Visit from Hungarian Delegates - 17 Jan 08

A warm welcome to our guests from Hungary

A team of 6 Hungarian delegates visited SiTF on 17 Jan 08. The eGov Chapter was invited to share prospects on eGovernment in Singapore with our distinguished guests. Among our guests is Mr Géza Simon, Government Commissioner, eGovernment Centre, Prime Minister’s Office. Over 20 local delegates both from government and private sector were present to give our guests a warm reception.

Sharing between delegates

The session started as soon as everybody is settled down. To start off the sharing session, Dr József Bajó (Deputy Head of Office for Frequency Management, Central Office for Administration & Electronic Public Services) presented on the Hungary ICT market. The Hungary Government has initiated numerous policies such as eGovernment, eHungary and many more to improve the uptake of IT products and services. It is well known that Hungary is one of the most technologically advanced countries in central and eastern Europe, witnessing significant foreign direct investment due to its tremendous potential and favourable geographical location.

Following which, Mr Pek Yew Chai (Chairman of SiTF) gave a short introduction of SiTF. He was well supported by Mr Tan Sian Lip (Treasurer of eGov Chapter, SiTF), who presented on eGovernment in Singapore. Sharing on Singapore’s iGov2010 masterplan, Mr Tan also highlighted the strengths and opportunities in the industry.

Lunch suited to the taste of both local and Hungarian delegates

After a short Q&A session, a sumptuous buffet lunch was served. With food cartered to both local and Hungarian culture, delegates engrossed themselves to the wide spread of food. Amid filling up their stomach, the delegates also grab the chance to establish some valuable connections. All in all, this event was a fruitful sharing session for both countries to learn about the positives in each eGovernment system.

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Visual Code Consortium Luncheon Briefing - 16 Jan 08

Registration Begins!

SiTF’s Wireless Chapter is forming a consortium to explore visual code standardization across various industries in Singapore with the support of IDA. The aim of the consortium is to drive the uptake of visual code adoption and awareness in Singapore, work with ITSC to develop a Singapore visual code standard and also act as a platform where various parties interested in using this technology can interact and collaborate to develop and implement new ideas & services using visual codes.

Networking before the presentation

The luncheon briefing was heard at the Geek Terminal on 16 Jan 08, attracting over 40 invited guests who might be interested to join the consortium. Among the guests are iCell Network Pte Ltd, Singtel and Colorzip SEA Pte Ltd. Some guests arrived early and took the opportunity to network before the presentation segment start.

Mr James Loo, Chairman of Wireless Chapter, giving a presentation

Dr Tan Geok Leng, Chief Technology Officer, IDA, explaining the basics of visual code

The briefing was conducted by 2 presenters, mainly Mr James Loo, Chairman of SiTF Wireless Chapter and Dr Tan Geok Leng, Chief Technology Officer, IDA. Mr Loo introduced SiTF to the guests, elaborating on the role that SiTF play in this new initiative. On the other hand, it was Dr Tan’s duty to explain what visual codes is all about, giving the guests in-depth knowledge on the usage of visual codes.

Let’s have lunch!

Finally, the guests thoroughly enjoyed their lunch. While having lunch, they had yet another opportunity to interact and build their social network. The event was highly successful and well received. Many guests have already express interest in joining the consortium, embarking on an intriguing adventure.

For more pictures, visit our gallery.
Below are the presentation slides, available for download

SiTF ICT Business Outlook 2008

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SiTF 2008 ICT Business Outlook Agenda

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Singapore–Korea eLearning Business One-to-One Matching

An eLearning business one-to-one matching session was organized by Lecast Singapore, the newest eLC member of SiTF, and supported by SiTF on 10 Dec 07. The fruitful session involving 21 Singapore companies and 15 Korean companies was held at Carlton Hotel. Companies such as Microsoft, Askn Learn, Media Corp and Inter Touch had the opportunity to meet up with Korean companies like Credu, Quest and Cowon.

Opening speech by Mr Tay Chor Ter, Vice-Chairman of eLearning Chapter, SiTF

Before the long awaited meetings, opening speeches were given by representatives from KIEC and eLC/SiTF. Mr Tay Chor Ter, Vice-chairman of eLearning Chapter, represented SiTF in addressing the audience while the Korean representative shared some insights on the exciting eLearning situation in Korea. The topics no doubt grabbed the attention of the audience.

Various meetings being held at different parts of the conference venue

In a very busy day for the participants, the highly successful event managed over 130 meetings in a single day. An interpreter is attached to every Korean company to aid in the translation, thus overcoming the language barrier. This event truly presents the opportunity to connect companies which are miles apart, a rare opportunity indeed that would not be otherwise possible if not for KIEC and Lecast.

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About Korea Institute for Electronic Commerce (KIEC)

Korea Institute for Electronic Commerce(KIEC), established pursuant to the Framework Act on Electronic Transaction, is a public organization with delegated mandate to promote electronic commerce in Korea.

About Lecast
Lecast E-Learning development solution offer a highly productive, collaborative and cohesive e-learning development environment, creating a whole new era of E-Learning education framework. With Lecast Learning Management System (LMS), Content Management System (CMS) and our Technical Science Authoring tools a total e-learning development and management solution.

Members News - ILOG

Samsung Life Insurance selects ILOG BRMS for its Advanced Insurance Fraud Detection System

ILOG® (NASDAQ: ILOG; Euronext: ILO, ISIN: FR0004042364) today announced that ILOG JRules®, a key offering in ILOG’s business rule management system (BRMS) product line, has helped leading South Korean insurer Samsung Life Insurance identify fraud much faster through the creation of an advanced Insurance Fraud Detection System (IFDS). In addition to contributing to greater automation of the fraud detection process, ILOG JRules has shortened the inspection time for processing 10,000 claims from two weeks to just one day.

Similar to other countries in the Asia Pacific region, many of South Korea’s insured are entering retirement age. With escalating insurance policy adoption, there is an increased potential for insurance fraud. According to a statement from the Korean Financial Supervisory Service, the number of detected insurance fraud cases increased 46.4 percent in 2006 compared to 2005. Additionally, the trend for financial fraud crimes, such as insurance fraud, lost card fraud and tax evasion, is becoming more diversified and complicated.

Utilizing the ILOG JRules, Samsung Life can draw upon the knowledge accumulated from past insurance fraud management work and translate that knowledge into business rules that can be managed and executed by the BRMS, reducing the instances of fraudulent claims.

"Utilizing BRMS, we shortened the inspection process for processing 10,000 claims per day from 2 weeks to 1 day. The field workers can apply the new rules in real time. The more I get to know about the more advanced functions of ILOG BRMS, the more I am impressed by this incredible technology."

-Dongchul Park, Senior Manager, Claims Inspection Section,
Samsung Life Insurance.

ILOG also released its newest product ILOG CPLEX® 11, the latest version of ILOG’s market-leading optimization software with faster Mixed Integer Programming (MIP) performance. The enhanced performance enables the software to address complex real-world business requirements involving larger, more complicated problems that were often unsolvable by previous generations of optimization software. CPLEX 11 is also the first product on the market with the ability to return multiple MIP solutions out-of-the-box, supporting critical decision-making processes, especially in challenging manufacturing or transportation applications, where multiple or alternative plans or schedules must be considered.

ILOG CPLEX, the world’s most widely-deployed optimization software, improves business efficiency and decision making by allowing businesses to calculate the best utilization of existing resources and implement an action plan that can potentially deliver millions of dollars in savings. CPLEX is used to solve an array of optimization problems in industries as diverse as financial services, transportation and manufacturing in functions ranging from asset management, airline crew scheduling, vehicle routing and production planning.

For full story, please view the following links.

Press release 1

Press release 2