Page 61 - ITU-T Focus Group Digital Financial Services – Executive Summary
P. 61
A Smart Nation is about fostering an innovation environment and overcoming challenges such as connectivity
or working in silos, which are faced by most governments around the world. Overcoming these challenges
will subsequently lead to an ecosystem that is supportive of innovation, sustainable economic growth and
environmental protection/conservation. Singapore also has various national-level coordinating agencies that
become a link between the innovators and investors. Having this public-private connect is important as it
facilitates a coordination and efficient use of available resources.
Singapore has embraced the Smart Nation vision, in order to test and evaluate various technologies that can
potentially be of commercial or social use. The government not only matches capital and creates policies that
can help these technologies or ideas take root, but also invests in scale-up and dispersion of the product/idea.
With advanced communications, efficient living conditions, a well-planned transportation system, strong
infrastructure and its mutually beneficial partnership with ITU, Singapore serves as an example to the world,
which will effectively set the basis for smart cities in the future.
A References
Agentschap NL, Ministerie van Economische Zaken. (n.d.). Business opportunities in Singapore as a Smart City.
Bhati. A, Hansen. M, & Chan. C. M. (2016). Energy conservation through smart homes in a smart city: A lesson
for Singapore households. James Cook University Singapore, Singapore. Energy Policy, 140, p. 230-239.
Yap. D, Chew. D & Lee, L. (2015). Smart Governance in a Smart Nation: A Singapore perspective. Deloitte &
Touche LLP.
Liang, F. S. & Pan, G. (n.d.). Singapore’s Vision of a Smart Nation. Executive Brief. Emerald Group Publishing.
Boon, T. T. (2015). Smart Nation & Its Implications: The State in a Hyper-connected Singapore. S. Rajaratnam
School of International Studies. Nanyang Technological University.
Scientific American & Infocomm Development Authority of Singapore. (n.d.). Singapore: A Smart Nation.
Scientific American.
Smart Nation Singapore. (2017). Smart Nation Singapore. Enablers: Why Smart Nation? Smart Nation
Programme Office. Retrieved from https://www.smartnation.sg/about-smart-nation/enablers
International Telecommunications Union. (2015). Singapore joins trial of ITU key performance indicators for
smart sustainable cities. Trial of indicators to assist development of global smart sustainable city index.
International Telecommunications Union Press Release, Media Centre.
Cisco. (2014). Singapore Employs IoE Connections as Foundations for “Smart Nation” Vision. Jurisdictional
Profile. Cisco. Retrieved from http://internetofeverything.cisco.com/sites/default/
files/pdfs/Singapore_Jurisdiction_Profile_091014_Final.pdf
Singapore Water Story. Retrieved from https://www.pub.gov.sg/watersupply/singaporewaterstory
eduLab Funding Programme, Retrieved from http://www.nie.edu.sg/research/apply-for-grants/edulab-
funding-programme
Smart Mobility 2030. Retrieved from https://www.lta.gov.sg/content/dam/ltaweb/corp/RoadsMotoring/
files/SmartMobility2030.pdf
A Cambrian Moment: Special Report on Start-ups. The Economist
This case study has been prepared by:
Vasundhara Saravade and John Smiciklas
The authors would also like to thank Kevin Wee (IMDA) for his inputs
U4SSC series 57

