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Singapore’s IMDA introduces Digital Economy Framework for Action to promote collaboration

Singapore’s IMDA introduces Digital Economy Framework for Action to promote collaboration

On 21 May, the
Infocomm Media Development Authority (IMDA)
introduced the Digital Economy Framework for Action to build Singapore’s
competitive edge in the digital era through promoting collaboration and
building vibrant ecosystems.

The Digital Economy Framework for Action seeks to enable
businesses to transform to digital businesses, empower workers with technology,
and create connected citizens. It encourages collaboration and partnership to
strengthen digital capabilities across the nation.

The Framework for Action comprises three thrusts:

1.      
Accelerate
digitalisation journeys of industries and companies

To accelerate the digitalisation of existing sectors, IMDA
is introducing three major programmes. They are the launch of:

(1) A
nationwide e-invoicing standard as a first step to get all businesses to start
their digitalisation journey. Singapore will adopt the Pan-European Public
Procurement On-Line (PEPPOL) e-invoicing standard and will become the first
national authority in Asia to do so.

(2) A
Federated Lockers and Collection Points Network to boost Singapore’s e-commerce
sector. BluPort and SingPost have been awarded the Federated Locker operators
for the pilots at Bukit Panjang and Punngol respectively. A tender has been
awarded to Parcel Perform to develop and run an open, interoperable nationwide
platform that allows different parcel operators to deliver to the federated
lockers, thus benefiting e-commerce businesses and consumers.

(3)
the Digital Project Management Services to enhance the SMEs Go Digital
programme to help SMEs with the implementation of their digital plans through a
pool of digital project managers. The Singapore Manufacturing Federation (SMF)
has been appointed as the first operator of these services.

2.      
Strengthen
Singapore’s ability to compete internationally

To grow Singapore’s competitiveness by integrating
ecosystems and fostering new ecosystems, the IMDA will launch the Open
Innovation Platform, a virtual crowd-sourcing platform to connect and match
problem owners and solution providers, in June 2018.

3.      
Transform
the infocomm and media (ICM) sector

To deepen capabilities in frontier technologies and nurture
the next generation of globally competitive digital champions, IMDA seeks to
help local media enterprises and professionals acquire new capabilities, and
partner new digital content platforms and integrated ecosystem players through
the Future of Media programme.

One of the frontier technologies that have been identified
to transform Singapore’s ICM sector is immersive media. As such, IMDA will
support the construction sector’s first pilot digital shared platform
incorporating multi-user VR environment. This is expected to improve
communications across the construction value chain resulting in cost saving and
shortened project delivery.

IMDA also launches the GoSecure initiative to
offer 200 ICT companies Security by Design Consultation and Vulnerability
Assessment at a nominal fee.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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