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Making intelligence products smarter through working with start-ups in Australia

Making intelligence products smarter through working with start-ups in Australia

Four finalists have progressed onto the feasibility study stage of the joint AUSTRAC-ACIC challenge in the Business Research and Innovation Initiative (BRII) program, which forms part of the National Innovation and Science Agenda.

The following four start-up businesses have each received up to AU$100,000 to test the feasibility of their ideas over the next three months for the joint agency challenge, ‘Tracking the effect and value of information products’.      

Australia’s financial intelligence agency, AUSTRAC, and the Australian Criminal Intelligence Commission (ACIC), created the joint agency challenge to enhance the quality and value of actionable intelligence that both organisations provide to law enforcement, national security, justice sectors and industry partners around Australia and overseas.

‘Tracking the effect and value of information products’ allows industry to contribute innovative solutions that help solve the two agencies’ operational challenges. The winning industry application can then have the opportunity to generate commercial income for their idea.

Congratulating the four finalists, AUSTRAC CEO Paul Jevtovic said the joint agency challenge aims to provide a win-win outcome for government and industry.

“AUSTRAC’s expanding private-public initiatives generate greater volumes of intelligence information being collected, analysed and shared with partner agencies and industry,” said Mr. Jevtovic.

“Our joint agency challenge provides an opportunity for government and industry to co-design information systems and practices using the latest technology and innovation.  A key outcome is to share and exchange actionable and close to real-time financial intelligence and information with our partner agencies and industry.”

ACIC CEO Chris Dawson said, “the work of agencies like the ACIC and AUSTRAC is increasingly demanding, and this project will enable us to sharpen the value and quality of intelligence products by capturing user feedback, sharing insights, tracking and evaluating the usage of information and enhancing security features and records management.”

The AU$19 million BRII Challenge programme, running between 2016 and 2018, provides grants of up to AU$100,000 for the feasibility testing. Applicants may then apply for grants of up to AU$1 million to develop a prototype or proof-of-concept over a period of up to 18 months.
         
         

Read the media release here

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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