- Initial focus on developing capabilities in healthcare and public transport, in order to help improve lives in Singapore and beyond
- Support from Singapore’s Economic Development Board (EDB) to continue for a further three years up to 2020
- Expanded APAC leadership team announced to oversee growth and expansion of what will be McLaren’s largest operation outside the UK
- Positions McLaren Applied Technologies for further growth in Asia-Pacific region
McLaren Applied Technologies, a member of the McLaren Group, has today announced plans to significantly increase its investment in, and expansion of, its strategic presence and capabilities in Singapore over the period 2018-2020. This capability increase will initially be focused on solving crucial challenges to improve people's lives in the areas of health and public transport in Asia Pacific.
At the 2013 Singapore Grand Prix, McLaren Applied Technologies announced that it would establish its Asia Pacific headquarters in Singapore, to draw upon the country’s world-leading engineering talent and its position as a gateway to fast-growing markets across the region.
Since then, and with the support of the Singapore Economic Development Board (EDB), McLaren Applied Technologies has successfully recruited and developed a diverse cadre of talented experts, providing high-performance technology and design solutions to the McLaren Group’s partners and customers in Singapore and beyond. It has also developed successful collaboration in data analytics, modelling and simulation with local research institutions such as A-STAR and I2R and is a founding member of SGInnovate.
The McLaren Applied Technologies vision for its next phase of growth in Singapore over the next three years is to accelerate its role as a leading player in Singapore’s innovation ecosystem, supporting the development of Singapore-based talent into commercially aware technologists, scientists and engineers who can develop and launch world-class product solutions to complex problems, initially in the areas of health and transport in Singapore and beyond.
To achieve this, McLaren Applied Technologies Singapore will draw from McLaren Group’s deep domain expertise in engineering, sensors, connectivity, data analytics, modelling, advanced simulation and high-performance design in order to provide game-changing technology solutions across the Asia-Pacific region.
Having already grown since 2013 to be the largest McLaren operation outside the UK, this further expansion to McLaren Applied Technologies’ Singapore presence and capability will see local headcount double over the next three years, overseen by an expanded local leadership team.
Dick Glover, Acting CEO, McLaren Applied Technologies, said:
"Both Singapore and the wider Asia-Pacific region remain critical to the future success of the wider McLaren Group, and particularly so for McLaren Applied Technologies, as one of the group’s key growth engines.
"Through this additional investment, our aspiration is to use our fresh thinking and innovation to solve crucial challenges and improve people’s lives in Singapore and Asia Pacific, initially in the areas of health and transport.
"As a world-renowned UK Technology Group recognised for its innovation, we aim to increase our contribution to Singapore’s innovation ecosystem and its ‘Smart Nation’ vision. We are delighted to continue to receive support and guidance from EDB over the next three years in order to help us get there.
"At the same time, we will increase our role in helping to develop Singapore’s best talent into world-class innovators capable of producing game-changing solutions to complex problems. A win-win-win-win for Singapore, the UK, McLaren and our customers."
Michael Shearer OBE, Managing Director Asia Pacific, McLaren Applied Technologies, said:
"This is a hugely exciting time for McLaren Applied Technologies in Asia Pacific. We are working at the intersection of data, cutting-edge technology and human ingenuity to deliver quantifiable performance advantage from people, processes and systems, to help improve lives.
“We want to attract and retain the very best talented Singapore-based software engineers and data scientists. People join us to do the best work of their lives to accelerate progress and help our customers and partners perform beyond today’s expectations.
"Today’s announcement of our increased investment and presence in the dynamic and diverse Asia-Pacific region sets the scene for further planned ground-breaking innovation, initially in the areas of public transport and health."
Mr. Kiren Kumar, Assistant Managing Director, Singapore Economic Development Board, said:
"We are pleased that McLaren Applied Technologies is expanding and deepening its presence in Singapore, to co-create innovative digital solutions with businesses across key sectors such as public transport and healthcare.
"By leveraging Singapore’s growing talent ecosystem for Digital, McLaren Applied Technologies is able to push the boundaries of big data analytics and real-time optimisation to solve problem statements of a global clientele.
"This is an excellent example of a global technology company contributing to Singapore’s ambition to be a Smart Nation and a location for businesses to innovate and create new value for the world."
His Excellency Mr. Scott Wightman CMG, British High Commissioner to the Republic of Singapore, said:
"McLaren Applied Technologies is a world leader in technological innovation and data analytics. McLaren’s expansion of its operations in Singapore reflects the close and deep business and investment links between our two countries the UK and Singapore.
"We’re proud that McLaren has chosen Singapore to house their training facility, tapping into a highly talented and motivated workforce here. Singapore and McLaren are the perfect fit of innovative thinking and creative execution."