KUALA LUMPUR, Nov 8 (Bernama) -- Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors, has opened its new Asia Pacific Headquarters based in Tower 1 of Marina Bay Financial Centre in Singapore.
The opening is part of a broader regional expansion plan and follows the July 2023 launch of Quantexa’s Japan operations in Tokyo and long-standing presence in Melbourne, Sydney and Malaysia, while further expansion into Hong Kong is expected in 2024.
“With today’s announcement of our new regional headquarters in Singapore, we continue to accelerate our growth plans and get closer to our clients and partners as we serve the region,” said Quantexa Chief Executive Officer and Founder, Vishal Marria.
According to Quantexa in a statement, the organisation’s decision to set up its regional headquarters in Singapore was solidified by the country’s commitment to attracting investment, talent, and technology.
Establishing Quantexa’s new office locally complements the government’s Smart Nation initiative which outlines its plan to invest up to SGD500 million in artificial intelligence (AI) research and development. (SGD1=RM3.44)
Quantexa’s regional headquarters will provide sales, marketing, product management, and professional services capabilities to support customer implementations of its DI Platform in the banking, insurance and telecommunications industries, as well as the public sector.
The opening comes after Quantexa recently completed its Series E Funding Round led by GIC Singapore, valuing the company north of US$1.8 billion, and announcing a US$155 million investment to fuel global AI advancements. (US$1=RM4.66)
The Singapore headquarters joins a growing portfolio of Quantexa hubs including London, Dublin, Brussels, Malaga, the United Arab Emirates, New York, Boston, Toronto, Sydney, Melbourne and Tokyo.
-- BERNAMA
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