Government transforms approach towards industry development and engagement for the technology sector with establishment of Digital Industry Singapore (DISG).
Singapore, 26 June 2019 – The Economic Development Board (EDB), Enterprise Singapore and Infocomm Media Development Authority (IMDA) have joined forces to better support and capitalise on the growth opportunities for Singapore’s technology sector with the establishment of Digital Industry Singapore (DISG).
The new joint office brings together 45 existing officers from EDB, Enterprise Singapore and IMDA, drawing upon and combining the unique strengths in industry development, market access, capability development and policy formulation from the three agencies.
DISG will transform the way the Singapore government engages with the technology sector, as it serves as a single interface for the industry. The streamlined approach will enable DISG to better understand companies’ needs, with a view to anchor global technology leaders, build local champions, and nurture future ready talent in Singapore.
“Singapore today is a vibrant technology hub that is home to 80 of the top 100 global technology companies, and more than 4,000 home-grown and international start-ups from around the world. With the complementary networks, resources and programmes of EDB, Enterprise Singapore and IMDA coming together, DISG will seek to achieve our mission to establish Singapore as a global-Asia technology hub with deep capabilities, strong infrastructure and a vibrant ecosystem of local and global enterprises, from which new products, services, business models and partnerships are created for Asia and beyond.” said Kiren Kumar, Chief Digital Industry Officer, DISG.
DISG will build up both the consumer technology and enterprise technology segments of the ecosystem. On the consumer technology front, it will assist companies to tap into the growing, mobile-first Asian market to capture opportunities in areas such as ride-hailing, e-commerce, fintech and new media. In the enterprise technology segment, DISG will leverage.
Singapore’s established base of diverse industry sectors and ongoing investments to digitalise our economy to help companies build new solutions in areas such as cybersecurity, artificial intelligence, payments and cloud, that can scale globally from Singapore.
In collaboration with industry and relevant government agencies, DISG will co-create future-ready policies and guide investments in areas such as data, talent, trade and digital infrastructure. This will serve to strengthen Singapore’s capabilities and enhance the nation’s competitiveness as a business location for companies in the technology sector.
These efforts, taken together, are expected to create up to 10,000 new jobs within the technology sector over the next three years. Beyond technology roles in engineering, software and product development, DISG expects that jobs in other functions, such as finance, human resources, innovation and business development, will also be created. To prepare Singaporeans for these frontier jobs, DISG will work closely with IMDA, the industry and local education institutions to implement training programmes and on-the job training. These training initiatives will cover areas such as artificial intelligence, cybersecurity, data science, network engineering, software development, user experience design and product management.
For media enquiries, please contact: Ms. Deborah Yap / Ms. Regina Goh / Ms. Ong Shi ManTel: (65) 6832 6346 / (65) 6123 1234 / (65) 6279 3849
About DISG
Digital Industry Singapore (DISG) is a joint office between EDB, ESG and IMDA, established to support the growth of the technology sector in Singapore. We will leverage our parent agencies’ resources and networks in industry development, market access, capability development and policy formulation to promote growth in the sector by working closely with global technology leaders and fast growing local companies. Our mission is to establish Singapore as a global-Asia technology hub with deep capabilities, strong infrastructure and a vibrant ecosystem of local and global enterprises, from which new products, services, business models and partnerships are created for Asia and beyond.
For more information on DISG, please visit www.digitalindustry.sg
About The EDB
The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore. grow their top line through establishing and deepening strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally.
For more information on EDB, please visit www.edb.gov.sg
About Enterprise Singapore
Enterprise Singapore is the government agency championing enterprise development. We work with committed companies to build capabilities, innovate and internationalise.
We also support the growth of Singapore as a hub for global trading and startups, and build trust in Singapore’s products and services through quality and standards.
Visit www.enterprisesg.gov.sg for more information.
About The IMDA
The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation with infocomm media. To do this, IMDA will develop a dynamic digital economy and a cohesive digital society, driven by an exceptional infocomm media (ICM) ecosystem – by developing talent, strengthening business capabilities, and enhancing Singapore's ICM infrastructure. IMDA also regulates the telecommunications and media sectors to safeguard consumer interests while fostering a pro-business environment, and enhances Singapore’s data protection regime through the Personal Data Protection Commission.
For more news and information, visit www.imda.gov.sg or follow IMDA on Facebook IMDAsg and Twitter @IMDAsg.
