TIBCO and Singapore Polytechnic Collaborate to Address Skills Shortage for SMEs to Prepare for Industry 4.0

Singapore

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29 January, 2018

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TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it will collaborate with Singapore Polytechnic (SP) to expand data analytics capabilities and knowledge in Singapore among local engineering Small-Medium Enterprises (SMEs). As part of the Memorandum of Understanding (MOU), SP, TIBCO, and its partner, iZeno, will jointly engage students through industrial practice, internships, and other practice-based training.

The collaboration will focus on students from the Computer Engineering, Engineering with Business, and Engineering Systems diploma courses, acquiring relevant data analytics skillsets in the areas of Industry 4.0 and advanced manufacturing. In addition to full-time students, adult learners from relevant Continuing Education (CET) courses will also be trained in data analytics. This latest initiative will help address the current data skills shortage faced by local engineering SMEs.

"With the rise of the industrial revolution, digital transformation is key to increasing productivity and efficiency. As a leader fuelling digital businesses, we take pride in training and empowering the next generation in the data analytics space," said Nicolas Betbeder-Matibet, regional vice president, ASEAN and Greater China, TIBCO. "Students will be able to get hands-on learning in TIBCO's dedicated Centre of Excellence, leveraging TIBCO® Connected Intelligence solutions. Together with SP, we are committed to developing students' industry knowledge and skills to prepare for their successful careers ahead."

According to Singaporean-German Chamber of Industry and Commerce, the rapid development of Industry 4.0 will see a decrease in the reliance for low-skilled labourers doing routine tasks as automation takes place. Singapore's engineering industry will require cross-competence skills, big data specialists, data integration experts, and cloud capacity managers in order to reap the benefits of Industry 4.0.

Full-time students will also have opportunities for collaboration in final year projects and local industrial training programmes conducted by TIBCO, preparing them to be work-ready. To encourage broad participation, there will be opportunities for SP Engineering staff to work with TIBCO for shorter work stints.

"Close collaboration between higher education institutions and the technology industry is crucial in preparing students to enter the workforce. We are excited about partnering with TIBCO to ensure SP's talent pool is well equipped with the right technology and skills to develop pioneering solutions for Singapore's Industry 4.0 vision," said Jason Lin, co-founder and director, iZeno.

"Through this collaboration, SP Engineering students and staff will be equipped with data analytics skills to meet the needs of Industry 4.0 and Advanced Manufacturing. This will enable them to excel in a rapidly changing economy and contribute to the local workforce," said Toh Ser Khoon, acting director, School of Electrical & Electronic Engineering, Singapore Polytechnic. "We are excited to have TIBCO on board to support us with the latest technology in accordance with industry trends, increasing the marketability of our students."

This is TIBCO's second collaboration with tertiary institutions in Singapore. The software provider collaborated with Nanyang Polytechnic to empower SMEs on their digital journey in August 2017.

About Singapore Polytechnic

Established in 1954, Singapore Polytechnic (SP) is Singapore's first polytechnic. It has 10 schools that offer 46 full-time courses for close to 16,000 students. SP adopts a proven creative teaching and learning framework and offers students a holistic, authentic and industry-relevant curriculum, innovative and vibrant learning spaces, and enriching overseas programmes.

The Polytechnic is committed to producing competent and versatile graduates who are also imbued with sound values, so that they can be work ready, life ready and world-ready. SP has more than 195,000 graduates and among them are successful entrepreneurs, top executives in multi-national and public-listed corporations, and well-known professionals across various industries and leaders in government. SP clinched the inaugural ASEAN People's Award in 2015 for its contributions toward the region's community-building efforts. SP is also the first polytechnic to be awarded the President's Award for the Environment in 2010 and the President's Social Service Award in 2011. Learn more at www.sp.edu.sg.

Follow SP on Facebook at http://www.facebook.com/singaporepolytechnic and Twitter and Instagram at @singaporepoly.

About iZeno

Headquartered in Singapore, iZeno's mission is to help enterprises harness technology to create solutions for smarter insights. With a dedicated expert team, iZeno has successfully implemented over 200 Enterprise Analytics Solutions in Asia, transforming raw data into business-critical information to inform operational and strategic decisions.

Today with offices in Singapore, Malaysia and Indonesia, more than 100 enterprise, notably in financial service, insurance and manufacturing trust iZeno to solve their complex technology challenges. Learn more at www.izeno.com.

Connect with iZeno.

About TIBCO

TIBCO fuels digital business by enabling better decisions and faster, smarter actions through the TIBCO Connected Intelligence Cloud. From APIs and systems to devices and people, we interconnect everything, capture data in real time wherever it is, and augment the intelligence of your business through analytical insights. Thousands of customers around the globe rely on us to build compelling experiences, energize operations, and propel innovation. Learn how TIBCO makes digital smarter at www.tibco.com.

TIBCO and the TIBCO logo are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.

TIBCO Software Inc.

Lindsey Ashjian Torres

Public Relations

+1 650 846 8862

public.relations@tibco.com