New content recommendation engine will use machine learning to curate articles for individual readers
Singapore, 11 July 2018 - Singapore Press Holdings Ltd (“SPH”) is partnering local machine learning start-up DC Frontiers to develop a content recommendation engine driven by artificial intelligence.
Using machine learning, the content recommendation engine will employ both semantic analysis and collaborative filtering algorithms to understand SPH’s wide variety of content and its diverse base of users. It will then curate articles for each reader based on his or her individual news consumption habits and other attributes.
DC Frontiers, which specialises in corporate intelligence technology, is best known for its award-winning Handshakes product that uses sophisticated algorithms to map connections between companies and corporate leaders. SPH has a 25% stake in DC Frontiers.
Mr Anthony Tan, deputy CEO of SPH, said: “AI technologies offer great potential in the news and media industry, and we are keenly exploring ways to apply them to improve our products and better serve our users. With this engine, readers of The Straits Times and other digital news sites of Singapore Press Holdings (SPH) will soon be able to access more relevant content automatically tailored to their preferences. This will not only enhance the reader journey but also increase internal productivity within our newsrooms.”
Mr Daryl Neo, Founding Director of DC Frontiers, said: “We are pleased to collaborate with SPH on creating new value for its users. The news is a valuable source of curated reliable information, and this AI engine is an important foundation which will enable more things to come.”
The project, part of SPH’s ongoing drive to deepen audience engagement using cutting-edge technology, will be partially funded by the Infocomm Media Development Authority (“IMDA”). IMDA is supporting the project under its AI business partnership programme, which matches local companies with AI solutions providers to encourage and facilitate AI adoption among businesses in Singapore.
ISSUED BY SINGAPORE PRESS HOLDINGS LTD
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For more information, please contact:
Corporate Communications & CSR
Singapore Press Holdings Limited
DID: +65 6319 1982
Elaine Chrysta Tan
ExecutiveCorporate Communications & CSR
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
SPH's core business is publishing of newspapers, magazines and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.
On the property front, SPH owns 70% in a real estate investment trust called SPH REIT which comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road, The Clementi Mall, a mid-market suburban mall and The Rail Mall, a stretch of shopping and dining outlets along Upper Bukit Timah Road. SPH also owns and operates The Seletar Mall. It is developing a new commercial cum residential site at Woodleigh. It also has a stake in Chinatown Point.
It is in the aged care sector and owns Orange Valley, Singapore’s largest private nursing home operator.
SPH runs a regional events arm and a chain of Buzz retail outlets. It also invested in the education business.
For more information, please visit www.sph.com.sg.
Handshakes is an award-winning technology company specialising in corporate intelligence solutions. They serve investment professionals, compliance departments, and regulators. Their products use of data analytics and natural language processing technologies to conduct superior research about companies both public and private.
For more information, please visit www.handshakes.com.sg.