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NUS, NTUC and SkillsFuture Singapore sign MoU to harness big data and data analytics to explore skills gap in local workforce

NUS

Above photo (from left): Mr. Nick O’Donnell, Director of Public Policy and Public Affairs at LinkedIn, Mr. Kevin Wo, Managing Director at Microsoft Singapore, Mr. Kishore Mahbubani, Dean at the LKY School, Ms. Sim Soo Kheng, Director of Research and Innovation (Institute for Adult Learning) at SkillsFuture Singapore, and Mr. Patrick Tay, Assistant Secretary-General at NTUC. Photo credit: Microsoft

A Memorandum of Understanding (MoU) with the Lee Kuan Yew School of Public Policy, National University of Singapore (LKY School); National Trades Union Congress (NTUC); Institute for Adult Learning, SkillsFuture Singapore (IAL); Microsoft; and LinkedIn was signed on June 21 2017 to collectively harness the power of big data, data analytics and research to explore the “skills gap” in today’s local workforce.

The three-year MoU will combine the resources of the different institutions to shed light on a challenge that many governments face in the context of the Fourth Industrial Revolution.

As technology continues to disrupt the economic, business and jobs landscape in the digital age, the ability to re-learn, re-skill and adapt to the constantly changing environment will be crucial for the workforce to remain relevant in tomorrow’s economy. To meet the changing demand for skills, more insights will be needed so that governments and industry can identify specific areas of need in the labour market and target their resources more effectively for education, training and up skilling.

Following the signing of the MoU, the LKY School will spearhead the research study. Working in tandem with NTUC, IAL and LinkedIn, the LKY School will analyse big data to generate insights on the current skills and employment landscape in Singapore. They will leverage Microsoft’s Azure cloud platform for secure data storage, computation and analysis. Insights arising from the project will be used to help Singapore maximise workforce productivity, inform policy and enhance advocacy and training programmes.

“The Labour Movement in Singapore has observed a rising incidence of jobs, skills and expectations mismatch in the workforce especially in early disrupted sectors and has bolstered efforts to prepare the workforce to take on the challenges and opportunities of today and tomorrow. This meaningful collaboration is a further step in this direction.

Alongside the challenges of the future of work, there are opportunities to be tapped and as stakeholders, we have to look ahead, plan for the future and leverage on each of our capabilities to work closer together for the benefit of our workers, our businesses, our economy and our society,” said Mr. Patrick Tay, Assistant Secretary-General of the National Trades Union Congress.

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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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