According to the IMB World Digital Competitiveness Ranking, Singapore was ranked first out of 140 nations in 2019, but despite falling from first place in 2021, Singapore is still considered as Asia's top performing economy. Singapore is a city-state that has always gone its own way, climbing the economic ladder while continuously reinventing itself to keep up with the times. Regardless of changes brought on by the pandemic, they continue to place a high priority on the effective development and implementation of digital technology in both the public and private sectors.
As a result, the following strategies are being implemented in Singapore:
From how communities interact to how businesses work and to how public services are delivered, the world is becoming increasingly digital. This prompted the development of MyDIGITAL, or the Malaysia Digital Economy Blueprint (2021– 2030) by Malaysia. Malaysia's ultimate goal is to become a digitally-driven, high-income country and a regional leader in the digital economy. MyDIGITAL sets the tone for Malaysia's digital endeavours in the future.
The strategies that are being implemented by Malaysia are as follows:
Welcome to the new era where the coming decade will be distinguished by an increasing digitalisation and fascinating technological developments.
The circumstances that have led to the necessity for high-stakes strategic digital transformation will almost certainly improve. One can establish a plan focused on delivering long-term value regardless of which technologies support it if you build your efforts around the strategy rather than the technology. Technology is a fleeting commodity while Strategy is a long-lasting concept.