Throughout our history, technological innovations have been the instrument of our transformation. Singapore, a tiny island in terms of size, is leveraging on technology as it advances into its next stage of development.
Defined as the most "technology-ready" nation in 2018 by the World Economic Forum, Singapore ranks 5th on the UN Human Development Index and the 3rd highest GDP per capita. It is ranked highly in education, healthcare, life expectancy, quality of life, personal safety and housing. For such an advanced nation, embracing digital technology is essential to reach its next stage of development: to be a smart nation.
For Singapore, being a Smart Nation is about creating new opportunities in a digital age, and transforming the way people live, work and play. On top of that, being a Smart Nation is about achieving efficiencies and effectiveness, through the use of sensors and data to manage the city’s resources and everyday challenges. One such challenge facing Singapore is in the area of energy management.