More than 100 SMEs adopt IMDA's Go Digital programme
image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Chief executive of IMDA Tan Kiat How speaking at the event. (Photo: Calvin Hui)
"More
than 100 small- and medium-size enterprises (SMEs) have adopted 24
digital solutions under the Go Digital programme since it was rolled out
in April this year, announced the Infocomm Media Development Authority
on Friday (Jul 21).
These plans will also be aligned
to the Industry Transformation Maps, and he said IMDA will focus on
sectors where technology can significantly improve productivity, such as
retail, food services, wholesale trade, logistics, cleaning and
security. "
---
Well done
Digital Economy aligned with Industry Transformation Maps (ITM) - this
will grow the 2nd wing on top of each traditional industrial sectors -
sectors by sectors.
This Virtual Economy will boost our GDP on top of Traditional Economy.
ricky l 0 seconds ago Posted in :- January 2, 2017 r
icky
l 4 seconds ago I think there is no need to panic. Singaporeans should
watch out for :- "The government's Committee on the Future Economy will
unveil its recommendations on longer term strategies for growth soon".
Increasingly, we should focus on "Services" as the Engine for Growth.
This focus will help to chart, foster, grow, expand and export
"Services" - as our Growth Engine --- that will transcend and go beyond
the constraint of "Physical Boundary". Reply ricky l ricky l 11 seconds
ago Services for growth will be able to create, penetrate
and foster "virtual connectivity, virtual penetration, virtual
community, virtual marketplace, virtual trading, virtual exchange,
virtual finances, virtual currency" etc ---- transcending "physical
boundary, physical constraint, physical restraint" ---- and complete
transaction in real-time, online and at break-neck speed. This means
more jobs will created for PMETs - where the percentage of PMETs have
increased from 10% to the future of 40% or more. This will decrease the
manufacturing contribution to the Economy. In addition, SMEs will also
increasingly leverage on the "Service Economy" to grow their business
and rely on robotics, automation. All this will help to transcend
Singapore's constraint of "Physical Boundary" - by going "Virtual" -
where the "boundary is limitless - the Globe". See less ricky l ricky l
now If Singapore is able to do this and succeed, Singapore has reached
"Nirvanic Economy" - the State of Nirvana - boundless. borderless,
virtual, limitless........ ricky l ricky l 10 seconds ago And for
Singapore, the "Globe will be Our Marketplace - with no Boundary" - this
should be our focus of "Service Engine for Growth". We should explore,
open up and penetrate "New and unchartered market" as well - as physical
boundary is no longer a constraint. ricky l ricky l now Through the
"Service Sector" ---- we will then attract and draw the "Physical
connectivity" back to Singapore - and grow our manufacturing and other
physical sectors and industries. This will be the reverse grow - to
overcome our "physical constraint". ricky l ricky l now It is thus
important for Singapore to maintain good relationship with many and if
possible every Countries in the World. ricky l ricky l 11 seconds ago
Singapore have managed to grow our "Service Sector" to contribute 25% to
the Economy. With increased focus, the target is to grow it to 50% of
the Economy ---- that will effectively cover the loss in "Manufacturing
sector" and "SME sector - that is not able to grow with no corresponding
grow in manpower". PMETs will grow in importance and can grow in number
- and contribute to more middle-top income earners. ricky l ricky l 2
seconds ago Specifically, this "Service Engine" for growth as our Future
Economy - should be the "Digital Economy". ricky l ricky l 11 seconds
ago Where this Digital Economy should pervade every sectors of the
Economy :- Be it :- (1) IT sector (2) Transport sector (3) Finance,
Banking and Insurance sector (4) Logistics sector (5) Manufacturing
sector (6) SME sector (7) Hospitality sector (8) Food and Beverage
sector (9) Gaming sector (10) Healthcare sector (11) Aerospace sector
(12) Construction sector (13) Trade, ports sector etc ricky l ricky l 2
seconds ago Imagine if Digital Economy can contribute 25 to 50% in each
industry sector - we can grow and replace our traditional Economy sector
phenomenally - from a $400 billion GDP to $600 billion GDP. And create
many PMETs jobs - which have been expanding from 10% to 40% - and can
still expand further with Digital Economy. This will create many more
middle income earners and top middle income earners - if Singapore
succeed. The future for our descendants and future generations will be
bright. ricky l ricky l 2 seconds ago Our current Digital exploitation
is still not deepen and expanded in scope. If we succeed in deepening
and expanding Digital exploitation into a full-fledged Digital Economy
in every sector of our Economy - our Future Growth will be very bright. Reply 0
Avatar ricky l 0 seconds ago For eg. deepening and expanding Digital Economy to support traditional model in each industry sectors include :- 0 (1) Manufacturing sector - more pervasive used of robotics, IoT, nanotech, 3D printing etc (2) Finance, Banking, Insurance sector - more pervasive used of Fintech, mobile banking, online banking etc (3) IT industry sector - IoT, Big Data, Meta Data Analytics, CyberSecurity, Cloud, etc (4) SME sector - online shopping, mobile shopping etc
(5) Construction sector - 3D printing, robotics, etc (6) Transport
sector - Driverless, online booking, tracking, scheduling, IoT, etc (7) Food & Beverages - automation, robotics, online ordering etc
Avatar ricky l 0 seconds ago The industry mention above is not limited and should be expanded to all industry sectors as possible. 0 For eg. (8) Gaming sector - online gaming, mobile gaming, virtual reality etc. (9) Logistics sector - online scheduling, tracking, etc.
(10) Trade and Business sector - online registration, LC, banking
facilitation, online information and aiding of trade facilitation etc.
he Digital Economy will have the benefit of transcending our "small
physical constraints, physical boundary, physical size". And by empirical data, Digital
Economy should bring in another 25% to 50% more to the Economy. In fact
in some sector, it can bring in as much as 94% and more. So Singapore
Future Economy is bright. Avatar ricky l 0 seconds ago In every industry sectors, they should be make up of 2 categories :- 0
(1) Traditional industry - this will keep traditional workers -
blue collar workers and white collars workers - to maintain their
traditional business (2) Digital industry -
this will be the up and growing category - where blue collar workers and
PMETs are trained and armed with new technologies, mindsets,
innovation, creativity to transform Traditional Industry into a Digital
Economy for their business. Digital Industry - will go beyond traditional boundary - and will transcend border, virtual, limitless, borderless. And Digital Industry growth cn be phenomenal - as it will have the reach that go beyond National boundary.
It can go regional and global - without some investment. Both
Traditional + Digital - become the Nirvanic Economy (Physical +
Virtual). Avatar ricky l 1 second ago
Having say so, cyber-security will become increasingly
important because IT infrastructure will increasingly become the
backbone of our Future Economy. 0
We must ensure resiliency and robustness in our IT
infrastructure. May want to look into creating :- (1) National Intranet -
to facilitate domestic Digital Economy (2)
National Internet - to facilitate International Digital Economy In the
event where there is a large diversified attack on our National
Internet, we can fail-over to National Intranet to continue business and
provide immediate connectivity to Internet while salvaging and stopping
the Internet attack. Protection of
Critical Information Infrastructure (CII) will become extremely
important from Advanced Persistent Threat --- similar to the movie
"Diehard 4". Avatar ricky l 0 seconds ago For Traditional Economy - growth can be maintained. 0
For Digital Economy - growth can be pushed without the
corresponding strain on resources - eg. manpower, infrastructure etc
because it is digital. By doing so - many jobs can be created for PMETs -
increasing from 10% to 40% and beyond depending on how far and how much
we grow our Digital Economy. Avatar ricky l 0 seconds ago Digital Economy can be used to help to penetrate unchartered market beyond traditional market. 0 Avatar ricky l 0 seconds ago
Singapore being a small Country - we should be
able to build a National Intranet --- as the land mass to lay a wired
and wireless Intranet will be less costly - compare to a land mass that
is much bigger. 0
Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and
tangible KPI to allow business, workers, union, gov, schools etc to
shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries
and industries that have make their industries productive and bring it
back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members
to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our
international competition to ensure that our wage increase are
competitive and will not drive away business – causing massive job
losses.
Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign
IT MNCs, local IT vendors etc to devise objective, tangible KPI
productive figures in each technology areas and skillsets vis-à-vis
global competition and regional competition – so that IT business and IT
workers can target to meet the KPI productivity figures – and peg wage
growth in % term and/or absolute term to the productivity figures and
business profitability. Communicate this to the IT industries, business,
IT workers, Union and schools. Make sure we are competitive with our
global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
That is, the concept above is how to transform Singapore Economy in 2016
- sector-by-sector (conceptualising the KPI for each sector) ---- and
using targeted approach to transform each sector, each industry one by
one.
Only then productivity in each sector, in each industry can be
successfully transformed - supported by empirical, scientific measures.
Industry Transformation Maps to be developed for more than 20 sectors
The maps will have initiatives aimed at increasing collaboration between firms and encouraging firms to invest in manpower.
By Nicole Tan
Posted 28 Mar 2016 12:53 Updated 28 Mar 2016 21:54
More than 100 SMEs adopt IMDA's Go Digital programme
Read more at http://www.channelnewsasia.com/news/business/more-than-100-smes-adopt-imda-s-go-digital-programme-9051866
SINGAPORE: More
than 100 small- and medium-size enterprises (SMEs) have adopted 24
digital solutions under the Go Digital programme since it was rolled out
in April this year, announced the Infocomm Media Development Authority
on Friday (Jul 21).
These solutions are aimed at helping SMEs
use digital technology to boost their productivity and build their
digital capabilities, and generate more than S$2.4 million in revenue
for infocomm media suppliers, said IMDA.
During an industry
briefing on Friday, IMDA also announced that standards for pre-approved
digital solutions will progressively be raised. Currently, they are
evaluated on criteria such as functionalities that meet SMEs'
requirements, ease of use and pricing.
The higher standards will
take into account factors like digital capabilities such as
cybersecurity, data protection, analytics and compliance to standards.
IMDA
also announced at the event that the Association of Small and Medium
Enterprises will operate the SME Digital Tech Hub – which will provide
specialist digital technology advice to SMEs with more advanced digital
needs. It will be rolled out later this year.
image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Over 500 icm vendors and industry players were at the event. (Photo: Calvin Hui)
Speaking at the event, IMDA chief executive Tan Kiat How said
the agency will develop sector-specific industry digital plans to guide
SMEs.
These plans will also be aligned to the Industry
Transformation Maps, and he said IMDA will focus on sectors where
technology can significantly improve productivity, such as retail, food
services, wholesale trade, logistics, cleaning and security.
All
in, there are 56 pre-approved digital solutions under the SME Go
Digital Programme, which was announced in Parliament during this year's
Budget.
IMDA has also issued a call for proposals for
commercially managed digital platforms that drive the adoption of
game-changing technology, such as artificial intelligence.
Submissions are open until Sep 8 this year.
Source: CNA/am
Read more at http://www.channelnewsasia.com/news/business/more-than-100-smes-adopt-imda-s-go-digital-programme-9051866
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