping local businesses innovate and build the required capacities for further transformation. To that end, the Singapore government will also be spending a whopping 24 billion SG.
They aim to deliver several new services and products and 12 “improved” services in healthcare, AI, supply chain, etc. It will also be partnering with 100 companies that are also based in Singapore.
The lab’s research would also include urban infrastructure, productivity and future workforce. They will also explore the function of machine learning to scale up customer service for large enterprises, identify skill sets that will be needed in the future, develop better infrastructure in hospitals, etc. It would allow a digital transformation of businesses and governments and improve citizen services, which is especially critical as companies look towards a post-pandemic future, where these infrastructures will probably be necessary and commonplace.
AI algorithms can improve search and extraction and knowledge learning. In hospitals, researchers want to improve efficiency. Improved cybersecurity would help businesses and governments protect vital information against cyber-attacks, according to Jeremy Lim, the manager of CISCO’s innovation centre and Biplab Sidecar- a faculty member of NUS’s Electrical and Computer engineering dept.