Agreement with Singapore Economic Development Board extends IBM’s investment in supply chain business analytics; center to benefit local and global retail, industrial customers
IBM and the Singapore Economic Development Board are bringing new supply chain strategies and solutions to retail and industrial customers with the recent opening of the region’s IBM Supply Chain Analytics Center of Competency. The idea is to enhance the region’s supply chain expertise and develop global software and hardware supply chain solutions based on business analytics technologies.
The groups’ ultimate goal is to help companies gain a better understanding of all the data surrounding their businesses, become even more efficient and effective, and connect to digitally savvy customers.
IBM Supply Chain Analytics CoC Singapore is IBM's first supply chain analytics-focused center in Singapore and will work closely with IBM architects at IBM's existing network of supply chain analytic centers in India and its operations in the United States (Raleigh, NC). Supply chain analytics help companies synchronize customer demand with their sales and marketing operations, which in turn can transform how they buy supplies and market, sell and service customer requests, according to IBM.
Located in one of the world's fastest growing regions, the center will focus on developing analytics and cloud computing technologies for the Asia Pacific region and around the world. IBM scientists from the company's three centers will collaborate with Singapore research and educational institutes on technical exchanges, joint research and commercialization projects.
The agreement is another step in IBM’s effort to extend its global leadership position in business analytics. In addition to its three supply chain centers, the company has eight global analytics solution centers—in Berlin, Beijing, Dallas, London, New York, Tokyo, Washington and Zurich. What’s more, IBM projects $16 billion in business analytics revenue by 2015; to meet that target, the firm has grown its business and industry expertise to almost 9,000 dedicated business analytics and optimization consultants and 400 researchers.