EY opens four new regional centres in Singapore
By Digital News Asia March 21, 2016
- Focus on business transformation, cybersecurity, analytics and manufacturing
- EY making a multimillion-dollar, multi-year investment in Singapore
EY (formerly Ernst & Young) has launched four Centres of Excellence (CoEs) to provide digital business transformation strategy, cybersecurity, analytics and manufacturing services to companies in the Asia Pacific region.
The four centres are the Asia Pacific Advisory Centre; Asia Pacific Centre of Excellence for Analytics; Asia Pacific Centre of Excellence for Cybersecurity; and Asia Pacific Centre of Excellence for Manufacturing.
They represent EY’s commitment to a multimillion-dollar, multi-year investment in Singapore, the company said in a statement, without disclosing figures.
“Singapore is a strategic gateway to the Asia Pacific region, underpinned by strong economic fundamentals, trade connectivity, pro-business values and a strategic transformation vision to be a value-creating economy,” said EY Asean and Singapore managing partner Max Loh.
“The country provides a choice environment for our centres to continually capitalise on and develop the right talent and innovative approaches, and this is also where we see the confluence and intersections of our client’s business interests,” he added.
EY said its professionals at the centres have industry-leading experience and skills in the areas of analytics, cyber and information security, and manufacturing.
They will deliver integrated capabilities and industry insights in supply chain strategy, procurement, operating models, risk and finance transformation, and people and organisation change.
The centres will serve both global and regional multinational companies with large and complex Asia Pacific-wide transformation projects, EY added.
“With the continued growth of Asia and technological disruptions, Singapore is an ideal platform where key decision-makers based in Asia can seek sophisticated professional services and collaborate with partners who can help them chart their growth strategies and mitigate risks,” said Kelvin Wong, assistant managing director at the Singapore Economic Development Board (EDB).
“These [EY] centres will further consolidate Singapore’s position as a hub of subject matter expertise and capabilities that can address the complex needs of business leaders in the region,” he added.
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