Singapore Airlines acquires minority stake in Data Republic
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Singapore Airlines has acquired a minority stake in Australia-founded Data Republic. The stake in Data Republic was acquired through a placement of new shares. Senate, Data Republic’s governance platform, enables organisations to safely collaborate on shared data projects in a secured environment, leveraging technology to protect privacy, provide audit trails and ensure data security.
George Wang, Senior Vice President Information Technology, Singapore Airlines said, “Singapore Airlines recognises the increasing importance that data plays in allowing organisations to have an enriched understanding of customers’ preferences. Our investment in Data Republic highlights our commitment to data innovation through a platform which leverages technology to ensure data security and privacy and further enhance our digital capabilities.”
SIA has been significantly enhancing its digital capabilities through a multi-phased programme which encompasses company-wide training programmes and participation by staff in innovation projects across the SIA Group; building digital capabilities through extensive IT-related recruitment and a shift to agile delivery of IT projects; large-scale investment in IT infrastructure; and increased collaboration with global tech leaders, start-ups and research institutes.