Digitisation &
Your Work
The Covid-19 pandemic has hastened the way we adopt and adapt to digital technology, from new tools for remote working to automated processes for repetitive tasks, to innovative solutions for business survival.
Data and technology continue to change the way we work, as companies digitise their operations for better productivity, or provide more convenience for consumers.
For Temasek, digitisation opens a door to endless opportunities. It has invested in technology companies that serve specific markets, as well as software providers with solutions that can be used across multiple industries.
It has also built its own “experimental pods” to focus on artificial intelligence (AI) and blockchain, with the goal of transforming sectors and shaping a more connected world by applying these new technologies.
Examples include: A new Centre of Excellence in AI called Aicadium; a global multi-currency digital payments network developed together with DBS Bank and JPMorgan called Partior; and a joint venture with the Singapore Exchange (SGX) called Marketnode to build Asia Pacific’s first end-to-end digital asset infrastructure.
... Of Singapore companies say Covid-19 has sped up their digital transformation efforts, according to cloud services company Twilio
Worldwide projected technology spend by companies in 2021, reports US-based research firm Gartner
New jobs that cater to a hybrid workforce, where work is split between humans and machines, which may emerge globally by 2050, according to the World Economic Forum
US$4.2
Trillion
97 Million
New Jobs
To fully maximise the positive impact of digitisation, upskilling and reskilling of the workforce will be key. Temasek aims to contribute through the Temasek Tripartite Conversations, which bring together leaders from public and private sectors, including its portfolio companies, to establish road maps to ensure the labour force stays future-ready.
How it helps
(S$5.7t)
