Data Republic, Asia Pacific’s leading platform and network for data sharing, announced that it has been accredited by Singapore’s Infocomm Media Development Authority (IMDA). Their comprehensive data governance solution also makes them unique within the industry.
The Accreditation@SG Digital (Accreditation@SGD) programme was launched in 2014 to accelerate the growth of Singapore-based tech companies through winning contracts with government agencies and large enterprises, as well as facilitating new growth capital into the companies. To-date, 46 Singapore-based companies have been accredited and a project pipeline worth over S$400 million created for these companies, out of which over 900 projects have been awarded. More than S$210M of new growth capital has been raised locally amongst selected accredited companies.
“We are very excited to receive this accreditation and appreciate its value in facilitating an environment of trust and forging connections with prospective customers,” said Data Republic’s Head of Sales in Asia, Raju Bhupatiraju. “Accreditation@SG Digital is a contributing factor in moving the country’s Digital Economy strategy forward and aligns with our mission to create a trusted data collaboration network among businesses, as well as foster consumer confidence.”
Since Data Republic’s launch in 2016, major banks, airlines, retailers, insurers and government bodies across Australia and the Asia Pacific region have rapidly adopted its technology and collaborative governance framework as the emerging global standard for secure data sharing.
“We are pleased to have Data Republic come on board our Accreditation@SG Digital programme. We see great potential in their platform supporting the needs of Government and enterprises in enabling innovation through secure data sharing, as Singapore moves towards the Digital Economy“, said Mr Edwin Low, Director of Enterprise Growth Acceleration, Infocomm Media Development Authority of Singapore.
Data Republic has successfully met the criteria of the Accreditation@SGD evaluation process. Companies considered for the programme are evaluated from a technical, financial and operational perspective. The accreditation period lasts for 18 months, after which companies will need to undergo a renewal process that re-evaluates the business based on the same criteria.