The Singapore Government pushing for the adoption of cloud-computing technology among local firms with its latest tie up with the Agency for Science, Technology and Research (A*Star).
On Thursday, the Infocomm Development Authority (IDA) inked an agreement with A*Star's Institute of High Performance Computing (IHPC) to jointly develop tailored cloud-computing solutions aimed at helping local infocomm technology companies be more efficient in their business operations.
Tapping on IHPC's expertise, some of these technologies that can be developed include cloud-based data analytics. This will enable businesses to analyse data, such as customer preferences, with better performance and at a lower cost compared to traditional systems. Others tools include social-media analysis and modelling systems that can help companies, such transport and logistics firms, simulate scenarios and reduce turnover time.
These technologies will tap on the Next Generation Nationwide Broadband Network (NGBNB) infrastructure. Said IHPC's executive director, Professor Alfred Huan: "We envisage the availability of such resources will lower entry barriers of capital investment, and allow quicker idea-to-market implementation."