Due to the advent of globalization, as well as significant technological advancements, Singapore’s technological sector needs to remain competitive.
In order to help us do so, the Infocomm Development Authority of Singapore (IDA) has created a Smart Nation vision, which outlines how advanced technology may be used to improve the lives of our citizens.
As outlined in MDA’s Infocomm 2025 report, legislative bodies have created strategies that adhere to Singapore’s Smart Nation vision.
Both citizens and companies are encouraged to achieve economic and social transformation, address national challenges, and build strong communities, through the use of a robust ‘Infocomm media ecosystem’.
According to the report, these objectives are achieved through three primary strategies. Infocommunications technology would be used to:
The first strategy intends to devise a flexible and reliable Infocomm platform, and to build this platform on ‘advanced communications technology’. MDA highlights developments in Singapore’s Infocommunications media infrastructure. These developments are observed through Singapore’s Heterogenous Network (HetNet), and its increased capabilities for data storage, computation, processing, media distribution and e-commerce.
The second strategy pursues improvements in Singapore’s workforce and academic bodies. It encourages employers and educators to build a technologically literate society. It also encourages them to cultivate entrepreneurial skills, as well as character development. These objectives may be achieved through online and traditional courses, which may be conducted within or without the institution itself.
The third strategy encourages sociability and connectivity across various industries. It encourages institutions to adopt ‘people-centric’ approaches; it prioritizes a community’s collective interests, as well as an individual’s psychological and physical development.
Singapore’s Infocommunications industry may experience exponential growth, as authoritative bodies have invested billions into its activities, and its recent developments. However, due to unpredictable corporate activities, and the speed of technological development, its growth may be temporarily curbed.
In order to ameliorate these setbacks, these strategies should be continuously refined as we discover more about the cyber marketplace, as well as the needs and wants of local and international communities.
Through the use of data analytics, we should be able to gauge consumer preferences, and remain informed about digital developments. As long as our nation takes active steps towards technological progression, we will continue to grow our digital industries.
Original Article published on 7th June 2016