Singapore to Take Lead in High Performance Analytics with New Centre of Innovation

SAS, the leader in business analytics software and services, is establishing a High Performance Analytics Centre of Innovation in Singapore that is supported by the Infocomm Development Authority of Singapore (IDA). In anticipation of a surge in global demand for real-time High Performance Analytics capabilities, the new Centre will develop, market and deploy innovative applications and help to position Singapore as a global leader in High Performance Analytics. The Centre will be the first of its kind in Asia.

"Singapore's forward-looking recognition of the importance of business analytics in fuelling innovation will help make it Asia's leading centre of High Performance Analytics. This brings with it economic advantages for Singapore," said SAS founder and CEO Jim Goodnight (bio), who was described by Forbes as the "King of Analytics." Goodnight participated in a ceremony here with the IDA to announce the new Centre of Innovation.

SAS has been working closely with IDA on High Performance Computing since June 2010. Data and Analytics has been identified as one of IDA's key focus areas because of its role in strengthening the information and communication technology sector that is critical to Singapore's economic growth.

"Data & Analytics is becoming a key driver of economic growth and competitiveness. IDA is pleased to work with SAS to establish its first Asia High Performance Analytics Centre of Innovation in Singapore. The Centre's role of training Infocomm professionals on Data & Analytics, and generating intellectual property through co-development with institutes of higher learning and Singapore infocomm enterprises, will contribute to building critical industry and manpower analytics capabilities in Singapore," said Mr Ronnie Tay, CEO, Infocomm Development Authority of Singapore.

"Today's announcement of the first High Performance Analytics Centre of Innovation in Singapore reinforces our commitment to work with the government to cultivate a world class business analytics ecosystem here," said Bill Lee, Managing Director of SAS Singapore. "Through efforts such as this new Centre of Innovation, SAS aspires to transform Singapore into a High Performance Analytics leader."

Recently, SAS has seen its customers change their approach to data with High Performance Analytics. With organisations today constantly seeking new and more effective ways to analyse data and make decisions based on huge volumes of data, SAS, together with the support of IDA, will help companies reap significant business benefits as they gain insights from data in real time.

The High Performance Analytics Centre of Innovation was announced at The Business Intelligence & Analytics Forum, an event taking place today at which business users, experts and industry leaders meet to exchange knowledge and experience on business intelligence and analytics.

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