Indonesia’s Bandung Institute of Technology to train students in data analytics
According to Jakarta Globe, Bandung Institute of Technology (ITB) signed a memorandum of understanding (MoU) with data analytics software company TIBCO.
The MoU between ITB and TIBCO aims to expand data analytics capabilities and knowledge as Indonesia pushes to improve the quality of its higher education institutes.
"Digital technology is playing a major role in the country’s economic development, but the growth is currently hindered by a wide gap of data and technology skills. Close collaboration between universities and companies in the industry is essential in imparting expertise," Dean of School of Business and Management of ITB (SBM-ITB) Mr Sudarso Kaderi Wiryono said.
Today, digital businesses gain a competitive edge with consumers when they are able to identify changes in customer behaviour and make timely interventions or personalized offers at the right moment. To do so, businesses are using various data analytics and visualization tools to understand customers and predict their behaviour.
However, it is often difficult to visualize or apply theoretical concepts of data analytics in a classroom setting.
As part of the MoU, the Palo Alto-based TIBCO will provide technological skills to students enrolled at the SBM-ITB through workshops, internships, guest lecturers, seminars, networking sessions and other practice-based training. This will empower students with technological skills essential for their careers after graduation.
"Our collaboration with ITB will provide students the opportunity to apply these concepts in a practical manner. This will also strengthen their ability to explore new business models and deepen their understanding of the data analytics field, as well as the business world,” said General Manager (Asia Pacific and Japan) of TIBCO Mr Erich Gerber, in the company’s press release.
"Together with TIBCO, ITB will train and empower a pool of talented and skilled graduates in the data analytics space, in turn allowing Indonesian businesses to change how customers experience a product or service," said Dean of SBM-ITB.
TIBCO’s Connected Intelligence platform of solutions will be made available for all SBM-ITB students. Those who select the elective will receive hands-on practice with TIBCO tools and support for various data analytic techniques to understand and predict customer behaviour.