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Class offerings for students will be limited with new education mandate – McCook Daily Gazette

McCOOK, Neb. A new mandate from the Nebraska Legislature requires computer science classes for public school students, but how students will be assessed on it has some local administrators scratching their heads.

LB 1112, the Computer Science and Technology Act, was approved by state senators in the 2022 session. It requires that by 2024-25, computer science be integrated into the curriculum for kindergarten through 12th grade and by 2026-27, a one-semester computer science/technology class be required for graduation. Annual status reports are to be submitted to the Nebraska Department of Education.

But what those status reports should contain is still a little fuzzy and for now, how to assess student technology skills is vague as well. Superintendent Grant Norgaard said Monday night at the McCook School Board meeting that due to the poor quality of the language contained in the bill, he expects that it may get re-written. Based on the language in the legislation, the NDE is having difficulty establishing standards for schools to follow, Norgaard said.

In addition, the new requirement will limit class selection for students. Norgaard told the Gazette that at McCook Public Schools, instead of hiring another teacher for a computer science class, teachers who teach a business apps class or an entrepreneurial class will instead teach a computer science class.

McCook High School previously had a computer science class but that was folded into a financial literacy class, another class mandated by the state legislature in 2021.

Tina Williams, McCook Public Schools technology director, said the goal of LB 1112 is to make sure students have enough skills to compete in the tech world in the 21st century. Williams presented a synopsis of what students are currently doing at each grade level related to computer science. This starts as early as first grade when students learn how to log into the school districts computers. This isnt as easy as it sounds, she said, as students are still learning the alphabet and how to keyboard.

This year, learning gaps in computer skills will be identified as a way to collect data for the required status reports and also to find out what areas can be improved, Williams said.

Computer skills are fine but more importantly, students need to have critical thinking skills, said board member Tom Bredvick. Williams said this is being addressed and gave the example of a teacher saying to a student, This window doesnt look right, what should you do?

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IUK to partner with area schools to expand career exploration – Kokomo Tribune

Area high school students can get a jump on their future as Indiana University Kokomo is partnering with local high schools to offer more college and career opportunities.

IUK received a $1.2 million Explore, Engage and Experience (3E) grant from the Indiana Department of Education. The university partnered with four schools: Northwestern, Maconaquah, Tipton and Frankfort.

3E grants are through federal pandemic relief money and meant to expand career pathways for students.

IUKs grant will fund the development of additional pathways in business, health science, health care, computer science and possibly humanities and arts. Leah Nellis, IU senior advisor for regional campus K-12 initiatives, said these pathways were identified as needs and interests at the partnering high schools.

Pathways will be developed this year with a 2023-24 roll out. Courses through IUK are expected to be dual credit, meaning students will earn both high school and college credit.

The grant comes at a time when Northwestern is preparing to expand its career and technical courses. Its part of the districts multi-million-dollar school improvement project, expected to begin next year.

We really need to find our niche, said Superintendent Kristen Bilkey. This couldnt have come at a better time.

Pathways will be modeled after IUKs Tomorrows Teachers program, which helps high school students interested in becoming teachers earn credits toward an education degree.

Students can earn up to 12 credits that count toward a teaching degree before theyre a college freshman. IUK instructors teach courses at local high schools and students go to campus a few times.

Nellis said the model is helpful in multiple ways. Aside from being more affordable, it exposes students to the college experience. Students develop relationships with professors. Nellis said students who have gone through the Tomorrows Teachers program speak highly of their experience.

They already have relationships here (on campus), and it fosters a sense of confidence, she said. There wasnt that typical freshman experience of, Oh my gosh what am I doing?

Kokomo and Western schools participate in Tomorrows Teachers. The grant expands the program to more districts, including Tipton.

We think for us, its going to pay off in the end, said Tipton Superintendent Ryan Glaze. It really expands a great deal of opportunities for our kids.

The superintendent said the biggest draw of the grant for Tipton was that it affords for a college and career counselor position. This person will help students find available careers, stay on track to earn their diploma and/or degree and find internships and work-based learning opportunities.

Northwestern will add a similar position.

The school corporation was a partner in another 3E grant with Wabash Valley Education Center in Lafayette.

Bilkey said the education service center will assist in expanding education pathways at partner schools and help recruit teachers.

Both of these opportunities provide some funding to take chances to help our kids, Bilkey said.

IUKs transition to teaching program stands to get a boost, too. The program helps college graduates with a degree earn a teaching license, mainly for those wanting a career change.

Nellis said the grant will cover the cost for people in computer science or informatics get their license.

There are new Indiana standards for computer science, and a lack of teachers to teach them. Nellis said that although some schools have teachers who can teach the new standards, having teachers with a background in computer science will benefit students more.

We know there is a need for a computer science high school pathway, and schools dont have (the teachers), she said.

IUKs grant also includes career exploration curriculum for partnering schools. The curriculum is for grades kindergarten through eighth and meant to introduce students to possible careers.

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Meet the Mandela Washington Fellows | Northern Nevada International Center – Nevada Today

Bill Owiti

Bill Owiti has more than seven years of experience in technology and cloud-based solutions. Currently, Bill is technical projects and Salesforce lead at the Start Network, a group of more than 50 humanitarian agencies across five continents who work to transform humanitarian action through innovation, fast funding, early action, and locally led action. Bill was previously technology and Salesforce lead at the BOMA Project, a United States- and Kenya-based organization that focuses on eradicating extreme poverty in the African drylands. In addition, Bill has volunteered and set up cloud-based monitoring systems for other non-profit organizations, such as the Africa Yoga Project, Karura ACC, and the Kenya Drylands Education Fund. Bill holds a Bachelor of Science in Computer Science and many other certifications, including ITIL (Information Technology Infrastructure Library), Prince II, and Salesforce. Through his company, Cobitech Solutions, Bill is committed to digitizing non-profits through consultancy, voluntary, and pro bono arrangements. After completing the Mandela Washington Fellowship for Young African Leaders, Bill plans to expand his digitization of non-profits by using technology that will improve their visibility, impact, and program monitoring efforts.

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New IT university on the anvil for underprivileged students – The New Indian Express

By Express News Service

NEW DELHI: Aiming to bridge the worldwide supply-demand gap of computer science professionals, Sitare Foundation, a bootstrapped pan-India educational NGO, has announced the setting up of Sitare University, which will provide underprivileged students free world-class computer science undergraduate education.

The university has been envisioned by some of the most prominent leaders from the Silicon Valley, top American and European universities, industry leaders, and venture capitalists in an attempt to ensure that the brightest minds in India get an opportunity to study computer science, and become global technology leaders, a statement issued by the NGO said.

The Universitys curriculum will be spearheaded by renowned names from the academia and industry stalwarts, including Vishal Sikka, Founder Vianai and Former CEO of Infosys; Mehran Sahami, James and Ellenor Chesebrough Professor, Stanford University; Vijay Shekhar Sharma, Founder and CEO of Paytm; Joseph C. Ford Professor of Engineering, Department of Computer Science, Cornell University; and many other.

The university will initially start operations from Bhopal-based Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV) premises in the current academic year.

As part of this MoU, RGVP will provide the required infrastructure and the curriculum, academics, and faculty will be taken care of by the foundation.

The university will offer a four-year Bachelor of Technology in computer science alongside five specialised majors, covering multiple new-age technologies such as AI, Human-Computer Interactions, Blockchain Technologies, Computer Security etc.

The world is facing a severe shortage of high-quality computer scientists. India has a large population of very bright underprivileged children who do not reach their full potential due to lack of educational resources, said Amit Singhal, Founder of Sitare Foundation and Sitare University.

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All in the family three brothers majoring in aerospace at CU Boulder – University of Colorado Boulder

(From left) Dom, Phil, and Alex Miceli on the Pacific Ocean in Hawaii.

Phil, Alex, and Dom Miceli have a lot in common, especially their choice in college education the three brothers are all aerospace engineering students at the University of Colorado Boulder.

The trio are pursuing a challenging, in-demand career field that also honors the legacy of their father.

We were all good at math in high school, and it was always going to be some kind of engineering for me, but this especially would make him proud, Alex said.

Alex, 21, is a rising senior. Phil, 23, is wrapping up his masters in the aerospace BachelorsAccelerated Masters program, and Dom, 19, is a rising sophomore.

Their father Sal passed away in 2017. He began his career at Lockheed Martin after earning a degree in aerospace from CU Boulder, where he met their mother Kris, who was also an aerospace student and would go on to work at NASA.

They met in a summer electronics class, Phil said. He went over and asked if she needed help setting up her oscilloscope.

As the brothers grew up, both of their parents eventually moved out of aerospace. Their father opened a successful financial planning firm and their mother switched to software development, but aerospace always held a special significance in their lives.

There are so many cool projects that have been going on the last 10 years in aerospace, and Ive just always been interested, Dom said.

For Phil, aerospace offers a unique opportunity to bring together an array of disciplines.

I like computer science, but am pretty good at physics and didnt want that to go to waste, Phil said. I needed to do some sort of engineering too, and aerospace lets you apply physics, science, and math, and its cool.

While some siblings might not enjoy having their brothers pursue the same major at the same university and at the same time, no less the Micelis share an earnest camaraderie.

When Dom was applying to schools I was 100% you should come to CU Boulder. There was no resentment, Alex said. Phil and I also lived together for the 2020-21 year.

Having a brother a few years ahead of you in the same program does help with studying.

I was bugging Phil all through sophomore year with questions, Alex said. Dom also just finished Calc 3. Phil and I told him it was a tough class. We understand the trials and tribulations of the program.

It does lead to the occasional double take from classmates and friends, like when Alex invited Dom to join his fraternity.

People were surprised. Both of you in aerospace?! Actually, theres one more. Weve got an older brother too, Alex said.

Phil will complete his masters degree in August. He has a job lined up as a guidance, navigation, and controls engineer at Lockheed Martin, where he has interned for the last four years. Alex, meanwhile, is in his third summer interning at Northrup Grumman.

Dom is still undecided on a career path, but he has three years of his degree to complete, so there is plenty of time. This summer, he has a software internship at a firm in Denver.

As the three brothers grow in aerospace as young professionals, their mother is on the sidelines, cheering them on.

Our mom is very, very proud of us, Dom said, with a hint of embarrassment. Whenever were out and about she loves to gush to people about how all her kids are engineers.

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All in the family three brothers majoring in aerospace at CU Boulder - University of Colorado Boulder

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This week’s good things: Cleaning the Conestoga, history-making police chief, Warwick educator and more [editorial] – LNP | LancasterOnline

THE ISSUE: Its Friday, the day we take a few moments to highlight the good news in Lancaster County and the surrounding region. Some of these items are welcome developments on the economic front or for area neighborhoods. Others are local stories of achievement, perseverance, compassion and creativity that represent welcome points of light during the third year of the COVID-19 pandemic and with other difficult developments enveloping our nation and world. All of this uplifting news deserves a brighter spotlight.

Last year, we praised the members of the Conestoga River Club who helped to clean up that river after the remnants of Hurricane Ida brought as much as 8 inches of rain to parts of Lancaster County. In addition to pulling tree limbs and other natural debris from the waterway, the hardworking crew hauled out picnic tables, tires, benches and even a portable toilet.

But the work is never finished for these environmental warriors, and LNP | LancasterOnline outdoors columnist Ad Crable highlighted their latest efforts Sunday.

(The) 135-member Conestoga River Club and the Lower Susquehanna Riverkeeper Association have cobbled together an impressive $60,000 in grants to draw up a comprehensive plan for rehabilitating the river and its inadequately equipped paddling water trail for 30 miles, from Brownstown to the rivers marriage with the Susquehanna at Safe Harbor, Crable wrote.

Such work will reap great benefits for those who want to use the river recreationally. But Todd Roy, the Conestoga River Clubs president, doesnt want to stop there. He hopes that increased recreational usage of the Conestoga will spark local interest in existing efforts to address agriculture and urban stormwater runoff, as well as combined sewer overflow pollution in Lancaster city, Crable wrote.

Those needed efforts include placing vegetative buffers along key spots, planting trees and removing invasive plants from riverbanks.

Our message is, the river belongs to us, and that means its our responsibility to care for it, Roy said. The first effort is to make it more accessible and usable and highlight the need to get more people invested.

The efforts are necessary because the river still runs chocolate brown, as Crable describes it, after moderate or heavy rainfall, and most of its 62 miles are on the states impaired list for recreation.

Conservation efforts will take years and require a great deal of funding and sweat equity. But Roy and his clubs members are driven by a vision of what the Conestoga could be.

I want to see 7- and 8-year-old boys and girls playing in the river and having fun and waving at the fishermen, he told Crable.

We applaud the work of these stewards, who are striving to make that vision a reality.

In other good things:

Richard Mendez was sworn in this week as Lancaster citys first Hispanic chief of police.

At Tuesdays Lancaster City Council meeting, a crowd of nearly 40 people, including friends, family and police officers, gave Mendez a standing ovation and waved Puerto Rican flags, LNP | LancasterOnlines Jade Campos reported.

Mendezs father is Puerto Rican. The new chief of police, who was born in Lancaster and graduated from J.P. McCaskey High School, has served as the interim chief since May and is a 22-year veteran of Lancasters police department.

Its a historical moment (for) a Latino to serve Lancaster city, so Im sure our community, who is 30% to 40% Latino, is going to be very happy to see you succeed, council member Janet Diaz said.

LNP | LancasterOnlines Dan Nephin profiled Mendez last month and, in that article, Lancaster Police Officers Association President Steve Owens had this praise for Mendez: Chief Mendez knows the people. He knows their personalities. He knows their families. Hes empathetic to things going on in their life. That being said, he gets done what needs to get done.

He sounds like a great fit for an important job, and we wish him well.

Warwick High School teacher Jeffrey Wile has been named this years Exemplary Computer Science Educator in Pennsylvania for his work to expand computer science education to all students.

One of his accomplishments was starting a local chapter of the Computer Science Teacher Association to help teachers connect with and learn from one another, LNP | LancasterOnlines Ashley Stalnecker reported.

Reflecting over the past several years, I am thrilled with how far our computer science program at Warwick has grown and how Warwick students have taken advantage to learn computing skills in my classroom, Wile said in the news release from Warwick School District.

STEM instruction is vital for this generation of students. Its heartening that there are so many great teachers like Wile in Lancaster County who are dedicated to inspiring and instructing young people.

Finally, hats off to a local athlete. Manheim Central High School graduate Will Betancourt earned a silver medal in wrestling at the Pan-American Championships in Oaxtepec, Mexico, earlier this month.

Wrestling in the 61-kilogram division of the freestyle competition, Betancourt, who was representing Puerto Rico, lost the gold medal match to Ohio State recruit Nicholas Bouzakis, who was the U.S. competitor, LNP | LancasterOnlines Burt Wilson reported.

Betancourt will wrestle for the elite Penn State University wrestling program this year after previously being a student-athlete at Lock Haven University and Ohio State. He had 147 wins and captured an individual state championship on the wrestling mat while at Manheim Central.

We congratulate him for his impressive achievements and wish him success as he grapples with new challenges.

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This week's good things: Cleaning the Conestoga, history-making police chief, Warwick educator and more [editorial] - LNP | LancasterOnline

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NeoSystems and Deltek Join Forces to Deliver Services in the Cloud – PR Newswire

NeoSystems to host Deltek's Project Portfolio Management Suite, Costpoint Shop Floor Time, IBM Cognos Full Use and Third-party Customer Applications

RESTON, Va., July 12, 2022 /PRNewswire/ -- NeoSystems, a full-service strategic outsourcer, IT systems integrator and managed services provider to the government contracting market, is once again joining forces with Deltek, the leading global provider of software and solutions for project-based businesses. NeoSystems will host Deltek's Project Portfolio Management Suite and Costpoint Shop Floor Time applications, IBM's Cognos Full Use and third-party customer applications in NeoSystems.Cloud, a Defense Federal Acquisition Regulation Supplement (DFARS) 7012 and 7021 compliant cloud service offering.

The NeoSystems.Cloud offers Deltek government contracting customers a new option for hosting Deltek on-premises products that integrate with Deltek's Costpoint cloud solutions to help address the necessary controls to meet NIST 800-171, Cybersecurity Maturity Model Certification (CMMC) and Federal Risk and Authorization Management Program Moderate equivalent baseline requirements.

"We are thrilled to be named the preferred Deltek Marketplace partner for providing third-party cloud hosting services for businesses that are looking to move their on-premises applications to the cloud," said Michael Tinsley, CEO of NeoSystems. "Given our long and successful history of working together, this new arrangement brings significant incremental value to our mutual customers."

NeoSystems.Cloud Delivers a Purpose-Built Infrastructure

NeoSystems.Cloud provides a purpose-built infrastructure and systems for predictable performance and redundancy for disaster recovery and business continuity and can be used for data warehousing solutions and alternative private communication gateways for wide area networking terminations.

As a managed service, NeoSystems manages cloud deployments from build to application management, including software upgrades and patching, all backed by service level agreements for availability and response time, along with 24x7 proactive monitoring and technical support. NeoSystems also can help clients with Costpoint cloud integrations.

In addition, the NeoSystems.Cloud provides the foundation for the NeoSystems Secure Enclave which includes the security program to manage the sequestration of Controlled Unclassified Information (CUI) and Covered Defense Information (CDI) where authorized users can receive, store, process, edit, and share CUI/CDI while aligning with DFARS, International Traffic in Arms Regulations (ITAR), and CMMC requirements.

"NeoSystems has proven to be a strong partner to Deltek," said Todd Walker, Vice President of Product Management at Deltek. "They deliver incredible value to our mutual customers and can provide additional services that enable them to host and integrate on-premises products with Deltek's Costpoint cloud solutions. This allows customers to focus on their core business, without the need to manage or monitor their own cloud deployments."

NeoSystems currently hosts Deltek's Cobra, winsight Analytics, Open Plan, PM Compass, Costpoint Shop Floor Time and other third-party government contracting applications.

About NeoSystems

NeoSystems, based in Reston, Virginia, is a full service strategic outsourcer, IT systems integrator and managed service provider for the government contracting market. NeoSystems provides core solutions to more than 600 client companies and their 100,000+ client employees with its outsourced services by implementing hundreds of fully integrated financial, business and cyber management systems through best-of-breed technology and in-depth domain expertise inAccounting& Finance, IT, HR,Security and Hosting(SSAE18 SOC1 & SOC2, ITAR). NeoSystems has been named one of America's fastest growing private companies by Inc. Magazine. For more information, visit https://www.neosystemscorp.com. Follow us onTwitterandLinkedIn.

About Deltek

Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. http://www.deltek.com

SOURCE NeoSystems LLC

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This Could Be the Most Defensive Cloud Stock – The Motley Fool

Oracle (ORCL -0.83%) may not be the biggest cloud player, but its business model may be one of the most defensive. Unlike many cloud stocks, most of the company's earnings are derived from recurring software and cloud infrastructure revenue. Other cloud players have non-cloud segments that could be negatively affected by a slowing global economy. Here's how it works.

For decades, Oracle's legacy Enterprise Resource Planning (ERP) software has given its enterprise customers everything they need to run their multinational companies. ERP software handles everything from accounting, to project management, to compliance and supply chain operations. Oracle and its leading competitor, SAP, continue to dominate the space. The duopoly has treated the companies well over the years as the two companies collect recurring revenue from a growing list of contracted customers regardless of economic conditions.

Times have changed for software companies, and Oracle has embraced it. The company has built out its cloud infrastructure to allow its customers to migrate their software to the cloud and hire Oracle as their cloud service provider. Bundling the two services gives customers a cost and time advantage compared to hiring separate vendors for both.

Image source: Getty Images.

In its recently reported full-year financial results, Oracle noted that recurring revenue in its two cloud software offerings, Fusion ERP and NetSuite ERP, were up 20% and 27%, respectively. Its contracted cloud hosting service revenue was up 36% for the year.

With its recently closed acquisition of healthcare infrastructure company Cerner, Oracle will have an incredible opportunity to expand its defensive business. The combined business will allow Oracle to cross-sell its ERP software and cloud infrastructure services to Cerner's 27,000 customers.

Oracle may not be the first name that comes to mind when investors think of cloud stocks. Alphabet's Google Cloud, Microsoft Azure, and Amazon Web Services are the biggest players, but they come packaged with other business segments.

For instance, Google Cloud represented less than 10% of Alphabet's total revenue in the first quarter of 2022. Advertising represented 80% and fell nearly 11% from its previous quarter. Advertising revenue tends to dip during economic slowdowns, making the stock less defensive.

AWS made up 16% of Amazon's total revenue in the first quarter of 2022. Online and physical retail made up 70%, and advertising 7%. These businesses are also less defensive and will likely slow if the U.S. economy continues to stagger.

On the other hand, Oracle's cloud and licensing revenue made up 85% of its total revenue for the year ending in May. The company's software and cloud hosting revenue are recurring, meaning customers are locked into these services for multiple years in many cases. Oracle's business model is resilient and may make it one of the most defensive cloud stocks in the sector.

Beyond being a defensive business, growth prospects in Oracle's cloud hosting infrastructure business look attractive. In Oracle's full-year earnings press release, CEO Safra Catz remarked: "This Q4, we also experienced a major increase in demand in our infrastructure cloud business -- which grew 39% in constant currency. We believe that this revenue growth spike indicates that our infrastructure business has now entered a hyper-growth phase."

Unlike most defensive stocks, Oracle shares are down 18% year to date. However, the decline may offer investors a great valuation. The shares trade at a forward price-to-earnings ratio of 13.3 , cheaper than Alphabet at 19 and Amazon at a head-turning 70.

Oracle's shares may be a rare combination of defense and growth. If the market continues to tank in the coming months, Oracle stock may be one of the best-performing cloud stocks.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. BJ Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Amazon, and Microsoft. The Motley Fool recommends SAP SE. The Motley Fool has a disclosure policy.

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Bank of Queensland to go ‘all-in’ on public cloud – iTnews

Bank of Queensland intends to go "all-in" on public cloud and "exit its traditional data centres" under a plan taken to the bank's board for approval.

The bank revealed its intentions in a digital bank update slide deck [pdf] that was published to the ASX earlier this month.

Chief information officer Craig Ryman told iTnews that "strategically, we are all-in on the public cloud."

"Our intent will be to migrate everything to the public cloud as a starting point," Ryman said.

"There'll be some applications that won't have a return-on-investment [to migrate]; we'll ultimately want to retire them, and so we might have a few exceptions.

"But largely, we're all-in on public cloud and the vision I've got for BoQ is that we will be out of all data centres ... for public cloud."

The bank is currently in the midst of a core banking transformation withTemenos, which forms a central part of a $440 million multi-year transformation strategy unveiled in 2020.

It is buildingtwo related core platforms: one for its retail bank operations and one for its more complex business operations.

All retail brands - Virgin Money, BoQ and ME Bank - are moving to a Temenos T24 banking-as-a-service core.

Business customers will be served by a separate Temenos T24 core that is hosted on-premises in BoQ's private cloud environment, owing to the complexity of serving business users.

iTnews understands thebusiness instance is ultimately scheduled to shift from private cloud to public cloud hosting sometime in 2023, enabling BoQ to fulfil its public cloud ambitions.

Core strategy

Previously, Ryman said, BoQ operated as a "portfolio of businesses", each with its own systems.

"If you think about what it takes to build an end-to-end bank for where we're at at the moment, it's about 40-odd platforms," he said.

The group considered that "the fastest way of getting to the highest quality result was to build a new stack and take the complexity of migrating our customers to that stack in full, as opposed to trying to renovate all of the complexity that we had piece by piece."

The core consolidation will see all of the bank's operations moved to one end-to-end technology stack.

"Simple retail customers - VMA, BoQ and ME - will have this end-to-end cloud platform. Our complex customers will sit on a different origination and a different core banking platform," Ryman said.

"But largely there'll be lots of integration [points], like an enterprise cloud-based data and analytics stack that'll be leveraged across the group, a common CRM and a common customer experience layer which will have data analytics leveraged to create personalised customer experiences, and that'll sit across business and retail."

Progress scorecard

On the retail side, VMA - Virgin Money Australia - and BoQ Retail are both now in the cloud-based core, as ofApril.

"Virgin's been about 15 months and BoQ [retail] less than six months since we've gone live," Ryman said.

He said the group was buoyed by the strong response from customers. About 4 million transactions have already been processed through the core, and the bank has indicated that it is attracting a younger customer demographic.

Ryman said with very little marketing the Virgin Money and BOQ brands are just about to approach $1 billion dollars in deposits, proving customers are voting with their feet" to migrate their accounts across to the new core.

"I'm super proud about what the team's achieved," he said.

Still, there is more work to do.

ME Bank, acquired by BoQ in February 2021 for $1.3 billion, is next in line to be migrated to the Temenos cloud-based platform.

"What I'm looking forward to is, in the next 12 months, getting all three retail brands on this stack, getting lending on this stack, commencing our business bank transformation, and plugging in our data and analytics capability," Ryman said.

"I think we're going to see material benefits start to flow from that, showing up even more so in our business performance.

"This is a transformation that takes courage because as you could see by building it this way, we're taking all the costs of building all this new tech - the additional run costs of having yet another whole new end-to-end bank that we're running.

"We don't really get the significant benefits until we get lending on the stack and until we get material customer migrations on there that really enable us to show more of the tech transformation in our business performance results."

Ryman said hes also excited to bring improved technology to BoQ employees as theyve "not had the most contemporary tech to work with before.

An ultimately end-to-end cloud and digital stack would make a difference to their day-to-day jobs," he said.

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NTU Singapore and Alibaba continue investing in local students to create solutions for the world’s most pressing challenges – EurekAlert

image:The Hive, a 24 hour study hub for students at Nanyang Technological University, Singapore view more

Credit: NTU Singapore

To nurture R&D talents in Artificial Intelligence and other related areas, Alibaba Group and Nanyang Technological University, Singapore (NTU Singapore) announce that the Alibaba Talent Programme (ATP) will continue for a fourth year to support outstanding undergraduate and masters graduates to pursue their Doctor of Philosophy (PhD) degrees.

The ATP in NTU sponsors Singapore Citizens and Permanent Residents to pursue their postgraduate degrees in computer science disciplines at NTU Singapore, while completing an industrial R&D project at Alibaba.

This provides a unique opportunity for students to have hands-on experience at one or more of Alibabas research facilities, including the Alibaba-NTU Singapore Joint Research Institute (JRI), Alibabas first facility of its kind outside of its China headquarters. Each PhD candidate is mentored by at least one supervisor from NTU, and one co-supervisor from Alibaba.

New applicants can join the program in its Semester 1intakein August 2022 or Semester2 intakein January 2023.

ATP is supported by the Singapore Economic Development Boards Industrial Postgraduate Programme (IPP), which aims to provide postgraduate students with industry-relevant training in partnership with various industry partners and institutes of higher learning.

To date, the Alibaba-NTU JRI has attracted over 2500 applicants for the IPP PhD Programme, of 65 Singaporeans and SPRs were selected.

Professor Lam Khin Yong, Senior Vice President (Research), NTU, said: In February 2018, the JRI was established to focus on the human-centered research and development in emerging computing technologies that supports Singapores ambitious Smart Nation initiative and its industrial transformation. By hosting the ATP students at JRI, we hope to develop budding talents that will be future captains of the digital economy.

Dr Derek Wang, General Manager, Singapore, of Alibaba Cloud Intelligence, said: Almost everyone is in some way or form already living in the digital reality today. As a digital leader, it is part of our mission to make technology more inclusive and accessible for all in Singapore or anywhere in the world. The potential for digital technologies to create new value for business and society is bigger than we can imagine, and we hope to support Singapores role in realizing that potential.

Helping local students go further, faster

In addition to working with real business intelligence and tools from Alibaba Groups 12 different business units, students are also closely guided and supported by mentors from Alibaba Group, each a leading researcher in their field such as visual AI, Natural Language Processing(NLP), edge computing and autonomous driving.

Under their mentors supervision, previous and current students in the ATP programme have been given opportunities to bring their ideas to life. For instance, students have used medical imaging analysis and machine learning to predict the likelihood of dementia and Parkinsons disease in seniors, created digital twins of data centers that can replicate wind flow and temperature changes to facilitate research in effective cooling methods, and advanced autonomous driving-related projects.

Professor Chunyan Miao, Director, Alibaba-NTU Singapore Joint Research Institute, NTU, said: Tapping into our world-renowned faculty and existing partnerships with Alibaba Cloud, the ATP strived to equip the selected students with critical knowledge and skills in cloud computing, big data and AI technologies that are fueling our increasingly digitalised world and key drivers to fulfill Singapores Smart Nation ambitions.

Mr Bryan Lim Wei Yang, PhD Candidate at the Alibaba-NTU Joint Research Institute, who is also the recipient of the inaugural Alibaba-NTU JRI Most Promising IPP Student Award 2022, said: What I appreciate most from being part of this programme is being able to work on actual anonymized data sets. This allows us to develop more accurate solutions to problems we are facing. Being able to analyse data effectively is also another problem we face today and Im glad to learn from the best in Alibaba on how to do so effectively via big data and machine learning methodology, among others.

Mr Jiang Hongchao, PhD Candidate at the Alibaba-NTU Joint Research Institute, said: I want to make a difference by creating solutions that can actually be applied to real-world use cases rather than just engage in theoretical research. Working with the mentors in Alibaba who are all hard at work translating theory into practice has been immensely inspirational, and vastly shortened the learning curve for us to bring our own ideas to life.

Currently, more than 70 translational research projects projects translating research findings into practical applications have been initiated, with over 140 research papers published by the IPP students and staff from JRI.

Going forward, the JRI will expand its research undertakings that promote the advancement of sustainable development. By employing AI and cloud technologies, the JRI endeavours to play a key role in enabling new innovations and solutions to achieve Sustainable Development Goals as identified by the United Nations.

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