Oracle to launch first startup cloud accelerator in India

India: Oracle said its first startup cloud accelerator will launch in India, as part of a strategy to expand its base in the country and support the Prime Minister’s Digital India initiatives.

Eaton to set up innovation centre in Pune, India

India: Power management company Eaton plans to set up a global innovation centre in Pune that will focus on enhancing its organisational capabilities to cater to domestic as well as international markets.

Standard Chartered opens Innovation Lab in Singapore

Singapore: The new lab builds upon Standard Chartered’s Silicon Valley tech hub, SC Studios, which monitors technology trends and works to connect the bank’s business units with fintech startups, entrepreneurs and universities.

Cisco to set up IoE innovation centre in Vizag, India

India: Networking giant Cisco announced that it would set up an Internet of Everything (IoE) innovation centre in Vizag and would also sponsor and collaborate on a 12-month research programme with Andhra University.

Informatica expands India innovation centre

India: Independent software provider Informatica on Monday announced the expansion of its India Centre of Innovation, aimed at focusing on the country as a promising market with plans to invest millions more in the next four years.

Singapore Power in tie-up for accelerator programme in energy sector

Singapore: SINGAPORE has established what is believed to be Asia’s first utility-led accelerator programme.
Singapore Power (SP) and Infocomm Investments Pte Ltd (IIPL) on Thursday introduced Spark Accelerator Pte Ltd, a joint venture to discover and accelerate startups in the energy sector.

Ramco Systems opens an aviation MRO IT lab in Singapore

Singapore: Supported by the Singapore Economic Development Board (EDB), the lab combines engineering and research talent from Ramco with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) as Ramco’s first co-innovator partner.

Lowe’s opens innovation lab in Bengaluru

India: The $56-billion home improvement company Lowe’s has opened Lowe’s Innovation Labs (LIL) in Bengaluru, its third one globally.

OCBC enters fintech arena with Open Vault

Singapore: The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank’s database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.

Dell launches region’s first Internet of Things lab in Singapore

Singapore: The lab will focus on enabling intelligent devices, speeding up the connection of legacy IT systems to cloud computing-based ones, and analysing big data for usable information.

Google Launches Equity-Free Accelerator Program For Mobile Startups In India, Brazil & Indonesia

India: Google has launched an accelerator program by the name Launchpad Accelerator to provide mentorship, training and support to mobile startups in India, Brazil and Indonesia.

Aviva launches Digital Garage in Singapore

Singapore: Aviva has launched a ‘Digital Garage’ in Singapore. This is a four story space on Armenian Street where technical specialists, creative designers and business leaders can collaborate and test new insurance ideas and services.