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As part of this agreement, CapitaLand will join Microsoft Singapore’s AI Pinnacle Program which will provide the company with access to Microsoft’s cutting-edge technologies. This partnership will help CapitaLand increase its digital capabilities and drive business transformation.
This collaboration will open up a world of opportunities for CapitaLand. It will enable the company to explore potential areas of collaboration with Microsoft, such as infrastructure development, utilizing Microsoft’s Azure cloud computing platform to enhance CapitaLand Investment’s data center design and products, as well as incorporating AI, data analytics, and machine learning into its digital transformation efforts.
Quah Ley Hoon, Group Chief Corporate Officer of CapitaLand Investment, believes that the collaboration with Microsoft is a crucial step in the company’s digital transformation journey. He emphasizes the role of AI in shaping the future of the company and creating value for its stakeholders.
In addition, Capitaland Investment (CLI), the real asset management arm of CapitaLand, has also entered into an MoU with the Singapore Business Federation (SBF). The purpose of this MoU is to establish a framework for digitalization and integration of AI in CLI’s retail ecosystem. This partnership will help improve business efficiency and competitiveness by facilitating the adoption and proof of concept for AI, data analytics, and cybersecurity solutions. It will also focus on developing AI-centric competencies and skills among retail tenants.
In conclusion, this collaboration between Capitaland Group, Microsoft, and Singapore Business Federation will play a significant role in CapitaLand’s digital transformation journey. With the help of advanced technologies, CapitaLand will be able to enhance its businesses, improve customer engagement, and stay ahead of the competition.