Robots, IoT and of course FinTech - the three hottest spots to watch in the Singapore tech space for 2017. These three related buzzwords are leaving nothing to the imagination.
1. Singapore plays to its strengths with Fintech 2.0 Asia has been slow to pick up on fintech, but it’s catching up quickly. Despite the city-state’s size, 10 of the top 15 highest funded fintech startups in Southeast Asia come from Singapore. 2. IoT, or Smart Urban Solutions, is helping to build a “Smart Nation” There will be 6.4 billion “things” connected to the internet in 2016, according to data from Gartner. That’s up 30 percent from 2015. Every day in 2016 will see another 5.5 million new ‘things’ connecting to the internet. 3. Robots are beginning to play meaningful roles in our lives Asia is taking robots very seriously. Robotics is predicted to be a US$82.7 billion industry globally by 2020, with Asia-Pacific growing faster than all other regions.