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Konica Minolta launches its first ever business innovation centre in Singapore

Zafar Anjum | Feb. 10, 2014
BIC will initiate, support and manage new business and technology development

Printing and multifunction devices maker Konica Minolta has launched its new Asia Pacific Business Innovation Centre (BIC) in Singapore today.

BIC will initiate, support and manage new business and technology development, as well as to incubate new ICT service businesses for Konica Minolta in the Asia Pacific region, the Japanese company said in a statement.

According to the official statement, the BIC in Singapore will be working with customers and collaboration partners ranging from solution providers, start-ups, research institutions, as well as crowdsourcing channels to develop and incubate new services for the region. These activities will complement Konica Minolta's Research and Development (R&D) in the creation of new service businesses.  Konica Minolta currently has R&D centres in Japan and USA, focusing on fields of imaging, optics, materials and nano-fabrication.

The centre is also said to be in close discussions with Singapore's Institute for Infocomm Research (I2R), a member of the Agency for Science, Technology and Research (A*STAR) family on collaboration opportunities.

"In the initial phase, the Asia Pacific BIC will be focusing on development of cloud-based service offerings such as software-as-a-service (SaaS) and business process-as-a-service (BPaaS) to add to Konica Minolta's Intelligent Office service offering.  The centre will also be working closely with customers to develop industry-specific cloud-based solutions. By providing the services through the Konica Minolta cloud infrastructure, Konica Minolta will deliver the economies of scale, savings and agility to the customers," said Rachel Goh, Director, Business Innovation Centre, Asia Pacific, Konica Minolta.

Konica Minolta to establish 5 BICs worldwide

The centre in Singapore is one of the first among five BICs the company plans to establish around the world to facilitate and accelerate the growth of its Information and Communications Technology (ICT) services business, official sources said.

"The decision to locate the Asia Pacific BIC in Singapore underscores Konica Minolta's confidence in Singapore as an attractive hub for Asia Pacific regional innovation activities," said Yuji Ichimura, General Manager, ICT Service Business Operations, Konica Minolta. "Singapore's central location in one of the world's most dynamic, high-growth regions, combined with its vibrant innovation community, strong infrastructure and support network, make it an ideal choice to locate our Asia Pacific innovation centre."

"We are glad that Konica Minolta has chosen Singapore to locate its Asia Pacific BIC, the company's first in the world," said Terence Gan, Director of Electronics at the Singapore Economic Development Board (EDB). "This is a good example of how global companies like Konica Minolta find value in our ICT capabilities to co-innovate and develop cloud-based solutions that can be scaled and exported globally."

Headquartered in Tokyo, the company manufactures business and industrial imaging products, including copiers, laser printers, multi-functional peripherals (MFPs) and digital print systems for the production printing market.


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