Evolution of ICT Business

Confidential

Evolution of ICT

Business

ITEX Asia KeyNote

21st January 2016Dr Tan Guan Hong

Confidential

Human Social Trends

• Everybody wants to be a

Somebody

• Better Educated but Lesser

Skills

• Less People Entering “Hard

work sectors” and this creates

Opportunities via shortages

Trends

Confidential

ICT Trends

• Desktop to Mobile with Cloud

• Growth of Diverse Needs &

Applications

• Big Global Players in Infra-

structure Layer

• Fragmented Local Players in

Application Service Layer

• Moore’s Law is Reality

Trends

Confidential

• Government is committed to supporting the growth of SMEHighTech

• Need to grow such SMEs. Our pool of Technology-based

companies is still relatively small, comprising of just 7 % of all

Enterprises (183,400 SMEs)

• These SMEs internationalize relatively early in their development

Singapore needs more outward looking SMEHighTech

Minister for Trade

and Industry

Lim Hng Kiang2 July 2014

https://www.mti.gov.sg/NewsRoom/Pages/Mr-Lim-Hng-Kiang-at-Semicaps-25th-Anniversary-Dinner.aspx

Singapore

Confidential

http://www.singstat.gov.sg/statistics/browse-by-theme/national-accounts

2013 2014 2015

GROSS DOMESTIC PRODUCT BY

INDUSTRY [TABLE A1.1] 2011 2012 2013 2014 II III IV I II III IV I II

Million DollarsTotal of

Rows

GDP AT CURRENT MARKET PRICES 346,354 362,333 378,200 390,089 93,681 94,094 98,169 96,368 96,808 97,382 99,531 99,141 98,536 2,350 K

Goods Producing Industries 86,052 90,075 88,543 92,055 21,908 22,712 23,086 22,558 23,228 23,483 22,786 22,300 23,138

Manufacturing 65,901 68,139 65,578 67,817 16,248 16,817 17,063 16,675 17,334 17,339 16,470 16,132 17,039

Construction 14,885 16,437 17,702 18,961 4,266 4,539 4,716 4,657 4,579 4,792 4,933 4,826 4,753

Utilities 5,147 5,380 5,136 5,148 1,365 1,323 1,275 1,195 1,286 1,318 1,350 1,311 1,316

Other Goods Industries1 120 120 126 129 29 33 32 31 30 35 33 32 30

Services Producing Industries 226,583 236,183 251,256 259,448 61,860 61,916 65,342 64,704 63,774 64,169 66,802 66,912 64,903

Wholesale & Retail Trade 66,586 64,694 66,284 64,440 16,376 16,552 17,117 15,973 16,456 16,211 15,800 15,061 15,276

Transportation & Storage 22,261 23,658 24,364 25,359 6,107 6,029 6,518 6,064 6,174 6,261 6,860 6,607 6,440

Accommodation & Food Services 7,020 7,558 7,884 8,161 1,951 1,999 2,024 2,011 2,005 2,065 2,080 2,017 2,015

Information & Communications 12,407 13,443 14,427 14,915 3,613 3,607 3,680 3,661 3,718 3,740 3,797 3,836 3,856 88 K 3.8%

Finance & Insurance 35,127 37,658 42,154 46,026 10,618 10,069 10,930 11,309 11,323 11,212 12,182 12,376 12,398

Business Services 47,299 51,608 55,793 58,168 13,901 13,895 14,405 14,403 14,443 14,361 14,962 15,011 14,825

Other Services Industries 35,882 37,564 40,350 42,380 9,293 9,766 10,669 11,284 9,656 10,319 11,122 12,005 10,094

% of ICT / Total GDP = 3.8 %

Singapore

Totaling the Rows and Estimating the Sector GDP

Onion, Meat, Fish, Garlic, Pepper, Oil, Salt, Clean

Chef for Western Dish

Happy Customer havingWestern Lunch

PCs, OS, Printers, S/W Tools, SaaS, etc

End2End Vertical Domain Solution

End User enjoying the benefits

Customer point

of view

Confidential and Copyright

96.2 %3.8 %

*&%$#@ ??What to do ?

It must be Good,Reliable,

Cheap&Fast

It must be

Good,Reliable,

Cheap&Fast

Market Behavior

ConfidentialUpdated: 17/02/2017Pg 7

Grows up using Eyes and Fingers to interact

Human to Human Network

supported by IoT Network to

interact with the Physical

world via Sensors

Social Trend


• This is the “i” Generation of iPhone

and iPad

• The self centric world of “i” or me,

me, me … Everything revolves

round “i”

i ii

Social Trend


Structured Group

with pre-planned

activities

Unstructured with

Individual self plan

activities

TouristSocial Trend

Age > 40 Age < 30


Structured Army

with clear intentUnstructured Individual

with no visible intent

Wars

Security becomes Very Important when

intent is not clear

Social Trend


Where is

the $ in

ICT ?

Confidential and Copyright

Supporting

Smart Nation

Initiatives

Smart Nation

Confidential

Smart Applications & Supporting

Ecosystem

Develop IP

Build Industry

Build Manpower

Supporting Ecosystem

Smart Nation Platform

Smart Nation

Confidential

• IoT (Hardware & Software

convergence)

• Autonomous Systems

• CyberSecurity

• Due to Cloud deployments, Data

Analytics and Large Data are

leading to Real Time Data Analytics

and Machine Learning

Updated: 17/02/2017Pg 13

Some of the Growth Areas

ConfidentialUpdated: 17/02/2017Pg 14 Updated: 17/02/2017Pg 14

Opportunities for Singapore Based Companies

• Use Singapore Trusted Brand Image

• Rule by Law & IP Protection

• Payment Gateway through Singapore

• Cyber Security

• Small Enough to Different people to come

together to innovate

• Availability of Low Cost Technology Tools

• Leverage on Proven Technology Platforms

Singapore

www.i2r.a-star.edu.sgwww.facebook.com/i2r.research

Online:

Thank You

Updated: 17/02/2017Pg 15

http://www.i2r.a-star.edu.sg/

http://www.i2r.a-star.edu.sg/

http://www.facebook.com/i2r.research