Cloudera and OCBC Win Big Data Award

Cloudera and OCBC have been honored with the 'Best Big Data and Analytics Infrastructure Implementation' award at the Financial Technology Innovation Awards 2024. This accolade recognizes their successful collaboration in using data to improve banking services and foster innovation in the financial sector.

The award, bestowed by The Asian Banker organization, celebrates exceptional technological achievements in finance. Cloudera's expertise in enterprise AI, coupled with OCBC's prominent position in Southeast Asia's financial landscape, has significantly influenced the banking industry.

Remus Lim, Cloudera's Senior Vice President for Asia Pacific and Japan, stressed the significance of deriving business value from data. The partnership between Cloudera and OCBC has facilitated the adoption of advanced data analytics and machine learning, resulting in better customer experiences and enhanced risk management.

Tan Ban Horng, OCBC's Head of Data Platform, highlighted the strategic vision and operational excellence behind their Data and AI initiatives. By utilizing Cloudera's Data Platform and Machine Learning solutions, OCBC has empowered its data teams to efficiently explore vast data sets and implement AI applications, leading to operational efficiencies and personalized banking services.

Cloudera's dedication to enabling organizations to leverage data for transformative purposes is evident in their open data lakehouse architecture. Through secure data management and cloud-native analytics, Cloudera drives innovation and business performance across industries.

As a prominent figure in data management and analytics, Cloudera continues to advocate for the value of data and promote an ecosystem fueled by open source innovation.

The collaboration between Cloudera and OCBC, resulting in the award for Best Big Data and Analytics Infrastructure Implementation, showcases the power of data-driven strategies in revolutionizing the financial services sector. By harnessing data effectively, these two entities have set a benchmark for innovation and customer-centric solutions in banking, paving the way for a more data-driven future.