James Dyson’s £330M Bet On Singapore

SLIDESHOW: Billionaire James Dyson: “Dyson is focused on developing intelligent technology. We are making products that know and anticipate what you want, before you do.”

James Dyson says Singapore is home to “some of the world’s brightest minds”.

At the opening of Dyson’s new Technology Centre in Singapore last week, its billionaire founder James Dyson said that the British company will be investing £330 million in its future in Singapore.

In his speech, Dyson said: “It is no coincidence, that to realise our technology ambitions, we are deepening our commitment to Singapore. You have some of the world’s brightest minds. Working together, we hope to make more breakthroughs. New technology, will catapult us forward, just as the Digital motor has done.

“Dyson is focused on developing intelligent technology. We are making products that know and anticipate what you want, before you do. This ‘machine learning’ gives our products the intelligence to understand and react to their environment. This is central to our future. We are on a hunt for the brightest minds.

“Singapore understands, and values, the contribution engineers make to society. Importantly, you have graduates with highly skilled minds.”

Located 30 minutes from its advanced motor manufacturing facility in West Park, Dyson’s new Technology Centre will bring together the brightest minds in hardware and software engineering. With it, Dyson plans on expanding its Singapore-based engineering team further by 50 percent — it currently employs over 1,100 people. The centre will be focused on developing new and future technologies such as artificial intelligence, robotics and vision systems.

Dyson first opened its facility in 2007 at Science Park 1. In 2009, It moved its development facility to a bigger site at Alexandra Technopark and increased its staff count by 700 percent. Its West Park facility opened in 2012 and, in the following year, Dyson made an investment of S$100 million to the facility. In 2015, the company invested an additional S$100 million in West Park, including creating a new line to manufacture Dyson’s V9 motors. The West Park facility produces one V9 motor every 2.6 seconds.

www.dyson.com

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