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SG gov't IT spend on pace to $3.2b in 2014

26 Nov 2014
00:00
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The Singapore government’s IT spending is forecast to reach $3.2 billion in 2014, an increase of 3.2% over 2013 spending, according to Gartner.

This forecast includes spending by government on internal services, software, IT services, data center, devices and telecom services.

“IT services, which include consulting, implementation, IT outsourcing and business process outsourcing, will be the largest overall spending category throughout the forecast period within the government sector,” said Anurag Gupta, research director at Gartner.

“Government spending on IT services is expected to grow 3% in 2014 to reach $1.9 billion, up from $1.8 billion in 2013 – with the business process outsourcing segment growing 5.3% in 2014,” he added.

Meanwhile, internal services, which refer to salaries and benefits paid to the information services staff of an organization, will achieve a growth rate of 2.7% in 2014.

Software, on the other hand, will achieve the highest growth rate within spending categories with 10.8% in 2014 to reach $350 million in 2014, up from $316 million in 2013.

“We expect the government to explore new delivery channels especially through the cloud, ‘agile’ development methodologies, engaging citizens, and leveraging analytics to monitor overall department performances,” said Gupta.

This article first appeared on Enterprise Innovation website

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