EnterpriseSG to commit over S$45 million to help manufacturers adopt AI solutions
This helps producers overcome common barriers to AI adoption, improve productivity and competitiveness
Enterprise Singapore (EnterpriseSG) has announced a three-year commitment of over S$45 million to assist manufacturers in adopting artificial intelligence (AI) solutions. Minister of State for Energy, Trade and Industry Gan Siow Huang revealed this investment under the Catalytic AI Solutions initiative, which aims to overcome common barriers to AI adoption and improve productivity and competitiveness.
SMEs can leverage AI tools to enhance product design, automate processes, and optimize production scheduling. The event, held at the Industrial Transformation Asia-Pacific (ITAP) conference, also highlighted Singapore's advanced manufacturing sector's potential, accounting for about a fifth of the country's GDP. Prime Minister Lawrence Wong's AI Mission in Advanced Manufacturing seeks to leverage AI to boost manufacturing output and create skilled roles for workers.
The AI Centre of Excellence for Manufacturing, established in 2024, will tackle complex challenges and support end-to-end AI transformation, working closely with higher education institutions and AI startups. Several MoUs were signed, including a partnership between SMF and Republic Polytechnic to support SME and enterprise transformation, and future talent development.
Gan emphasized the importance of advanced manufacturing as an exciting career path for Singaporeans, with platforms like ITAP instrumental in cultivating the nation's strengths and maintaining its position as a trusted global node for advanced manufacturing.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
