How open data can help Singapore prevail

SINGAPORE’S government and businesses are well versed in seizing opportunities through innovation and training. The recent International Open Data Day, on Mar 5, provides a chance to examine whether more can be done in the use of data.

Consider this: the total amount of data created, captured, copied, and consumed globally is predicted to grow from the pre-pandemic level of 44 zettabytes, to 180 zettabytes by 2025. That’s 180 trillion gigabytes of data which businesses will use to conceptualise, create, build, evaluate, and compete ever more fiercely.

Singapore, like many nations, needs to be ready for this growth. The city-state stands at an important juncture in its data journey, where access to data – in terms of volume, speed and veracity – is being thoughtfully considered, alongside regulation and public trust.