ST Engineering Annual Report 2020

To be successful, we will continue to: 1) focus on our core markets, ensuring that we deliver robust and high quality solutions; 2) invest in niche and strategic defence capabilities and leverage digital technologies for military and public security applications; 3) form strategic partnerships in our export markets; 4) keep abreast of technology trends. Q/ What are some key trends that will shape the defence and public security segments in the near future? Digital technologies including data science, artificial intelligence, cloud and Internet of Things have transformed global businesses and created new products, markets and growth opportunities. These technologies will also have an impact on defence and public security capabilities. C5ISR is a potential growth area and we will translate proven and applicable technologies for our defence customers. In the growing public safety and security market, efforts to safeguard data, systems and critical infrastructure against existing and new threats are on the rise. We are well positioned to tailor our suite of defence and public security offerings to meet current and future requirements. Q/ How will this new organisational design help to achieve your goal for international defence business growth? With our established track record and the fundamentals of our business unchanged, we designed the Defence & Public Security cluster to sharpen our focus on air, land, sea and cyber defence and security as well as to advance excellence in three areas. Firstly, with the new structure, we will introduce an integrated approach for defence technology development and deployment within the cluster. We will deepen collaboration across the Defence Business Areas and devote more resources towards R&D to build up our integrated capabilities and solutions for strategic customers. Secondly, with Digital Systems and Cyber, we will incorporate advanced digital technologies into our defence and security solutions to help defence and public security customers accelerate digital transformation. There is an increasing demand for cyber defence, in particular C5ISR* readiness, as major defence agencies prepare warfighters for the future. By bolstering our C4ISR systems with cyber (the new ‘C’), we will be C5ISR-ready and will be able to deliver cyber-secure solutions for all our platforms and systems. Finally, to grow our international business we will increase our focus on solutions for public security and critical information infrastructure (CII) segments which include cross-domain solutions that are applicable to airports, ports, utilities, healthcare and financial industries. These include emergency response systems, surveillance systems and key infrastructure protection solutions to safeguard citizens and critical infrastructure. Our cybersecurity business will continue to focus on addressing the full attack continuum, helping governments and enterprises mitigate risk, and enabling CII customers to strengthen both IT and operational technology cybersecurity. * C5ISR refers to command, control, computers, communi- cations, cyber defence (C5), intelligence, surveillance, and reconnaissance (ISR). 33 ANNUAL REPORT 2 0 20 / CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT