Last year for our company was active not only in terms of technological projects, but also in terms of events: participation in exhibitions and conferences, launching educational initiatives, cooperation with the government authorities, acquaintance with the innovative ecosystem of Asia (Singapore, Hong Kong, Malaysia). You can read more about this in our Playbook 2019.
The opening of a branch office in Singapore is the result of the first phase of the project, launched in late 2018, which aimed to bring the company into the global markets of ASEAN countries.
A key goal for 2020 is to implement a number of commercial, technological and research projects related to the development of solutions for the digital infrastructure of Internet energy and Industry 4.0 in general.
Singapore’s business opportunities are fully in line with our company’s tactical and strategic plans.
A key feature of Singapore is, on the one hand, the small size of the domestic market and, on the other, the high density of international companies open to cooperation. In the medium term, we view Singapore as a hub and outlet for ASEAN and APAC markets. In the long term, Singapore will provide the opportunity to implement an IPO (public offering) on the Singapore Exchange.
It is also worth noting the great prospects for cooperation at the State level between Ukraine and Singapore, as a key partner in Asia. The engineering potential of Ukrainian IT specialists and Singapore’s openness to the introduction of new technologies make it possible to rapidly develop technological solutions and introduce them into the business and financial sectors.
Singapore leads the international business rankings annually in key categories: ease of doing business, best investment potential, competitive economy, flexible labor market, no corruption, and high technology development.
The decisive criterion in Singapore’s favour is the opportunity for our company to develop both technological (distributed solutions) and industrial specialization (Transactional Energy), because both of them are among Singapore’s government priorities: IMDA - Blockchain Innovation, EMA - Electricity Futures Market.
The company’s competence to develop transformative solutions using Blockchain technology allows to obtain an advantage over other IT companies in this region. Opening an office in Singapore, in addition to our presence in Europe, will increase our innovative capabilities and expand our service capabilities in the rapidly growing APAC region
The company’s plans for 2020 include immersion in Singapore’s business ecosystems, attracting new customers, and a number of technology partnerships for energy and digital transformation projects in general.
"Singapore, for our company, is an opportunity not only to become part of a well-functioning infrastructure to nurture innovation, but also to immerse itself in a unique environment of English pragmatism and Eastern traditions of neo-confucianism."
Roman Kravchenko, CEO 482.solutions
482.solutions is a technology company that specializes in the development and integration of distributed systems and solutions using Blockchain technology.
The main specialization is research and development of solutions that change traditional economic systems and accelerate their development through the use of distributed technologies. Our main activities are: IoT, Energy, Supply Chain and eGovernment.
To contact our representative in Asia:
hello@482.solutions482 Solutions Pte. Ltd.68 Circular Road, #02-01, 049422, Singapore