Shared IT Service Hub
Singapore is recognized by international agencies such as World Economic Forum, Political and Economic Risk Consultancy and Business Environment Risk Intelligence as one of the most conducive places in the world to do business. To date, over 7,000 multinational corporations (MNCs) have established a presence in the country, of which 60% have chosen to make Singapore their regional headquarters. Many have also chosen to site their global or regional IT hubs in Singapore.
With a pro-business environment, world-class infrastructure, stable political climate and a reputation for efficiency that is second to none, Singapore stands out as an ideal location for businesses looking to locate their operations. On top of these, we have a highly-qualified workforce and a complete and vibrant eco-system of local and international industry partners. With all these qualities, Singapore is well positioned to be the trusted hub for strategic IT-enabled activities such as global and regional CIO functions, innovation centres and technology development centres.
As Singapore's infocomm authority, IDA aims to develop Singapore as a hub for high-end IT services, building on Singapore's strengths such as her next generation infocomm infrastructure, unique value proposition as data centre hub of choice and trusted hub status, and leveraging on opportunities in the key economic sectors. IDA has also put in place initiatives to facilitate more efficient, green data centres. In addition, IDA supports the development of the local infocomm industry through the creation of a vibrant infocomm ecosystem that promotes entrepreneurship, innovation and collaboration. MNCs are welcomed (both infocomm and non-infocomm) to come and set up strategic high-end IT functions in Singapore.