SIA buys into Aus tech

Travel Daily - - News -

SIN­GA­PORE Air­lines (SIA) has bought into Aus­tralian tech­nol­ogy firm Data Repub­lic as part of a strat­egy to in­crease the car­rier’s dig­i­tal ca­pa­bil­i­ties.

The air­line yes­ter­day an­nounced it had ac­quired a mi­nor­ity stake in the com­pany through a place­ment of new shares, hav­ing gained ap­proval from the Aus­tralian For­eign In­vest­ment Re­view Board.

Data Repub­lic has cre­ated a gov­er­nance plat­form called Se­nate, which al­lows or­gan­i­sa­tions to safely col­lab­o­rate on shared data projects in a se­cure en­vi­ron­ment.

It says its tech­nol­ogy pro­tects pri­vacy, pro­vides au­dit trails and en­sures data se­cu­rity.

“Sin­ga­pore Air­lines recog­nises the in­creas­ing im­por­tance that data plays in al­low­ing or­gan­i­sa­tions to have an en­riched un­der­stand­ing of cus­tomers’ pref­er­ences,” said SIA Se­nior Vice Pres­i­dent of In­for­ma­tion Tech­nol­ogy Ge­orge Wang.

“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,” he said.

SIA plans to work with Data Repub­lic to pro­vide or­gan­i­sa­tions with “a prac­ti­cal means to col­lab­o­rate and in­no­vate at speed us­ing Data Repub­lic’s unique se­cure data shar­ing tech­nol­ogy”.

It says it has been sig­nif­i­cantly en­hanc­ing its dig­i­tal ca­pa­bil­i­ties through a com­pany-wide pro­gram that in­cludes IT-re­lated re­cruit­ment, train­ing and staff in­volve­ment in in­no­va­tion projects, large-scale in­vest­ment in IT in­fra­struc­ture and in­creased col­lab­o­ra­tion with global tech­nol­ogy lead­ers, start-ups and re­search in­sti­tutes.

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