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Singapore Business Federation and IMDA renew agreement to drive digital transformation across Singapore business community

The Singapore Business Federation (SBF) and Infocomm Media Development Authority (IMDA) have officially renewed a Memorandum of Intent (MOI) on 22 September 2020 to reaffirm both party’s continued commitment to help drive digital transformation across the Singapore business community, promote the adoption of digital technologies and position them to seize opportunities in the digital economy over the next three years.

Mr Lew Chuen Hong, Chief Executive of IMDA said, “Digital transformation is necessary for businesses to grow and thrive in this new economic reality. Companies that can quickly move to adopt digital technologies and leverage digital platforms, stand to benefit not only from operational efficiencies, but importantly, the potential to scale and reach more partners and customers beyond Singapore. As IMDA leads Singapore’s digital transformation, the collaboration we have with SBF underscores the importance of supporting our businesses to catalyse growth in our Digital Economy.”

The areas of focus include:

Digital Transactions between Businesses – Help businesses understand and adopt digital B2B technologies such as e-invoicing and e-signatures, through outreach and awareness activities, and work with key industry partners to raise their level of adoption.

Digital Economy Agreements (DEA) and Cross Border Data Flows – Help businesses understand how they can leverage Singapore’s DEAs and initiatives such as the APEC Cross Border Privacy Rules and ASEAN Cross Border Data Flows Mechanism to operate seamlessly across borders.

SMEs Go Digital Outreach – Support the development of digital platforms and outreach to SMEs to help them understand their current digital readiness and facilitate the adoption of suitable digital solutions.

Empowering People & Embracing Digitalisation for Resilience & Resurgence

Speaking at this year’s Future Economy Conference and Exhibition (FECE), Mr Lim Ming Yan, Chairman of SBF said, “The COVID-19 situation has highlighted the need for businesses to adopt digital transformation to remain relevant and competitive. This collaboration between SBF and IMDA seeks to provide relevant support to businesses in their digital transformation efforts, including efforts to push boundaries and explore new growth markets.”

FECE 2020, from 22 to 23 September, features 19 industry-leading speakers from businesses such as banking, logistics, e-payments and e-commerce.

Themed Empowering People & Embracing Digitalisation for Resilience & Resurgence”, this year’s FECE is held online and more than 1,000 business owners and leaders have registered. The focus for FECE 2020 is on how businesses can optimise their digitalisation efforts and upskill their talent to reap sustainable business growth during this challenging period.

FECE 2020, now into its fourth annual edition, is organised by SBF in collaboration with five government agencies as strategic partners – Ministry of Trade and Industry, IMDA, SkillsFuture Singapore, Enterprise Singapore and Workforce Singapore – and 26 trade associations and chambers as supporting organisations.

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

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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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.