TIBCO and Banking Academy of Vietnam Announce New Data Analytics Lab

TIBCO and Banking Academy of Vietnam Announce New Data Analytics Lab
TIBCO and Banking Academy of Vietnam Announce New Data Analytics Lab

Singapore, January 7, 2020 – TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced a joint project with Banking Academy of Vietnam (BAV), a university committed to expanding the data analytics knowledge of students in Vietnam. TIBCO and BAV plan to launch the TIBCO Data Analytics Lab, to be located on-site at the university, to teach students how to use connected intelligence insights for better business decisions in the banking sector. TIBCO works with numerous universities across Asia, equipping students with the relevant skillsets to address the growing need for data analyst professionals.

This collaboration will support the BAV students by providing practice-based training to understand data analytics, as well as providing them with the foundational skills necessary to support the nation’s digital transformation initiatives. Technology is swiftly changing the way organisations work, as organisations in Vietnam embrace industrialisation. Cloud, artificial intelligence, and data analytics are becoming more broadly recognised digital skills needed in the workforce.

“The banking industry in Vietnam is transforming rapidly. Banks are realising the need to be digital to cater to the large population of young smartphone users and high consumer growth. It is crucial we collaborate with educational institutions, such as BAV, to leverage TIBCO’s expertise and innovative solutions in providing a relevant curriculum for students,” said Erich Gerber, senior vice president, EMEA and APJ, TIBCO. “Equipping them with data analytics solutions like TIBCO Spotfire will help students excel in a quickly changing digital economy and contribute to the local workforce. We believe that this programme will be a launching pad for future collaborations.”

The TIBCO Data Analytics Lab will also enhance the development of students’ data capabilities to address critical manpower shortages. Students will work with TIBCO solutions, including TIBCO Spotfire, to ensure that they are equipped with the competencies and skillsets required to meet industry needs in application and solution innovation. Additionally, the lab will focus on technologies that feature real-life scenarios and give students a first-hand view on how industries leverage data in real-time to make informed decisions that drive positive business impact.

“We at Banking Academy of Vietnam are delighted to have this opportunity to collaborate with an industry expert such as TIBCO, helping us fulfil our promise of a high-quality and relevant education programme for our students,” said Dr Phan Thanh Duc, dean, MIS Faculty. “BAV has always been open to collaborations that provide our students with more extensive ways of enhancing their development. With this collaboration that focuses on in-depth banking solutions, such as fraud detection, anti-money laundering, and credit scoring, we believe students will be prepared with the right skillsets needed to be employed in our nation’s digital banking era.”

Through this collaboration, BAV aims to have up to 200 students train at the TIBCO Data Analytics Lab per year in various courses, such as Decision Support Systems and Business Intelligence or Data Mining.

Both parties aim to provide students with hands-on opportunities to practice concepts using selected TIBCO tools to deepen their knowledge in advanced data analytics. There will also be opportunities for students to learn through guest lectures, seminars, networking sessions, and relevant training modules with industry experts.

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