COVID-19: Singapore to spend S$3.5 billion on information and communications technology to support businesses


SINGAPORE: Singapore will spend an estimated S$three.5 billion on the procurement of data and communications know-how (ICT) this monetary 12 months to spice up the financial system and help companies recovering from the COVID-19 outbreak.

This estimated expenditure is 30 per cent extra in comparison with the final monetary 12 months’s projected spend of S$2.7 billion, the Authorities Expertise Company (GovTech) stated in a media launch on Monday (Jun eight).

“The elevated spending will assist the Authorities speed up digitalisation as know-how turns into more and more very important in enabling residents and employees to renew regular actions, and companies to reopen safely after the COVID-19 circuit breaker,” stated GovTech.

READ: Expanded programme to position and practice three,000 Singaporeans in tech jobs over subsequent two to a few years

The projected ICT expenditure will concentrate on 5 key areas: Improvement of latest know-how instruments to answer COVID-19, growth of citizen- and business-centric digital companies, growth of ICT programs on cloud, modernisation of presidency ICT infrastructure, in addition to using knowledge analytics, synthetic intelligence (AI) and sensors throughout the public sector.

GovTech stated the projected FY2020 procurement spending will embrace ICT initiatives which were introduced ahead by businesses due to the COVID-19 outbreak.

These initiatives embrace the event of tech options to answer COVID-19 and Sport Singapore’s ActiveSG Circle – launched in April this 12 months – which goals to raise the sporting trade in Singapore by way of know-how

MORE SUPPORT FOR SMALL AND MEDIUM-SIZED ENTERPRISES

Small and medium-sized enterprises (SMEs) will be eligible to take part in 80 per cent of those potential procurement alternatives. Within the earlier monetary 12 months, SMEs had been awarded practically 70 per cent of the whole ICT contracts.

GovTech stated it has continued to work with the Ministry of Finance (MOF) to streamline and introduce new procurement strategies to enhance their entry to Authorities ICT procurement alternatives.

These embrace incorporating extra bulk tenders and dynamic contracting to shorten the ICT procurement course of.

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For this monetary 12 months, GovTech stated the Authorities will put up bulk tenders for companies corresponding to consumer expertise design, agile growth, utility growth, knowledge science and AI.

“With a projected worth of S$1.2 billion, these bulk tenders will broaden the alternatives for SMEs to take part in and win ICT contracts with authorities businesses,” the company stated.

One of many SMEs to profit from the majority tender, SimplifyNext, was awarded a robotics course of automation (RPA) bulk tender for the entire of Authorities.

SimplifyNext managing director Mayank Gupta stated that not like bigger corporations, SMEs have restricted assets and are used to spending extra time attempting to win contracts than to ship them.

“That is the place the Authorities’s initiative of pooling demand for brand spanking new companies into bulk tenders has actually helped us. We went by way of an intensive and rigorous analysis course of to safe the RPA bulk tender, and it has opened many doorways for us to do enterprise with Authorities businesses,” stated Mr Gupta. 

ACTIVE RECRUITMENT AS PART OF SGUNITED JOBS INITIATIVE

To strengthen the Authorities’s inner engineering capabilities and speed up the tempo of digitalisation, GovTech stated it’s actively recruiting recent graduates and skilled know-how professionals as a part of the SGUnited Jobs initiative.

There are greater than 400 vacancies in roles corresponding to software program engineers, digital enterprise analysts, cybersecurity specialists, knowledge scientists, AI engineers and infrastructure specialists.

Candidates can register their curiosity on-line throughout GovTech’s five-week digital recruitment drive from Might 21 to Jun 21. 

READ: COVID-19: Singapore’s monetary place shall be weaker in coming years, however Govt will handle the scenario, says DPM Heng

GovTech chief government Kok Ping Quickly stated the COVID-19 outbreak has illustrated the significance of digitalisation, in addition to the necessity to speed up it inside and past the general public sector.

“We hope that companies, particularly the SMEs, will profit from the bigger pool and better worth of ICT procurement alternatives, work with us to construct a Sensible Nation and Digital Authorities, and emerge stronger from this disaster collectively.”

The Authorities’s ICT procurement and digitalisation roadmap is often introduced on the annual Sensible Nation and Digital Authorities Business Briefing.

This 12 months, in mild of the COVID-19 measures, GovTech will roll out a web based multimedia bundle. The bundle, which shall be rolled out from Wednesday, will include extra particulars on the Authorities’s key digitalisation focuses and areas of projected spending.

“COVID-19 has accelerated the push for digitalisation inside the private and non-private sectors. For FY2020, the Authorities will proceed to take a position closely in know-how to hold ahead the impetus for digitalisation at a whole-of-nation stage,” the company stated.

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