Technological Landscape of Singapore
Singapore is very much technically advanced and it has invested heavily in the services sector. Services 4.0 is the vision that will guide Singapore’s response to capture opportunities for the economy.
There’s no surefire recipe to recreate Silicon Valley’s confluence of geography, tech genius, timing and good luck that have given rise to the likes of Google, Oracle and Apple, among so many other world-shaking companies. But business leaders eager to find the next line of innovation can search for the rare ingredients that have combined to attract generations of tech visionaries and VCs to Silicon Valley. For scores of businesses around the world, that search often leads to Singapore. The 2017 Global Innovation Index ranked Singapore as the most innovative country in Asia. That’s a big reason why companies like Amazon and IBM are using Singapore to pilot groundbreaking new projects before they roll them out globally.
Singapore’s plug-and-play business environment lets tech companies hit the ground running almost immediately. In Singapore, businesses get instant access to one of the most technologically advanced IT infrastructures in the world. For tech companies, nothing is more valuable than their intellectual property. Singapore’s IP laws are not only tough — they’re well enforced. The Singapore government’s commitment to a strong IP regulatory framework gives companies confidence that their R&D investments will stay protected.
Singapore offers one of the most well-educated and highly skilled talent pools in Asia. More than that, Singapore’s diverse population is among the most Western-friendly in all of Asia. With few cultural and language barriers — English, one of four official languages in Singapore, is widely spoken — managers from the U.S. and Europe find it easy to assimilate their workforce here.