NTT DATA INSTITUTE OF MANAGEMENT CONSULTING, Inc. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Shigeki Yamaguchi; hereinafter referred to as "NTTDIOMC") has signed a Memorandum of Understanding (MOU) with Singapore Management University (hereinafter referred to as "SMU") on November 8th, 2024 to establish a strategic partnership aimed at deepening the understanding and practice of digital transformation (DX) management in the APAC region.
【 Background and Content of the Agreement 】
SMU was established in 2000 with funding from the Singapore government, modeled after the Wharton School of the University of Pennsylvania, a world-class business school, with the goal of producing outstanding leaders and creative entrepreneurs capable of responding to a rapidly changing world. As a leading business, management, and social sciences university and research institution in Asia, SMU has rapidly increased its presence in recent years by strengthening strategic connections with businesses, governments, and society.
Through this MOU, NTTDIOMC and SMU aim to enhance understanding and practice of the management transformations brought about by DX in the APAC region. SMU will contribute knowledge on cutting-edge DX management initiatives and theoretical frameworks drawn from on Singapore and ASEAN countries, while NTTDIOMC will bring broad experiences and insights from DX consulting in Japan. This collaboration aims to provide Japanese companies with extensive insights, theories, and frameworks of DX management, supporting the acceleration of DX initiatives.
With this agreement, NTTDIOMC will identify opportunities for joint research with the university, host business and networking events in both countries, and support internships and research missions for SMU students in Japan. Additionally, SMU seek to assist NTTDIOMC's consultants in understanding business and government activities in Singapore and the ASEAN region, develop training programs for Japanese professionals, and support the development of startup talent in both countries.
【Overview of MOU】
Date of Commencement | November 8th, 2024 | ||
|---|---|---|---|
Duration of the agreement | Three years from the date of conclusion | ||
Venue | Singapore Management University | ||
Purpose | Contributing to the development of business and talent development in Japan and Singapore. | ||
Content of agreement |
| ||
Contact | NTT DATA INSTITUTE OF MANAGEMENT CONSULTING, Inc. Global Business Development Center ( Jaivardhan Lal ) E-mail : inquiries-gbdc@nttdata-strategy.com | ||
【Comments】
Akihiro Ishizuka - Director, Global Business Development Center, NTT DATA INSTITUTE OF MANAGEMENT CONSULTING, Inc.
“By establishing a strategic partnership with Singapore Management University, which plays a significant role in advancing cutting-edge DX initiatives in Southeast Asia through collaboration among academia, industry, and government, we aim not only to provide broader support to Japanese companies but also to showcase Japan's leading initiatives in manufacturing DX to the world. This will enhance the presence of Japanese companies and foster partnership requests from overseas companies and academia, contributing to increased competitiveness.”
Catherine Chong - Director of Industry and Engagement Bureau, Singapore Management University
“This partnership with NTTDIOMC brings Singapore Management University’s Growth in Asia strategy to life, sparking cross-border innovation for a rapidly transforming world. By bringing together SMU’s expertise in Singaporean and Southeast Asian DX best practices with NTTDIOMC’s deep industry insights, we can empower Japanese companies to lead with agility and vision. With special focus on fintech and innovation and entrepreneurship, we look to build leaders who will shape the future of work and drive impactful change in Asia and beyond.”