Symphony Creative Solutions Pte. Ltd. (SCS),* an NYK Group company, recently held two talk events in Singapore to promote open innovation in the shipping and logistics industry. These events were conducted in cooperation with the National University of Singapore (NUS) through its entrepreneurial arm NUS Enterprise.**
1. “Kopi Chat Deep Dive with SCS — Sailing into Digital Waters” (February)
In his keynote address, Jeremy Nixon, CEO of Ocean Network Express Pte. Ltd. (ONE),*** spoke about trends in the shipping industry and ONE’s digital transformation effort, the integration of digital technology into all areas of a business, and fundamentally becoming better through the use of IT.
A panel discussion attended by the Port Authority of Singapore (MPA) and startups then debated the importance of digitalization in the shipping industry. The hall was generously filled with attendees who asked numerous questions.
To encourage participants to exchange information, the hall also featured an exhibition space for the finalists of last year’s startup contest Ocean of Opportunities (O3) Challenge 2018.
2. “Funding Success in Startups” (March)
During a panel discussion on the popular theme of fund acquisition, MPA introduced the startups support program sponsored by the Singapore government.
In addition, the outline and challenge statement for the O3 Challenge 2019 were announced, and SCS called for active participation.
The O3 Challenge is a contest aimed at creating new value through open innovation in the maritime industry. The challenge is jointly organized by SCS and NUS Enterprise with the support of MPA, ONE, and other related parties. Each year, challenges are issued by ONE, and proposals submitted by startups are then evaluated.
In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to create new value by making use of the latest digital technology for innovation in the shipping industry.
* Symphony Creative Solutions Pte. Ltd.
Jointly established in Singapore in March 2016 by the NYK Group, Weathernews Inc., and Kozo Keikaku Engineering Inc. to develop and market next-generation solutions in the shipping and logistics fields.
** NUS Enterprise
The entrepreneurial arm of the National University of Singapore (NUS) plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mindsets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support, and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets.
*** Ocean Network Express Pte. Ltd.
A Singapore-based global container shipping company that began operations on April 1 by integrating the container businesses of Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha.
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