Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Digitalization of business in Singapore - statistics & facts
In November 2014, Singapore introduced its Smart Nation program, which would see it pursue a nation-wide digital transformation. Through this, it aimed to be the key driver of the digitalization wave in Southeast Asia. The digitalization of business is part of this strategy. In addition to its investments in digital infrastructure, the government in Singapore has also encouraged businesses in the country to invest in digitalization. In 2019, close to 40 percent of Singaporean enterprises stated that they have engaged in digital investments. Businesses in Singapore have also adjusted their business strategy to better prepare for this endeavor.
