Consulting specialist Accenture has set up a Singapore-based R&D analytics centre in collaboration with the government agency Economic Development Board (EDB).
Called Accenture Analytics Innovation Center (AAIC), the centre will focus on developing the use of analytics in services related to areas such as education, health, procurement, public safety, resource utilisation, smart grids, transportation and workforce effectiveness.
"Companies want to use analytics to extract value from their masses of data. The Accenture Analytics Innovation Centre leverages Singapore's talent and leading edge IT infrastructure to help companies translate information into insights, and deliver new value and improved performances for their businesses," said Jayson Goh, executive director, Infocomms & Media, Singapore EDB.
In the area of workforce effectiveness, the centre can conduct research work on analytics to help government agencies improve executive decision making about the workforce, monitor the effectiveness of training and HR programmes, reduce workforce costs, increase employee productivity, effectively manage employee compensation, improve retention and also reduce IT and human resources reporting workloads.
And in the area of public safety, the centre is able to identify the analytics capabilities required to detect high risk population segments for targeted interventions, including through the use of preventive education and active citizen engagement.
"We believe that the intellectual property output from the centre will enable a number of breakthrough solutions for our clients that will positively impact the lives of Singapore citizens," said Teo Lay Lim, managing director, Accenture Singapore and ASEAN.
"Based on our strong relationships with the Singapore government, global multinational corporations as well as leading local companies, we look forward to serving the needs of our broad client base through the unique analytical skills housed at the centre - one that we see as being a genuine hub for research and innovation," Teo added.
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