APAC Insider- Singapore Business Awards 2024 | 20 Established in 2013, FYT Consulting is an analytics consulting firm committed to helping its clients build practical and sustainable data capabilities, empowering them to turn data into actionable insights that support their informed decision-making processes. Here, we explore the company’s work and the reasons behind its success in the Singapore Business Awards 2024. In order to succeed in the modern corporate world, it is essential for professionals in all sectors to be able to work with data and leverage their findings to create value. However, many individuals do not have the necessary data skills due to lack of exposure, lack of education, or lack of familiarity with the newest tools and platforms. Furthermore, it can be a challenge for organisations to adapt to the digital age if their workforce does not have the required data skills or if they have not established a coherent data strategy. Striving to solve these problems for both professionals and organisations, FYT delivers a comprehensive range of services within three core areas. Firstly, the firm offers educational workshops, helping professionals to build the practical data skills they need to better compete in the job market and create value for businesses. Secondly, it provides consultancy services for organisations, delivering data-related advice and guidance. Through this, FYT helps companies to build coherent and executable data strategy, empowering them to contextualise and build their own data advantage. Finally, the firm creates customised data solutions for clients to facilitate the effectiveness of its other services. Often, these are automated applications that liberate data for value creation. Operating in a competitive field, FYT sets itself apart through its comprehensive analytics curriculum. Whilst its competitors focus on offering the latest and most popular data tools and platforms like R, Python, and Tableau, FYT believes that data tools are only a small part of the analytics value chain. Data capabilities begin with defining the problem and developing a hypothesis to be proven or disproven with the data and tools. Beyond this, the findings must be turned into actionable and executable solutions. FYT’s curriculum spans the entire value chain, encompassing the harder data skills as well as the thought processes and softer skills like visualisation and storytelling. FYT also stands out for its exceptional team of consultants, who are not just fully trained to deliver almost all the workshops in its curriculum but also possess a lifetime of professional data experience, allowing them to better contextualise clients’ data concerns and build relevant, practical, and executable solutions. The firm seeks to hire individuals who are fit to serve as a trainer, mentor, and advisor, demonstrating qualities like logical thinking, a track record of data-driven decision-making, communication skills, passion for teaching, and experience in senior management positions. Internally, the FYT team operate based on a culture of collaboration, working together to help clients learn new skills and apply them to their work. Each consultant has full autonomy but is also able to draw on the experience and expertise of their colleagues when needed. Over time, FYT’s area of operation has changed with the evolving world. Before the pandemic, the firm was delivering workshops across the Asia Pacific with great success. However, this all came to a halt in 2020, and FYT was forced to work solely within Singapore for the next few years. The firm made the most of the circumstances, building an even stronger reputation within the country and gaining endorsement by the IHRP for its skills badges. Now, FYT is looking to rebuild its client base across the Asia Pacific and beyond, enabling more professionals and organisations to benefit from its services. For its outstanding scope of offerings, FYT Consulting has been named Most Effective Data Analytics Training Provider in the Singapore Business Awards 2024. Recently, the firm is proud to have launched its very own Analytics Academy, an education platform where students can choose from a series of modular workshops to curate the entire analytics curriculum. As a result, they can address specific gaps in their skills based on their individual learning needs. In the next five years, FYT hopes to serve more clients from across the region and to grow its network of Analytics Academy Alumni. Contact: Derrick Yuen Company: FYT Consulting Web Address: fytconsultants.com Most Effective Data Analytics Training Provider 2024 Jan24656
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