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Workplace of the Future:Key Trends andEnterprise Prioritiesfor Businesses in Singapore
Commisioned By Jardine OneSolution
Singapore is leading the way in digital transformation driven by the country’s Smart Nation efforts. Understanding key digital trends and priorities impacting the workplace is critical for organizations to align
their people, technology, and processes to stay competitive.
2018
Singapore CEOs Bullish About 2018 Growth Prospects
Digitalization a Top Priority forCompanies in Singapore
Technology Adoption theHighest Growth Opportunity
7 out of 10 respondents (53.8% from MNCs) are optimistic about growth prospects in Singapore in 2018, fuelled by favorable demographics, rapid urbanization, and rise of the consumer class.
87% 75%of companies polled in Singapore are embarking on digital transformation initiatives. Most businesses are at varying stages of the digital journey, be it evaluating options, planning, selecting solutions, or implementing projects.
of MNCs and Singapore companies indicate the need to leverage technology and innovation to keep pace with consumer expectations and changing business landscapes.
Source: Frost & Sullivan 2018 CEO Survey: Singapore, Discovering Opportunities Amid Uncertainty
Singapore Tops Smart City ScorecardSingapore outperformed 15 other cities embarking on smart city initiatives in the Frost & Sullivan Smart City Maturity Model in terms of governance, investment, data, IoT platform, and business model.
Data Maturity
Business ModelMaturity
IoT and PlatformMaturity
SingaporeBerlinParisLondonCopenhagen
ChicagoHelsinkiSeoulAmsterdamVienna
BarcelonaNew YorkSan Fransico
StockholmLos Angeles
GovernanceMaturity
InvestmentModel Maturity
Frost & Sullivan, Smart City Scorecard: Top Global Smart Cities Maturing by Building on Foundational Areas of Excellence,
December 15, 2017, http://www.frost.com/k170
Smart Nation Innovations to Watch
Nationwide rollout of high-speed connectivity network and Smart
Nation Sensor Platform to connect IoT deployments including
data-sharing gateway and video and data analytics capabilities
Assistive and robotics technologies to facilitate public, private, and
academic collaboration
Virtual Singapore providing dynamic data platform via big data
aggregation and analytics for public, private, research, and citizen use
Focus on building digital skills and thriving start-up ecosystem
recognized as the top start-up incubator in Asia
Source: Frost & Sullivan, Smart City Scorecard: Top Global Smart Cities Maturing by Building on Foundational Areas of Excellence, December 15, 2017, http://www.frost.com/k170
Potential Challenges Facing Organizations in Asia
31% of C-level executives cite the speed of technology-related changes as an immediate challenge.
Source: Frost & Sullivan, CEOs’ Perspectives on Growth, Innovation, and Leadership in Asia, 2016: Visionary Leadership to Unlock Growth and Innovation
Opportunities Amidst Digital Transformation, January 24, 2017, http://www.frost.com/k15b
59% struggle to integrate new business models in their organizations given that personalization/customization, value for many (as opposed to value for money), and product-as-a-service are considered the top three most potentially disruptive business models.28%
indicate insufficient understanding of ongoing industry transformation, growth opportunities, and competitors disrupting business ecosystem.
Artificial Intelligence/
Intelligent Thinking
Internet of Things
2.0/Global Connectivity
Digital Consumers Intelligent Data
Analytics/Big Data
Analytics
CEOs' Perspectives on the Top 4 Technology ThemesPotentially Disrupting Organizations
Source: Frost & Sullivan, CEOs’ Perspectives on Growth, Innovation, and Leadership in Asia, 2016: Visionary Leadership to Unlock Growth and Innovation Opportunities
Amidst Digital Transformation, January 24, 2017, http://www.frost.com/k15b
About JOS
With over 60 years’ experience in Asia, JOS is a systems integrator,solutions provider, and technology consultancy with deep local andindustry knowledge and an exceptional ability to execute.
With 2,200 IT professionals working from nine offices across Asia’smajor business hubs in China, Hong Kong, Macau, Malaysia, andSingapore, JOS aims to improve the performance of businesses andgovernments in the region by applying the best technology toaddress their challenges.
JOS has extensive experience across a range of industries, morethan 10,000 private and public sector customers in Asia, and corecapabilities in cloud computing, big data, enterprise security,enterprise applications, mobility, next generation infrastructure, and Internet of things. JOS is a division of JTH Group, a member of the Fortune Global 500-listed Jardine Matheson Group.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAMResearch, Growth Consulting, and Growth Team Membership™ empower clients to create a growth-focused culture that generates,evaluates, and implements effective growth strategies. Frost & Sullivan employs over 50 years of experience in partnering withGlobal 1000 companies, emerging businesses, and the investment community from more than 45 offices on six continents. For moreinformation about Frost & Sullivan’s Growth Partnership Services, visit
www.frost.com
Contact us
+65 65519611
67 Ubi Ave 1, #02-01,North Wing, StarHub GreenSingapore 408942