- Nasdaq listed firm commits in order to hiring over 500 digital professionals by 2026
- Progress its IT and digital infrastructure as well as global trade online connectivity
AvePoint (NASDAQ: AVPT), the SaaS and data management platform company, announced on Comes to an end, Aug 26 its newly established US$71. 7 million (S$100 million) R& M Hub in Singapore, which will act as a significant hub within the company’s worldwide R& D network and foster local talent to back up the growing global demand for B2B SaaS solutions.
Through the new investment backed by EDBI, the investment arm of Singapore’s Economic Development Board, and Electronic Industry Singapore (DISG), AvePoint will also progress its IT plus digital infrastructure as well as global trade connectivity to continue its international expansion.
Minister for Trade and Industry Singapore, Gan Kim Yong, joined AvePoint to usher in a brand new commitment to advancement with the ceremony held at AvePoint’s new office located from Galaxis, One Northern.
“AvePoint has worked closely with the Singapore govt, education and business organizations to advance the digital transformation efforts over the last thirteen years, so it was an opportunity to have our essential partners and investors celebrate this instant with us, ” stated Dr Tianyi Jiang (TJ), Co-Founder and CEO (left) , AvePoint.
“Establishing our international R& D Hub and Asia headquarters in Singapore reflects both historical success we have had with appreciated partners, including Microsof company, as well as the promise we see in this nation and the broader APAC region. It is a critical step in advancing our key growth vector to continue our worldwide expansion. ”
The investment will see AvePoint employ and train over 500 digital experts by 2026, nearly tripling its existing team of product and technology professionals in roles like business analysts, information scientists, software designers and Microsoft-certified technicians in Singapore.
The company will provide robust professional development opportunities, empower nearby leadership, and spend money on collaborative recruitment along with local education establishments. With the growth of a vibrant R& D community in Singapore, AvePoint intends to continue product innovation to deal with modern digital issues including hybrid function collaboration, security, accountable use of artificial cleverness, blended learning, and well-being.
Over the last decade, AvePoint has delivered several innovative solutions which includes a SaaS Discussed Training Management Program for six institutes of higher learning in Singapore. The R& D Hub will certainly ensure continued development in the edtech website, to empower future generations and create entry to quality education for the digital future.
“AvePoint’s R& D and item capabilities will lead to meeting global requirement for B2B SaaS solutions from Singapore. This is a testament to Singapore’s strong tech ecosystem for talent, business and innovation, ” said Chan Ih Ming, Senior Vice President of DISG.
“We look forward to partnering along with AvePoint to support electronic transformation for corporations through innovative and purpose-driven technologies, ” he added.
In addition to anchoring the development of new products and solutions for Singapore and the global market, AvePoint’s new place will strengthen global cloud resilience can be, support data sovereignty, strengthen multi-cloud security, and ensure regional companies are supported at the local level.