ST Telemedia, a unit of Singapore state investment firm Temasek Holdings, has set up a startup to help Asian companies adopt artificial intelligence and cloud technologies, in line with the city-state’s ambitions to transform the economy through technology.
The startup, called Leap, new company called Leap was created to make cloud and artificial intelligence (AI) adoption with unveils differentiated end-to-end service with broad menu of AI-centric and cloud technology tailored for Asian-based businesses.
Having been in operating for a while already, it has grown its team to 60 AI and cloud professionals since it was established 10 months ago. It has operations in Singapore, Malaysia and Indonesia, and aims to double its staff by the end of this year.
“Being a Singapore company with Asia as our backyard, we understand the cultural, business and technical complexities of operating and setting up AI and cloud technologies in Asia. These deep insights have opened many doors as we help companies navigate the challenges in their local markets and fast-track their adoption of AI and cloud.” said Ron Totton, LEAP’s Chief Executive Officer.
Leap has acquired a majority stake in Cloud Comrade, a Singapore-based cloud computing consultancy, to allow Leap to extend its business delivery capabilities, customer base and geographic reach.
Totton said, “We will continue to LEAP through organic growth and M&A investments to expand geographic reach and capabilities, all with the focus of increasing customer effectiveness.”