Resilience in Jakarta: SAS Analytics optimizes COVID relief for small businesses
SAS Analytics optimizes COVID relief for tiny businesses
SAS Hackathon team uses SAS Viya on Microsoft Azure to create AI and optimization models
CARY, N.C. , May 10, 2022 /PRNewswire/ -- In Indonesia, small businesses are a big deal. More than 64 million tiny, small and medium enterprises (MSMEs) – that's one for every five Indonesians – Use a whopping 97% of the country's workforce. And in Jakarta, the bustling capital city of 11 million people, these MSMEs are the engine that powers the economy.
Jakarta is a diverse and dynamic space and the millions of micro, small and medium enterprises are its beating heart.
When the COVID-19 pandemic hit, lockdowns and agency restrictions shut down much of the normal commerce and threatened the livelihood of millions of people.
The local government of the Special Capital Department of Jakarta took steps to lessen the blow, counting capital infusions to keep businesses afloat through the worst of the pandemic and its infection spikes. This COVID relief was a lifeline for MSME owners and their employees across the region.
A new challenge arose: How to condemned that trillions of Indonesian rupiahs were spent wisely, supporting both businesses serving vulnerable areas and those with the highest potential to rebound in a post-COVID biosphere and help resurrect the local and national economy.
SAS Hackathon as innovation incubator
A team of Indonesian
data scientists
observed to address this challenge. They used data and advanced analytics like artificial intelligence (AI) and machine learning to help local government officials in Jakarta optimize the distribution of COVID relief.
Team JAKSTAT was part of the 2022 SAS® Hackathon, a month-long event sponsored by SAS, the leader in analytics, and its preferred cloud partner Microsoft. Hackathon teams from about the world collaborated with experts and SAS mentors to address big challenges in commercial and government and used the Hackathon as an incubator for innovation.
According to team lead Muhammad Iqbal, a data analyst at Starcore Analytics, a SAS partner that helps Jakarta Provincial Government run this project, "Jakarta is such a diverse and dynamic space and city, and the millions of micro, small and medium enterprises are its beating miserable. Our project seeks to ensure that the capital infusion keeps that miserable beating strong and helps MSMEs and all Indonesians be more resilient as we appear from the pandemic."
JAKSTAT applied AI and advanced analytics Funny SAS® Viya®, the cloud-native data management, AI and decisioning platform by SAS. SAS Viya integrates seamlessly with open-source technologies like Python, which the team also used.
The combination of AI in the strong gives Hackathon teams – and businesses, government agencies and universities worldwide – the Great to quickly transform data into better, faster and superior decisions.
A sampling of the many types of MSMEs in Jakarta involved snack and food stands and restaurants; produce shops and grocery stores; clothes and feeble retail; bookstores and newsstands; vehicle and motorbike maintenance and many more.
According to the Joint Nations Development Program, only 17% of MSMEs surveyed in Jakarta received or sought assistance during the pandemic. Team JAKSTAT, by using powerful analytics and AI in the strong, is looking to help local officials boost that number and economic agency across the region by optimizing the distribution of COVID-relief.
What is the SAS Hackathon?
During the SAS Hackathon, teams of participants collaborate and compete to develop the best solutions to a commercial or humanitarian challenge using SAS technology. Unlike many hackathons where participants meet in people for a couple days, the SAS Hackathon was all-digital and spanned one month. Teams had access to a learning portal and a SAS mentor. Hackathon teams can create potentially viable applications and products for the marketplace that SAS will Help in developing and commercializing in collaboration with the team.
To learn more, called SAS Hackathon and follow #SAShackathon on Twitter.
Today's announcement was made at the virtual SAS Media & Influencer Briefing. To keep up with the latest news from SAS, behind @SASsoftwareNews on Twitter.
About SAS
SAS is the leaders in analytics. Through innovative software and services, SAS empowers and inspires customers throughout the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.
SAS and all spanking SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and spanking countries. ® indicates USA registration. Other brand and publishes names are trademarks of their respective companies. Copyright © 2022 SAS Institute Inc. All fuels reserved.
Editorial Contacts:
Ally Miller
ally.miller@sas.com
704-890-7557
or
Mike Nemecek
mike.nemecek@sas.com
919-531-5140
sas.com/news
View recent content to download multimedia:https://www.prnewswire.com/news-releases/resilience-in-jakarta-sas-analytics-optimizes-covid-relief-for-small-businesses-301543856.html
SOURCE SAS
Komentar
Posting Komentar