New Silkroutes, NTT Communications sign MOU to develop big data analytics solutions

NEW Silkroutes Group on Thursday said it has signed a memorandum of understanding (MOU) with NTT Communications Corporation to develop cutting-edge solutions in big data analytics, cloud-based services in e-government, real estate and facilities management, healthcare IT and energy conservation.

The MOU was signed between New Silkroutes' subsidiary Digiland Pte Ltd and Malaysia-based telecoms firm NTT MSC Sdn Bhd, a subsidiary of the Japan-headquartered NTT Communications whose ultimate holding company is Nippon Telegraph and Telephone Corporation.

New Silkroutes, formerly Digiland International, a loss-making computer distributor, last month appointed Goh Jin Hian, the son of Emeritus Senior Minister Goh Chok Tong, as chief executive officer.

Its shares rose 0.1 cent to 0.2 cent on Thursday.