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Singapore in 2065: The future won’t wait
By Lee Chew Chiat, Public Sector Industry Leader
On the 9th of August 2015, Singapore marked its 50th anniversary as an independent nation. For a city-state with no natural resources, limited land and a small population, the explosive growth and development over the past half-century is an economic miracle. While we look back at the remarkable achievements of Singapore, we need to shift focus to our roles as business leaders in creating our future for the next 50 years and beyond.
Singapore has a vision to become the world's first "Smart Nation." Every inch of the country will be wired and data collected to build better products and services. This is our future and it will be based on the most advanced technologies and out-of-the-box connectivity platforms - but the question remains: can we bring about the benefits of these technologies as they become increasingly pervasive in our everyday environment?
Over the past 50 years, Singapore has seen ample proof of just how powerful these technologies can be. Consumer products makers; healthcare providers; retailers and distributors: all have learned to use information technologies to get better and quicker at responding to marketplace demands. So clearly, businesses understand the potential information technologies and we are putting them to work. But if we think we have already reaped the big benefits, we better think again: the real radical change is still ahead.
So how should we respond? Just recognising the magnitude of the issues is a big step in the right direction. We have to take off the blinkers that keep us from looking beyond our current business and markets, and step up our investment in these advanced technologies to put them to good use.
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