More investment dollars, a refreshed technological roadmap in the works: S Iswaran



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"We need to be ready to do more in R & D because digital technologies will only become more widespread – and the companies and countries around us are already investing heavily in this area," said the minister. Communications and Information. ] S Iswaran at the Tech Saturday event "/>

                

Minister of Communications and Information S Iswaran tested one of the innovations presented at the Tech Saturday (Upsized!) Event, when launching the Digital Readiness Blueprint. (Photo: S Iswaran / Facebook)

SINGAPORE : A refreshed technology roadmap, more research and development (R & D) spending, and a one-stop-shop to meet the needs of information and media companies (ICMs).

They were referred to by the Minister of Communications and Information S Iswaran during the ministry's work plan seminar, his first since he led the ministry in May.

S Addressing Ministry Staff on Tuesday, July 24 Mr. Iswaran said the updated technology roadmap will guide R & D investment in emerging digital technologies for the rest of the research plan Innovation Enterprise (RIE) 2020, and beyond.

The ministry is currently involving businesses and agencies in this roadmap, and more details will be shared at the launch later this year, he added.

M. Iswaran is also engaged in a longer term plan. The minister, who took over the ministry of Mr. Yaacob Ibrahim, said that $ 360 million was allocated to the field of services and the digital economy as part of the RIE2020 plan and "promising investments" in initiatives such as artificial intelligence. Singapore and cybersecurity have been realized. But there is still much to be done

"I have full plans to increase R & D spending in the field of services and technology. 39, digital economy, "said the minister

to do more in R & D because digital technologies will become more ubiquitous – and the companies and countries around us are already investing heavily in it. "

He says that MCI is reviewing its plans in this area with the National Research Foundation (NRF) and the results will be announced later this year

Meanwhile, Mr. Iswaran said that Training the local workforce in digital skills through the TechSkills Accelerator (TeSA) program is underway.A total of 39,000 training places have been taken or initiated by companies since its launch in 2016 This, he said, can give more Singaporeans the opportunity to participate in the digital economy with good jobs in ICTs, and explained that MCI was striving to deepen capacities. Singapore to stay up-to-date and maintain its competitive advantage in the current digital age, he explained.

ONE-STOP SHOP

Reiterating the Ministry's goal of building a 'dynamical ICM industry and the world's leading economy and the powers of a smart nation, the minister said that the implementation is an initiative to better meet the needs of local ICM companies. Key and MCI need to engage, understand business needs and mobilize national resources to help them achieve their projects.

Currently, there are several agencies involved in this, namely Enterprise Si ngapore, the Economic Development Board (EDB) and the Information Media Communication Development Authority (IMDA). ), but he said that more can be done to pool their efforts.

To better support these ICM companies, these agencies will form a Mr. Iswaran announced This Digital Industry Office will bring together their programs to improve market access, expand businesses, l & # 39; 39, industry and talents, as well as the management of accounts, added the minister

"In a way, this joint office will be our own government." Mr. Iswaran said:

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