Singapore, October 6, 2010 – Singapore has emerged as one of the most advanced and progressive public sectors in the world in terms of ICT (Information and Communication technologies) investments and vision, finds Springboard Research, a leading innovator in the IT Market Research industry. The public sector IT spending in Singapore is set to reach US$ 1.2 billion in 2013, growing at a Compound Annual Growth Rate (CAGR) of 4.8 % from 2008-13.
The Springboard report, “Public Sector IT Opportunity - Singapore” further revealed that the Singapore government has its plans in place to spend US$ 800 million on ICT in the 2010 financial year. Among the 350 projects in the pipeline, the key ones are a new government portal, a revamped road monitoring system, Relocatable Clearance System for the home immigration & checkpoints authority, and an upgrade of Singapore’s national identity cards.
The other major initiatives taken by the Singapore government towards ICT include a 10-year, US$ 2.6 billion ICT master plan, Intelligent Nation 2015 (iN2015) and Nationwide Next Generation National Broadband Network (Next Gen NBN) deployment aimed at reaching 60% of households by end-2010, with full nationwide coverage expected by mid-2012.
“As a part of iN 2015, the government has reaffirmed its commitment towards Cloud Computing by issuing subsidies for the use of private and public Cloud services to selected Singapore-registered organizations,” said Nilotpal Chakravarti, Research Manager, Vertical Industries at Springboard Research. “The plan will eventually attract IT service providers and technology firms to Singapore which would further help in driving revenue along with keeping the local firms abreast with the Cloud Computing technologies” added Mr. Chakravarti.
Strong Growth in Government Services in Healthcare, Education and Defense
The Singapore Ministry of Health Holdings (MOHH) plans to implement a US$ 140 million project, National Electronic Health Record (NEHR) scheme to offer substantial improvements in productivity, accessibility to information and better quality of care. Apart from this, the government is also planning a Clinical Management System (CMS) cum Electronic Medical Record (EMR) system for general practitioners.
“The Singapore government is driving its efforts towards building social bridges by delivering several innovative e-services to its citizens. To further drive the efforts, IT platforms such as Singapore Internet Exchange (SGIX) and National Authentication Framework (NAF) have given a head start to the governments’ plans”, noted Mr. Chakravarti.
In addition, the report cited the Singapore Ministry of Education’s (MoE) plan to implement a US$ 624 million project, Standard ICT Operating Environment (SOE) for school’s ICT infrastructure. The FutureSchools@Singapore program, seeking to develop up to 15 schools with up-to-date teaching and learning methodology through utilization of ICT, is another impressive measure to integrate ICT into education.
Apart from the healthcare and education sectors, there have also been considerable investments in the defense sector for upgrading training systems, revamping the army portal and logistics management.
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About this ReportThe Springboard document “Public Sector IT Opportunity - Singapore” provides a comprehensive background of the public sector dynamics in Singapore to enable vendors to address market opportunities more successfully. This research leverages Springboard’s internal data on the Singapore public sector market environment and expert interviews with a select number of regulators, government bodies/agencies, and IT suppliers.
About Springboard Research With visionaries others pursue, methods others neglect and ideas others don’t consider, Springboard Research not only seeks to lead an industry – we seek to transform it. Leveraging our pioneering research model and industry thought leaders, Springboard provides greater insight, analysis, and innovation specific to global emerging markets. Working with leading technology vendors, IT professionals, and local channels, Springboard helps our clients lead, rather than follow, market trends.
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