
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
As Fintech innovations continue to disrupt the financial
industry, the state government of Victoria in Australia has been working
pro-actively to foster a thriving Fintech ecosystem. It is seeking to ensure that
Melbourne’s fintech sector reaches its full potential and continues to create
jobs, businesses, technologies and exports.
Last week, the Victorian Government led a delegation of
Fintech companies to Singapore for Money 2020 Asia. During a Corporate Access
day prior to the event, OpenGov spoke to Amelia Fyfield, Deputy Commissioner,
Southeast Asia, at Trade and Investment Victoria and Alex Veale, Trade
Specialist- Professional Services, Trade Victoria, under the Department of
Economic Development, Jobs, Transport and Resources (DEDJTR), to learn more
about how the state government is working to help the state’s Fintech sector
realise its potential.
Victoria’s strengths
The financial services sector is the largest contributor to
the Victorian economy, generating
around A$40 billion (around 11% of the Gross State Product) and employing
more than 115,000 people.
Melbourne is home to two of Australia’s big four global
banks – ANZ and NAB – and is the dominant city both for Australia’s industry
pension funds and its largest health insurers. Australia’s sovereign wealth
fund, the A$130 billion Future Fund, is also headquartered in Melbourne.
At the same time, Melbourne’s ICT sector has a strong track
record of developing world-class technology-enabled businesses, estimated to be
worth A$34.8 billion, including A$2.16 billion in exported services. Melbourne
has recognised strength in cybersecurity knowledge and the Victorian Government
has committed to grow the state’s cyber security industry with funding and
resources.
The industry is supported by a growing network of angel and
seed investors, incubator and accelerator programmes and a top-notch university
system that is actively engaged in technology-related collaboration and R&D
with industry. Melbourne produces more ICT graduates than any other city in
Australia, enabling supply of a highly skilled talent pool.
Today Melbourne has a growing Fintech ecosystem worth US$300
million and featuring approximately 60 companies employing more than 500
people, and dominated by wealth management and payment companies.
Examples include, Moula,
a provider of working capital to small and medium businesses, with average
loans of A$30,000 and Six Park, which
uses advanced robo-advice technology, along with human oversight, to assist investors
to create a diversified portfolio of ASX-listed Exchange Traded Funds in
accordance with their personal risk profile and investment horizon.
Connecting the dots
International expansion
As many Victorian Fintech companies increasingly look
towards Asia for growth, Ms Fyfield explained that the government’s role in
this is essentially that of a broker.
DEDJTR has a Trade and Investment Office based in Singapore,
which has developed a network of contacts in the Fintech space, with venture
capitalists (VCs), banks, and telecommunication companies. There is a
sector-based team in Melbourne which has a great understanding of the players
in the Victorian Fintech space and their strengths. The two work together to
connect the Fintech companies from Melbourne to global markets, helping the
companies understand what the market is looking for.
This includes companies who are most likely to benefit from
the services that the Fintech companies are providing or who would have an
interest in investing in those companies to help them grow and expand across
the region.
“Singapore, in particular, is gaining recognition as a
Fintech hub in south east Asia. So, it was an obvious next step to encourage
some of those companies to come up to Singapore, and to have a look at what’s
happening here, what the regulatory system is like, what the banks are looking
for, what the VCs are looking for,” Ms Fyfield explained.
Networks, incubators and accelerators
Mr Veale highlighted the government’s collaborations with
industry bodies, such as Fintech
Victoria and FinTech Australia
as well as accelerators and startup hubs across the state.
FinTech Melbourne
has over 2,000 members and it received A$30,000
from LaunchVic, the lead startup ecosystem
development agency for the State of Victoria, to grow more rigour and
robustness in the local fintech community.
In 2016 Collab / Collide Melbourne hosted Australia’s first national
fintech conference – supported with a A$300,000 grant
from LaunchVic.
In December 2017, the Victorian Government announced
the launch of two new Fintech hubs, in collaboration with Stone & Chalk and YBF Ventures (formerly known as York Butter
Factory).
Stone & Chalk is an independent Australian Fintech
startup specialist that already has 300 entrepreneurs working in more than 60
startups who have collectively raised more than A$100 million in funding.
The Stone & Chalk hub is located at the Goods Shed North
in Docklands, joining existing cyber security organisations including the Data61
Cybersecurity Innovation Hub, to establish a fintech and cyber security
precinct.
The YBF Ventures hub at 520 Bourke Street will offer a range
of advisory services focused on helping fintech startups develop and
commercialise business concepts. It will also partner with Startupbootcamp to
deliver a FinTech Accelerator Program.
In addition to these, there are numerous incubators (BlueChilli,
STC Incubator) and accelerators ( Melbourne Accelerator Program, Slingshot
Accelerator), meeting the needs of startups at various stages in their
development, by providing workspace, services, mentorship and programmes to
help them achieve their goals.
Meanwhile, the national markets regulator, Australian
Securities and Investment Commission (ASIC) has an Innovation
Hub, which helps Fintech startups navigate the regulatory system.
Education
The educational institutions are also a critical component
of the ecosystem.
Looking at the emerging blockchain space, last September,
the Royal Melbourne Institute of Technology (RMIT) established
a Blockchain
Innovation Hub, described as the world’s first research centre on the
social science of blockchain. The hub is developing an interdisciplinary
research team focused on the economic, cultural and social implications and
impacts of blockchain technologies. It will engage with government, policymakers,
stakeholders and the public debate on the social and policy impact of
blockchain technology.
In response to the growing importance of blockchain as an
emerging industry, RMIT launched
Australia’s first university short course on blockchain strategy in February
2018.
Organisations, like the Blockchain Centre are also providing
free and paid education courses for the blockchain and crypto-currency space. Mr
Veale said that they are planning to open 20 new centres around the world, in
places ranging from Lithuania to Colombia and south east Asia, over the next
couple of years.
Mr Veale said, “It comes down to promoting a vibrant and
creative city in which an industry like Fintech, that’s so much about
stretching accepted norms, disrupting established business as usual, can really
flourish. Melbourne takes a lot of pride in being a liveable city that attracts
talent and retains it. These are all really key component blocks to creating a
place that is a vibrant welcoming space for innovation in fintech and in all
other sorts of fields.”

- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
As part of efforts to expand Singapore’s electric vehicle (EV) charging infrastructure, all Housing and Development Board (HDB) car parks in at least eight towns will be fitted with EV chargers by 2025. The aim is to make every HDB town an “EV-ready” town by the 2030s, said Transport Minister Ong Ye Kung.
The eight – Ang Mo Kio, Bedok, Choa Chu Kang, Jurong West, Punggol, Queenstown, Sembawang and the upcoming Tengah town – are part of a “town-centric” approach being taken for the installation of charging points, said Minister.
The towns were chosen as they are spread across Singapore and have a high concentration of car parks with an existing electrical capacity to support charging point deployment, said the Land Transport Authority (LTA). In the near term, charging points will be installed in a variety of public car parks island-wide where suitable and where there is spare electrical capacity, it added.
The agency noted that the first tender for charging points – more than 600 of them at about 200 public car parks – was issued by the Urban Redevelopment Authority (URA) and LTA last year. Accordingly, an industry consultation on the private sector’s participation in public charger deployment will be launched later. The agency assumes one-third of cars are EVs by 2030, so this translates into an EV to charging point ratio of about 5:1, noting that estimates of the optimum ratio between EVs and charging points range from five to 10 vehicles per point.
For the national public charging standards, Minister also said that the country has settled on Type 2 for AC charging and CCS 2 for DC or fast charging. With a range of about 400km to 500km per charge, a typical EV user would need to charge about once every five days, adding that charging points would need to be shared, especially in public car parks. That way, the Government will be able to minimise electrical infrastructure upgrades and tap on the spare electrical capacity in all public car parks and install charging points as quickly as possible.
Accordingly, a new EV Common Charger Grant will be introduced to kickstart the expansion of shared charging infrastructure in existing “non-landed private residences” such as condominiums. To be administered by the LTA, the grant will co-fund the installation of 2,000 chargers in such residences between July this year and December 2023, subject to a cap. This requirement will be imposed in due course on new private developments, as well as existing buildings undergoing major redevelopment, LTA said, adding that more details will be released later.
Moreover, a new National Electric Vehicle Centre (NEVC), set up under the LTA, will also lead the drive to promote wider EV adoption. In addition to planning for the expansion of the nationwide EV charging infrastructure, NEVC will also lead efforts to review EV regulations and standards and develop a robust EV ecosystem in Singapore, said the agency.
The new centres will work with partners to equip the workforce with new capabilities, anchor new EV-related activities in the country, and facilitate the safe and innovative development of new EV-related technologies, it added.
As reported by OpenGov Asia, these recent developments are in line with the Government’s mission to further encourage the adoption of shifting from traditional petrol-fuelled vehicles to electric vehicles or EVs. The Government will allocate S$30 million for projects and initiatives supporting the shift. They will also introduce more incentives to narrow the “cost differential” between electric cars and internal combustion engine cars, announced Finance Minister Heng Swee Keat in his Budget speech.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Most of small and medium enterprises (SMEs) in New Zealand have realised the reality of conducting their businesses in the digital space. Systems encrypted with ransomware, data breaches, business disruptions, frauds and other forms of cyber-attacks can be fatal to an online business especially to an SME.
Companies have seen small businesses brought to the edge of extinction due to a range of cyber-attacks. COVID-19 has made this worse as remote access solutions (such as Remote Desktop Protocol (RDP) and Virtual Private Networks (VPNs) are often not effectively deployed leaving vulnerabilities that are easy to find by even low-skilled cybercriminals. The costs of having a professional cybersecurity programme are often out of the question for most SMEs.
In light of this, a New Zealand-based start-up is trying to push down the cost of cyber-security and make a business for itself by encouraging other small businesses to take control of their systems. The developer has a homegrown, software-as-a-service (SaaS) offering that looks to disrupt the traditional consultant-dominated industry model. Currently, six businesses have completed a beta program with the tech company.
The tech start-up wants to give small tech businesses the ability to self-assess and confidently operate their cybersecurity programmes. Cybersecurity practice has been confusing, inaccessible and left to the domain of industry consultants, says the founder and CEO.
The developer is looking to “democratise” cybersecurity practices in the country. According to him, cybersecurity help has been traditionally out of reach for many businesses due to cost, and while the quality of service available is of a very high calibre, many businesses are starting with the basics and looking to improve from there.
He also said that they are born out of the real need to make it easier and more affordable for technology companies to improve and begin to operate their security programmes with confidence.
The company plans to give SMEs an understanding of where the gaps are, a custom roadmap of what to do next and a world-class product experience to run and operate their security programme over the long term. They believe that they are filling an important gap in the market for an offering that comes in between the thoughts “wish we were doing better” and “prohibitively expensive professional services”. There is certainly a time and place for professional help, but most do not need it in the beginning.
Accordingly, leading innovators in the country said that with the emerging situation as an unprecedented crisis, the COVID-19 pandemic has certainly changed the way people work, live, consume, and travel. To adapt to these transitions, SMEs are actively seeking ways to reinvent themselves as per next-normal operating models. Businesses can no longer count on pre-coronavirus data and analysis that have substantially changed across different industries.
The coronavirus crisis has made it compelling for SMEs to endorse digital transformation to evolve and survive in the post-COVID world. This unexpected change has opened a slew of opportunities for SMEs to become future-ready and set the stage for a digital revolution.
Looking beyond the pandemic, the sector is already gearing up for this revolution. Cyber resilience and innovative customer service programmes will be critical. SMEs can boost its growth prospects by continuing to innovate for the sake of sustainability. Besides, no business ever grows without having to evolve into something more. In addition to these practices, SMEs can also explore venturing into new verticals that are gaining prominence in the new normal environment.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Speaking at The Global BioIndia 2021, Vice President M. Venkaiah Naidu said that India’s biotechnology industry is built on the 4 core beliefs of entrepreneurship, innovation, development of local talent and demonstrating high value-based care. He acknowledged that the field has emerged as the backbone of several areas in recent times. With its strong tech and industrial capabilities, India is in a unique position to transition from the biotech industry to a bio-economy.
The Vice President exhorted upon scientists and researchers to be prepared to combat new and emerging diseases. He stressed the need to leverage the huge potential of the biotechnology sector to create and generate new interventions to address the challenges faced by agriculture and allied sectors. The current pandemic has reinforced the need to be ever vigilant to tackle an outbreak of sudden and unforeseen epidemics and pandemics.
In fact, in large part, the pandemic was a catalyst and accelerator of development in the sector. Major disruptions of supply chains including imports of critical products and raw material further concretised the resolve for the nation to become atmanirbhar (self-reliant).
The Department of Biotechnology deserves recognition for working relentlessly to mitigate the COVID-19-induced crisis through the development of high-tech diagnostics, innovative protection equipment and vaccines. It scaled up production capacity and streamlined regulatory response to ensure the rapid and safe rollout of necessary measures.
With the immense potential the biotech sector presents, the government has eased compliance and approvals for the ecopreneurs. The proactive initiatives have resulted in a multifold impact reflected in the number of innovators, technologies and products, incubation space and IPs generated in the last year.
Citing the attractiveness of India’s value proposition and comparative advantage in the bio-economy, the ‘Make in India’ initiative and Atmanirbhar Bharat ideology will help to achieve the paradigm shift from biotech to bio-economy.
Dr Harsh Vardhan, Minister of Science & Technology, Earth Sciences and Health & Family Welfare, emphasised that the global impact of COVID-19 has brought greater recognition of the biotech sector’s influence on innovation and technology adoption in pharma, medtech, agriculture and allied areas, clean solutions, and industrial bio-manufacturing.
The industry is divided into five major segments: bio-pharma, bio-services, bio-Agri, bio-industrial and bioinformatics. The biotechnology sector in India has been growing at 14.7% year-on-year, with it being evaluated to about US$ 51 bn in 2018. While it may account for only 2% of the global market share, it is 3rd in the Asia Pacific region in terms of the number of companies.
About 40% of these are in the biopharma segment and the rest are in agribiotech, bioinformatics, industrial biotechnology and bioservices. India has the tremendous potential to become a global player in the biotechnology sector because of its cost-effective products and services.
The Global BioIndia 2021 showcased India’s strength in the biotechnology sector. India’s biotech sector has the ambitious target of US$ 100 billion bio-manufacturing hub and becoming a US$ 150 billion industry by 2025.
As the nation strives to become a knowledge- and innovation-driven economy, it is imperative its development is holistic – academia and industry must collaborate. India needs to focus on developing skilled manpower – all stakeholders must actively look at training and upskilling the workforce. In addition, the country must address infrastructure, quality compliance, venture funding and regulatory and IPR issues.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Registering a corporation with the Securities and Exchange Commission (SEC), and tax transactions with the Bureau of Internal Revenue (BIR) are now simpler, faster, and more convenient as the government launched the first phase of its Central Business Portal (CBP).
The CBP is an online system that offers a single site/one-stop-shop for all business-related information and transactions, such as registering a corporation, registering a business, and securing business permits/certificates, licences from said government agencies. It is created under RA No. 11032 or the Ease of Doing Business Act and is a project spearheaded by the Anti-Red Tape Authority (ARTA), in collaboration with the Department of Information Technology (DICT), BIR, SEC, PhilHealth, and Pag-IBIG.
For its initial implementation (Phase 1), the CBP shall be available to the domestic corporations, particularly one-person corporation, corporations with two to four incorporators; regular corporations whose incorporators are juridical entities and/or the capital structure is not covered by the 25%-25% rule, who intends to register their businesses.
The portal provides a Unified Application Form (UAF) for all agencies involved in the business registration process. Thus, citizens who are registering a corporation no longer need to accomplish and file several registration forms in different government agencies.
Also, the Commissioner of the Bureau of Internal Revenue (BIR) expressed his optimism that with the recently launched online registration platform, more taxpayers will find it easier and faster to comply with the registration requirements of the government. He hopes that it will put delays, bureaucratic gridlocks, and inefficiencies behind them. It will likewise put more taxpayers into the tax net thereby strengthening revenue collection efforts and eventually pump more lifeblood into the veins of government operations, the Commissioner added.
Among the BIR-related features of the CBP are online generation/issuance of Taxpayer Identification Number (TIN) of new corporations; identification of the national internal revenue taxes which the new corporations will be liable to; online payment of the annual registration fee (ARF) of PHP500 and Documentary Stamp Tax (DST) of PHP30 and generation of BIR Electronic Certificate of Registration (COR). The electronic COR bears a Quick Response (QR) Code that serves as a security feature to prove the authenticity of the COR.
New corporations registering through CBP are likewise given an option to pay their ARF and loose DST manually. However, when they choose this option, they shall complete their business registration at the respective Revenue District Office (RDO) by submitting the printed CBP-generated documents, and other documentary requirements prescribed by the Bureau in its Revenue Memorandum Circular No. 15-2021.
Taxpayers that opted to pay electronically through the CBP shall, after securing/printing the BIR electronic COR through the CBP, proceed to the RDO indicated in the electronic COR, to buy its BIR Printed Receipts/Invoices (BPR/BPI) to start its business operation immediately after its registration. Otherwise, it may apply for Authority to Print (ATP) its receipts/invoices to be printed by BIR Accredited Printers.
As reported by OpenGov Asia, DICT has committed to eliminate bureaucratic red tape as well as streamline business registration processes in the country through the CBP.
The Director-General of the Anti-Red Tape Authority is also positive that the CBP will suppress corruption in the government. He further said that this will be possible by the lack of human intervention in the process. Every signature, every stop in the process, wherein there is a need to speak with a government employee is an opportunity for corruption. Therefore, streamlining the process online removes the stress caused by lining up and removal of fixers and corruption. It is also envisioned to cover the Department of Trade and Industries (DTI), social agencies in the country.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Cyber Security Agency of Singapore (CSA) will launch the SG Cyber Safe Programme to help Singapore enterprises to raise their cybersecurity posture.
The programme is part of the Safer Cyberspace Masterplan launched in October 2020, which aims to raise Singapore’s general level of cybersecurity.
In a speech by Dr Janil Puthucheary, Senior Minister of State, Ministry of Communications and Information at the MCI Committee of Supply Debate 2021, he said “Cybersecurity, therefore has to be a collective effort and a core part of our lives in this digital age-integrated into the products we use and the way that we behave online.”
“As more enterprises go digital, our exposure to cyber threats grows in parallel. Cyber attacks on companies have a far-reaching impact on our wider economy. So, as part of the Safer Cyberspace Masterplan, CSA will launch the SG Cyber Safe Programme to support companies in strengthening their cybersecurity.”
The SG Cyber Safe Programme is a concerted effort by the Government to help enterprises better protect themselves in the digital domain. Under this programme, initiatives to be introduced include:
Cybersecurity toolkits.
The toolkits, targeted at key enterprise stakeholders such as enterprise leaders, technical teams and employees, will provide leaders with a deeper understanding of cybersecurity issues and threats. It will also enable them to implement cybersecurity measures, including employee training, within the organisation.
CSA will be rolling out the employee cybersecurity toolkit by the end of 2021. For a start, CSA has worked with Smart Nation and Digital Government Group (SNDGG) and Civil Service College (CSC) to adapt existing cybersecurity modules – originally developed for public officers – for employees in the private sector.
Tools for enterprises to self-assess their cybersecurity posture.
This includes the Exercise-in-a-Box Singapore incident response simulation tool, which will be launched in partnership with the United Kingdom’s National Cyber Security Centre in the later half of 2021. CSA will also develop assessment tools on enterprises’ Internet domain, connectivity and email health.
SG Cyber Safe Trustmark.
The Trustmark will serve as a mark of distinction for enterprises that have put in place good cybersecurity measures that correspond to their risk profiles.
CSA will start industry consultations on the SG Cyber Safe Trustmark from April 2021 to seek views on the concept and implementation. CSA intends to introduce the trustmark by early-2022.
As the trustmark is intended for companies or projects with higher cyber risk, a separate cyber hygiene mark will also be developed to complement the SG Cyber Safe trustmark. More details on the trustmark and cyber hygiene mark will be announced in due course.
Building Cybersecurity Talent Base in Singapore
The Minister added that “Our cybersecurity talent base is a key enabler of these efforts and we are working closely with industry partners and Government agencies to nurture and grow our cybersecurity workforce.
He said that first of all, to meet near-term demand, the government will facilitate the training and upskilling of cybersecurity professionals, as well as fresh and mid-career non-cybersecurity professionals for cybersecurity jobs, through programmes such as IMDA’s Tech Skills Accelerator.
And secondly, to strengthen the talent pipeline for the longer term, the government encourages youths to pursue a career in the field through cyber outreach initiatives like SG Cyber Talent. There has been over 7,000 participants to-date.
The government has also launched the SG Cyber Leaders programme to create a community for current and developing cyber leaders to exchange ideas, and learn about global best practices.
The minister called on all Singaporeans to do their part to stay cyber safe. “All of us need to play our part to create a safer, more secure cyberspace. There are things we can do as individuals. We should enable two-factor authentication, update our software in a timely manner, choose a passphrase rather than a password and staying vigilant to spot signs of phishing.”
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Leading digital workflow company, ServiceNow, launched the first of its’ global service offerings to Singapore organisations in highly regulated industries – with the Now Platform available on Microsoft Azure.
Singapore customers are among the first in the world to use the Now Platform on Azure, to deliver business-wide transformation, while meeting data residency requirements for how sensitive information is stored, shared, protected and used. The level of digital adoption and market readiness has been a catalyst for ServiceNow’s continued growth and investment in Singapore, supporting the nation’s digital agenda.
ServiceNow Managing Director and Asia Vice President Mr Wee Luen Chia said, “ServiceNow is highly committed to supporting Singapore’s Smart Nation agenda. This announcement is a major milestone in support of this agenda; and is an outcome of regular, open conversations on how to help Singapore organizations leverage digital transformation to deliver smart experiences and improve productivity.”
Country Manager for Singapore Karen Chong said highly-regulated customers won’t be getting a new platform, but rather a new option to scale digital offerings at speed and this has been adopted quickly by leading organisations in Singapore.
Karen said organisations in highly regulated industries can now access the same Now Platform – the platform of platforms – that is already helping so many Singapore customers scale their digital investments and make work better.
“For organisations to embrace this workflow revolution they need to leverage one platform, one data model, to deliver business efficiencies and drive productivity. Integrating software applications at scale means you can reach your business’ transformation goals, faster and without added complexity. ServiceNow offers a platform that connects all your workflow and software applications across customer service, IT, supply chains, ERP, finance, employee and more.”
To help Singapore’s highly-regulated industries better understand this opportunity, Karen shared that ServiceNow has teamed up with various agencies in the public sector.“We work closely with Singapore government authorities by having the Multi-Tier Cloud Security (MTCS) test-ready, we received level 3-certification, the highest in MTCS. We also achieved strict data security compliance in accordance with government regulations and standards to ensure we meet the needs of highly-regulated industries in Singapore.”
“Most organisations considering transformation investments look closely into the availability of physical data infrastructure when investing in technology,” Karen said. “ServiceNow’s investments in local data storage ensures that it can support seamless, secure workflows to meet the breadth of products and services offered by Singapore’s enterprises.”
ServiceNow’s collaboration with Microsoft Azure in Singapore will enable the city state’s public sector to be among the first in the world to take advantage of a potent mix of automation processes, connectivity and seamless experiences to deliver smart, simple ways to work. Several Governments, including GovTech, use ServiceNow’s Now Platform. Also, NCS, a ServiceNow and Microsoft technology partner to Singapore Government and highly regulated industries such as banking, healthcare and transport have a proven track record in digital transformation for government and enterprises.
NCS Managing Director, Global Delivery, Keith Leong said, “With ServiceNow and Microsoft, NCS is able to offer best of breed solutions for our clients to enable them to accelerate the implementation of secure, digital workflow automation, especially for highly regulated organisations that rely on local data residency.”
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Healthcare providers can now access a new digital platform that will facilitate the upload of COVID-19 vaccination records to the Australian Immunisation Register (AIR).
The Clinician Vaccine Integrated Platform (CVIP) will support the Australian Government’s COVID-19 vaccination program which started in February. It provides the technology needed for vaccination providers to meet their legislative requirements to report the vaccinations to the AIR.
Agency Chief Digital Officer Steve Issa said, “CVIP is expected to be particularly useful for vaccination providers who don’t currently have digital systems in place to report to the AIR.”
NT Health was the first jurisdiction to start using CVIP in their Alice Springs vaccination clinic. The Agency is having discussions with other jurisdictions about how it might be used at clinics within other states and territories, while they are upgrading their clinical systems to meet the new AIR reporting legislative requirements.
Vaccination information reported to the AIR is uploaded automatically to My Health Record.
The latest upgrade to My Health Record delivered in late February included a consolidated immunisation view so people can easily see details of all immunisations, including their first COVID-19 vaccination, received, and next vaccination due date. Immunisation history statements are also available from Medicare Online and the Express Plus Medicare Mobile app.
There are also two complementary mobile apps, Healthi and HealthNow which can provide people with new ways to understand and use the information in their My Health Record, and ultimately, to make better-informed decisions about staying well or managing their health conditions. Both these apps allow people to easily view My Health Record and their immunisation status.
About the Australian Digital Health Agency
When it comes to improving the health of all Australians, the role of digital innovation and connection is a vital part of a modern, accessible healthcare system. Against the backdrop of COVID-19, digital health has seen exponential growth in relevance and importance, making it more pertinent than ever for all Australians and healthcare providers.
Better patient healthcare and health outcomes are possible when you have a health infrastructure that can be safely accessed, easily used and responsibly shared.
To achieve this, the National Digital Health Strategy is establishing the foundations for a sustainable health system that constantly improves. It underpins and coordinates work that is already happening between governments, healthcare providers, consumers, innovators and the technology industry.
About the National Digital Health Strategy
Digital information is the bedrock of high-quality healthcare. The benefits for patients are significant and compelling: hospital admissions avoided, fewer adverse drug events, reduced duplication of tests, better coordination of care for people with chronic and complex conditions, and better-informed treatment decisions.
To achieve this, the National Digital Health Strategy is establishing the foundations for a sustainable health system that constantly improves. It underpins and coordinates work that is already happening between governments, healthcare providers, consumers, innovators and the technology industry.
The outcomes citizens can expect to see are covered by seven high-level strategic priorities or ‘pillars’ of digital health improvements detailed in the strategy. These outcomes will be delivered to all Australians by 2022, following the Framework for Action implementation plan.
They will form part of a new sustainable ecosystem of digital health technology well into the future. The National Digital Health Strategy was formed after detailed consultations with patients, consumers, carers, healthcare professionals, industry, organisations and innovators. It’s based on evidence of clinical and economic benefits identified from sources both in Australia and overseas.
The Australian Digital Health Agency is the custodian of the strategy, its role being to evolve national digital health capability by innovating, collaborating and leading.