Experian Opens DataLabs in Singapore

Information solutions giant Experian has invested in its existing innovation centre in Singapore to create its fourth DataLab, providing a collaborative research environment to help local businesses make sense of their data.

As well as driving Experian's own innovation capabilities, the DataLabs programme allows clients to work alongside the company's data experts and tap into their combined data assets. The Singapore DataLab has a particular focus on developing innovations to help the one billion people across Asia Pacific who don't have access to traditional forms of finance, by harnessing alternative data derived from smartphone use.

DataLabs is staffed with a multidisciplinary group of data scientists and applied research practitioners with expertise in advanced analytics and machine learning, as well as other advanced statistical methods. The new facility will co-ordinate with existing projects at Experian's three other DataLabs sites around the globe - in the US, the UK and Brazil.

Eric Haller (pictured), Global Head of the programme comments: 'Our Singapore DataLab will have an enhanced focus on innovation that helps consumers and businesses by building accurate profiles of people based on alternative sources of data, leveraging high levels of smartphone use in the region across all demographic groups. Working with consumers, we want to help them get the most out of their data, help them get access to the financial system and affordable credit - and ultimately help them to achieve their goals'.

Web site: www.experian.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.