With new Memorandum of Understanding signed, Red Hat will be driving adoption of business analytics with strategic plans ahead.
Red Hat, Inc., an international open source solutions provider, recently announced that it will be collaborating with Singapore-based Agency for Science, Technology and Research (A*STAR)’s Business Analytics Translational Centre (BATC) to drive innovation. It signed a Memorandum of Understanding (MOU) on October 1.
Partnering in areas of big data, middleware, Platform-as-a-service (PaaS), cloud and storage for the innovation and development of current and upcoming analytics projects, Dr Tan Geok Leng, Chairman of BATC Management Committee and Executive Director for the Science and Engineering Research Council (SERC) said that the initiative will enable organizational lead users to discern the value of business analytics and formulate effective strategies for organizational-wide BA transformation.
To date, a number of open source based applications for data analytics have been developed under the cross-agency project between A*STAR and Infocomm Development Authority of Singapore (IDA). One example would be BATC’s analytics applications, SocialSenseTM, a showcase application for social media monitoring, which runs on Red Hat Enterprise Linux.
To kickstart the collaboration, Red Hat is holding an Open Innovation Symposium after the MOU signing for A*STAR scientists, researchers and academics from noted education institutions to discuss how open source technology can foster innovation and help developments in business analytics.
SocialSenseTM pulls user-generated data feeds on social media platforms like Facebook and Twitter. This allows organizations to decipher topic sentiments in real-time to gauge its social media standing with both a qualitative and quantitative scoreboard.
Jim Whitehurst, CEO of Red Hat, said, “Open source has evolved to become a foundation for innovation. As technology continues to become more of a commodity, the standardization of parts can help spur more rapid innovation.”
Witnesses and signing parties of the MOU collaboration between Red Hat and A*STAR’s Business Analytics Translational Centre (From L-R):
Ang Wee Tiong, Director, Technology, BATC; Dr. Tan Geok Leng, Executive Director, Science & Engineering Research Council, A*STAR & Chairman, BATC Management Committee; Damien Wong, General Manager, ASEAN, Red Hat; Suresh Sachi, Deputy Managing Director (Corporate & Legal), General Counsel, A*STAR; Jim Whitehurst, President and CEO, Red Hat; Dr. Vivian Balakrishnan, Minister for the Environment and Water Resources; Jacqueline Poh, Managing Director, IDA; and Mr. Shankha Sen, Chief Financial Officer, Red Hat Asia Pacific.