Singapore Bolsters Business Analytics Industry by Developing Talent
Strategic partnership between SAS and Institute of Higher Learning cements SAS's commitment to invest and jointly develop local business analytics industry
Singapore (May 26, 2011) – SINGAPORE (May 26, 2011) – SAS, a leader in business analytics software and services, today forged a strategic partnership with four members of Singapore's Institutes of Higher Learning (IHL) aimed at increasing the skills, resources and competencies in Business Intelligence (BI) and Business Analytics (BA) in Singapore. These collaborations allow SAS to enable the IHLs by providing the necessary know-how, technologies and alignment with what the industries need. The first phase of this collaboration includes Singapore Management University, National University of Singapore Business School, Nanyang Polytechnic, and Republic Polytechnic.
(From left to right) Lai Poh Hing, Nanyang Polytechnic, Steven Miller, Singapore Management University, Bill Lee, Managing Director of SAS Singapore, Fong Yew Chan, Republic Polytechnic, Bernard Yeung, NUS Business School.
"Today's MOU signing reinforces our commitment to work with the government, industry stakeholders and IHLs to develop a sustainable business analytics eco-system. We aim to solidify Singapore's position in this region as a hub for advance analytics capabilities with a strong knowledge work force. To do this, we need to build stronger collaboration between the three parties. This win-win partnership is a significant milestone for the Business Analytics community in Singapore as we look to deepen competencies in Business Analytics and inject the industry with a continuous pool of talent," said Bill Lee, Managing Director of SAS Singapore
Business Analytics has been selected as one of the key focus areas by the Infocomm Development Authority of Singapore (IDA) which will strengthen the development of information and communication technology skills that are critical to Singapore's economic growth.
The MOU signing between SAS and the IHLs is a crucial step in advancing this agenda by providing students and faculty staff with training, scholarships, SAS's BI and BA solutions and internship opportunities. This complements SAS's certification program aimed at countering the shortage of skilled advanced analysts in Singapore.
"Analytics is emerging as an important competitive differentiator for business in today's ICT-enabled world. Having the appropriate structure and relevant skills are critical ingredients for success for any enterprise that chooses to embrace analytics. IDA is pleased to announce that we have added the job roles and competency areas for business analytics under the National Infocomm Competency Framework (NICF), in consultation with our industry partners. We applaud SAS for being the first to establish an extensive training collaboration with the IHLs. This arrangement is a complement to IDA's new four-year manpower development roadmap, MDEV 2.0, which aims to develop Singapore's local infocomm workforce for high-end, high value-add jobs to meet the evolving industry needs", said Mr Andrew Khaw, Senior Director of Industry Development Group of the IDA.
Among the cutting edge developments arising from the collaboration between SAS and SMU is a SAS Advanced Analytics Lab (SAAL) for students and faculty of the university. The facility will offer students and faculty hands-on experience with SAS solutions and access to SAS experts. The collaboration also makes provisions for facilitating student training, scholarships, and internships, as well as for continuing education and training for industry professionals. The new SAS Advanced Analytics Lab builds on the success of the SAS Enterprise Intelligence Laboratory at SMU which was set up in 2008.
"The new SAS Advanced Analytics Lab at SMU will enable us to accelerate and expand our efforts to get students working with Business Analytics applications in the context of real-world business scenarios and data sets. Students enrolled in SMU degree programmes, as well as working professionals who will enrol in our Continuing Education and Training Programmes, will benefit from the way SMU and SAS work together to create highly interactive learning labs and living cases," said Steven Miller, Dean of SMU's School of Information Systems. "Our approach to education is especially innovative and relevant in that it combines the real-world business scenario, real data, and hands-on usage of analytics applications. We teach our students about the enabling technology and IT systems that make this all work, and about the end-to-end enterprise processes and architecture required to implement and sustain business analytics in company settings"
Today's signing ceremony took place at Business Analytics 2011, a two-day SAS forum event where business users, experts and industry leaders met to exchange knowledge and experience on business analytics.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world
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