Singapore Manufacturers Expect Improved Business Conditions in 1st Half
01/29/2021 | 01:14am EDT
Send by mail :
Message : By Ronnie Harui Singapore s manufacturing sector expects improved business conditions in the first half of 2021 amid anticipation of better global economic prospects, supported by the rollout of Covid-19 vaccines, the Singapore Economic Development Board said Friday. A net weighted 32% of manufacturers anticipate a favorable business situation for the January-June period compared with the fourth quarter of 2020, the EDB said. All manufacturing clusters expect better business prospects in the first half, compared with the fourth quarter. The biomedical manufacturing cluster is the most optimistic, with a net weighted 46% of companies anticipating a favorable operating environment in the six months ending in June, the EDB said. The precision engineering and electronics clusters expect improved business conditions in the first half, with net weigh
1/28/21
ENGLEWOOD CLIFFS, N.J. (BUSINESS WIRE) OwnBackup, a leading cloud data protection platform, today announced a
Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital. Following a $50 million financing announced just six months ago, OwnBackup’s cumulative funding now totals over $267.5 million. This further underscores the expanding market for cloud data protection and OwnBackup’s position as the platform of choice for nearly 3,000 customers.
“Since day one, we’ve believed that no company operating in the cloud should ever lose data. We are laser-focused on achieving our vision of a single pane of glass for companies to manage, backup, and secure all of their SaaS data,” said
SHARE
Cloud backup startup OwnBackup Ltd., a firm centered on Salesforce.com Inc.’s platform, today said it has raised $167.5 million in new funding to support ongoing investments in global expansion and extend its platform to help companies secure their software as a service data.
The Series D round was co-led by Insight Partners, Salesforce Ventures and Sapphire Ventures, and included Innovation Endeavors, Vertex Ventures and Oryzn Capital. The round valued OwnBackup at $1.4 billion, giving the company unicorn status for the first time.
Founded in 2012, OwnBackup offers cloud-to-cloud backup services on the Salesforce platform via the Salesforce AppExchange. The company’s service provides secure and automated daily backups of SaaS and platform as a service data as well as data comparison and restoration tools for disaster recovery.
Source: Media Outreach
SINGAPORE – Media OutReach – 27 January 2021 – Singapore Semiconductor Industry Association (SSIA) is partnering JTC and e2i, electronics companies, academia, to launch a series of new initiatives to attract and retain talent, as well as make the electronics sector an attractive environment to work in. Even as many sectors scaled back in 2020, the electronics and semiconductor industry remains resilient. It continues to create good job opportunities and offer a variety of roles to shape the future of technology.
Guest-of-Honour, Mr Alvin Tan, Minister of State for Trade & Industry and Culture, Community & Youth, delivering his speech during the Electronics Industry Day 2021
Things to do, watch, listen this week: 25 to 31 Jan
Things to do, watch, listen this week: 25 to 31 Jan PUBLISHED ON 27/01/2021 12:00 am By Vondra Tay
If you are looking to spend time with family and friends this week, consider bonding over arts and culture events. Visit an unusual drive-through exhibition that features captivating art installations, catch a theatre performance that explores climate change, or check out art shows happening as part of Singapore Art Week. Read on for our top picks of arts and culture activities to enjoy this week.
Multidisciplinary
Moo Moo PARK
Don’t miss Asia’s first drive-through exhibition, which can be experienced by electric car or on foot. The exhibition, held at the Singapore Chinese Cultural Centre car park until 28 Mar, is organised by the centre, in collaboration with local creative technology studio The MeshMinds Foundation. The exhibition features