Software developer SAS recently forged a partnership with Singapore's Temasek Polytechnic (TP) to jointly develop more local talent for the business intelligence (BI) and analytics IT business.
The two entered a Memorandum of Understanding that will directly benefit students of TP's students enrolled in the Diploma in Business Intelligence & Analytics, which will open next year. The goal is to prepare the TP students for organisations looking to adapt BI and analytics in their operations.
Under the partnership, TP will open a TP-SAS Business Intelligence & Analytics Centre where students and faculty can use SAS solutions and gain access to SAS experts. The TP facility is the second analytics centre for SAS in Singapore but the first for a polytechnic, said SAS. Singapore Management University is hosting the SAS Advanced Analytics Lab.
The partnership aims to also build resources and capabilities to build an ecosystem of BI and analytics in Singapore.
"This strategic partnership between SAS and TP reinforces our commitment to work with Singapore's institutions of higher learning to develop a sustainable business analytics ecosystem," said Bill Lee, country manager, SAS Singapore. "Today, organisations are facing a skill-set gap with analytics talent. Our partnership with TP will deepen competencies in business analytics and inject the industry with a continuous pool of talent."
TP students are already using analytics to help solve everyday business challenges. With the partnership with SAS, the students will learn how to best use analytics to predict business outcomes.
The MoU also includes different projects involving some real-life use of BI an analytics. An example of a project is aimed at helping students decide what programme they would like to pursue in any of the five polytechnics in Singapore. Another project can help job seekers look for appropriate employment in Singapore based on their interest, skill requirements and workplace location.
Boo Kheng Hua, principal & CEO, Temasek Polytechnic, said TP students are already showcasing how smarter decisions can be made using business analytics.
"The launch of the centre is timely as it will support the curriculum for TP's new Diploma in Business Intelligence & Analytics which will take in its first batch of students in 2012. TP is pleased to collaborate with SAS to equip our students with industry-relevant skills and experience in business intelligence & analytics," Boo added.
The new course in TP was developed to address the growing industry demand for talent with business analytics training. The course will also provide training for faculty and staff, and complement SAS' certification programme in Singapore.
Singapore has set its sights to develop business analytics, making it one of the focus areas of the Infocomm Development Authority of Singapore (IDA), the agency supporting and developing the local ICT industry. Singapore sees business analytics as one of the developments in ICT that is critical to the country's economic growth.
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