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Singapore remains poised to see continued growth in the blockchain and digital assets space in the coming year. Investments in Singapore Fintech have hit a 5-year high of US$3.9B in 2021, with digital asset and blockchain startups accounting for US$1.5B over 82 deals in 2021, a surge from US$109.8M in 2020. Such growth does come...
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With digital technologies advancing rapidly, Singapore’s response is to continually enhance its capabilities to ensure that it is not left behind, said Minister for Communications and Information Josephine Teo. In a SGTech Tech Talks with SGTech Chair Wong Wai Meng, she said the Government has set aside about S$25 billion on R&D, part of which...
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As Covid-19 restrictions recede into the background, SGTech Chair Wong Wai Meng caught up with IMDA CE Lew Chuen Hong, in a fireside chat on the renewed role of the tech industry in the coming years. Just as Singapore experienced how technology played a crucial role in helping residents cope with the crisis, Lew pointed...
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In a specially recorded interview for TransformLife.sg and SGTech’s 40th Anniversary Gala Dinner, SGTech Chair Wong Wai Meng shared that the Association would become the activist and advocate for the tech industry. He pointed out that the leadership of the Association for the past 40 years had laid  a strong foundation so that the tech...
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Think of technopreneurs, and household names like Apple, Facebook and Tesla come to mind. Closer to home, Razer, Lazada and Grab also had their foundations as innovative start-ups. But not all technopreneur stories end happily as studies show 90% of start-ups will fail. So what does it take for a technopreneur start-up to be among...
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Metaverse is an emerging immersive virtual environment, offering people the opportunity to collaborate, work, relax, transact, create and socialise. Still early in its evolution, many brands and companies are excited because the opportunities presented by interactive, digital worlds seem limitless. The word was first coined 30 years ago by author Neal Stephenson in his 1992...
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The past few years have given us a glimpse into the possibilities of remote work, and the opportunities that come with it. Workers are now calling for greater flexibility and work-life balance as they enter the post-pandemic era.  Our research to better understand the future of work has found that hybrid work is here to...
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Building internal capability was a way for Government to challenge the industry to move up the value chain, argues Chan Cheow Hoe, Government Chief Digital Officer and Deputy CEO, GovTech. This move came in the mid-2010s when most local tech companies were system integrators undertaking big projects like building monolithic ICT systems from scratch and...
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The pilot scheme for sustainable new data centre builds recently launched by the Singapore government represents a progressive leap forward for the country’s digital economy. It meets the world’s growing demand for data centre capacity and solidifies Singapore’s position as a regional connectivity hub, while also respecting the country’s commitments towards climate change. While data...
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Unstructured data is growing at breakneck speed, presenting opportunities for faster and smarter decision making. In fact, industry experts predict that unstructured data will account for 80% of all data in the next two to three years. From multimedia files, customer transactions, internet of things (IoT) sensor data to data from emerging technologies such as...
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