ICT Opportunities in Singapore

An Expert's View about Communications Equipment and Parts in Singapore

Posted on: 1 Oct 2010

Singapore’s infocomm sector is a key contributor to its economy. A number of opportunities for collaboration and representation exist for British exporters.

Sector briefing ICT Opportunities in Singapore Why Singapore? Singapore?s infocomm sector is a key contributor to its economy. Revenue for the infocomm industry hit S$58.1 billion, a 12.4 percent growth from 2007 to 2008. Infocomm has greatly enhanced Singapore?s competitiveness by raising productivity and transforming business processes. For five consecutive years, Singapore has been in the top three positions in the World Economic Forum?s IT Global report. In the latest ranking, Singapore was ranked forth globally. Singapore has been in the top three positions Singapore aspires to the status of a global in the World Economic Forum?s Global IT business and info-communications hub, and Report. In the latest ranking, Singapore was has worked hard to attain this goal. ranked fourth globally. Singapore?s ICT market is predicted to clock 4.6 percent growth in 2010. Singapore?s ICT Find general information on the market market will be worth US$6.43 billion in 2010, conditions in Singapore on UKTI?s website up from US$6.15 billion in 2009. (http://www.ukti.gov.uk/home.html). The Doing Business Guide for Singapore gives an Today, more than 90 percent of Fortune 1000 overview of Singapore?s economy, business technology companies have made Singapore a culture, potential opportunities and an key node in their global network. New additions introduction to other relevant issue. include PayPal?s international headquarters, Salesforce.com?s (a global leader in Software- as a Service) Asia-Pacific headquarters as well as Yahoo! and Autodesk. UK Trade & Investment Sector briefing: ICT opportunities in Singapore (Ministry of Home Affairs Opportunities (http://www.mha.gov.sg/index.aspx). The National Library Board British companies in this sector, especially (http://www.nlb.gov.sg/) those involved in new applications, will find the will be looking into engaging IT Facility market receptive to innovative ideas and Management services for its service desk, products. UK products are generally perceived technical support and data centre operations. as niche and high quality. A number of Another key project under consideration is opportunities for collaboration and developing an Electronic Selection and representation exist for British exporters. Acquisition System to streamline and improve Singapore?s Infocommunications Development the selection and acquisition process of library Authority (IDA - www.ida.gov.sg) encourages materials. business development in: If you have any questions on the opportunities ? Digital content above, contact the UKTI contacts given at the ? Value Added Mobile Services end of this report. Business opportunities ? Infrastructure for Wireless & Wired aimed specifically at UK companies are added Networks daily to UKTI?s website. These leads are ? Multimedia Processing & Management sourced by our staff overseas in British ? Web Services & Portals Embassies, High Commissions and Consulates, ? Security & Thrust Infrastructure across all sectors and in over 100 markets. ? Web2.0 services ? Cloud Computing ? Business Analytics You can be alerted to business opportunities on ? RFID a regular basis by registering on the UKTI ? Business Process Outsourcing website. Find out more on UKTI?s business opportunities service on the UKTI website. For the following sectors: Major events and activities ? Digital Media & Entertainment ? Education BroadcastAsia 2010 ? Financial Services http://www.broadcast-asia.com/ ? Healthcare 15-18 June 2010 ? Manufacturing & Logistics ? Tourism, Hospitality & Retail CommunicAsia 2010 ? Government http://www.communicasia.com/ ? SMEs 15-18 June 2010 ? Community Globaltronics 2010 Opportunities for UK companies: http://www.globaltronics.com.sg/ 13-15 September 2010 At a recent industry briefing on 11 May 2010, the IDA announced that there will be about Near Field Communication World Asia 2010 350 new infocomm tenders with a projected http://www.terrapinn.com/2010/nfc/ value of S$1.1 billion to be called for FY2010. 14-16 September 2010 This will include the eCitizen Portal (including the OneInBox), as well as enhancement of RFID World Asia 2011 business intelligence capabilities to analyse http://www.terrapinn.com/2011/RFID/ information through the use of business 13-15 April 2011 analytics tools. Cards Asia 2011 Additional key projects by other government http://www.terrapinn.com/2011/cardsasia/ agencies include the DSTA Enterprise System 13-15 April 2011 Defence Science & Technology Agency (http://www.dsta.gov.sg/),the Central Retail Solutions World Asia 2011 Picture Archiving Communications System http://www.terrapinn.com/2011/retail/ Ministry of Defence 13-15 April 2011 (http://www.mindef.gov.sg/imindef/home.html and the Biometrics Screening Capability Internet Show Singapore 2011 UK Trade & Investment Sector briefing: ICT opportunities in Singapore 2 http://www.internetshow.com.sg/ 27-28 April 2011 ? Arranging appointments ? Organise seminars or other events for you to meet contacts and promote your company in the Chinese market Find full details of all events in this Singapore?s ICT sector on the UKTI This work is available via our Overseas Market website. New export events are added daily to Introduction Service (OMIS) a chargeable the site and you can register to be alerted to service which assists British-based companies them on a daily, weekly or monthly basis wishing to enter or expand their business in overseas markets. UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small & To find out more about commissioning this Medium Sized Enterprises (SME's) to attend work, or accessing other UKTI services and trade shows overseas. Find out more about specialist advice, please visit the UKTI website UKTI support for attendance at overseas to find contact details for your local UKTI events office. UKTI contacts Elsie Yim Senior Trade & Investment Attaché British High Commission Singapore Tel: (65) 6424 4383 Email: elsie.yim@fco.gov.uk www.ukti.gov.uk Sarah Croft First Secretary British High Commission Singapore Tel: (65) 6424 4302 Email: sarah.croft@fco.gov.uk www.ukti.gov.uk Next steps - How UKTI can help British companies wishing to develop their business in Singapore are advised to undertake as much market research and planning as possible in the UK. UKTI?s team in Singapore, with its wide local knowledge and experience, can provide a range of services to British-based companies wishing to grow their business in global markets. This can include: ? Provision of market information ? Validated lists of agents/distributors ? Key market players or potential customers in the Chinese market ? Establishment of interest of such contacts in working with you UK Trade & Investment Sector briefing: ICT opportunities in Singapore 3
Posted: 01 October 2010

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