Tag Archives: Singapore

Entrepreneur’s Insight – Interview with Singapore’s ISP Entrepreneurs – Founders of WhizComms

Ever since we have started Entrepreneur’s Insights, we have been hearing a lot of feedback from the readers that they would like to hear more entrepreneurial stories from Singapore. We are aware that for the past 1 year, The Neo Dimension might have disappointed some of the readers for not bringing enough of such stories.

To kickstart 2018, we would like to shout out to our readers “The wait is over!” We are publishing an QnA with not 1 but 2 local entrepreneurs from Whiz Communications (WhizComms) – Chiang Chee Cheong, Managing Director and Jason Kuek, Deputy Managing Director. .

Mr Chiang and Mr Kuek started Phoenix Communications in the 90s as a callback operator and subsequently expanded their arena to International Direct Dialing Services (You remember Phoenix IDD?). In November 2016, they have ventured into the ISP space and started WhizComms

 

1.Whiz Communications(WhizComms) is a new entrant in Singapore’s ISP market. Do you mind give a short description of the company as well as your rationale of venturing into this space?

Chiang – WhizComms is a telecommunication company providing home broadband and IDD service.  We rolled out our business in November 2016 and currently we have a staff strength of 20.

As an ISP, our primary objective is to provide high-speed Internet service to all residential homes in Singapore.

As Singapore is moving towards a smart nation, we saw the potential growth in these areas.   Fibre Broadband has become the essential service for the home. We want to make it easy and affordable for all.

 

2.Technology sector is growing exponentially in Southeast Asia region (SEA). As a seasoned professional in the Telecommunication field, what’s your views on future development of SEA Telcos or ISPs? 

Chiang – Telcos and ISP will continue to be equipped with high-speed infrastructures to cater for technology advancements. Besides infrastructures, service providers will also be looking into providing solutions such as IOT, Cyber Security, AI and Data Analytic as part of the trend in the industry.

 

3. There are many ISPs that offer more comprehensive and wider range of services. How is WhizComms different from others? 

Chiang – Our fundamental goals remain – we provide affordable solutions to cater to our customers’ basic essential needs. We un-bundle telecom services so that customers only pay for what they need. Our pure broadband no frills service has been the lowest-priced of its kind in town from the start of our business. We also help customers to solve WiFi coverage problems at home by introducing WiFi clinic service to customers who are less technically inclined. We are also amongst the first to introduce mesh WiFi solution to improve home WiFi coverage and un-interrupted internet surfing.

 

  1. What are the challenges or opportunities for WhizComms in the next 3 years?

Jason I foresee that there will be more entries from ISPs players, and this will bring the overall prices down. Other than bracing the price war, we will need to deliver our commitments to our customers to stay competitive. As IOT (internet of things) advances, we will want to introduce them to customers at an appropriate time to meet their day-to-day need.

 

  1. What is the significant milestone that WhizComms has achieved in 2017?

Chiang – After one year of operation, we have significant amount of customer subscription base. We believe this is due to our sincerity and genuinity in our service offering, and customers see the true value we offer. We have managed to deliver what we have promised. We will continue to impress our customers with our services.

 

  1. You are a seasoned entrepreneur. What advice will you give for our budding entrepreneurs or people who want to start a business? 

Jason – To start with, you must have a good and realistic business plan, followed by sufficient financial fundings to run your businesses operations.  The calibre of people or partners managing the business are very important.   They need to have good acumen in identifying risks and returns in their overall business.  Team work and trust must be established across the organisation hierarchy to grow the business as planned.

Any business that will help customers to solve their problem is a good business. As an entrepreneur, look for areas that customers need help. After identify the business, a proper business plan will have to be developed including the technical knowhow, funding, and the people.

 

  1. It is said that every entrepreneur has their own set of checklist while evaluating a venture. As an entrepreneur, do you mind sharing with us yours?

Jason – I will be definitely be looking for potential revenue drivers that can bring in sustainable income. Of course, the cost of operations and as well as the potential of growth in the business are also critical.  A good business plan will be very helpful.  More importantly, we must maintain a good balance sheet on the financial and a healthy cash flow.

 

 

PwC’s 2017 Report: REITs and Business Trusts Drives Singapore’s IPOs; SGX’s Delisting Woes Remains

Singapore, 3 January 2018 –The year 2017 ended with a good showing for the Singapore Exchange (SGX), with total funds raised through Initial Public Offerings (IPOs) being the highest in the past four years. In 2017, a total of S$4.7 billion raised, double that of 2016 at approximately S$2.3 million.

The SGX saw a total of 20 IPOs with seven listings on the Mainboard and 13 listings on the Catalist Board in 2017. In terms of amount raised, REITS and BT made up of approx 88% of Singapore’s IPOs in 2017. See below Fig 1.

Figure 1. IPO fund raised by sectors in 2017 (S$ million, % of market share)

Source: PwC Singapore

Looking forward

The report states that REITs and BTs will likely continue to be the niche for SGX. The exchange has welcomed the listings of eight REITs and BTs since 2015, which combined raised a total of S$6.6 billion in gross proceeds, contributing to 85% of the total IPO funds raised over the past three years.

Despite the overall stellar IPO performance in 2017, the report also found that the delisting trend continued with 24 companies delisted in 2017. Pessimism in the market may have been in part due to the declining trading volume and muted confidence in the local equities market. Furthermore, the low valuation of certain listed companies have created merger and acquisition opportunities to buyout these companies which led to their delisting from the exchange.

Lastly, SGX is expected to face more intense competition from the Hong Kong Stock Exchange (HKEx) with a key pull factor being the perception that the HKEx offers higher valuations and liquidity. With this, the number of Singapore-based companies listed on the HKEx has more than doubled in the past year, from six companies in 2016 to 13 in 2017, and PwC foresees that in 2018 local companies will continue listing on HKEx.

See full press release here

 

HMD Releases Nokia 2 – Promise 2-Day Battery Life

Singapore, 2 January 2018 – HMD Global announced the launch of the Nokia 2 that promises two-day battery life.

The enomous 4100mAh battery allows you to enjoy continuous entertainment from your favourite shows, songs, social media without constantly worrying about running out of battery. The Nokia 2 also features a 8MP rear camera and 5MP front camera for you to snap and capture memories on the go.

Availability

The Nokia 2 will be available in Pewter/Black and Pewter/White at SGD 159 and are now available through sole distributor A-Mobile from all M1, Courts, Challenger, Best Denki, Sprint Cass, Gain City, Handphoneshop, 3Mobile outlets, Mustafa and online at Lazada.

 

Technical specifications for the Nokia 2

• Networks:

o GSM: 850/900/1800/1900

o WCDMA: 1, 2, 5, 8

o LTE: 1, 3, 5, 7, 8, 20, 28, 38, 40

• Network: LTE Cat. 4, 150Mbps DL/50Mbps UL, VoLTE, Video Calling, VoWiFi

• CPU: Qualcomm® Snapdragon™ Mobile Platform

• OS: Android Nougat

• RAM: RAM 1GB DDR3

• Storage: 8GB e-MMC (up to 128GB with MicroSD card)

• Display: 5.0” HD 1280 x 720 LTPS LCD, In-Cell Touch, Corning® Gorilla® Glass 3

• Camera:

o Primary camera: 8MP auto focus with LED flash

o Front-facing camera: 5MP fixed focus

• Connectivity: 802.11 b/g/n, BT 4.1, GPS/AGPS/GLONASS/Beidou, FM/(RDS)

• Sensors: Ambient light sensor, Proximity sensor, Accelerometer (G-sensor), E-compass

• Battery: 4100 mAh

• SIM slot: 2 Nano-SIM + 1 micro SD card slot (on Dual SIM variant)

• Input/output: Micro USB (USB 2.0), 3.5mm audio jack

• Dimensions: 143.5 x 71.3 x 9.30 mm

Review of Huawei Mate 10 Pro – QnA with Singapore Blogger – Chester Tan

Huawei Mate 10 and Mate 10 Pro have been appearing in the news frequently and they are certainly one of the most sought-after phones in 2017.

Before we round up this year, The Neo Dimension would like to do a review for the Huawei Mate 10 Pro. If you have been following our blog closely, it has been a while since we have done a review on smartphone. This time, we are doing a little different from usual.  We manage to interview a prominent blogger in Singapore, Mr Chester Tan (CT) to share with us more about how he feels about Huawei’s latest Mate 10 Pro.

Q1:  What’s your impression when you first touch the Huawei Mate 10 Pro?

CT: It feels solid, does not have the sleek feminine curves like the P10 series.

Q2:  What did you use the phone for? What’s the best feature of the Huawei Mate 10 Pro?

CT: Throughout the 10 days, I use it as a primary phone, transferring all data from my current phone and installing my apps. The best feature that makes Mate 10 Pro stands out has got to be the EMUI Desktop. The camera is superb but is an incremental upgrade from the P10 series.

Q3: Everybody is talking good stuff about the camera? Is it really that good? Tell me more on your photography experience with the phone

CT: The camera captures images quickly without lag, the exposure is well compensated so there is little post-adjustments. I rarely use the monochrome mode because I prefer to shoot in colour then process in black-white. The best mode to shoot is the wide aperture mode, as it achieves the unique shallow depth of field which can be easily adjusted post-shooting. What I like is that adjustment is really fast and not cumbersome, something that other brands fail to achieve.

 

Q4: Personally, I have yet to hear bad reviews on the phone. Is there any specific area that you think Huawei could have done better?

 

CT: I think Huawei needs to continue to reach out to the consumers to give them a chance to experience the phone, to convince them that it is an excellent product. Unlike bloggers, these consumers do not have the luxury of testing the phones at lengths. Among their peers, someone must be using a Huawei phone who will spread the good word about the phone, then others will give it a go.

 

Q5: Out of 5, what score will you give to Huawei Mate 10 Pro?

CT: I give 4.5.

 

 

About Chester Tan

Chester Tan is a freelance blogger with a healthy appetite for technology and social media. If he’s not shooting photos or composing music, he’s likely to be spending time with family while tinkering with mobile devices, headphones or other gadgets. His passion for consumer technology lifestyle shines through on his blog, where he shares insight, reviews and opinions on some of the newest gadgets and apps in a non-techie perspective. Through this blog, he hopes to reach out to readers who need opinions to products they are looking out for. To know more about him, visit his blog at http://musicphotolife.com/ or you could follow his instagram at http://instagram.com/musicdiary

 

 

 

 

SGX-Listed Spackman Entertainment Group Acquires Talent Agency

SINGAPORE – Media OutReach – 22 December 2017 – Spackman Entertainment Group Limited (“Spackman Entertainment Group” or the “Company” and together with its subsidiaries, the “Group“) (Stock Quote: SGX: 40E), one of Korea’s leading entertainment production groups founded by Mr. Charles Spackman, wishes to announce that the Company has entered into a sale and purchase agreement with independent third parties to acquire the entire issued and paid-up share capital of the Constellation Agency Pte. Ltd. (“Constellation Agency“) (the “Proposed Acquisition“).

Constellation Agency is primarily involved in the business of representing and advising Korean artists in overseas markets outside of Korea.  It acts as agent and advisor to a selective group of major Korean artists in entertainment content projects, events, and commercial endorsements in overseas markets, namely, in Greater China, Southeast Asia, and the U.S.

 

Constellation Agency owns The P Factory Co., Ltd. (“The P Factory“), an innovative marketing solutions provider specializing in event and branded content production. The P Factory leverages on its expertise across film, television, digital media, music, and access to key talent to originate and execute creative marketing strategies that enhance the marketing position of brands of various consumer products and services.

 

Constellation Agency also owns Platform Media Group Co., Ltd. (“PMG“), a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements, and branded entertainment. The artist roster of PMG includes drama and film artists such as Wang Ji-won (ONE LINE 2017, HOSPITAL SHIP 2017), Lee Ji-hun (I CAN SPEAK 2017, THE UNIVERSE’S STAR 2016), Han Ji-an (MARITAL HARMONY 2017, THAT SUN IN THE SKY 2016) and Oh Cho-hee (BLACK 2017, VOICE 2017).

 

The total purchase consideration for the Proposed Acquisition shall be 144,770,861 newly issued ordinary shares of the Company at S$0.115 per share, which was arrived at following arm’s length negotiations on a willing buyer, willing seller basis, and taking into account, inter alia, the Constellation Agency’s unaudited net profit of US$1.2 million (approximately S$1.6 million) for the period from the date of its incorporation to 30 November 2017 and its unaudited net asset value of US$3.6 million (approximately S$5.0 million) as at 30 November 2017.

 

 

HP Sees Smart Manufacturing Opportunities in Singapore; Partners With Local University

HP Inc (stock quote: HPQ)  announced the opening of its new Asia Pacific and Japan (APJ) Campus and a new Smart Manufacturing Applications and Research Center (SMARC) supported by the Economic Development Board of Singapore (EDB). The opening celebration included Dion Weisler, HP President and Chief Executive Officer; Richard Bailey, HP President, Asia Pacific and Japan; Steve Conner, HP Head of Supplies Operations and Minister S Iswaran, Singapore’s Minister for Trade and Industry (Industry).

From Left: Steve Conner, Head of Supplies Operations HP Inc, Dion Weisler, CEO of HP Inc, S Iswaran, Minister for Trade & Industry (Industry) and Richard Bailey, President of APJ Region HP Inc. Source: Instagram user @weewu

SMARC is set up with the purpose to digitally transform and reinvent HP’s Supplies manufacturing processes through the use of next-generation digital technologies including additive manufacturing (3D printing), advanced robotics, and large-scale data analytics.

 

SMARC has also partnered with local insitutions such as NUS and Nanyang Polytechnic to allow their students to participate in the research area of IoT and Data Analytic via internship program

 

Currently, the team of engineers managing SMARC’s 6,000 square foot facility currently oversee more than 50 Supplies manufacturing lines across the world.

 

The Center also sees opportunities in bringing smart manufacturing processes to small medium enterprises in Singapore. For instance, HP has partnered SME suppliers Mega Plus Technology and Super Pak Manufacturing, under the Partnership for Capability Transformation (PACT) programme, to create a more environment-friendly packaging for ink canisters. That collaboration allowed the two SMEs to develop new expertise and capabilities, which they leveraged on to further advance their businesses.

Check out hashtag #reinventingwithHP for more updates.

Keysight And Singapore University of Technology (SUTD) Signs MOU and Opens New Measurement Technologies Lab

SINGAPORE, December 2017– Keysight Technologies, Inc. (Stock Quote: KEYS) and the Singapore University of Technology and Design (SUTD) signed a Memorandum of Understanding (MOU) for research collaboration and opened the new Measurement Technologies Laboratory. Keysight donated S$8 million worth of cutting-edge equipment to the lab, coupled with another S$2 million in research grants to accelerate research and development (R&D) in the domains of advance manufacturing, data analytics and IoT security.

Guest-of-Honour, Mr S. Iswaran, Singapore’s Minister for Trade and Industry (Industry) witnessed the MOU signing between Mr Gooi Soon Chai, President of Keysight’s Electronic Industrial Solutions Group and Senior Vice president, Keysight Technologies Inc., and Professor Thomas Magnanti, SUTD President, at a ceremony held in SUTD.

Minister Iswaran also officially opened the new Measurement Technologies Laboratory, which is equipped with Keysight’s latest solutions and technologies.

Speech by Mr S. Iswaran, Minister for Trade and Industry (Industry)

Mr Gooi said: “Today’s convergence of technology domains and the explosion of electronic content everywhere is driving the entire industrial eco-system into a whole new dimension. Organisations are facing tremendous pressure to keep up with the accelerating pace and complexity of today’s advancements. Keysight, as the world’s leader in electronic measurement, is collaborating with SUTD, with its multi-disciplinary research talents, to reimagine innovation that will help the world’s organisations today face these challenges and deliver their products and services, faster, better and safer.”

From (left) Ee Huei Sin VP & General Manager of Keysight Technologies General Electronics Measurement Solutions, Mr Gooi Soon Chai, President of Keysight’s Electronic Industrial Solutions Group and Senior Vice president, Keysight Technologies Inc

At the Lab, researchers will leverage Keysight’s latest state-of-the-art equipment and software solutions, and tap on the company’s global technology and industry expertise as they work on three major areas –  security, Big Data analytics and Internet of Things (IoT) for Smart Factories of tomorrow (also known as Industry 4.0).

 

These projects will translate into better quality products, smarter utilisation of resources, improved efficiency, productivity and security.

 

The setting up of the Lab in Singapore is strategic to Keysight to tap on explosive growth in the Asia region. 5G, for instance, will be key technology driver in their future business development as the company believes that the full implement of the technology will realized by the year 2020.

 

Criteo’s Commerce Marketing Ecosystem Aims to Empower Retailers and Brands to Deliver Seamless Shopping Experiences

Criteo S.A. (Stock Quote: CRTO), the commerce marketing technology company, unveiled findings from two third-party studies, which highlight the pressing need for retailers and brands to organise and apply data at scale to understand shoppers, reach them, and inspire them to buy. To help retailers and brands, Criteo is opening up an ecosystem that enables retailers and brands who participate to benefit from a much broader data set and more intelligent technology than they could acquire or develop on their own

 

A Criteo-commissioned study, conducted by Forbes Insights and titled “The Commerce Data Opportunity: How Collaboration Levels the Retail Playing Field,” highlights the value of data collaboration and pooling data to better meet customers’ needs, drive value and compete. The “Shopper Story 2017” study, also commissioned by Criteo and conducted by an independent researcher, highlights the rise of “omnishoppers” – those that use a variety of devices, channels and platforms to browse and buy products. Overall, both studies reinforce the need for brands and retailers to innovate through collaboration and harness the collective power of data to engage with consumers at every moment and across any screen or device during the shopper journey.

 

To help retailers and brands deliver seamless and relevant shopping experiences across all devices and channel, Criteo announced its vision to build the highest performing and open commerce marketing ecosystem. As part of the company’s commerce marketing vision, two new solutions – Criteo Audience MatchBETA and Criteo Kinetic Design with Video – have been made generally available across the Asia-Pacific region.

Huang Hanming, Managing Director of South Asia and Greater China Criteo. Source: Instagram user @weewu

“Collaboration in an open ecosystem levels the playing field and paves the way for commerce companies to shape their future. This is especially crucial for eCommerce companies in Asia-Pacific where the market is expected to grow to more than US$3 trillion by 2021,” said Huang Hanming, Managing Director of South Asia and Greater China at Criteo. “We have developed Criteo Commerce Marketing Ecosystem to unleash the value of collaboration and the power of data to all who participate.”

Key Findings from Forbes Insights:

  • Retail Industry Disruption is Reshaping Commerce: 50 percent of brands demonstrate concern that physical-digital giants will limit access to their products and 41 percent are concerned that they will not have access to information about their own customers and products. Retailers also worry that this trend will cause consumers to turn away from smaller retailers.
  • Brands and Retailers Realize Data’s Potential, but Lack Activation Capabilities: Nearly four out of five brands and retailers include customer data as a key part of their business strategy. But while retailers have access to more data than brands, especially online, they are less confident than brands in their ability to activate data into actionable insights. Bottom line: more data alone doesn’t necessarily translate into a greater ability to take action.
  • Pooled Data Assets are a Powerful Way to Get Ahead: Brands and retailers see value in collaboration and pooling data assets to meet customer needs and drive value for their business. In fact, 71 percent of retailers are willing to contribute online search data to a pool. And, three-fifths of those surveyed are already part of a data cooperative, with almost seven out of 10 of those companies already happy with their collaborations as well as the data they receive. Additionally, 72 percent of marketers cite “increased revenue” as a key benefit they experience from pooled data.

 

Key Findings from The Shopper Story 2017:

  • More than 3/4 of Shoppers Globally Engage in Omnishopping: Most consumers are going online to shop and buying in-store, and vice versa.
  • Webrooming and Showrooming are the Norm: 66 percent of consumers occasionally browse products online and then purchase at retail, with 24 percent making this a regular occurrence; whereas 74 percent of consumers occasionally make purchases online after seeing a product in retail, with 15 percent communicating they do this regularly.
  • Digital Drives Conversion: As mobile continues to permeate everyday life, online is now a critical point of purchase driver; with nearly half of all omnishoppers from various countries sharing that websites were the “last influence before purchase” and 62 percent of consumers reporting that they use their phone while in-store to research products online.

 

Using customer relationship management (CRM) or data management platform (DMP) data to accurately target audiences across web, mobile browser and apps, Criteo Audience MatchBETA provides marketers with a new way to re-engage their customer base with broad-reaching, paid display campaigns. Criteo has built a foundation of deterministic IDs within Criteo Shopper Graph, enabling beta customers to see a match rate of more than 60 percent of their existing client lists with online profiles. Commerce marketers can use Criteo Audience MatchBETA to:

  • Quickly execute cost-effective, paid display campaigns across a diverse set of marketing scenarios, including re-engagement of lapsed customers, promotion of seasonal offers, cross-sell of products related to previous purchases, and more.
  • Drive unmatched advertising engagement through optimized ads, balancing brand-inspired design and ad performance through Kinetic Design.
  • Synchronize perfectly with Criteo Dynamic Retargeting to ensure cross-campaign optimization and attribution.

 

Criteo has also added video as a new channel and inventory source for commerce marketers. Criteo Kinetic Design with Video automatically optimises every visual aspect of an ad to inspire and engage a shopper. Kinetic Design already allows for more than 17 trillion variations from one base design in display ads. This has been now expanded to incorporate video, creating personalized video ads that feature relevant products based on Criteo’s complete understanding of the shopper. These video ads are created automatically, on-the-fly, and appear across web and mobile.

 

As consumer video consumption continues to grow, Criteo’s clients can now use video to relevantly re-engage shoppers without production time, resources, or costs. Video is delivered in a non-intrusive manner to provide a seamless browsing experience – in app, in feed or on a website. Criteo’s video capability also allows marketers to take advantage of video ads on a cost-per-click basis.

Alban Villani, General Manager, Southeast Asia, Hong Kong and Taiwan, Criteo. Source: Instagram user @weewu

“Understanding consumer purchasing behavior is challenging for retailers given that shoppers are on more platforms than ever before, with collected data being difficult to integrate and analyse, at scale,” said Alban Villani, General Manager, Southeast Asia, Hong Kong and Taiwan, Criteo. “To help retailers and brands overcome this challenge, Criteo Audience Match and Criteo Kinetic Design with Video, as part of a robust suite of commerce marketing technologies, will support the full shopper journey, enabling brands to create relevant and engaging experiences for customers online and offline.”

Singapore Contributes Only 0.11% of Global Carbon Emissions; Pledged to Improve City’s Energy Efficiency.

During the Responsible Business Forum held in Singapore last month, Mr Masagos Zulkifli, Minister For The Environment and Water Resources, Singapore has reaffirmed Singapore’s commitment towards sustainability and climate change.

Although Singapore only contributes 0.11% of global emissions, the city state has pledged to work with the industry to improve energy efficiency from the current level of 0.6%, to 1 to 2% annually. This is the annual energy efficiency improvement rates achieved in leading countries like Belgium and the Netherlands.

Watch his speech below.


To achieve this, Mr Zulkifli has detailed some of the actions that Singapore government has already adopted.

First, Singapore will introduce carbon tax in 2019 to encourage companies to be more “carbon-free” in their operation.  All the revenue generated from this tax will go into supporting initiative to improve energy efficient

Second, Singapore government will lead by example in adopting clean energy in public sectors. For instance, the Government has implemented the SolarNova programme to accelerate solar growth locally and to aggregate solar demand across various agencies. With the limited land area, floating solar panels will be deployed on reservoirs to further increase city’s solar capacity.

**Related news (HDB-EDB Joint Press Release – Largest Solar Leasing Tender Launched Under SolarNova Programme)

Third, Singapore will be investing in clean energy research and development. Research centres, such as the Solar Energy Research Institute of Singapore (SERIS) and the Energy Research Institute at NTU (ERI@N), are collaborating with industry to support efforts towards large-scale deployment of solar systems.

On the global front, Singapore works closely with international partners to exchange knowledge on climate change and green growth. Under the Singapore Cooperation Programme, more than 112,000 officials from developing countries have visited Singapore to study key areas such as sustainable development, urban planning, and water management to date.

Read his full speech here

 

DataRobot invests S$15 million in Singapore; Boost AI in Fintech

US-based artificial intelligence (AI) firm DataRobot announced that it will invest S$15 million into Singapore as part of its expansion plans into the region. The investment will be primarily used to set up its regional business HQ here as well as expand its advanced AI R&D centre.

 

Fifty percent of the initial investment will be spent on hiring. DataRobot hopes to hire 50 employees here by 2019 with 40 per cent of the staff being technical experts and data scientists.

 

DataRobot CEO Jeremy Achin. Source: Instagram User @weewu

Speaking to the Singapore media, Mr Jeremy Achin, CEO of DataRobot has highlighted that Singapore has an excellent work environment; and its easy access to a wide connection of high skilled technical experts from various fields specifically in the area of fintech.

 

DataRobot is also looking to work with fintech startups in Singapore. Fintech startups could also tap on their cloud services – DataRobot Cloud as it is much more affordable than investing in physical hardware.Given the availability of data, these companies could tap on A.I for data analytic and automation. 

 

Zidisha, one of DataRobot users, is a great example of this. They are a non-profit peer lender that helps poor people in Africa to get day loans. Clearly, a charity cannot afford expensive Data Scientists on staff and use DataRobot instead.

 

About DataRobot

DataRobot, an SG:D Accredited company, offers an enterprise automated machine learning platform that empowers users of all skill levels to make better predictions faster. Incorporating a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform automates, trains and evaluates predictive models in parallel, delivering more accurate predictions at scale. DataRobot provides the fastest path to data science success for organizations of all sizes.