NTU and HP Inc. to Advance Digital Manufacturing Worldwide with First HP-NTU Corporate Innovation Lab in Asia


News highlights:

  • Nanyang Technological University, Singapore (NTU Singapore), HP Inc., and the National Research Foundation (NRF) collaborate on new $84 million HP-NTU Digital Manufacturing Corporate Lab
  • Lab is blueprint for innovation, collaboration and economic progress
  • Researchers and staff to focus on digital manufacturing technologies to advance 3D printing, artificial intelligence, machine learning, new materials and applications, cybersecurity and customization.

SINGAPORE, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Today Nanyang Technological University, Singapore (NTU Singapore), global technology leader HP Inc., and the National Research Foundation (NRF) announced the new HP-NTU Digital Manufacturing Corporate Lab.

As Singapore’s newest corporate research laboratory and HP’s largest university research collaboration worldwide, the HP-NTU Corporate Lab will drive innovation, technology, skills and economic development critical for the advancement of the Fourth Industrial Revolution. This is HP’s first university laboratory collaboration in Asia.

The $84 million lab supports Singapore’s push toward industry transformation – in the areas of digital manufacturing and 3D printing technologies. Advanced Manufacturing and Engineering is one of four technology domains under the Research, Innovation and Enterprise (RIE) 2020 Plan, which is Singapore’s national strategy to develop a knowledge-based innovation-driven economy and society.

Located at NTU, the HP-NTU Digital Manufacturing Corporate Lab was launched by Heng Swee Keat, Minister for Finance and Chairman of the NRF. The NRF facilitates the creation of corporate labs via public-private partnerships. The Corporate Lab is the 13th supported by NRF and the seventh such lab at NTU.

The lab’s 100 researchers and staff will focus on digital manufacturing technologies, specifically in areas of advancing 3D printing, artificial intelligence, machine learning, new materials and applications, cybersecurity and customization.

The partnership was inked today by NTU Vice President (Research) Prof Lam Khin Yong and HP Chief Technology Officer and Head of HP Labs Shane Wall.  It was witnessed by Guest-of-Honor Minister of Finance and NRF Chairman Heng Swee Keat, NTU President Professor Subra Suresh, and HP Inc. Chief Executive Officer Dion Weisler.

NRF CEO Professor Low Teck Seng said, "Corporate laboratories are an integral part of our strategy to anchor joint R&D partnerships between our universities and companies in areas that have direct relevance to the growth of industries in Singapore. The HP-NTU Digital Manufacturing Corporate Laboratory is significant to our long-term competitiveness in the advanced manufacturing sector, and ensures that we stay relevant in the Fourth Industrial Revolution that is evolving and growing rapidly world-wide. It will also strengthen our capabilities to support multinational companies for expansion from Singapore into the region.”

NTU President Prof Subra Suresh said the partnership with HP is a significant milestone for NTU, as 3D printing – along with adjacent technologies such as artificial intelligence (AI), machine learning and cybersecurity – are integral parts of the Fourth Industrial Revolution.

“NTU has established deep capabilities and is a recognized leader in the areas of machine learning, data science and additive manufacturing. These cutting-edge technologies are now an integral part of NTU’s education and research ecosystem, and the NTU Smart Campus serves as a test bed for them, aligned with Singapore’s vision of transforming into a Smart Nation,” Prof Suresh said.

“Together with HP Inc., a renowned innovator and leader in the tech industry, NTU seeks to address today’s fundamental challenges with solutions that will benefit both industry and society in Singapore and the world, such as developing automation that is capable of boosting manufacturing productivity,” he continued.

“The World Economic Forum estimates more than $100 trillion in value will be created by digital transformation across all industries in the next 10 years,” said Dion Weisler, CEO and President, HP Inc. “HP is helping lead the development of the underlying technologies, like 3D printing, that will enable the benefits of this transformation. Singapore is one of our key worldwide technology development and manufacturing centers in Print technology. The HP-NTU Digital Manufacturing Corporate Lab will significantly deepen our involvement here and serve as a nucleus for this ecosystem. We are proud to collaborate with NTU and we are looking forward to this becoming a blueprint for innovation, collaboration and economic progress.”

The new Corporate Lab will be a key pillar of NTU’s Smart Campus initiative and will build on HP’s strong research and manufacturing capabilities.

At launch, there will be 15 priority projects to better understand:  

  • New materials and applications: including advanced polymers for manufacturing applications, the development of bioprinting models toward printing viable tissues, and 4D printed smart systems that adapt shape with temperature change;

  • Artificial intelligence and machine learning: helping printers autonomously predict and resolve issues; 

  • Cybersecurity: research to improve end-to-end point security infrastructure and malware mitigation.

The collaboration will also include developing educational curriculum on designing for Additive Manufacturing – covering areas such as data management, security, user experience and business models.

“One out of every three jobs worldwide, more than 30% of global GDP, and nearly one-third of carbon emissions are related to manufacturing,” said Weisler. “We are committed to innovating with purpose, not only driving the technology breakthroughs that improve HP’s business but also contribute to creating economic opportunity and improving people’s lives.”

HP began its presence in Singapore in 1970. Today, Singapore is home to its Asia Pacific & Japan Regional Headquarters, global supply chain control towers, and print manufacturing.  

About Nanyang Technological University, Singapore  
A research-intensive public university, Nanyang Technological University, Singapore (NTU Singapore) has 33,000 undergraduate and postgraduate students in the Engineering, Business, Science, Humanities, Arts, & Social Sciences, and Graduate colleges. It also has a medical school, the Lee Kong Chian School of Medicine, set up jointly with Imperial College London. 

NTU is also home to world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre for Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI) and Energy Research Institute @ NTU (ERI@N).

Ranked 12th in the world, NTU has also been placed the world’s top young university for the past five years. The University’s main campus is frequently listed among the Top 15 most beautiful university campuses in the world and it has 57 Green Markcertified (equivalent to LEED-certified) building projects comprising more than 230 buildings, of which 95% are certified Green Mark Platinum. Apart from its main campus, NTU also has a campus in Singapore’s healthcare district. 

For more information, visit www.ntu.edu.sg.     

About HP
HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com/go/3Dprinting.

About National Research Foundation Singapore  
The National Research Foundation (NRF) is a department within the Prime Minister's Office. The NRF sets the national direction for research, innovation and enterprise (RIE) in Singapore. It seeks to invest in science, technology and engineering, build up the technological capacity of our companies, encourage innovation by industry to exploit new opportunities that drive economic growth, and facilitate public-private partnerships to address national challenges. 

Under RIE2020, NRF is committed to create greater value in Singapore from our investment in research, innovation and enterprise through 1) closer integration of research thrusts, 2) stronger dynamic towards the best teams and ideas, 3) sharper focus on value creation, and 4) better optimised RIE manpower.

For more information, visit www.nrf.gov.sg/RIE2020.

Forward-Looking Statements
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All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred taxes, share repurchases, foreign currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including, but not limited to, our sustainability goals,  including the execution of restructuring plans and any resulting cost savings, net revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief, including with respect to the timing and expected benefits of acquisitions and other business combination and investment transactions; and any statements of assumptions underlying any of the foregoing.

Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of the restructuring plans; the impact of changes in tax laws, including uncertainties related to the interpretation and application of the Tax Cuts and Jobs Act of 2017 on HP’s tax obligations and effective tax rate; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year 2017, and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP’s Investor Relations website at http://www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated, and new information is posted.

©Copyright 2018 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9244a652-419c-41cb-9133-7bdfc196299e


            
Launch of HP-NTU Digital Manufacturing Corporate Lab

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