Temus Company Profile
Background
Overview
Temus, established in April 2021, is a digital transformation services provider headquartered in Singapore. The company was founded through a strategic partnership between Temasek, a global investment company, and UST, a global digital services firm. Temus aims to drive holistic digital transformation across both public and private sectors, aligning with Singapore's Smart Nation vision.
Mission and Vision
Temus is committed to unlocking economic and societal value by enhancing lives and empowering communities through digital innovation. The company focuses on delivering sustainable solutions that consider social, environmental, and financial impacts.
Key Strategic Focus
Core Objectives
Temus's strategic focus includes:
- Holistic Digital Transformation: Addressing all aspects of people, processes, change management, and policy to achieve successful transformation outcomes.
- End-to-End Services: Offering comprehensive services from conceptualization to design, development, and implementation.
- Talent Development: Building a strong digital workforce and investing in digital talent development for clients.
Areas of Specialization
Temus specializes in:
- Value Architecting: Designing for value orientation and maximizing outcomes.
- Consulting: Establishing collaborative and long-term partnerships.
- IT Services: Providing world-class development through strong engineering practices and deep technical capabilities.
Key Technologies Utilized
The company leverages technologies in:
- Data and Artificial Intelligence (AI): Utilizing data analytics and AI to drive transformation.
- Cloud Delivery: Implementing cloud solutions for scalable and efficient services.
Primary Markets Targeted
Temus serves:
- Public Sector: Partnering with government agencies to support Singapore's Smart Nation initiatives.
- Private Sector: Collaborating with enterprises across various industries to drive digital transformation.
Financials and Funding
Funding History
Temus was established through a strategic partnership between Temasek and UST. Specific funding details are not publicly disclosed.
Utilization of Capital
The capital is intended for:
- Talent Acquisition and Development: Building a robust digital workforce.
- Service Expansion: Enhancing service offerings and technological capabilities.
Pipeline Development
Key Initiatives
- Step IT Up Singapore: An accelerated 'place and train' program launched in August 2022, aimed at growing digital talents for Singapore. The program is supported by the Infocomm Media Development Authority (IMDA) under the TechSkills Accelerator (TeSA) initiative and plans to benefit 400 individuals from non-tech backgrounds over three years.
Technological Platform and Innovation
Proprietary Technologies
Temus focuses on:
- Data Analytics and AI: Developing proprietary solutions to drive digital transformation.
Significant Scientific Methods
- Machine Learning Algorithms: Implementing advanced algorithms to enhance service delivery.
Leadership Team
Key Executives
- Ng Lai Yee: Chief Executive Officer. Appointed in July 2024.
- Patrick Wong: Chief Financial Officer.
- Melissa Kee: Chief People Officer.
- Srijay Ghosh: Founding Member and Chief Revenue Officer.
Leadership Changes
- CEO Appointment: Ng Lai Yee joined as CEO in July 2024, succeeding the previous leadership.
Competitor Profile
Market Insights and Dynamics
The digital transformation services market is highly competitive, with significant growth potential driven by increasing demand for digital solutions across sectors.
Competitor Analysis
Key competitors include:
- Accenture: A global professional services company offering a range of services in strategy, consulting, digital, technology, and operations.
- Deloitte Consulting: Provides audit, consulting, tax, and advisory services to a wide range of industries.
- Cognizant: Offers IT services, including digital, technology, consulting, and operations services.
- Wipro: A global information technology, consulting, and business process services company.
- Capgemini Services: Provides consulting, technology, professional, and outsourcing services.
Strategic Collaborations and Partnerships
- Temasek and UST Partnership: Established through a strategic partnership to provide digital transformation solutions.
- Infocomm Media Development Authority (IMDA): Collaborated on the 'Step IT Up Singapore' program to develop digital talent.
Operational Insights
Strategic Considerations
- Market Position: Temus positions itself as a strategic partner in realizing Singapore's Smart Nation vision.
- Competitive Advantages: Emphasis on holistic transformation, strong Singapore core, and commitment to sustainable solutions.
Strategic Opportunities and Future Directions
Strategic Roadmap
- Talent Growth: Aiming to build a digital workforce of approximately 1,000 by 2025.
- Service Expansion: Continuously enhancing service offerings to meet evolving client needs.
Opportunities for Expansion
- Regional Growth: Expanding services beyond Singapore to the broader region.
