SAP signs MoU with polytechnics and SkillsFuture to launch tri-sector education programme

SAP signs MoU with polytechnics and SkillsFuture to launch tri-sector education programme

Michelle Zhu
27/07/18, 01:25 pm

SINGAPORE (July 23): Global enterprise software corporation SAP on Friday morning signed a memorandum of understanding (MoU) with Singapore’s five polytechnics and SkillsFuture Singapore (SSG) to launch SAP Skills University Singapore – an information and communications technology (ICT) focused tri-sector education programme led by SAP.

The collaboration aims to train Singaporeans to take on ICT-related job roles by equipping them with critical skillsets in emerging technologies such as artificial intelligence (AI), data analytics and Internet of Things (IoT).

It will also offer career advisory and placement services for ICT-related jobs, with funding support by SSG.

In addition to receiving internationally-recognised SAP certificates, students of the SAP Skills University will also gain access to current and future SAP offerings including its Coaching & Mentoring Network, SAP Co-Innovation Network at Singapore’s recently-launched SAP Leonardo Centre, and coding boot camps.

In its press release, SAP says the programmes offered by SAP Skills University will target to meet the manpower and skills needs of not only SAP, but also the broader industry, including SAP’s customers and partners.

The organisation expects over a thousand individuals to benefit from the collaboration over the next three years.

Ong Ye Kung (left), Minister for Education, was present at the MoU signing ceremony this morning as the guest of honour.

Speaking at the event post the MoU signing, Ong says Singapore’s education system has successfully crossed two “bridges” – having the mindset and concept of lifelong education in place, as well as the ongoing cooperation and collaboration between institutes of higher learning (IHLs) and industries.

“Today I hope is a starting of the crossing of a third bridge, which is the industry and companies training workers, training students, in a way that goes beyond your needs,” commented Ong.

“And I hope today signals the start of crossing of the third bridge. It is quite a new idea for many industries; to say that it is training [people] for the whole industry, or beyond the industry. I am glad you [SAP] are doing so, and with the support – including financial support – from SSG.”

As part of the collaboration, two new work-learn programmes that combine placement and training will be made available.

The first is a professional conversion programme which will be launched to target mid-career individuals in helping them gain new skills in into the ICT sector. Another programme will cater to fresh polytechnic graduates and facilitate employment opportunities with companies in the ICT.

“With the SAP Skills University Singapore, we aim to facilitate education in the fields of advanced technology and complement the foundation that’s being taught in academic institutions with hands-on learning through SAP products and working experiences. This is a crucial measure in closing the gap between the demand and supply for qualified Information and Communications Technology professionals,” said Khor Chern Chuen, Managing Director, SAP Singapore.

“Through this partnership, SAP is committed to doing our utmost in helping young and mid-career professionals to stay productive and gainfully employed, and in helping our customers to stay competitive, in the face of digital disruptions,” he added.  

Right timing: STI’s upclimb supported by momentum and moving averages

SINGAPORE (Apr 20): There has been little change in the trend and chart pattern of the Straits Times Index. The index has been on a very glacial ascent towards 3,420, the target indicated when the index broke out of resistance at 3,190 in mid-Jan. Quarterly momentum eased during the past four trading sessions. The 100- and 200-day moving averages have turned positive. This coupled with positively placed DIs and rising ADX should continue to underpin the STI. The only cautionary signals are the somewhat overbought levels of short term stochastics and 21-day RSI, and stagnant vol....

SMI takes legal action against Hyflux; Maybank moves on Tuaspring

(Apr 20): SM Investments (SMI) has terminated its rescue agreement with Hyflux, it announced on Friday. Hyflux, on its part, had already on April 4 terminated the same agreement with SMI. SMI claims it has thus far abided by the agreement. “To clarify, SMI does not accept the purported termination of the Restructuring Agreement by Hyflux on 4 April 2019. This is because the termination was not in accordance with the terms of the Restructuring Agreement," said SMI. Under the agreement reached last October, SMI, led by Indonesian tycoon Anthoni Salim, was to have invested $530 million in....

CCT reports 3.8% higher 1Q DPU of 2.20 cents on higher property contributions

SINGAPORE (April 19): The manager of CapitaLand Commercial Trust (CCT) has reported a 1Q19 distribution per unit (DPU) of 2.20 cents, rising 3.8% y-o-y from 2.12 cents due to higher contributions from Gallileo and Asia Square Tower 2. Gross revenue and net property income (NPI) for the quarter increased by 3.5% and 3.4% to $99.8 million and $79.8 million, respectively. This comes after booking contributions from Gallileo – an office building in Frankfurt, Germany which the trust acquired a 94.9% stake in during June 2018 – as well as higher occupancy at Asia Square Tower 2, both of w....