THE Bank of the Philippine Islands (BPI) and the UnitedHealth Group Research and Development (UHG R&D) will collaborate to help train young data scientists who will mine the two firms’ rich trove of data for useful and profitable insights on products, clients and processes.
Through a memorandum of understanding, BPI and UHG, the largest health care company in the world, will roll out the BPI-UHG R&D Data Science Program, to create a data science powerhouse in the country where young data scientists develop the skills to handle huge amounts of data for better decision-making.
“Every minute, we collect a huge amount of data from our clients and operations. As part of our digital transformation, we will hire these data scientists and make use of advance analytics to optimize the data and come up with smarter decisions,” said BPI chief operating officer Ramon Jocson.
“We are after the best and the brightest minds in the country to work on world-class problems. We feel the Philippines has the talent base to be globally competitive,” said Patrick Reyes, UHG R&D’s head of Asia Pacific.
The trainees will receive a competitive salary and allowances during the 12-month training. Successful passers of the program will likewise have the opportunity to be hired by BPI and UHG R&D to join their respective data science teams. The first batch is expected to commence on July 1, 2019.
For more information on the BUDS Program, please visit www.bpi-uhg-datascience.com. (PR)