22 November 2018, Singapore: Infocomm Media Development Authority (IMDA) hosted the SG:D Industry Day Programme at Suntec City, Singapore. This event brought together key stakeholders to discuss Singapore’s transformation towards a Digital economy.
Minister of Communications and Information, S. Iswaran, launched a new initiative called GoCloud, to help small and medium-sized enterprises (SMEs) in the infocomm technology sector embrace emerging and advanced technologies. These efforts form part of the Services and Digital Economy Technology Roadmap termed as Services 4.0. This approach spans across industries such as logistics, banking, media and transportation, and will be a key driver for Singapore’s growth.
GoCloud will help SMEs to move towards Cloud Native Architecture – where software, systems and solutions are designed specifically to be deployed over a network, known as the cloud.
Mr Iswaran also announced a new 2-year programme to help companies collaborate with digital solution providers; The Digital Services Lab. This programme aims to bring together industry and research partners to solve digitalisation challenges specific to certain sectors.
“The services sector contributes to nearly 70% of GDP (Gross Domestic
Product) and employs up to 75% of the workforce.”
Minister Iswaran also mentioned Total eBiz Solutions in his speech stating,
Read the full speech, here.
Our CEO, Bijjala Radhakrishna, told ComputerWeekly that “his firm started modernising a slew of applications – including a project monitoring system – some 18 months ago. Going cloud-native, he said, has reaped time and cost savings for itself and its customers.”
Mr. Bijjala was also a panellist at the plenary and firechat sessions along with other members of the #SGDigital Cloud Community where the discussions revolved around how we and other SMEs like us are leveraging on cloud capabilities to constantly boost our technology expertise.
According to IMDA chief executive Tan Kiat How the GoCloud programme comes at a time when Singapore’s services sector is moving towards Services 4.0. This is expected to benefit some 200 SME tech suppliers, where services are delivered in an anticipatory manner using emerging technologies.
In the coming years digital and technological transformation will present many opportunities for Singapore’s economy. In this scenario, TeBS will move towards transforming the sector to deliver services that are end-to-end, frictionless, empathic and anticipatory of customer needs.