New lab demonstrates Arrow’s commitment to empowering talent and developing a robust innovation ecosystem
SINGAPORE – Media OutReach – April 21, 2022 – The global technology solutions provider Arrow Electronics, Inc. today announced the opening of the NTU Arrow Invent Lab in partnership with Nanyang Technological University, Singapore (NTU Singapore), a world-class university based on science and technology.
The lab is part of NTU’s EcoLabs Center of Innovation for Energy initiative to accelerate the development of deep-tech energy innovation in Singapore. Focused on the development and deployment of smart energy, mobility and intelligent sensing technologies, the new lab will provide local technology startups, systems integrators and industry players with free advice and access to the world-class engineering and supply chain capabilities needed to excel. and thrive.
As part of Arrow’s global network of open labs, this new Invent Lab serves as an innovation and experimental platform where the local technology community can develop ideas, unleash creativity and directly leverage Arrow’s globally diverse technical resources and tools as they develop their inventions. to life.
Sharing knowledge, nurturing talent and facilitating performance
Singapore ranks fifth in Asia’s 2021 Global Startup Ecosystem Report (GSER). The report also noted that among Singapore’s most promising startups, there is a demand for knowledge or the ability to access technical expertise.
Designed to give local innovators and engineers access to design tools, resources and technical expertise they often lack, this lab is equipped with state-of-the-art technical equipment and test modules. Experienced experts in the vertical segment and engineers with expertise in embedded computing, detection, connectivity and systems integration are on site to provide professional guidance to users.
Professor Lam Khin Yong, NTU’s Senior Vice President (Research) said: “NTU is strategically positioned to foster an innovative ecosystem for startups with our world-class research facilities, strong industry partnerships and renowned academic talent. Our partnership with Arrow creates an invaluable opportunity for innovators and startups to access the latest technologies and connect with world-class suppliers.This joint collaboration will accelerate our innovation capabilities to support technology startups in Singapore on their digital journey.The new NTU-Arrow Invent Lab will expand the available increase support for local startups and drive the development of advanced manufacturing, both locally and internationally.”
For example, while product development typically takes nine to 12 months, startups using the lab, with the support of Arrow experts, can save up to six months of development time and up to 25 percent in engineering design costs. More importantly, Arrow, as a trusted advisor, will provide developers with guidance throughout the development cycle – from formulation and proof of the design concept, to component sourcing, rapid prototyping and testing, to system integration and pre-production verification.
“Working with a consortium of industry associations, technology providers, enterprises and leading academic institutions such as NTU, Arrow is committed to building a robust tech support ecosystem that provides startups and innovators quick and easy access to world-class technical advice, design-for- manufacturing support and go-to-market resources,” said Natarajan MM, Arrow Electronics Vice President of Sales for South Asia. “Partnering with NTU to launch and operate this new lab reinforces our commitment to making technology more accessible, easier to understand and better to use.”
Singapore’s Innovation and Technological Evolution Platform
In addition to providing hands-on technical support to the startup community, the lab will also serve as a platform for educational programs and insights, sharing activities aimed at supporting Singapore’s innovation and technological evolution. Some of Arrow’s technology vendors supporting this lab include ADI, Allegro, Diodes, Diotec Semiconductor, Fair-Rite Asia, Intel, Kioxia, Kyocera-AVX, Littelfuse, Microchip, Molex, NXP, OMNIVISION, onsemi, Panasonic, Rohde & Schwarz, Sharp, Silicon Labs, STMicroelectronics, TE Connectivity, Toshiba, Unicore Communications, Vishay, Western Digital and Yageo. Arrow engineers and technology experts from these suppliers will regularly host technical seminars and workshops in various fields, from smart energy to mobility and intelligent sensing.
About Arrow Electronics
Arrow Electronics guides innovation for more than 220,000 leading technology manufacturers and service providers. With revenue of $34 billion in 2021, Arrow develops technology solutions that improve business and everyday life.
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