Innovation Insights

Innovation spearheading Singapore’s food sector As a proud nation of foodies, Singapore has also invested heavily into its food innovation sector, welcoming global MNCs, supporting local SMEs and pioneering future developments. Different as they may be, both pre-wrapped frozen chocolate cakes and oven-fresh bakes are delicious essential products in a growing food sector. With revenue expected to reach almost S$339...

Innovating towards independence Embracing open innovation has helped SenzeHub to develop useful and commercialisable solutions in the form of healthcare wearables. Like most developed countries around the world, the citizens of Singapore can expect to enjoy a high life expectancy. These added years, however, are also driving a dramatic demographic shift. In 2020, 15% of the population was aged 65...

Fancy eating insects for lunch? Though many people will understandably be sceptical and quite hesitant to eat such food products, the team at SPACE10 succeeded in crafting an alternative to traditional meatballs that is not only delicious but far more environmentally friendly. I described how during my talk at TechInnovation 2021 organised by IPI, where I presented a session on...

Harnessing open innovation for growth in healthcare With over 30 years of experience in Asia’s healthcare sector, IPI Innovation Advisor Ramachandran Rajamanickam is passionate about helping local SMEs navigate the industry. Spanning nutrition and supplements to pharmaceuticals and medical technology, Singapore’s healthcare sector is teeming with innovation and entrepreneurship and as a result, consumers are always eagerly awaiting the next...

The transformative power of AI in healthcare With the ability to monitor early symptoms, aid research and automate care, artificial intelligence is poised to transform the global healthcare sector. As governments and hospitals around the world tackle the pandemic with new technologies and intensive research, increased access to healthcare and heavier investment in research and innovation are key to advancing the...

Why together is better for innovation At TechInnovation 2021, enterprises went digital in search of innovative solutions and valuable partnerships globally. While trade secrets and confidential recipes remain a part of commercial success, in recent years, companies have become more open to collaboration and sharing information. One example of such collaboration is crowdsourcing, where the work or ideas of a...