McLaren Applied Technologies to increase strategic presence in Singapore
McLaren Applied Technologies (MAT) has today announced plans to significantly increase its presence in Singapore in order to establish new partnerships with blue chip companies and support existing clients across Asia.
At the 2013 Singapore Grand Prix, MAT announced that it would establish its Asia Pacific headquarters in Singapore in order to draw upon the country’s world leading engineering talent and its position as a gateway to fast-growing markets across the region. One year on, MAT has developed ambitious growth plans for the region, which include recruiting additional Singaporean technical staff and enhancing local skills in order to meet the needs of major Asian partners.
A key element of MAT’s growth in the region will be the creation of the ‘McLaren Development Centre’. Rather than a facility, the ‘McLaren Development Centre’ will be a multi-disciplinary team that will focus on the development, testing and industrialisation of emerging technologies, either with existing partners or independently.
As MAT grows in the region, this elite team could expand to employ as many as 30 people in Singapore, making it the largest McLaren operation outside the UK.
Discussing the announcement, Geoff McGrath, Vice President, McLaren Applied Technologies said: “Asia is crucially important to the future of the entire McLaren Group. McLaren Applied Technologies’ growth in Asia will enable the company to provide high value employment and training in Singapore, to develop ground-breaking new technologies and processes, and to access fast growing markets across the region.”
He added: “McLaren Applied Technologies is a world leader in disciplines which will shape the world in the decades to come, including data analytics, advanced simulation and high performance design. With our growing presence in Singapore, we will increasingly be able to apply these skills on the ground in Asia to benefit our existing and future blue-chip partners.”
“We welcome the establishment of McLaren’s development centre in Singapore. We are pleased that McLaren, a company with a heritage of innovation and engineering excellence, has chosen Singapore to be its platform to grow in Asia”, said Kiren Kumar, Director of Infocomms & Media at the Singapore Economic Development Board. “We encourage McLaren to continue to leverage Singapore’s talent pool, research institutions and sophisticated demand, for the co-creation and lead adoption of advanced technologies in key areas such as manufacturing, healthcare and energy management.”
MAT has also set up a joint laboratory with the Institute of Infocomm Research (I2R) from the Agency for Science, Technology and Research (A*STAR). The Joint Lab focuses on advancing innovative predictive analytics, modelling and simulation techniques for the healthcare transportation and energy industries.
The partnership has achieved significant progress to date, driven by a team of leading researchers and engineers from both organisations, that have developed predictive analytics technologies which are focussed on human performance monitoring.