Technologies ranging from mobile devices and wireless networks to radio frequency identification (RFID) tags and biometric security, are helping to transform Singapore's industries.
The island-state has regularly made headlines as its vertical sectors such as financial services and healthcare, adopt the latest technologies to stay ahead of the business innovation curve.
Here is a quick look at the projected IT spending across key verticals in Singapore (US$M):
2006 | 2007 | 2008 | |
Government | 609.8 | 653.3 | 682.8 |
Healthcare | 73.9 | 74.8 | 76.8 |
Retail | 84.2 | 89.7 | 95.3 |
Banking | 868.0 | 919.1 | 968.8 |
Finance markets | 295.1 | 318.3 | 340.8 |
Insurance | 102.1 | 105.2 | 109.0 |
Discrete Manufacturing | 598.1 | 597.2 | 605.3 |
Process Manufacturing | 132.8 | 134.7 | 137.2 |
Source: IDC Asia-Pacific
Join Discussion