Business Chief Europe Magazine April 2021 | Page 17

3 SINGAPORE

Dell Technologies funds innovation lab
Ideate . Experiment . Co-create . That ’ s the idea behind Singapore ’ s Global Innovation Hub , an initiative funded by Dell Technologies ( US $ 50 mn ) to drive digital innovation . The Hub will focus on augmented reality , data analytics , cloud-native , cybersecurity and edge computing .

5

KOREA
Samsung breaks Ericsson ’ s 5G global speed record
Recently reaching world record 5G data speeds of 6.23Gbps , Samsung beats Ericsson and Qualcomm ’ s January record of 5Gbps . The breakthrough speed was set using a flexible new approach combining 4G and 5G ( EN-DC technology ) to maximise the benefits of both networks .

4 EGYPT

Suez Canal Bank accelerates digital transformation
Egypt ’ s Suez Canal Bank is digitally transforming its customer experience to increase financial inclusion , as just 32.8 % of the population has a bank account . With Temenos Infinity , products and services will be more accessible and optimised for mobile and advance tech like AI will be leveraged , for a Chabot service , for example . businesschief . com 17