The overall ICT spending in Singapore is set to increase year-over-year, with Infocomm Development Authority of Singapore’s (IDA) planning to invest $720m (S$1.1bn) in about 350 new ICT procurement tenders for FY10, market research and analysis firm IDC said.
According to ‘Opportunities Abound: Analysis of Singapore’s US$720 Million Public Sector FY10 ICT Procurement Plans’ report, more than 50% of the projected infocomm tenders in FY10 will be under S$500,000.
IDC said that the next few years will be a crucial time for government IT, as the public sector continue its governmental computerisation implementations with the iGov2015 masterplan. It expects ICT projects in FY10 to revolve around cloud computing, ubiquitous presence, social media, open data and services, ‘OneInBox’ and data repository, business analytics and sustainable technologies.
The research firm warned Singapore’s government ICT procurement activities to adhere to central procurement guidelines issued by the Ministry of Finance (MOF). It said that emerging technologies such as cloud computing, operations sustainability and new ways of transacting information through new media and web 2.0 initiatives will be the focus in upcoming government tenders.
Gerald Wang, senior market analyst at IDC Government Insights Asia/Pacific, said: "Overall, the Singapore government is consciously investing in projects such as public services revamp, systems consolidation, and other sustainable business solutions to better manage costs over the long term.
"As such, proposals that will allow government agencies to reduce the high upfront capital expenditures and to manage operational expenses will be the most well received."
