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Summit underscores relevance of BI in business

Veronica C. Silva | Oct. 1, 2012
BI is one of recent technologies that drives today’s enterprises, says AP summit organiser.

With business intelligence (BI) as one of the top technologies currently shaping today's enterprises, a recent regional summit served as a venue for enterprises to gather more information about this latest technology.

At the GSTF Business Intelligence Asia Pacific Summit 2012 held recently in Singapore, businesses and academicians shared best practices and experiences in adopting BI in the enterprise.  

Anton Ravindran, president of Global Science and Technology Forum (GSTF), the summit's organiser, said that aside from cloud computing and mobile applications, BI is one of the three leading IT developments that is expected to have an impact on existing business models.

The summit was an opportunity for companies and universities to share their best case studies on the adoption of BI. Five case studies were presented by BI Awards Finalists, while 61 experts in BI presented at the two-day summit held last month. The presenters were from both industry and the academe.

The five case study finalists were from three companies from Singapore -- the Singapore Health Services, Tetra Pak Global Information Management, National Healthcare Group Polyclinics, -- and two companies from India, one of which was NIIT Technologies.

Case studies  

The finalists shared with participants who BI helped their companies reduce costs, increase productivity and made their operations more efficient and effective.

The finalists were judged by a panel guided by the following criteria: the level of understanding of BI, the extent of the adoption of BI and how BI served in terms of innovation and inspiration.

The Singapore Health Services was named BI Awards winner, while the National Healthcare Group Polyclinics was declared a runner-up.

Speaking on the importance of BI in the healthcare sector, Benedict Tan, Group CIO, Singapore Health Services, said: "Analytics has to support faster and more efficient decision making across many specialties and divisions, and drive tangible cost efficiencies, improved treatment and patient outcomes, and innovation."

The Global Science and Technology Forum promotes inter-disciplinary research and development. It is part of several networks of universities worldwide and has in its committees academics from across the globe, including from leading institutions and companies such as Oxford University, Cambridge University, University of California at Berkeley, Carnegie Mellon University, Princeton, Purdue, National University of Singapore, NTU, SMU, IIT, IIIM, IBM labs, HP labs, among others. 

 

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