Singapore ups IT budget to accelerate digital transformation

Excerpt from article…

“According to P. Ramakrishna, CEO of CIO Academy Asia, the newly announced ICT budget sends a strong signal to the tech sector that Singapore will continue to invest and accelerate its efforts on digital transformation. “It’s interesting that S$2.7 billion (70% of the budget) will be spent on digital services projects targeted at citizens and businesses across different sectors, of which, nearly half (44%) will be on the cloud,” he said. “ This complements CIO Academy Asia’s recent South East Asia’s Tech Priority 2021 Survey findings about companies putting more emphasis on customer centricity, agility, and resilience for businesses to thrive during this pandemic crisis and beyond. With the government leading the way, it will spur more local companies to accelerate their migration to the cloud to be more competitive and at the same time deliver more agile and innovative products and services to the market.”

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