{"id":84758,"date":"2026-09-14T06:03:03","date_gmt":"2026-09-13T22:03:03","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=84758"},"modified":"2026-09-14T06:03:03","modified_gmt":"2026-09-13T22:03:03","slug":"picos-1m-ai-push-to-improve-singapore-mice-event-roi","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=84758","title":{"rendered":"Pico&#8217;s $1m AI push to improve Singapore MICE event ROI"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p data-testid=\"article-description\">Experiential events firm Pico is putting $1 million into AI capabilities, and its new Innovation Centre will trial ways to personalise events and prove they are worth the spend<\/p>\n<div data-testid=\"article-body-container\">\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">THE exhibition floor was busy. Meetings ran back to back. Thousands of visitors moved through the exhibition hall. By conventional measures, the event was a success.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">But once the crowds have gone, the more difficult questions begin: Who was genuinely interested? What caught their attention? Which conversations are worth pursuing?<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Those are questions that attendance figures alone cannot answer. Increasingly, AI can help fill in the gaps.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">By tracking and analysing visitors\u2019 engagement patterns in real time, AI can give organisers a clearer picture of what people are responding to, help tailor experiences around their interests and identify interactions that may warrant follow-up, says Lim Kian Meng, senior vice-president of operations for Asia Pacific at <a class=\"text-bt-blue-500 underline hover:text-bt-blue-600\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/pico.com\/en\" target=\"_blank\" rel=\"noopener\">The Pico Group<\/a>, a home-grown brand activation specialist present in 38 cities.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cAs event organisers across the region invest in AI, the differentiator will increasingly be how effectively organisations deploy the technology for improved engagement and measurable business outcomes,\u201d says Lim.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Yet the value of AI does not lie in adding technology at every turn.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The opportunity, Lim says, is to identify where it can make an attendee\u2019s journey more useful \u2013 whether by helping someone find the right session or business contact, or giving organisers a clearer picture of what audiences respond to.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Pico starts by looking at the attendee journey as a whole \u2013 from discovery and registration to on-site engagement, networking and post-event follow-up \u2013 then works out where AI can improve the experience.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cWe start with the experience, not the technology,\u201d Lim points out. \u201cWe focus on combining AI with our decades of experience understanding the attendees\u2019 journey in large-scale events.\u201d<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">At the SG60 Heart&amp;Soul Experience, a showcase delivered by Pico, visitors first imagined different versions of their future in Singapore. Generative AI was then used to turn their conversations and choices into personalised stories, so each visitor\u2019s journey would unfold differently.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Those interactions gave organisers a real-time view of which themes and choices were drawing the most interest.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cThe data gives us live insights. We can then improve the event design and engagement strategies based on the patterns and the data we receive,\u201d Lim says.<\/p>\n<h2 class=\"-tracking-5 mb-4 md:mb-6\" data-testid=\"heading-component\">Getting more value from AI in MICE<\/h2>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The quest for a two-way exchange points to a broader shift happening across the meetings, incentives, conventions and exhibitions (MICE) industry, where AI is becoming a strategic priority.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Attendance figures, surveys and anecdotal feedback have traditionally been used to gauge an event\u2019s success. Corporate buyers, however, increasingly want richer data on audience engagement and a clearer view of what their event spending delivered, says Lim.<\/p>\n<div class=\"whitespace-normal mb-4 md:mb-6\" data-testid=\"article-inline-image-component\">\n<figure class=\"table w-full\"> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/businesstimes\/f2ec42d9b127ebfade6028eb7f4d5926947df608218b71b609829723bd1885c5\" alt=\"\" height=\"760\" width=\"1140\" class=\"block max-w-full w-full\"\/><figcaption class=\"m-0 mt-1 p-0 text-3xs text-gray-600 table-caption caption-bottom\">Visitors to The Albatross File, a permanent exhibition delivered by Pico, can explore Singapore\u2019s journey from merger to separation through interactive digital exhibits, including an AI-powered chatroom. <span>PHOTO: PICO<\/span><\/figcaption><\/figure>\n<\/p><\/div>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">AI, he adds, can help connect those signals, surface patterns or make recommendations at a speed and level of personalisation that manual analysis cannot.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">The shift is already reflected in client demand. According to Pico, 30 to 35 per cent of its clients are now seeking AI-enabled, measurable event experiences \u2013 a significant change from five years ago, when such demand was negligible.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Says Lim: \u201cMany organisations are exploring applications, such as visitor analytics, automation and personalisation, because AI is able to create that personalised experience.\u201d<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">It is why the group aims to integrate AI-enabled solutions into 25 per cent to 30 per cent of its projects by 2030, driven by what it describes as \u201cstrong market interest\u201d in more measurable, data-driven event experiences.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Lim says that client demand for data-driven event measurement has increased by 20 per cent over the past two years.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">In late July, the company set up a $500,000 Pico Innovation Centre at its headquarters in Kallang to test new ways of improving event experiences.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">It partnered with global professional services firm Accenture to provide the AI platforms, data and analytics infrastructure, and enterprise-grade technology solutions underpinning the centre.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Lim says the centre is a \u201cfuture playground\u201d where its designers can work with clients and technology partners to explore how emerging technologies can be applied to real-world event scenarios.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">By testing and refining solutions in this environment, Pico can assess their usability, security and user experience before rolling them out at large-scale public showcases, exhibitions, conferences and other MICE events.<\/p>\n<div class=\"whitespace-normal mb-4 md:mb-6\" data-testid=\"article-inline-image-component\">\n<figure class=\"table w-full\"> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/businesstimes\/7370188bf54debe17a69fd29ce798a7555c65b614026ab2e33cd165e42afb55b\" alt=\"\" height=\"760\" width=\"1140\" class=\"block max-w-full w-full\"\/><figcaption class=\"m-0 mt-1 p-0 text-3xs text-gray-600 table-caption caption-bottom\">Pico is working with Accenture to develop AI-enabled solutions for MICE events, complementing its decades-long event expertise with Accenture\u2019s capabilities in AI, data and digital technologies. <span>PHOTO: PICO<\/span><\/figcaption><\/figure>\n<\/p><\/div>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">But Lim sees three challenges ahead: client readiness, data governance and security, as well as the skills needed to make effective use of AI.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">He says organisations need to know what business objective AI is meant to serve, rather than add a chatbot or avatar simply because it is the latest technology fad.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Once that purpose is clear, organisations need to consider what data AI will draw on and how that data will be managed.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">This is especially important for financial institutions, where the use of customer data comes with tighter requirements around privacy, regulatory compliance and controls over how AI systems behave.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Addressing these regulatory and compliance demands requires building tight data governance frameworks before any event goes live.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Even with those safeguards in place, AI is only as useful as the people interpreting and acting on what it produces.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Organisations also need people with data literacy skills and operational knowledge to interpret what AI produces and use those insights to improve how an event is planned and run.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cTechnology alone cannot create value. It is the people who know how to apply AI effectively that make the difference. This includes building strong data literacy so that teams can integrate AI solutions meaningfully into the client experience,\u201d Lim notes.<\/p>\n<h2 class=\"-tracking-5 mb-4 md:mb-6\" data-testid=\"heading-component\">Investing for the long haul<\/h2>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Pico\u2019s longer-term investment is therefore on human capabilities as much as technology.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Pico plans to invest $1 million to build its AI capabilities. The spending will go towards talent and training, stronger data literacy across its teams, technology partnerships and AI-enabled solutions for MICE clients.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Lim says Pico\u2019s priorities are to build its AI talent pool, expand its network of technology partners, scale proven AI solutions with clients and roll these out across the group.<\/p>\n<div class=\"whitespace-normal mb-4 md:mb-6\" data-testid=\"article-inline-image-component\">\n<figure class=\"table w-full\"> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/businesstimes\/5ed07784e9d4d1636caa811f7274bcec7ea6107384d423e356c4d545a823d7ab\" alt=\"\" height=\"760\" width=\"1140\" class=\"block max-w-full w-full\"\/><figcaption class=\"m-0 mt-1 p-0 text-3xs text-gray-600 table-caption caption-bottom\">The Pico Innovation Centre brings together its teams, clients and technology partners to test AI applications before they are deployed at live events. <span>PHOTO: PICO<\/span><\/figcaption><\/figure>\n<\/p><\/div>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Pico is investing in these capabilities at a time when Singapore is also looking to grow the scale and value of its business events sector.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Under Tourism 2040, the <a class=\"text-bt-blue-500 underline hover:text-bt-blue-600\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.stb.gov.sg\/about-stb\/what-we-do\/tourism-2040\/\" target=\"_blank\" rel=\"noopener\">Singapore Tourism Board aims to triple MICE tourism receipts by 2040<\/a>, as overall tourism receipts are projected to reach $47 billion to $50 billion.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">With a potential Downtown MICE Hub set to expand the city\u2019s capacity for business events, the industry will play a vital role in Singapore\u2019s tourism economy.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">As the sector grows, delivering greater value and measurable impact from every event will become increasingly important.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">\u201cThe real opportunity with AI is not to make events more high-tech,\u201d Lim says. \u201cIt is to make every interaction more relevant, and give businesses a clearer understanding of what those interactions achieved.\u201d<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\"><em><a class=\"text-bt-blue-500 underline hover:text-bt-blue-600\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/pico.com\/en\" target=\"_blank\" rel=\"noopener\">Learn how Pico can help create more responsive, data-driven MICE experiences.<\/a><\/em><\/p>\n<div class=\"whitespace-normal mb-4 md:mb-6\" data-testid=\"article-inline-image-component\">\n<figure class=\"table w-full\"> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/businesstimes\/c87fa67db795dcfbdb31788976f9c9f48c6d3889cf4b8fe7f02b43cd4f9ce1a5\" alt=\"\" height=\"324\" width=\"763\" class=\"block max-w-full w-full\"\/> <\/figure>\n<\/p><\/div>\n<\/div>\n<p><br \/>\n<center><br \/>\n<br \/><a href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/pico-1m-ai-push-singapore-mice-event-roi\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><br \/>\n<center\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Experiential events firm Pico is putting $1 million into AI capabilities, and its new Innovation Centre will trial ways to personalise events and prove they&#8230;<\/p>\n","protected":false},"author":1,"featured_media":84759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-84758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/84758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84758"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/84758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/84759"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}