The National University of Singapore (NUS), Alibaba Cloud, and issuer of Contactless e-Purse Application (CEPAS) compliant cards EZ-Link, signed a Memorandum of Understanding today (16 January 2017) to collaborate and boost Singapore's smart computing and data-driven capabilities.
The collaboration will bolster NUS' data science curriculum and pave the way for a pilot data analytics project with EZ-Link, the three organisations said in a joint press release. It will also help build local information technology (IT) talents, meet enterprise demands, and support the research and development of advanced technologies in the big data era.
Alibaba Cloud will contribute US$500,000 in cloud credits towards the use of its cloud platform and data centres by students and researchers from NUS for academic and research purposes. IT experts from Alibaba Cloud will also offer hands-on lessons on the use of Alibaba Cloud's platform for NUS staff and students.
In addition, NUS and Alibaba Cloud will collaborate in the areas of cloud computing, big data analytics, artificial intelligence, cybersecurity, quantum computing, and interactive digital media. The two organisations will also identify opportunities for joint research projects and information exchange.
The partnership provides a platform for all three organisations to work collectively on harnessing data and translating it into ready-to-implement solutions ,which will positively impact Singaporeans and businesses.
Alibaba Cloud and NUS are currently working with EZ-Link to analyse card usage patterns across the EZ-Link card schemes, service touch points and customer segments. The aim is to improve customer experience and create better services via real-time insights.
"The partnership with Alibaba Cloud and EZ-Link further demonstrates the close collaboration between academia and industry in solving real-world problems, and will help contribute towards a future, cashless Singapore," said Professor Ho Teck Hua, NUS Deputy President (Research & Technology).
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