In a first, the competition will be open to all students from universities and polytechnics in Singapore
Singapore, 27 January 2023 — Students from universities and polytechnics in Singapore can test their business analytics skills in an upcoming competition which will reward winning teams with hefty cash prizes. The Huawei-NUS Innovation Challenge is jointly organised by the National University of Singapore Business Analytics Centre (NUS BAC) and leading global information and communications technology (ICT) provider Huawei International, Huawei’s subsidiary in Singapore, in partnership with Audaque Data Technology. The challenge will kick off on 9 February 2023.
NUS BAC is jointly supported by NUS Business School and NUS Computing and offers the Master of Science in Business Analytics (MSBA) programme. Since 2014, NUS BAC has organised annual business analytics competitions in partnership with top industry players to spur innovative solutions for real-life business problems.
Associate Professor James Pang, Co-Director of the NUS BAC, said, “Over the years, we have had very supportive partners working with us to ensure that the experience is relevant and enriching for participants. This year marks NUS BAC’s 10th anniversary, and we are happy to team up with Huawei to encourage participants to develop transformative ideas with AI and cloud technologies for the finance industry.”
“Interest in the annual challenge has also grown over the years. We are pleased to announce that this year’s competition, which was previously only for NUS students, will be open to students from all universities and polytechnics in Singapore. This makes way for more knowledge sharing and collaboration amongst students from different educational institutions, which could lead to greater achievements,” he added.
This year, participants will work together in teams of four to six to build a stock trading model based on historical transaction data that allows users to “buy low, sell high” at the best timing.
“We are proud to collaborate with NUS Business Analytics Centre on this Innovation Challenge,” shared Mr Zeng Xingyun, President of HUAWEI CLOUD APAC. “HUAWEI CLOUD strives to be one of the most comprehensive cloud service providers in the region. To achieve this goal, we will continue to tap on partnerships such as this to cultivate and nurture local talents that are agile, data-driven, and results-oriented. We believe that this will empower a generation of developers with fresh perspectives and mindsets to build a robust ecosystem, while creating shared values for global partners and customers.”
As part of a previous Memorandum of Understanding (MoU) signed between Huawei and NUS BAC, HUAWEI CLOUD will provide ModelArts, the company’s one-stop AI development platform for the innovation challenge. This will allow developers of any skill level to rapidly build, train, and deploy models anywhere – from the cloud to the edge.
Interested students can visit https://www.sg-innovationchallenge.org/ for more competition details. The organisers will also host a kick-off explanatory session on 9 February, 6 to 9.30 pm, at NUS School of Computing’s Lecture Theatre 19.
Shortlisted teams will receive coaching from the organisers to prepare for the finals. The winning team will walk away with a Grand Prize of S$10,000, while teams who come in second and third place will walk away with the Second Prize and Third Prize of S$5,000 and S$3,000, respectively.
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For media enquiries, please contact:
ANG Hui Min Acting Head, Corporate Communications NUS Business School National University of Singapore Tel: +65 6601 5857 Email: huimin19@nus.edu.sg
ANGUS CHENG Director, Public Affairs and Communications Huawei International Pte. Ltd Tel: +65 8262 1927 Email: angus.cheng@huawei.com
About National University of Singapore (NUS)
The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established our NUS Overseas Colleges programme in more than 15 cities around the world.
Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 30 university-level research institutes, research centres of excellence and corporate labs focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.
For more information on NUS, please visit www.nus.edu.sg
About NUS Business Analytics Centre
Established in 2013 as part of a collaboration with IBM to grow the talent pool of business analytics professionals, the National University of Singapore’s Business Analytics Centre (NUS BAC) is jointly supported by NUS Business School and NUS Computing. It offers the NUS Master of Science in Business Analytics (MSBA) programme, taught by award-winning academics from both Schools.
The NUS MSBA is a multi-disciplinary programme that facilitates experiential learning through a balance of intellectual academic rigour and hands-on application. Students will be well equipped with the most in-demand hard and soft skills, and gain the ability to understand, formulate and use relevant data science techniques and tools to resolve complex business analytics problems in a range of industries, including finance, retail, information technology, supply chain and healthcare.
NUS BAC has a strong industry community with more than 100 organisations from different industry sectors. To date, more than 700 industrial analytics projects have been completed by NUS MSBA students collaborating with NUS BAC industry partners.
For more info, visit https://msba.nus.edu.sg/
About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 195,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world.
Our vision and mission are to bring digital to every person, home and organisation for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; provide diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organisations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalised for people in all aspects of their life, whether they’re at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on:
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