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Home Management Leadership Growth Strategies

Singapore’s Temus outlines growth momentum

Gigi Onag by Gigi Onag
September 13, 2022

Temasek-backed digital transformation firm Temus has outlined its growth momentum announcing plans to grow its workforce by fivefold in the next three years; launching an accelerated “hire, place and train” programme; and, announcing its acquisition of Dreamcloud.

“Temus’ growth momentum is a testament to our unique proposition of forging long-term partnerships with our customers while keeping ‘value creation’ at the heart of helping to shape their digital futures,” said KC Yeoh, chief executive officer, Temus. “We will build on this promising start to accelerate the growth of Singapore’s digital talent pool and build distinct digital capabilities for our customers – in tandem with the country’s Smart Nation aspirations.”

Growing digital workforce fivefold in three years

The company has grown its workforce to around 200 people since its inception nearly 18 months ago and is planning to increase this number by fivefold over the next three years.

Established in April 2021 in partnership with global digital services company UST, Temus’ customers span a range of industries across Singapore including financial services and insurance, healthcare, education, consumer goods, telecommunications, infrastructure, energy and waste management, among others.

To serve the digital aspirations of its growing base of customers, the company keeps a strong bench of experienced talents in strategy, design, architecture, technology, data & artificial intelligence.

“Temus was born into a generation-defining crisis, at a time when organisations accelerated their investments in digital to thrive,” said Srijay Ghosh, founding member and chief revenue officer, Temus. “Experts predict that by the end of this year, more than half the global economy will be powered by digital. Imagine what these digital transformations can do to uplift lives, raise productivity, and grow the economy. Temus was founded for these reasons and more. We remain committed to unlocking economic and societal value through holistic transformation.”

Step IT Up programme launched

To help its plan to increase its workforce by fivefold in the next three years, Temus is launching a “hire, place and train” programme called “Step IT Up x Temus’ to include candidates with no prior coding or software programming training and experience.

To broaden digital opportunities and expand Singapore’s digital talent pool, these candidates will be given priority admission to the programme.

“When Temus was founded, it was as much about building capabilities and value creation, as it was about organically developing digital talent. People and talent are central to any transformation and close to the purpose of Temus and at the heart of what we do, how we do it,” said Srijay. “We are proud of the launch of Step IT Up x Temus. As our candidates digitally transform, so will we – and the customers we serve. I hope more people will join us and be the change.”

Around 400 people are expected to benefit from Step IT Up x Temus by 2025. Candidates will be offered a full training sponsorship, a financial stipend, and a full-time job when they graduate from their training.

Application for the first batch of trainees will close on 24 October 2022 and training will begin on 28 November 2022. Interested candidates are welcome to apply to the programme.

Step IT Up was first introduced in 2014 by Temus’ strategic partner UST to create computer science career opportunities for minority and disadvantaged groups in the United States.

Since then, the programme has run in Mexico, Poland, Australia, Costa Rica and Israel. About 87% of graduates have secured digital and technology jobs at leading global companies, and 90% of them have stayed at least two years. Notably, none of these trainees had a technology background.

Dreamcloud: Temus’ first acquisition

Meanwhile, Temus has acquired home-grown system integrator Dreamcloud in a move to strengthen its app development practice and complement its tech modernisation capabilities.

Dreamcloud, a pioneer in the low-code space, is one of the largest OutSystems delivery teams in Singapore.

The integration of Dreamcloud and Temus capabilities will help enterprises customers develop, deploy, and scale digital solutions with speed.

“Organisations of every size and industry are transforming how they do business in the digital age - speed, agility, and simplicity are at the heart of successful transformations,” said Yeoh. “As Temus grows, we will unlock even greater value for our customers by catalysing digital transformation holistically, for economic and societal impact.”

Daniel Lim, managing director, of Dreamcloud,  said there is a strong alignment between Temus and Dreamcloud in terms of culture and purpose.

“Our low-code, high-speed app development capabilities synergise with Temus’ strategy to build a strong app development practice, and this will allow us to take a broader view of our customers’ digital transformation initiatives and provide more holistic solutions,” said Lim.

He added: “Having the full support of Temus gives us the capability to deepen engagements with our global network of over 30 customers, and continue to offer them cutting-edge digital transformation solutions.”

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Tags: Temus
Gigi Onag

Gigi Onag

Gigi has more than 15 years of experience in technology journalism, covering various aspects of enterprise IT and telecommunications from both business and technology perspective. Before joining CXOCIETY as editor for FutureIoT in July 2019, she was assistant editor of ComputerWorld Hong Kong. Based in Hong Kong, she started with regional IT publications under CMP Asia (now Informa), including Asia Computer Weekly, Intelligent Enterprise Asia and Network Computing Asia and Teledotcom Asia. She had contributed articles to South China Morning Post, TechTarget and PC Market among others.

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