With its aggressive rollout and investment in 5G, the region is better placed to take advantage of the business environment brought about by the pandemic and drive the value of data, say SAP executives on the 10th anniversary year of Hana.
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With COVID-19 highlighting the need for robust supply chains, Singapore believes the use of a common data platform is essential for resolving critical pain points and linking key stakeholders including importers, shipping companies, and financial institutions.
Maritime and Port Authority of Singapore signs MOUs with five global organisations to develop and adopt data standards and APIs, which it hopes will drive data exchange for service transactions in the sector.
Government unveils plans to include a framework, as part of a review of the country's Personal Data Protection Act, that aims to ease data flow between service providers while giving consumers "greater control" over their own data.
Expected to be introduced next year, the new bill will mandate all healthcare providers including private clinics and laboratories to participate in the country's national electronic medical database.
Government wants businesses to limit their use of NRIC numbers, which is unique to each Singapore resident, and has proposed a new bill to ease data-sharing between government agencies.
With less than year before the EU data privacy law kicks in, data management vendors such as Veritas can expand their Asia-Pacific customer base with tools and services to help firms ensure compliance.
Split from Symantec and now owned by a private equity firm, Veritas faces questions about whether it will sustain innovation for products that may not prove profitable in future.
With slow growth in Europe, the software vendor is looking to Asia, which now accounts for just below 20 percent of its total revenue, says CEO Bill Coleman, who acknowledges the need to offer more localisation to better serve customers in the region.
More than half of firms in Singapore, Japan, and South Korea express concerns they will not be able to meet the May 25, 2018, deadline for GDPR compliance, while a quarter of their peers in Australia and US fear shutting down as a result.