AvePoint Establishes New $100 Million SGD International R&D Hub in Singapore

AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management platform provider, today announced its newly established $100 million SGD international R&D Hub in Singapore, which will act as a major hub within the company’s worldwide R&D network and foster local talent to support the growing global demand for B2B SaaS solutions. Through its new investment supported by Digital Industry Singapore (DISG), AvePoint will also advance its IT and digital infrastructure as well as global trade connectivity to continue its international expansion.

At the opening ceremony earlier today, Minister for Trade and Industry Singapore, Mr. Gan Kim Yong, joined AvePoint to usher in a new commitment to innovation in APAC. The ceremony was held at AvePoint’s new office located at Galaxis, One North.
 

The R&D Hub investment will see AvePoint hire and train over 500 digital professionals by 2026, nearly tripling its existing team of product and technology professionals in roles such as business analysts, data scientists, software architects and Microsoft-certified engineers in Singapore. The company will provide robust professional development opportunities, empower local leadership, and invest in collaborative recruitment with local education institutions. With the growth of a vibrant R&D community in Singapore, AvePoint intends to continue product innovation to address modern digital challenges including hybrid work collaboration, security, responsible use of artificial intelligence, blended learning, and well-being.

Over the last decade, AvePoint has delivered multiple innovative solutions including a SaaS Shared Training Management System for six institutes of higher learning in Singapore. The R&D Hub will ensure continued innovation in the edtech domain, to empower future generations and create access to quality education for our digital future.
 

In addition to anchoring the development of new products and solutions for Singapore and the global market, AvePoint’s new location will strengthen global cloud resilience for customers, support data sovereignty, strengthen multi-cloud security, and ensure regional businesses are supported at the local level. As more organizations in APAC digitize and require SaaS solutions, AvePoint sees a critical need to expand its presence in the region and support growing customer demand.

To learn more about AvePoint’s new International R&D Hub and Asia HQ in Singapore, please visit www.avepoint.com/sg.