Singlife Saves Millions Annually After Migrating to AWS Cloud


June 9, 2024

Tech News

During a Major League Baseball game broadcast on Apple TV Plus, Los Angeles Dodger Enrique “Kiké” Hernández missed catching a ball due to being engaged in an in-game interview. Despite the mishap, Hernández stated he would not decline future interviews as players are compensated for them under the MLB Players Association’s collective agreement. The Dodgers won the game in the 11th inning.

Singapore’s financial services company Singlife has completed migrating its IT infrastructure to Amazon Web Services (AWS) cloud, aiming to enhance customer experience and employee productivity while saving S$5 million in costs annually. The migration involved over 39 mission-critical applications and was completed ahead of schedule, allowing Singlife to exit its data centers within 18 months.

Byju’s, once India’s most valuable startup valued at $22 billion, is now estimated by HSBC to be worth nothing. This dramatic devaluation follows a challenging year for Byju’s, marking one of the most significant declines in startup valuation in recent history.

Sime Darby Motors hosted its first-ever Pre-Owned Electric Vehicle Fest at the former TUDM air base in Sungai Besi, offering selected EVs at significantly reduced prices. The event featured pre-owned models from BMW, BYD, Hyundai, Jaguar, Porsche, and Volvo, with prices starting as low as RM87,000 for a BYD Dolphin Standard Range.

Tech Explained

Amazon Web Services (AWS) – Amazon Web Services (AWS) is a subsidiary of Amazon providing on-demand cloud computing platforms and APIs to individuals, companies, and governments.

Startup Valuation – Startup valuation is the process of determining the current worth of a startup company.

Electric Vehicle (EV) – An electric vehicle (EV) is a vehicle that operates on one or more electric motors using energy stored in rechargeable batteries.

Data Centers – A data center is a facility composed of networked computers and storage used to organize, process, store, and disseminate large amounts of data.

Mission-Critical Applications – Mission-critical applications are software programs that are essential to the operation of an organization.

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