ICT

11th November marked the beginning of the 2024 United Nations Climate Change Conference (COP 29), where global leaders convened to reaffirm their commitment to battling climate change. As climate change becomes more evident, prioritising sustainability has risen to the forefront of global agendas. Governments worldwide are enacting stringent measures to reduce national carbon footprints and greenhouse gas emissions, and businesses are now held to the same level of accountability.

By all accounts of experts and analysts, the global economy in 2024 was projected to be a disaster. Cast your mind to an image of rafts being assaulted on all sides while sailing through white water rapids. That’s precisely how global businesses were expected to struggle and stay afloat amidst the raging current of inflation and dwindling consumer spending.

Beating out the US, UK, and even regional neighbours South Korea, Singapore was recently ranked 7th in the world in terms of overall information and communication technology (ICT) development. The results, as depicted in the UN’s International Telecommunication Union 2024 report, offered an empirical analysis of every nation’s level of universal and meaningful connectivity to help determine how well ICT has integrated into each country’s infrastructure.