SINGAPORE, December 2017– Keysight Technologies, Inc. (Stock Quote: KEYS) and the Singapore University of Technology and Design (SUTD) signed a Memorandum of Understanding (MOU) for research collaboration and opened the new Measurement Technologies Laboratory. Keysight donated S$8 million worth of cutting-edge equipment to the lab, coupled with another S$2 million in research grants to accelerate research and development (R&D) in the domains of advance manufacturing, data analytics and IoT security.
Guest-of-Honour, Mr S. Iswaran, Singapore’s Minister for Trade and Industry (Industry) witnessed the MOU signing between Mr Gooi Soon Chai, President of Keysight’s Electronic Industrial Solutions Group and Senior Vice president, Keysight Technologies Inc., and Professor Thomas Magnanti, SUTD President, at a ceremony held in SUTD.
Minister Iswaran also officially opened the new Measurement Technologies Laboratory, which is equipped with Keysight’s latest solutions and technologies.
Speech by Mr S. Iswaran, Minister for Trade and Industry (Industry)
Mr Gooi said: “Today’s convergence of technology domains and the explosion of electronic content everywhere is driving the entire industrial eco-system into a whole new dimension. Organisations are facing tremendous pressure to keep up with the accelerating pace and complexity of today’s advancements. Keysight, as the world’s leader in electronic measurement, is collaborating with SUTD, with its multi-disciplinary research talents, to reimagine innovation that will help the world’s organisations today face these challenges and deliver their products and services, faster, better and safer.”
At the Lab, researchers will leverage Keysight’s latest state-of-the-art equipment and software solutions, and tap on the company’s global technology and industry expertise as they work on three major areas – security, Big Data analytics and Internet of Things (IoT) for Smart Factories of tomorrow (also known as Industry 4.0).
These projects will translate into better quality products, smarter utilisation of resources, improved efficiency, productivity and security.
The setting up of the Lab in Singapore is strategic to Keysight to tap on explosive growth in the Asia region. 5G, for instance, will be key technology driver in their future business development as the company believes that the full implement of the technology will realized by the year 2020.
Also published on Medium.