Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

ThoughtWorks and AI Singapore Sign Memorandum of Understanding

ThoughtWorks and AI Singapore Sign Memorandum of Understanding

Agreement will promote training and further Research & Development in AI and analytics in Singapore

ThoughtWorks, a global software and digital transformation consultancy, and AI Singapore signed a Memorandum of Understanding (MoU) today to promote training, research and development in the areas of analytics and artificial intelligence (AI) adoption, deployment and best practices.

Under the MoU, AI Singapore, a programme launched by the National Research Foundation of Singapore to anchor deep national capabilities in AI, will be able to tap into ThoughtWorks’ technical expertise and approach in software design thinking, engineering practices, agile methodologies, advisory and technical feasibility.

“For centuries, machines have boosted our capacity for work. Intelligent machine learning (ML) and narrow artificial intelligence already make humans smarter at the work we do. As ML and AI mature, humans and machines will focus on their strengths—human experience and intuition, the machines’ ability to process vast quantities of data—and will collaborate together to massively enhance our productivity. It has the ability to unlock new experiences and discoveries in human behaviour, and generate new business opportunities,” said Jessie Xia, managing director of ThoughtWorks for Southeast Asia. “ThoughtWorks has been partnering with companies to build solutions and harness the benefits of AI technology. We are thrilled to be on this journey with AI Singapore to cross share knowledge and resources, and foster greater understanding and development in data analytics and AI.

Under the MoU, AI Singapore will also be able to:

• Leverage ThoughtWorks’ suite of in-house capabilities, design methodologies and software experts to further establish and ground its infrastructure and development methodology in AI systems and analytics
• Develop specialised engineering and training resources to enable the AI community in Singapore
• Contribute to the development of AI Singapore’s programmes such as its 100-Experiments, AI Apprenticeship, Grand Challenges, and other future related projects.

Building partnerships with companies with a strong track record in agile software development such as ThoughtWorks will contribute to the AI ecosystem in Singapore. ThoughtWorks’ vast knowledge and technical experience in this field can help enterprises in Singapore interested in developing AI systems for their businesses create concept proofs that are not only feasible but also commercially viable,” said Laurence Liew, director of AI industry innovation, AI Singapore. “Our mission is to connect Singapore-based research institutions and AI startups and companies. These collaborations will grow the knowledge and capabilities, powering Singapore’s AI efforts forward.”

The MoU signing was held at ThoughtWorks’ Singapore office in China Square Central on July 3rd at 1pm, and was attended by Guo Xiao, global chief executive officer of ThoughtWorks; Jessie Xia, managing director of ThoughtWorks for Southeast Asia; Oliver Plogmann, commercial director, ThoughtWorks Singapore, and Laurence Liew, director of AI industry innovation, AI Singapore.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post