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23-05-2017
ASEAN and UN discuss regional economic cooperation

A high-level policy dialogue on regional economic cooperation and integration in support of the 2030 Agenda for Sustainable Development (SDGs) was convened during the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) on 18 May 2017 in Bangkok.During the dialogue, Dr. Shamshad Akthar, Under Secretary-General of the United Nations and the Executive Secretary of UN ESCAP underlined that “the deepening of the Regional Economic Cooperation Integration (“RECI”) will help accelerate the progress of the SDGs”. RECI addresses four main aspects namely:  (i) an integrated market (ii) seamless connectivity (iii) financial cooperation  (iv) shared vulnerabilities and risksReflecting on the 50th anniversary of ASEAN, Deputy Secretary-General for Socio-Cultural Community Vongthep Arthakaivalvatee, highlighted the priorities of ASEAN in two areas: people-oriented, people-centred development and ASEAN’s resiliency.ASEAN has prioritized the people in its development and as ultimate beneficiaries of regional economic cooperation and integration, particularly the free movement of skilled labour. It also promotes inclusive economic growth that benefits everyone in the region, effectively addressing pockets of poverty and marginalization. DSG Vongthep emphasised the need to get the youth ready through more investment in “soft” infrastructure development such as education, science and technology.As a region that is prone to natural disasters, it is important for ASEAN to focus on building community resilience as a means to respond, adapt and build back better after external shocks and disasters. DSG Vongthep underscored the enhanced role of ASEAN in this regard, including its willingness to work with external partners to respond to disasters outside of the region.In parallel to this process, ASEAN recognises the importance of synergies and promoting complementarities between the ASEAN Visions 2025 and the UN 2030 Agenda for Sustainable Development. ASEAN, under the leadership of Thailand as the Country Coordinator of ASEAN in SDGs, conducts a series of high-level activities to enhance the synergies between ASEAN Visions 2025 and the SDGs.    Caption: Source: asean.org

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23-05-2017
CMO Innovation Summit 2017 comes to Singapore and Hong Kong

The role of the CMO today is no longer limited to marketing initiatives. Increasingly, they are expected to be a strategy leader, facilitate the adoption of innovation, and to bring about a digital transformation in their organizations.This puts senior marketers in the hot seat to collect and analyze data across multiple channels and touchpoints, understand customers better, and design and deliver authentic brand experiences in a highly-digitized world. At the same time, they must also align people, processes and technology to ensure initiatives have what they need to succeed.Drawing from the success of the inaugural CMO Innovation Summit held in Hong Kong last year, the 2nd CMO Innovation Summit aims to deliver practical knowledge to equip and empower CMOs and marketers in Asia to seize internal and external opportunities for business success.The 2nd CMO Innovation Summit is held this week in two different locations:One Farrer Hotel & Spa in Singapore (Wednesday), and The Mira in Hong Kong (Friday)This year, we welcome 200 CMOs and senior marketing executives at each location, with delegates from leading brands in the region such as Adidas, Zalora, Resorts World Sentosa, The Body Shop, Ocean Park, Cathay Pacific Airways – among many others.You can access the event sites for the itinerary for Singapore here and Hong Kong here. Caption: Image credit: Questex Asia

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22-05-2017
Kathrein opens customer experience center in Bengaluru

German communication technologies firm Kathrein has opened a new office in Bengaluru in a bid to strengthen the company’s presence in India and the Asia-Pacific region. “Kathrein’s Regional Customer Experience center will provide the technical competency required to support Kathrein's growth plans in the Asia Pacific region. In addition to design, testing, and diagnostic capabilities that the center hosts, software development and service operations and management capacity are part of our expansion plans. The intention is to provide a complete set of capabilities to enable lifecycle performance assurance across connectivity, intermediating and application levels,” says Ashwini Bakshi, Managing Director, Region APAC & India. at Kathrein Group. Known as one of the oldest communication technology manufacturers, Kathrein makes a range of equipment - cellphone towers, satellite reception system, TV broadcast antennas broadband technology, mobile communication amongst others.  Adds Bakshi, “We have 17 Kathrein employees, part of the launch at the moment. The number of employees is expected to grow to 25-30 in the near future and further expansion will be considered in line with our business growth. This team will be at the core of the overall end-to-end capability Kathrein represents which includes partnering companies such as SIs, complementary capability providers, service companies and site fabrication partners. The solutions on offer will be around Inbuilding Coverage through Active DAS, building digitisation and IoT.” The company offers innovative products and solutions in field of Communications and Iota. Says Bakshi: "Our products are on the cutting edge of RF technology such as 5G. We also focus on customer needs and offer solutions like K Bow which is a product offering an Active DAS (Distributed Antenna System) platform for multi operator coverage in a building and smart city with high capacity and coverage needs. We also offer similar products for the Infotainment industry. Kathrein also offers high quality RFID products and IoT platform which integrates with various devices to provide seamless data visibility under multiple industry use cases. One of the innovative solutions from Kathrein has been around “Street Connect” which is a camouflaged Antenna for street level coverage. The Regional Customer Experience Center at Bengaluru will test and showcase various industry use cases.

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22-05-2017
S’pore companies urged to prepare for potential terror attacks

More than 80 representatives from the 14-member Bedok Safety Group (BSG) witnessed a simulated terror attack that played out recently at the premises of Panasonic Appliances Refrigeration Devices Singapore.The simulated attack involved an intruder who rode past the factory entrance and threw a Molotov cocktail into its Liquid Petroleum gas (LPG) storage area. This caused an explosion that led to a fire.The exercise tested the response capabilities of Panasonic’s Company Emergency Response Team (CERT).The CERT demonstrated ability to render first aid to the injured and mitigated the fire before the arrival of the Singapore Police Force (SPF) and the Singapore Civil Defence Force who secured and managed the scene.This exercise showcased the growing importance of the SGSecure movement at workplaces, which are not spared from the threat of terrorism.Terror attacks have the potential to disrupt business continuity and severely affect employees’ morale. It is important that employers are aware of how to prevent and respond to such attacks.“The threat of terrorism is very real. Workplaces and their employees need to be prepared to handle such crises and recover quickly from it. During peacetime, we should take the opportunity to enhance our response plans, address all possible gaps and share best practices among the community of like-minded organisations. We must also strengthen the cohesiveness in our workforce so that we can continue to preserve our strong sense of unity in the face of terror attacks.” said Steven Tan, Chairman of BSG, a voluntary workgroup made up of 14 member companies with interest in safety.“We have always made it a point to keep our SOP (standard operating procedure) robust and this exercise serves as a great opportunity to experience the action first-hand. Witnessing the “terror attack” unfold before our eyes will enable us to take note of areas which we may not have considered before. At Panasonic, we aim to identify any operational gaps and strengthen counter-terrorism efforts by proposing security initiatives which can be implemented to enhance workplace safety and safeguard the community,” said Mohamed Shahril Bin Hj Jaffer, Manager of plant engineering, environment, health and safety at Panasonic Appliances Refrigeration Devices Singapore.Raising Preparedness of WorkplacesThe Ministry of Manpower urges employers to be part of the SGSecure movement and plan for business continuity to mitigate any potential disruptions and recover more quickly when an incident strikes.Premise owners can take steps to protect their premises by installing CCTVs, having adequate perimeter fencing and proper access controls.Employers are also encouraged to send personnel for relevant training in emergency preparedness, and to acquire skills such as Improvised First Aid Skills (IFAS), Cardiopulmonary Resuscitation (CPR) and using the Automated External Defibrillator (AED).Such skills are critical to ensure ready assistance are available to affected colleagues till the authorities arrive.Employees should also familiarize themselves with their surroundings, for example, the nearest escape routes, suitable hiding places and locations of first aid provisions, to facilitate their evacuation and self-preservation.

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22-05-2017
1 in 5 job seekers in APAC supply inaccurate information

More than one in five (21.5%) background checks conducted on job candidates in the Asia Pacific region (APAC) in 2016 identified inaccuracies in the information supplied by candidates.This finding was based on the results of background checks performed by HireRight in the APAC region last year.While this discrepancy rate has decreased from the previous year (29%), it remains almost three times higher than the discrepancy rate globally (9.7%).A discrepancy is marked when the information provided by the candidate does not match records of their previous places of employment, education or other relevant organizations and databases.Discrepancies could include a disparity in dates of education or employment, qualifications attained, graduation dates, positions held and job responsibilities.This disparity between APAC and global discrepancy rates may be attributable to the regional difference in maturity of employers’ screening programs.Background screening has long been adopted as a best practice by employers in western countries, while background screening is only more recently gaining traction in APAC, with multi-national corporations spearheading this growth. In fact, the number of candidates screened by HireRight in APAC has grown by 42% from 2015 to 2016.As more APAC employers actively integrate background screening into their talent acquisition processes, and as more high-profile cases of CV fraud in APAC are reported in the media, APAC candidates gradually appear to be becoming more aware of background screening and its impact – resulting in improved candidate accuracy when submitting job applications.According to HireRight’s data, Hong Kong, India, Philippines and Singapore have experienced the largest decrease in APAC candidate discrepancy rates over the last 2 years.SINGAPOREAlmost one in four (24.7%) background checks conducted in Singapore in 2016 contained discrepancies. Singapore’s discrepancy rate remains above the APAC average (21.5%), but has seen a notable decrease from 2015 (28.4%).Surpassing education and employment history discrepancies, professional license discrepancies represented the highest rate in 2016. These checks, designed to confirm that a particular license is held in good standing and has not lapsed or expired, apply to a range of professional occupations, including accountants, engineers, lawyers, auditors and doctors.In particular, one in four (25%) candidates inaccurately reported license information in 2016 – twice as many as in 2015 (13.8%).A possible explanation for this uptick could be that, amidst a slowing economy and a more competitive job market, employers looking to make better informed hiring decisions are extending background checks to include professional licenses, thereby increasing the number of professional license checks being conducted (and discrepancies identified) in 2016.Conversely, the biggest decrease in discrepancies among Singapore candidates was with respect to their education qualifications, with the rate in 2016 (18.3%) less than half that of 2015 (40.9%).With increasing publicity over the last two years regarding the pervasiveness of false degrees issued by diploma mills and employees embellishing their educational backgrounds, perhaps candidates are being more cautious when submitting educational history details.HONG KONGMore than one in five (21.3%) background checks conducted in Hong Kong in 2016 contained discrepancies.However, Hong Kong has seen a significant reduction in discrepancies as compared to 2015 (26.9%), and now sits right around the APAC average discrepancy rate (21.5%).Similar to Singapore, professional licenses represented the highest Hong Kong discrepancy rate in 2016, with more than one in four candidates (27.3%) making inaccurate claims. That said, Hong Kong saw a significant reduction in education history discrepancies (25.2%) as compared to 2015 (34.8%).Similar to their counterparts in Singapore, Hong Kong candidates were most accurate when declaring their employment histories, with only a 10.9% discrepancy rate in 2016.The use of background screening in talent acquisition processes is evidently picking up momentum in the APAC region as more companies recognize the importance of implementing such employment checks to make better-informed hiring decisions. Increased awareness concerning the consequences of CV fraud likely is deterring candidates from misrepresenting their employment histories.Consequently, it is increasingly important that companies conduct regular assessments of their hiring strategy, including their background screening processes, to help ensure they manage people risk as effectively as possible.   

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22-05-2017
Job candidates are in the drivers seat before they even click 'apply'

A global study of nearly 14,000 job seekers shows a shift in the balance of power from employer to candidate – today's job seekers have more information than ever about a company and a position at early stages of the job search process.This is according to new research from ManpowerGroup Solutions, part of ManpowerGroup.Before making career decisions, job seekers are informing themselves on the details most important to them.Results of The Rise of the Well-Informed Candidate, show what really matters to candidates and what they want to know:Compensation and the type of work are the two most important draws for prospective candidates globally. Schedule flexibility and benefits tie as the third most important factors, indicating that lifestyle while on the job is a key consideration for job changers. There is increasing transparency on compensation globally. Nearly half (44%) of candidates know compensation details before applying. In the five markets with year-over-year data, this number has increased by more than 10 percent, which suggests this is a trend on the rise."Easy access to information has changed the way individuals find jobs and jobs find individuals. As organizations across the globe continue to report difficulties filling roles, understanding candidate preferences is critical," said Jim McCoy, Vice President and Global Practice Leader, ManpowerGroup Solutions. "Candidates worldwide want to be able to visualize themselves in an organization. They want to know about compensation and benefits. And increasingly, they identify the company mission, corporate brand, culture and commitment to corporate social responsibility as key deciding factors in making a move. It's time for employers to move beyond the final interview disclosure to being up-front and open and own the conversation."Knowing what matters most to today's job seekers, ManpowerGroup Solutions provides practical advice for companies so they can attract the best candidates:Reach the right talent where they are. Candidates consider company websites to be the number one source of information. Employers must recognize the importance of the content on their website and the potential of their HR portals to build employer brand and increase access to the information candidates are seeking. Be open to new conversations and new ways of having them. To meet the information expectations of candidates, employers should consider being open to sharing more information about their company. This includes more transparency around compensation. Monitor the buzz. It is important for organizations to understand how they are being talked about and perceived on channels they do not own – like social media and employer review sites like Glassdoor. While control is limited, there is always an ability to respond and often, educate.

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21-05-2017
Lazada to leverage SingPost’s regional eCommerce logistics hub

Online retailing platform Lazada has agreed to move its warehouse operations to Singapore Post’s Regional eCommerce Logistics Hub in Tampines Logistics Park. The move allows Lazada and SingPost to leverage on each other’s strengths to meet rising eCommerce demand in Southeast Asia.This combination of strengths in eCommerce and logistics will enable both companies to be in a leading position in the industry to serve a wider spectrum of customers, both in Singapore and the region. This also emphasizes Lazada’s aim to work together with the wider eCommerce ecosystem in Singapore.Lazada CEO Alexis Lanternier believes that the Lazada platform already enables local resellers to reach residents of the city-state. By partnering with SingPost, it will now provide these budding etailers to expand their reach regionally.SingPost Regional eCommerce Logistics Hub consolidates and integrates both warehousing and delivery hub capabilities into one building. With an integrated, end-to-end solution housed in one building, SingPost is able to provide Lazada with improved efficiency, resulting in a faster turnaround time.Sam Ang, Executive Vice President of SingPost, and CEO of Quantium Solutions International said: “Technology plays a big part in our Regional eCommerce Logistics Hub, increasing productivity and efficiency. This collaboration sees Lazada’s eCommerce platform and SingPost’s end-to-end logistics capabilities coming together and it will result in scale and efficiencies for both of us.”“Better still, these efficiencies will help the SME eTailers that are connected with the Lazada platform to strengthen their competitiveness in the eCommerce market domestically and internationally. We look forward to working with Lazada and supporting them as they grow in Singapore,” he added. Caption: SingPost and Lazada to support Singapore retailers' Asian expansion

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21-05-2017
Banks must transform payments to tap IoT opportunities

The Celent report Payments and the Internet of Things: Opportunities and Challenges reported that for Internet of Things (IoT) to deliver on its promise, payments capability will be crucial. As devices and entire platforms (e.g., cars) connect to the Internet, they become conduits for commerce transactions and require payments capability. IoT will change how commerce and transactions are conducted, and in turn will require changes in payments.How can the industry address the challenges and capture the opportunity?IoT represents a big opportunity to deliver on the promise of connected commerce, and payments will be a key enabler. However, Zilvinas Bareisis warned that many challenges need to be addressed first to ensure ubiquity and security of IoT payments. Diverse partnerships are being formed between payments companies, device manufacturers, and various specialist players to enable connected commerce transactions.IoT offers banks more ways to engage the customers and understand them even better, which banks can monetize through cross-selling, better risk and collateral management, and new products.“IoT takes contextual commerce to an entirely new level, as connected devices start facilitating customer orders, orchestrating commerce transactions, and ultimately acting as independent economic agents,” commented Bareisis. “There are many payments and commerce orchestration-related challenges to be addressed, from authentication and security to tailored liability framework. And, as always, creating genuine value for customers, rather than doing something just because technology is available, will be what differentiates successful banking IoT propositions from expensive failures,” he added.Feature photo courtesy of iStockPhoto Caption: photo courtesy of iStockphoto

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21-05-2017
TechOps must keep up with evolving investment market

As investment strategies become more sophisticated, diverse, and under stricter regulatory reporting requirements, operations and technology need to keep up. This is the warning raised by Jay Wolstenholme, a Senior Analyst in Celent’s Securities & Investments practice in the report titled Marching to a Different Beat: Architectures and IT Sourcing Options for Asset Managers.With more than 6,000 global asset managers ranging from $100 million assets under management (AuM) to $4.5 trillion AuM, firms have diverse investment mandates and objectives. Their portfolio investment tools need to properly match the analytics, monitoring, trading, and portfolio management capabilities required for investing and effectively reporting to clients and regulators.The easy trap for asset managers to fall into is not accurately matching operations and technology to their actual business and investment requirements.It is fair to say that the asset management business has historically underinvested in technology, but has been able to survive because of decent returns. This is no longer the case, and asset managers realize they need to upgrade, but now the trick is not to be undersold or oversold.Once the decision is made that reengineering is a business necessity, the choice then turns to how to source and implement it. This is where the buy side has a great advantage through web hosting, cloud options, and superior technology. Capital costs can be reduced by use of annual licensing pricing plans, and asset managers can access secure, best-of-breed, and cost-effective solutions.“As asset managers diversify investments and strategies become more sophisticated and under stricter regulatory reporting requirements, operations and technology need to keep up if firms are to stay in the competition,” said Wolstenholme (photo right).Feature photo of iStockPhoto Caption: photo courtesy of iStockphoto

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20-05-2017
Bambora ups fraud management capability to meet e-commerce in ANZ

According to the eCommerce Foundation report “Australia B2C E-commerce Report 2016” in 2015, over 76% of Internet users 15 years and above are online shoppers.According to Roy Morgan Research Australians spent an estimated A$41.3 billion online during the last financial year, up from $37.8 billion a year ago (a rise of 9.25%).Corinne Franks, General Manager of the National Online Retail Association (NORA) listed three areas where the organization anticipates to see transformation in the new era of retail: joining up channels to support holistic brand experiences, streamlining the supply chain to optimize delivery and inventory transparency, and innovations in payments.As consumer shopping behaviors and expectations are changing, Bambora plans to support merchants with customer-centric solutions that reduce complexity in online, mobile, and point-of-sale payments.To this end the Swedish payment service provider is upgrading its fraud management capabilities with ACI Worldwide’s ReD Shield, part of the ACI UP eCommerce Payments solution.By integrating ReD Shield, Bambora’s merchants can protect Commerce payments with real-time fraud prevention, and gain ongoing visibility into rich payment transaction data for effective fraud detection. Expert risk analysts support merchants by working closely with them to fine-tune their fraud strategy, improving acceptance rates, while limiting fraud losses."Fraud management is a key issue for merchants in Australia and New Zealand,” said Phillip Finnegan, general manager, Australia and New Zealand, ACI Worldwide. “Bambora possesses a great understanding of the merchant sector, and is addressing this issue head-on, which is why they are utilizing ACI ReD Shield. With ReD Shield, Bambora’s merchants will benefit from the platform’s actionable data and metrics, as well as the expert backing of our local risk analysts who understand fraud trends in these markets.”Dominic White, managing director, Asia Pacific, Bambora note that “We’re committed to enabling merchants to thrive, by providing simple and scalable payment solutions, regardless of the channel used to complete the payment. While we all strive for payments simplicity, merchants also need to be backed by fraud management solutions that are reliable and responsive to evolving fraud patterns.”Feature photo courtesy of iStockPhoto

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20-05-2017
Singapore tops the list for use of e-payments

Eighty-seven percent of Singaporeans prefer to make electronic payments, as opposed to using cash, according to a new study announced earlier this week, putting the city state right at the top of the list in Southeast Asia.More using cardsBased on the 2016 Visa Consumer Payment Attitudes survey, 48 percent of respondents admitted to having more payment cards in their wallets now, compared to five years ago.The main reasons for not carrying large amounts of cash include an increased habit of using payment cards, mobile wallets and contactless cards. Just over half of these respondents also said they believe card usage is safer than cash.In a sign of things to come, two thirds said they would like payments to be fully automated, doing away with the physical process of paying for a product or service, while another sixty percent are also comfortable with the use of biometrics such as fingerprinting and face recognition for payment authentication.“Singapore is a developed market where more than 60 percent of all transactions are made electronically. However, this means that around 40 percent of payments in Singapore are still transacted using cash and checks, presenting a significant opportunity for cash displacement,” said Ooi Huey Tyng, the country manager for Singapore and Brunei at Visa.More work remains to be doneOn positive note to marketers in the midst of implementing cutting edge e-payment solutions, 68 percent of respondents shared that they are using electronic payments through their mobile devices and wearables more often – and moving away from cash.A completely cash free society is still some way off in Singapore however, despite the positive payment habits and sentiments towards electronic payments. Indeed, Ooi her acknowledged that “certain segments” such as hawker centers, food courts and wet markets in Singapore continue to be heavily cash-based.“Hence, it is important for the industry to work closely together to introduce new digital solutions to convert cash in these segments, so that Singapore can become truly cashless,” she said.Further reading:The case for building your own online storeThe science of building an e-commerce giantTime for digital payments, e-commerce to prosper in India Caption: Image credit: iStockphoto by Getty Images

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19-05-2017
Marketing automation to reach US$7.3B by 2025

The marketing automation marketing is becoming hugely lucrative.According to Grand View Research report, the global industry will be worth US$7.63 billion by 2025.Firms looking to become more efficient by automating laborious tasks will spur this growth, said the report titled "Marketing Automation Software Market Analysis By Solution (Campaign Management, Email Marketing, Inbound Marketing, Mobile Applications, Lead Management, Reporting & Analytics, Social Media Marketing), And Segment Forecasts, 2014 – 2025".These include emails, social media, and other website functions.Marketing automation software offers marketing teams the ability to save time, costs and efforts while building quality leads and driving marketing campaigns. Not surprisingly email marketing segment was the largest in 2015.It accounted for 30% of the total market share during the year.Clouds were the favorite platform for provisioning these software solutions.According to the report, cloud deployment was the most preferred way for deploying the technology in 2015.The segment is predicted to maintain its dominance over the next nine years.Meanwhile, the Asia-Pacific region is expected to experience the highest growth over the forecast period.The report noted that India and China would lead this growth as they "possess a large customer base."The region is expected to grow at a CAGR of 13.5% from 2016 to 2025.The prominent players in the market are Act-On Software, Inc., Adobe Systems, Inc., HubSpot, Inc., IBM Corporation, Salesforce.com, Inc., and Oracle, among others, the report added.M&A activity in this space is slated to reach feverish levels.A large number of vendors are acquiring other players to consolidate their market share and expand their existing portfolio, said the report.Further reading:Don't rule out the power of emailsProgrammatic ad buying becomes people basedHow retailers can take the cake celebrating customers’ birthdays Caption: Image credit: iStockphoto by Getty Images

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18-05-2017
NUS boosts capabilities in AI, data science

The National University of Singapore (NUS) will reposition an existing research institute that conducts interactive and digital media research to give a sharper focus on building strong capabilities and expertise in artificial intelligence (AI), big data analytics. The move will also affect applied research in areas such as augmented reality, virtual reality, Internet of Things and media technologies. In line with this strategic realignment, the former Interactive and Digital Media Institute (IDMI) has been renamed the NUS Smart Systems Institute (SSI).  SSI will be an integral part of NUS’ Smart Nation Research Cluster, which was established in 2016 to support Singapore’s Smart Nat; on Initiative by developing deep and strategic capabilities in data science, optimisation, cybersecurity and artificial intelligence. According to Ho Teck Hua, NUS deputy president (Research & Technology), NUS established the Interactive and Digital Media Institute in 2007 to support the national effort to push the development of interactive and digital media (IDM) technology and industry in Singapore. “Over the last decade, the institute has developed strong capabilities beyond IDM, in many areas in computer science including AI,” said Ho. “It is therefore timely to reposition the institute with a new name and to sharpen its focus for the Smart Nation Initiative.” Ho said this realignment of NUS’ strategic research resources will open up new opportunities for the university to carry out high-impact research as well as develop innovative solutions relating to digital economy and in doing so, improve the quality of life of Singaporeans and the community at large. Located on the NUS Kent Ridge Campus, SSI is home to three international research centres - Keio-NUS CUTE (Connective Ubiquitous Technology for Embodiments) Center; NUS-Tsinghua Extreme Search Centre (NExT); and Sensor-enhanced Social Media (SeSaMe) Centre which is a collaboration between NUS and Zhejiang University of China.  The institute also comprises three research laboratories – Social Robotics Lab, Ambience Intelligence Lab and the Living Lab where extensive sensor research and deployment as well as test-bedding activities are conducted.

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18-05-2017
NEC tries landslide prediction system in Thailand

NEC, in collaboration with Thailand's National Disaster Warning Center (NDWC), has completed a trial for a system that identifies areas where there is danger of a landslide occurring. The effectiveness of the system was confirmed as the trial was conducted in Chiang Mai Province in Northern Thailand during the period from November 2016 to March 2017. In April 2015, Japan's Ministry of Internal Affairs and Communications and Thailand's Ministry of Information and Communication Technology issued a joint statement announcing that the two countries would cooperate in a wide range of areas, including the development of more sophisticated disaster prevention ICT and the use and application of the technologies. NEC conducted this trial in collaboration with the Embassy of Japan in Thailand as part of the "Research and study for the development of a landslide simulator in Thailand" project commissioned by Japan's Ministry of Internal Affairs and Communications. NEC joined NDWC in conducting verification experiments with a flooding simulation system in Uttaradit Province in Northern Thailand between November 2015 and March 2016. The trial reported here is a follow-up to that work.  The landslide prediction system is one of the modules of NEC's "integrated risk management system." The integrated risk management system consists of a shared platform that has functions such as data integration, visualization, and early warning, and disaster modules specialized for particular disasters such as landslides, flooding, and earthquakes. The disaster modules or functions can be selected individually as required, or several disaster modules can be combined in order to predict multiple disasters simultaneously.  The landslide prediction system performs a simulation based on meteorological data (observed rainfall and forecast rainfall), topographical data (elevation values, land use purposes), and soil data (soil depth, hydraulic conductivity, porosity, cohesion force, internal friction angle, etc.), making it possible to predict the degree of landslide danger.

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18-05-2017
TIBCO to acquire data science platform Statistica

TIBCO Software Inc. has entered into an agreement to acquire Statistica, which will augment TIBCO’s analytics product offerings. The deal is expected to add new capabilities aimed at making it easier for data scientists to unlock the power of machine learning and leverage it in a variety of applications, such as those analyzing the often large amounts of data produced in IoT systems. Statistica will enable users to more rapidly uncover insights from source data. It will also become part of the TIBCO Insight Platform to empower a broader audience of business users with these analytical capabilities and allow actions to be triggered in related systems, ensuring insights turn into the best outcomes for the business. Statistica will provide rigorous modeling and validation tools for machine learning and deep learning, resulting in better answers, smarter decisions, and the right actions at the right time. “TIBCO Spotfire, the key driver of the Insight Platform, has always been a pioneer in visual data exploration and analytics, and we are focused on making that technology a smart, one-stop shop for analytics,” said Mark Palmer, SVP of analytics at TIBCO. “We welcome Statistica as an important addition to the analytics team, to help make advanced analytics even more accessible for users of all skill levels.”

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CyberLink Vol.104 April 2017

Cyberport launches new strategic plan to drive digital tech as an economic driver for Hong Kong  

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CyberLink Vol.103 March 2017

Cyberport collaborates with the Government in staging the 2nd edition Internet Economy Summit 2017

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CyberLink Vol.102 February 2017

Cyberport’s popular Career Fair returns on 4 March

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