Singapore Technologies Engineering : 1Q2024 Market Update Digital Business Update
May 12, 2024 at 09:08 pm
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1Q2024 Market Updates
Business Overview: Digital Business
13 May 2024
Digital Business Updates
Digital Business
Cloud
Cloud Managed and Professional Services
Cloud business for Government and Commercial Enterprises including data centres
AI Analytics
Gen-AI,AI-ML and Data Analytics software and solutions
Cybersecurity
Cybersecurity product suite for IT & OT e.g. Security Operations Centre
Cybersecurity services - threat hunting, digital forensic and incident response
Cloud, AI Analytics, Cyber business to triple to >$500m by 2026
2 |
Digital Business Updates
Strong Momentum in Digital Business
Revenue, $'m
2026
550
+20%
target
500
463
500
450
385
400
350
300
250
250
200
170
147
150
0
2020
2021
2022
2023
1Q2024
Digital Business:
Cloud, AI Analytics & Cyber
On track to well exceed 2026 target
Growth in Cyber to be further augmented by integration with D'Crypt
3 |
Digital Business Updates
Growth Drivers for Digital Business
AI-poweredend-to-end mission critical software systems
Resilient Hybrid Cloud and Data Centres
Integration of D'Crypt's cryptographic technology into Cyber business for growth
4 |
Digital Business Updates
Customer Segments
Government
Critical
Enterprise
Infrastructure
5 |
Digital Business Updates
AI-Powered Investigation Assistant
Labour-Intensive and Time-Consuming Manual Investigation Process
Problem Statement
•
High volumes of investigation documents •
Manual processing of information, analysing statements,
•
Information gaps in statement taking
extraction of salient information and draft report preparation
Investigation Officer
AI-Investigation Assistant
Speech to Text
Natural Language Processing
Large Language
Models
Statements
Summary of Facts
Case Analysis
Draft Final Report
AI-Powered Automation Reduces Human Workload by 50%
6 |
Digital Business Updates
Hybrid & Multi-Cloud Solutions
Highly Secure
Largest Private
Largest Secure
Built .SG Domain
Hybrid Cloud Infra
Azure Cloud outside
Registry System in
Data Centres
of Nutanix in
the U.S.
Public Cloud
S.E.A.
Build, Manage Enterprise
Cloud Migration and
Cloud Solutions
Managed Services
7 |
Digital Business Updates
Cyber Capabilities
Cybersecurity
Operations Centre
Design, build, operate & maintain for IT/OT
24/7 monitoring
Threat intelligence / hunting
Cyber dashboard
Encryption Products
Cybersecurity Services
• Secure connectivity
• Vulnerability assessment &
• Secure storage
penetration testing
• Cross-domain
• Risk assessment
• Digital forensic & incident
response (on-prem / cloud)
8 |
Digital Business Updates
Cyber: Deriving Synergies from Acquisition of D'Crypt
Access to cutting-edge technologies in Cryptography and ASIC*-enabled secured module
Accelerate build-up of talent & capabilities
1 Enhance GTM for D'Crypt Products
ASIC
Secure Computing
EncryptorAnywhere
2 Synergies with ST Engineering Products
Strengthen position as Cryptographic Technology and Product house
Embed cryptography in digital systems solutions
9 |
*ASIC: Application-Specific Integrated Circuit
Digital Business Updates
Building Up Next Gen Digital & Cyber Talents
Highly skilled talent pool driving our growth initiatives
Solid industry credentials, validated by a diverse array of accreditations and certifications
Continuous skill and capability enhancement by internal Digital & Cyber training academies
>550
~ 300
Cybersecurity
Cloud & AI
specialists
engineers
10 |
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Disclaimer
ST - Singapore Technologies Engineering Ltd. published this content on
13 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
13 May 2024 01:07:07 UTC.
Singapore Technologies Engineering Ltd is a Singapore-based global technology, defense and engineering company. The Company operates through a diverse portfolio of businesses across the aerospace, smart city, defense and public security segments. The Companyâs segments include Commercial Aerospace, Urban Solutions & Satcom, and Defence & Public Security. The Commercial Aerospace includes airframe, engine and components maintenance, repair and overhaul, original equipment manufacturer for nacelles, composite floorboard and passenger-to-freighter conversions and aviation asset management. The Urban Solutions & Satcom includes smart mobility, smart utilities and infrastructure, urban environment solutions and satcom. Defence & Public Security includes public safety and security, critical information infrastructure solutions, control systems, cryptographic technology design and cybersecurity. It comprises defense business areas, such as digital systems and cyber, land systems, and more.