Leaders Roundtable: Gloves Off: A Realistic View on Why Your AI Projects Are Failing!

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Leaders Roundtable: Gloves Off: A Realistic View on Why Your AI Projects Are Failing!

Generative AI is primed for mainstream adoption, with strong C-suite backing, budgets, and organisational momentum in place.

Yet, Ecosystm’s recent engagements with Financial Services leaders reveal significant challenges that are stalling widespread adoption and limiting benefits beyond early pilots and niche use cases. Scaled operational transformation remains out of reach, and customer experiences with AI chatbots continue to fall short.

Ecosystm research reveals gaps between intentions and outcomes in Singapore’s BFSI sector regarding GenAI adoption:

  • 60% fail to scale their pilots/POCs
  • Only 12% believe they have the right AI infrastructure and data foundation to scale GenAI
  • Only 5% have achieved outcomes with GenAI that go beyond productivity gains

In this candid discussion, we’ll explore why technology and data leaders are often left grappling with the technical complexities of Bias, Explainability, and Hallucination, and face delays due to extensive data ‘clean-up’ programs required before GenAI can make a meaningful impact.

We invite you to join us for an exclusive, invitation-only roundtable, where industry leaders will strip away the hype and share real-world insights into overcoming the obstacles to GenAI adoption.

Topics of conversation will include:

  • The high impact use cases that are being held back and why
  • The practicality of realizing benefits within a quarterly cycle
  • The extent to which data needs to be ‘good’ and well-structured
  • The role of agile and MLOps in bridging business, technology and operations functions

We look forward to welcoming you to a no-holds-barred, thought-provoking session that cuts through the noise and gets to the heart of the challenges and opportunities ahead.

 

 

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India’s Data Centre Industry: A Strategic Asset

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India’s digital economy is on a meteoric rise, expected to reach USD 1 trillion by 2025. This surge in digital activity is fuelling the rapid expansion of its data centre market, positioning the country as a global player. With a projected market value of USD 4.5 billion by 2025, India’s data centre industry is set to surpass traditional regional hubs like Malaysia, Hong Kong, and Singapore. 

This growth is driven by factors such as the proliferation of smartphones, internet connectivity, and digital services, generating massive amounts of data that need storage and processing. Government initiatives like Digital India and the National e-Governance Plan have promoted digitalisation, while favourable market conditions, including cost-effective infrastructure, skilled talent, and a large domestic market, make India an attractive destination for data centre investments.

As companies continue to invest, India is solidifying its role as a critical hub for Asia’s digital revolution, driving economic development and creating new opportunities for innovation and job creation.  

What is Fuelling India’s Data Centre Growth? 

India’s data centre industry is experiencing rapid growth in 2024, driven by a combination of strategic advantages and increasing demand. The country’s abundance of land and skilled workforce are key factors contributing to this boom. 

  • Digitisation push. The digital revolution is fueling the need for more sophisticated data centre infrastructure. The rise of social media, online gaming, and streaming apps has created a surge in demand for faster networks, better data storage options, and increased data centre services. 
  • Internet and mobile penetration. With 1.1 billion mobile phone subscribers, Indians use an average of 8.3 GB of data per month. As more people come online, businesses need to expand their data infrastructure to handle increased traffic, enhance service delivery, and support a growing digital economy. 
  • Increasing tech adoption. India’s AI market is projected to reach around USD 17 billion by 2027. As businesses integrate AI, IoT, cloud, and other technologies, data centres will become instrumental in supporting the vast computational and storage requirements. 
  • Government & regulatory measures. Apart from India being one of the world’s largest data consumption economies, government initiatives have also accelerated the ‘data based’ environment in the country. Additionally, states like Maharashtra, Karnataka, and Tamil Nadu have implemented favourable real estate policies that reduce the costs of setting up data centres. 

A Growing Network of Hubs 

India’s data centre landscape is rapidly evolving, with major cities and emerging hotspots vying for a piece of the pie. 

Mumbai-Navi Mumbai remains the undisputed leader, boasting a combined 39 data centres. Its strategic location with excellent submarine cable connectivity to Europe and Southeast Asia makes it a prime destination for global and domestic players. 

Bangalore, India’s IT capital, is not far behind with 29 data centres. The city’s thriving tech ecosystem and skilled talent pool make it an attractive option for businesses looking to set up data centres. 

Chennai, located on the east coast, has emerged as a crucial hub with 17 data centres. Its proximity to Southeast Asia and growing digital economy make it a strategic location. The Delhi-NCR region also plays a significant role, with 27 data centres serving the capital and surrounding areas. 

Smaller cities like Pune, Jaipur, and Patna are rapidly emerging as data centre hotspots. As businesses seek to serve a growing but distributed user base across India, these cities offer more cost-effective options. Additionally, the rise of edge data centres in these smaller cities is further decentralising the data centre landscape. 

Currently, 5-7% of India's data centre capacity resides in its tier-2/tier-3 cities, which makes the potential for growth quite significant.
- Ashish Arora, Chief Executive of NXTRA

A Competitive Market 

India ranks 13th globally in the number of operational data centres, with 138 facilities in operation and an additional 45 expected to be completed by the end of 2025. Key initiatives include:   

  • AWS. AWS is investing USD 12.7 billion to establish four new data centres over the next two years. 
  • Meta. Meta is set to build a small data centre, potentially focused on cache with a 10-20 MW capacity.  
  • AdaniConnex. In partnership with EdgeConneX, AdaniConnex aims to develop a 1 GW network of hyperscale data centres over the next decade, all powered by 100% renewable energy. 
  • Google. Google is set to build an 80-storey data centre by 2025 and is in advanced talks to acquire a 22.5-acre land parcel for its first captive data centre. 
  • NTT. NTT is investing USD 241 million in a data campus, which will feature three data centres. 

Data Centres: Driving Digital India’s Success 

The Digital India initiative has transformed government services through improved online infrastructure and increased connectivity. Data centres play a pivotal role in supporting this vision by managing, storing, and processing the vast amounts of data that power essential services like Aadhaar and BharatNet. 

Aadhaar, India’s biometric ID system, relies heavily on data centres to store and process biometric information, enabling seamless identification and authentication. BharatNet, the government’s ambitious project to connect rural areas with high-speed internet, also depends on data centres to provide the necessary infrastructure and support. 

The impact of data centres on India’s digital transformation is far-reaching. Here are some key areas where data centres have made a significant contribution: 

  • Enabling Remote Work and Education. Data centres have been instrumental in supporting the surge in remote work and online learning during the pandemic. By providing the necessary infrastructure and connectivity, data centres have ensured business continuity and uninterrupted education. 
  • Fostering Start-Up Innovation. Data centres provide the essential infrastructure for start-ups to thrive. By offering reliable and scalable computing resources, data centres enable rapid growth and innovation, contributing to the expansion of India’s SaaS market. 
  • Supporting Government Services. Data centres underpin key government initiatives, including e-governance platforms and digital identity systems. They enhance the accessibility, transparency, and efficiency of government services, bridging the urban-rural divide and improving public service delivery. 

Securing India’s Data Centre Future 

Data centres are the backbone of India’s digital transformation, fuelling economic growth, government services, innovation, remote work, and technological progress. The Indian government’s ambitious plan to invest over USD 1 billion in hyperscale data centres over the next five years underscores the country’s commitment to building a robust digital infrastructure. 

To secure the long-term success of India’s data centre industry, alignment with global standards and strategic investment are crucial. Prioritising reliability, efficiency, and sustainability will attract global providers and position India as a prime destination for digital infrastructure investments. Addressing challenges like legacy upgrades, modernisation, and cybersecurity risks will require collaboration across stakeholders, with government support and technological innovation playing key roles. 

A unified effort from central and state governments is vital to enhance competitiveness. By fostering a favourable regulatory environment and offering incentives, the government can accelerate the development of world-class data centres. As India advances digitally, data centres will be instrumental in driving economic growth, improving quality of life, and solidifying India’s status as a global digital leader. 

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Data Protection: A Global Challenge

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The global data protection landscape is growing increasingly complex. With the proliferation of privacy laws across jurisdictions, organisations face a daunting challenge in ensuring compliance.

From the foundational GDPR, the evolving US state-level regulations, to new regulations in emerging markets, businesses with cross-border presence must navigate a maze of requirements to protect consumer data. This complexity, coupled with the rapid pace of regulatory change, requires proactive and strategic approaches to data management and protection.

GDPR: The Catalyst for Global Data Privacy

At the forefront of this global push for data privacy stands the General Data Protection Regulation (GDPR) –  a landmark legislation that has reshaped data governance both within the EU and beyond. It has become a de facto standard for data management, influencing the creation of similar laws in countries like India, China, and regions such as Southeast Asia and the US.

However, the GDPR is evolving to tackle new challenges and incorporate lessons from past data breaches. Amendments aim to enhance enforcement, especially in cross-border cases, expedite complaint handling, and strengthen breach penalties. Amendments to the GDPR in 2024 focus on improving enforcement efficiency. The One-Stop-Shop mechanism will be strengthened for better handling of cross-border data processing, with clearer guidelines for lead supervisory authority and faster information sharing. Deadlines for cross-border decisions will be shortened, and Data Protection Authorities (DPAs) must cooperate more closely. Rules for data transfers to third countries will be clarified, and DPAs will have stronger enforcement powers, including higher fines for non-compliance.

For organisations, these changes mean increased scrutiny and potential penalties due to faster investigations. Improved DPA cooperation can lead to more consistent enforcement across the EU, making it crucial to stay updated and adjust data protection practices. While aiming for more efficient GDPR enforcement, these changes may also increase compliance costs.

GDPR’s Global Impact: Shaping Data Privacy Laws Worldwide

Despite being drafted by the EU, the GDPR has global implications, influencing data privacy laws worldwide, including in Canada and the US.

Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) governs how the private sector handles personal data, emphasising data minimisation and imposing fines of up to USD 75,000 for non-compliance.

The US data protection landscape is a patchwork of state laws influenced by the GDPR and PIPEDA. The California Privacy Rights Act (CPRA) and other state laws like Virginia’s CDPA and Colorado’s CPA reflect GDPR principles, requiring transparency and limiting data use. Proposed federal legislation, such as the American Data Privacy and Protection Act (ADPPA), aims to establish a national standard similar to PIPEDA.

The GDPR’s impact extends beyond EU borders, significantly influencing data protection laws in non-EU European countries. Countries like Switzerland, Norway, and Iceland have closely aligned their regulations with GDPR to maintain data flows with the EU. Switzerland, for instance, revised its Federal Data Protection Act to ensure compatibility with GDPR standards. The UK, post-Brexit, retained a modified version of GDPR in its domestic law through the UK GDPR and Data Protection Act 2018. Even countries like Serbia and North Macedonia, aspiring for EU membership, have modeled their data protection laws on GDPR principles.

Data Privacy: A Local Flavour in Emerging Markets

Emerging markets are recognising the critical need for robust data protection frameworks. These countries are not just following in the footsteps of established regulations but are creating laws that address their unique economic and cultural contexts while aligning with global standards.

Brazil has over 140 million internet users – the 4th largest in the world. Any data collection or processing within the country is protected by the Lei Geral de Proteção de Dados (or LGPD), even from data processors located outside of Brazil. The LGPD also mandates organisations to appoint a Data Protection Officer (DPO) and establishes the National Data Protection Authority (ANPD) to oversee compliance and enforcement.

Saudi Arabia’s Personal Data Protection Law (PDPL) requires explicit consent for data collection and use, aligning with global norms. However, it is tailored to support Saudi Arabia’s digital transformation goals. The PDPL is overseen by the Saudi Data and Artificial Intelligence Authority (SDAIA), linking data protection with the country’s broader AI and digital innovation initiatives.

Closer Home: Changes in Asia Pacific Regulations

The Asia Pacific region is experiencing a surge in data privacy regulations as countries strive to protect consumer rights and align with global standards.

Japan. Japan’s Act on the Protection of Personal Information (APPI) is set for a major overhaul in 2025. Certified organisations will have more time to report data breaches, while personal data might be used for AI training without consent. Enhanced data rights are also being considered, giving individuals greater control over biometric and children’s data. The government is still contemplating the introduction of administrative fines and collective action rights, though businesses have expressed concerns about potential negative impacts.

South Korea. South Korea has strengthened its data protection laws with significant amendments to the Personal Information Protection Act (PIPA), aiming to provide stronger safeguards for individual personal data. Key changes include stricter consent requirements, mandatory breach notifications within 72 hours, expanded data subject rights, refined data processing guidelines, and robust safeguards for emerging technologies like AI and IoT. There are also increased penalties for non-compliance.

China. China’s Personal Information Protection Law (PIPL) imposes stringent data privacy controls, emphasising user consent, data minimisation, and restricted cross-border data transfers. Severe penalties underscore the nation’s determination to safeguard personal information.

Southeast Asia. Southeast Asian countries are actively enhancing their data privacy landscapes. Singapore’s PDPA mandates breach notifications and increased fines. Malaysia is overhauling its data protection law, while Thailand’s PDPA has also recently come into effect.

Spotlight: India’s DPDP Act

The Digital Personal Data Protection Act, 2023 (DPDP Act), officially notified about a year ago, is anticipated to come into effect soon. This principles-based legislation shares similarities with the GDPR and applies to personal data that identifies individuals, whether collected digitally or digitised later. It excludes data used for personal or domestic purposes, aggregated research data, and publicly available information. The Act adopts GDPR-like territorial rules but does not extend to entities outside India that monitor behaviour within the country.

Consent under the DPDP Act must be free, informed, and specific, with companies required to provide a clear and itemised notice. Unlike the GDPR, the Act permits processing without consent for certain legitimate uses, such as legal obligations or emergencies. It also categorises data fiduciaries based on the volume and sensitivity of the data they handle, imposing additional obligations on significant data fiduciaries while offering exemptions for smaller entities. The Act simplifies cross-border data transfers compared to the GDPR, allowing transfers to all countries unless restricted by the Indian Government. It also provides broad exemptions to the State for data processing under specific conditions. Penalties for breaches are turnover agnostic, with considerations for breach severity and mitigating actions. The full impact of the DPDP Act will be clearer once the rules are finalised and the Board becomes operational, but 97% of Indian organisations acknowledge that it will affect them.

The impact of DPDP Act on organisations in India

Conclusion

Data breaches pose significant risks to organisations, requiring a strong data protection strategy that combines technology and best practices. Key technological safeguards include encryption, identity access management (IAM), firewalls, data loss prevention (DLP) tools, tokenisation, and endpoint protection platforms (EPP). Along with technology, organisations should adopt best practices such as inventorying and classifying data, minimising data collection, maintaining transparency with customers, providing choices, and developing comprehensive privacy policies. Training employees and designing privacy-focused processes are also essential. By integrating robust technology with informed human practices, organisations can enhance their overall data protection strategy.

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Leaders Roundtable: Bridging the Gap: Practical Steps to Drive AI Adoption in BFSI

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The AI revolution is in full swing, with seemingly all enterprises caught up in the excitement.

But a sobering reality confronts BFSI data and tech leaders. Under pressure to deliver quick wins, they struggle with assessing and prioritising truly impactful AI use cases. Even successful pilots often hit a wall when scaled, leaving organisations frustrated and questioning their AI roadmap.

Singapore’s BFSI Sector: Unveiling the AI Adoption Gap

  • 70% lack a comprehensive AI strategy, encompassing not just technology but also human factors like change management.
  • 60% struggle with AI skills and awareness – with only 15% confident of their internal AL/ML capabilities.
  • 40% grapple with identifying impactful use cases, despite investments and research.

How can BFSI organisations tackle the key roadblocks to move beyond proof-of-concepts and become AI powerhouses, unlocking efficiency, personalised experiences, and data-driven decision making?

Looking forward to welcoming you to this impactful session where you will be joined by your industry peers for a discussion on immediate steps to take on

  • Finding the Right Fit. Uncover industry best practices for identifying high-impact AI use cases within your organisation.
  • Building Buy-In. Overcome employee resistance and drive AI adoption through effective communication and training.
  • Responsible AI. Learn strategies to establish clear internal governance guardrails for ethical and responsible AI development.
  • Fueling AI Roadmap with GenAI. Discover how GenAI can act as a strategic lever, accelerating your organisation’s AI transformation.

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Leaders Roundtable: The Future of Work Redefined: Managing Dispersed Teams & Disconnected Technology

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Leaders Roundtable: The Future of Work Redefined: Managing Dispersed Teams & Disconnected Technology


Singapore’s upcoming regulation requiring formal flexible work arrangements underscores a crucial aspect of the future of work: collaboration.

To empower flexible work, CHROs and CIOs need to collaborate to create an AI-powered environment that prioritises collaboration and productivity. This allows organisations to personalise employee experiences, improve efficiency, and ultimately, build a more engaged workforce.

Singapore Knowledge Workers Demand Tech for Better Experience

  • 67% have a strong dependence on digital tools for collaboration and productivity.
  • 83% demand continuous evolution and improvement in employee experience technologies from their employers.
  • 59% believe that enhanced productivity contributes to increased employee loyalty.
    Source: Ecosystm, 2024

However, a flexible work environment presents a new challenge: building trust, fostering a strong culture, and maintaining employee engagement when teams aren’t always physically together. In this new landscape, leaders must find innovative ways to connect their workforce and create a sense of belonging, even when employees are dispersed.

Join this discussion to find out best practices in:

  • Transforming Collaboration and Communication. Explore how AI-powered platforms can boost productivity in a digital workplace.
  • Building Trust and Engagement in the Workplace. Discover strategies to capture employee sentiment and strengthen corporate culture across dispersed teams.
  • Managing the Tech Chaos. Learn how to overcome the challenges of disconnected collaboration tools, streamlining your digital workplace for a smoother experience.

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Transforming Data Centres: Equinix’s Platform and Service Integration

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As AI evolves, the supporting infrastructure has become a crucial consideration for organisations and technology companies alike. AI demands massive processing power and efficient data handling, making high-performance computing clusters and advanced data management systems essential. Scalability, efficiency, security, and reliability are key to ensuring AI systems handle increasing demands and sensitive data responsibly.

Data centres must evolve to meet the increasing demands of AI and growing data requirements.

Equinix recently hosted technology analysts at their offices and data centre facilities in Singapore and Sydney to showcase how they are evolving to maintain their leadership in the colocation and interconnection space.

Equinix is expanding in Latin America, Africa, the Middle East, and Asia Pacific. In Asia Pacific, they recently opened data centres in Kuala Lumpur and Johor Bahru, with capacity additions in Mumbai, Sydney, Melbourne, Tokyo, and Seoul. Plans for the next 12 months include expanding in existing cities and entering new ones, such as Chennai and Jakarta.

Ecosystm analysts comment on Equinix’s growth potential and opportunities in Asia Pacific.

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Click here to download ‘Transforming Data Centres: Equinix’s Platform and Service Integration’ as a PDF

Small Details, Big Impact

TIM SHEEDY. The tour of the new Equinix data centre in Sydney revealed the complexity of modern facilities. For instance, the liquid cooling system, essential for new Nvidia chipsets, includes backup cold water tanks for redundancy. Every system and process is designed with built-in redundancy.

As power needs grow, so do operational and capital costs. The diesel generators at the data centre, comparable to a small power plant, are supported by multiple fuel suppliers from several regions in Sydney to ensure reliability during disasters.

Security is critical, with some areas surrounded by concrete walls extending from the ceiling to the floor, even restricting access to Equinix staff.

By focusing on these details, Equinix enables customers to quickly set up and manage their environments through a self-service portal, delivering a cloud-like experience for on-premises solutions.

Equinix’s Commitment to the Environment

ACHIM GRANZEN. Compute-intensive AI applications challenge data centres’ “100% green energy” pledges, prompting providers to seek additional green measures. Equinix addresses this through sustainable design and green energy investments, including liquid cooling and improved traditional cooling. In Singapore, one of Equinix’s top 3 hubs, the company partnered with the government and Sembcorp to procure solar power from panels on public buildings. This improves Equinix’s power mix and supports Singapore’s renewable energy sector.

TIM SHEEDY Building and operating data centres sustainably is challenging. While the basics – real estate, cooling, and communications – remain, adding proximity to clients, affordability, and 100% renewable energy complicates matters. In Australia, reliant on a mixed-energy grid, Equinix has secured 151 MW of renewable energy from Victoria’s Golden Plains Wind Farm, aiming for 100% renewable by 2029.

Equinix leads with AIA-rated data centres that operate in warmer conditions, reducing cooling needs and boosting energy efficiency. Focusing on efficient buildings, sustainable water management, and a circular economy, Equinix aims for climate neutrality by 2030, demonstrating strong environmental responsibility.

Equinix’s Private AI Value Proposition

ACHIM GRANZEN. Most AI efforts, especially GenAI, have occurred in the public cloud, but there’s rising demand for Private AI due to concerns about data availability, privacy, governance, cost, and location. Technology providers in a position to offer alternative AI stacks (usually built on top of a GPU-as-a-service model) to the hyperscalers find themselves in high interest. Equinix, in partnership with providers such as Nvidia, offers Private AI solutions on a global turnkey AI infrastructure. These solutions are ideal for industries with large-scale operations and connectivity challenges, such as Manufacturing, or those slow to adopt public cloud.

SASH MUKHERJEE. Equinix’s Private AI value proposition will appeal to many organisations, especially as discussions on AI cost efficiency and ROI evolve. AI unites IT and business teams, and Equinix understands the need for conversations at multiple levels. Infrastructure leaders focus on data strategy capacity planning; CISOs on networking and security; business lines on application performance, and the C-suite on revenue, risk, and cost considerations. Each has a stake in the AI strategy. For success, Equinix must reshape its go-to-market message to be industry-specific (that’s how AI conversations are shaping) and reskill its salesforce for broader conversations beyond infrastructure.

Equinix’s Growth Potential

ACHIM GRANZEN. In Southeast Asia, Malaysia and Indonesia provide growth opportunities for Equinix. Indonesia holds massive potential as a digital-savvy G20 country. In Malaysia, the company’s data centres can play a vital part in the ongoing Mydigital initiative, having a presence in the country before the hyperscalers. Also, the proximity of the Johor Bahru data centre to Singapore opens additional business opportunities.

TIM SHEEDY. Equinix is evolving beyond being just a data centre real estate provider. By developing their own platforms and services, along with partner-provided solutions, they enable customers to optimise application placement, manage smaller points of presence, enhance cloud interconnectivity, move data closer to hyperscalers for backup and performance, and provide multi-cloud networking. Composable services – such as cloud routers, load balancers, internet access, bare metal, virtual machines, and virtual routing and forwarding – allow seamless integration with partner solutions.

Equinix’s focus over the last 12 months on automating and simplifying the data centre management and interconnection services is certainly paying dividends, and revenue is expected to grow above tech market growth rates.

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Making Concrete Change: Strategies for Carbon Reduction in Urban Development

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Despite an increase in energy efficiency investment, the construction sector’s energy consumption and CO₂ emissions have rebounded to an all-time high. Buildings currently contribute 39% of global energy-related carbon emissions – 28% from operational needs like heating and cooling, and 11% from construction materials.

In the next three decades, with the global population expected to reach 9.7 billion, the construction industry will face the pressure to meet growing infrastructure and housing demands while adapting to stricter environmental regulations.

The urgency of climate action demands that governments mandate low-carbon practices in urban development.

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Click here to download ‘Making Concrete Change: Strategies for Carbon Reduction in Urban Development’ as a PDF

Increase Use of Low-Carbon Materials

Traditional building materials like concrete, steel, and brick are strong and durable but environmentally costly. This high embodied carbon footprint is prompting a shift towards low-carbon alternatives. Indonesia is using ‘green cement’ – made using environmentally friendly materials – in the development of its new futuristic capital Nusantara. This has led to an estimated reduction in carbon emissions of up to 38% per tonne of cement so far.

Nordic countries are setting ambitious targets for low-carbon materials. Starting in 2025, Finland will require life cycle assessments and material declarations in construction to reduce emissions, detailing building components and material origins. Denmark is also prioritising low-carbon materials through energy-efficient designs, sustainable materials, and stringent building codes.

Mandate Whole-Life Carbon Emission Assessments

Whole Life-Cycle Carbon (WLC) emissions encompass all the carbon a building generates throughout its lifespan, from material extraction to demolition and disposal. Assessing WLC gives a comprehensive understanding of a building’s total environmental impact.

The London Plan is a roadmap for future development and achieving the goal of a zero-carbon city. The plan includes provisions for WLC analysis, specific energy hierarchies, and strategies to reduce London’s carbon footprint.

With a bold vision of a fully circular city by 2050, the Amsterdam Circular Strategy 2020-2025 lays out a comprehensive roadmap to achieve this goal. Key elements include mapping material flows to reduce reliance on virgin resources and mandating WLC assessments.

Enforce Clean Construction Standards

From green building codes to tax incentives, governments around the world are implementing innovative strategies to encourage sustainable building practices.

The Philippines’ National Building Code requires green building standards and energy efficiency measures for new buildings.

Seattle offers expedited permits for projects meeting embodied carbon standards, speeding up eco-friendly construction, and reinforcing the city’s environmental goals.

New Jersey offers businesses a tax credit of up to 5% for using low-carbon concrete and an additional 3% for concrete made with carbon capture technology.

Promote Large-Scale Adaptive Reuse

Large-scale adaptive reuse includes reducing carbon emissions by making existing buildings and infrastructure a larger part of the climate solution.

London’s Battersea Power Station restored its iconic chimneys and Art Deco façade, transforming it into a vibrant hub with residential, commercial, and leisure spaces.

The High Line in New York has been transformed into a public park with innovative landscaping, smart irrigation, and interactive art installations, enhancing visitor experience and sustainability.

Singapore using adaptive reuse to rejuvenate urban and industrial spaces sustainably. The Jurong Town Corporation is repurposing a terrace factory for sustainable redevelopment and preserving industrial heritage. In Queenstown, historical buildings in Tanglin Halt are being reused to maintain historical significance and add senior-friendly amenities.

Establish Circular Economy

As cities worldwide start exploring ways to go circular, some are already looking into different ways to leverage innovative practices to implement circular initiatives.

Toronto is embedding circular criteria into procurement by requiring circular economy profiles, vendor action plans, and encouraging circular design for parklets. The city also recommends actions for transitioning to a circular economy and is developing e-learning on circular procurement for staff.

Japan uses Building Information Modeling to optimise resource consumption and reduce waste during construction, with a focus on using recycled materials to promote sustainability in building projects.

Adopt Electric Vehicles

The share of EVs increased from 4% in 2020 to 18% in 2023 and is expected to grow in 2024. This trend reflects a global shift toward cleaner transportation, driven by technological advancements and rising environmental awareness.

The Delhi EV Policy aims to expand charging infrastructure and incentives, targeting 18,000 charging points by 2024, with 25% EV registrations and one charging outlet per 15 EVs citywide.

Singapore is adopting EVs to reduce land transport emissions as part of its net-zero goal, aiming to cut emissions by 1.5 to 2 million tonnes. The EV Roadmap targets cost parity with internal combustion engine (ICE) vehicles and 60,000 charging points by 2030.

Australia has set new rules to limit vehicle pollution, encouraging car makers to sell more electric vehicles and reduce transportation pollution.

Promote Circular Economy Marketplaces

Circular marketplaces play an important role in the new economy, changing the way we use, manufacture, and purpose materials and products.

The UK’s Material Reuse Portal aggregates surplus construction materials post-deconstruction, offering guidance and connections to service providers. It integrates with various data sources, can be customised for different locations, and provides free access to sustainable materials. Future plans include expanding marketplace partnerships to enhance material reuse.

Build Reuse is a US-based online marketplace specialising in salvaged and surplus building materials. It connects buyers and sellers for reclaimed items like wood, bricks, fixtures, and architectural elements, promoting resource efficiency and reducing construction waste.

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Harnessing Quantum Potential: Government and Technology Investments for Tomorrow

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Quantum computing is emerging as a groundbreaking force with the potential to reshape industries and enhance national security with unparalleled speed and precision. Governments and technology providers worldwide are heavily investing in this transformative technology, which promises significant advancements in areas such as cryptography, drug development, AI, and finance. Countries like Australia, Singapore, Taiwan, Qatar, and the UK are investing heavily in quantum research, backed by tech giants like Nvidia, IBM, and Google.

Ecosystm research finds that nearly 30% of enterprises are expecting to use quantum computing in the next 5 years.

Beyond Bits: Exploring the Potential of Quantum Computers

We need quantum computers because they have the potential to solve certain problems that are impossible (or impractical) for classical computers. Last year, Google led a study revealing that its quantum processor can complete a task in 6.18 seconds that would take a traditional supercomputer 47 years.

Here are a few reasons why quantum computing is exciting:

Unleashing the power of qubits. While classical computers use bits that can be either 0 or 1, quantum computers use qubits, which can exist in both states simultaneously (a state called superposition). This allows them to explore multiple possibilities simultaneously, making them significantly faster for specific tasks.

Tackling complex problems. Problems like simulating molecules or breaking complex encryption codes involve massive calculations. Quantum computers, with their unique properties, can manage these complexities more efficiently.

Revolutionising specific fields. Quantum computing has the potential to transform areas such as materials science, drug discovery, AI, and financial modelling. By simulating complex systems and processes, they could lead to breakthroughs in various sectors.

Quantum computers will not replace traditional computers entirely, but rather function as powerful tools for specific tasks beyond the reach of classical machines. Let’s look at cybersecurity as an example.

Twenty years ago, hacking was a basic task. Imagine a time before social media, when a simple computer and basic technical know-how were enough to breach a network. The stakes were low, the landscape uncomplicated. But technology, like threats, has evolved. Today’s hackers use sophisticated techniques, employing strategies like “harvest now, decrypt later” – stealing data today to decrypt later using more powerful machines. This is where quantum computing enters the scene, posing a significant threat to current encryption methods. In response, tech giants like Google, Apple, and Zoom are implementing quantum-resistant encryption into their software, safeguarding user data from potential future decryption attempts. Governments and telecommunication providers worldwide are boosting quantum encryption to tackle the potential security crisis.

The thrill of quantum computing lies in its infancy. Unforeseen applications, beyond our current imagination, could be unlocked as the technology matures.

Current Quantum Projects Focused on Security

First Scalable Network Secures Maritime Trade. The Netherlands is improving the resiliency of transport infrastructure in their own major international maritime hub, using quantum. The Port of Rotterdam Authority joined a collection of quantum technology firms to create a comprehensive cybersecurity ecosystem – the first of its kind globally. The port uses quantum technology to safeguard sensitive information, improving safety for the seagoing vessels carrying 470 million tonnes of cargo annually.

UK Integrates Quantum Navigation for Secure Air Travel. The UK is improving its digital transport infrastructure by integrating the first ever un-jammable aviation navigation system, powered by quantum software. This initiative was prompted by an incident where a government plane carrying the UK defence secretary had its GPS signal jammed close to Russian territory. This technology ensures safe and reliable navigation for aircraft, particularly in hostile environments. The UK government is investing USD 56 million into their quantum sector, aiming to become a quantum-enabled economy by 2033.

Governments Putting Faith in Quantum

Taiwan’s First Domestic 5-Qubit Computer. Taiwan is aiming to be a leader in quantum computing by building its first domestic machine by 2027. This initiative is part of a larger USD 259 million, five-year plan for quantum technology, and has a multi-pronged approach including building the actual quantum computer hardware; developing solutions to secure data in a world with quantum computers (quantum cryptography); creating a strong supply chain for quantum computing components within Taiwan; and collaborating with international partners to develop testing platforms and expertise.

Singapore Explores Real-World Applications. The Singaporean government has pledged USD 518 million to their National Quantum Strategy (NQS). This investment will provide the necessary resources to explore real-time applications of quantum technology in healthcare and technology. Simultaneously, they launched the National Quantum Processor Initiative (NQPI) to develop quantum sensors that will aid in research. Singapore aims to lead the world in quantum tech for investment portfolios, cryptography, and drug discovery.

Australia Aiming for World’s First Utility-Scale Machine. Backed by a USD 620 million investment from the Australian and Queensland governments, PsiQuantum aims to build a fault-tolerant computer that can solve previously challenging problems in fields like renewable energy, healthcare, and transportation. PsiQuantum’s innovative “fusion-based architecture” tackles scaling challenges by using millions of light-based qubits, paving the way for a new era of computational power and potentially sparking the next industrial revolution. This project positions Australia as a global leader in harnessing the immense potential of quantum computing.

Tech Companies Making the Quantum Leap

IBM Enhances Quantum Performance. IBM’s latest quantum computing platform, Qiskit 1.0, has worked on features that enhance performance, stability, and reliability. The updated open-source SDK aims to facilitate accessible quantum programming and accelerate processing times. Qiskit 1.0 uses optimised circuits to create and manage the interplay between classical and quantum computing. IBM is even collaborating with Japan’s AIST to develop a 10,000-qubit quantum computer by 2029, which is 75 times more powerful than current systems.

Microsoft and Quantinuum Achieve Reliable Logical Qubits. This significant milestone is said to mark a new era of dependable quantum technology, dramatically reducing errors and enhancing the precision of quantum computations. They have demonstrated an 800x improvement in error rates, paving the way for hybrid supercomputing systems that combine AI, high-performance computing (HPCs), and quantum capabilities to tackle scientific problems, with new capabilities becoming available to Azure Quantum Elements customers in the coming months.

Quantum Cloud Services for Enterprise. Major tech players QMware, Nvidia, and Oracle are teaming up to create hybrid quantum computing service for businesses. Combining classical and quantum computing, the project aims to crunch complex problems in AI, machine learning, and optimisation – all in the cloud.

Building Towards a Quantum Future

In the short term, using HPCs with quantum algorithms can already provide noticeable speed improvements over traditional methods. Hybrid approaches, where HPCs and quantum computers work together, could lead to significant gains in speed and efficiency, potentially ranging from 10x to 100x improvement.

Three strategies: quantum-inspired, hybrid, and full-scale quantum computing each offer distinct advantages.

While quantum-inspired computing leverages quantum algorithms to run on classical systems, hybrid computing combines classical and quantum processors, optimising the strengths of both to take complex problems more efficiently. Intuitively, full-scale quantum computing represents the ultimate goal, where large, fault-tolerant quantum computers solve problems beyond the reach of current classical systems.

Looking further ahead, the development of large-scale quantum computers could revolutionise industries by solving problems far beyond the reach of classical computers, with potential speedups of 500x to 1000x.

As quantum technology progresses, different industries and applications will benefit from tailored approaches that best suit their unique needs.

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Innovation in Government: Social, Economic, and Environmental Wins

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Governments worldwide struggle with intricate social, economic, and environmental challenges. Tight budgets often leave them with limited resources to address these issues head-on. However, innovation offers a powerful path forward.

By embracing new technologies, adapting to cultural shifts, and fostering new skills, structures, and communication methods, governments can find solutions within existing constraints.

Find out how public sector innovation is optimising internal operations, improving service accessibility, bridging the financial gap, transforming healthcare, and building a sustainable future.

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Click here to download ‘Innovation in Government: Social, Economic, and Environmental Wins’ as a PDF

Optimising Operations: Tech-Driven Efficiency

Technology is transforming how governments operate, boosting efficiency and allowing employees to focus on core functions.

Here are some real-world examples.

Singapore Streamlines Public Buses. A cloud-based fleet management system by the Land Transport Authority (LTA) improves efficiency, real-time tracking, data analysis, and the transition to electric buses.

Dubai Optimises Utilities Through AI. The Dubai Electricity and Water Authority (DEWA) leverages AI for predictive maintenance, demand forecasting, and grid management. This enhances service reliability, operational efficiency, and resource allocation for power and water utilities.

Automation Boosts Hospital Efficiency. Singapore hospitals are using automation to save man-hours and boost efficiency. Tan Tock Seng Hospital automates bacteria sample processing, increasing productivity without extra staff, while Singapore General Hospital tracks surgical instruments digitally, saving thousands of man-hours.

Tech for Citizens

Digital tools and emerging technologies hold immense potential to improve service accessibility and delivery for citizens. Here’s how governments are leveraging tech to benefit their communities.

Faster Cross-Border Travel. Malaysia’s pilot QR code clearance system expedites travel for factory workers commuting to Singapore, reducing congestion at checkpoints.

Metaverse City Planning. South Korea’s “Metaverse 120 Center” allows residents to interact with virtual officials and access services in a digital environment, fostering innovative urban planning and infrastructure management.

Streamlined Benefits. UK’s HM Revenue and Customs (HMRC) launched an online child benefit claim system that reduces processing time from weeks to days, showcasing the efficiency gains possible through digital government services.

Bridging the Financial Gap

Nearly 1.7 billion adults or one-third globally, remain unbanked.

However, innovative programs are bridging this gap and promoting financial inclusion.

Thailand’s Digital Wallet. Aimed at stimulating the economy and empowering underserved citizens, Thailand disburses USD 275 via digital wallets to 50 million low-income adults, fostering financial participation.

Ghana’s Digital Success Story. The first African nation to achieve 100% financial inclusion through modernised platforms like Ghana.gov and GhanaPay, which facilitate payments and fee collection through various digital channels.

Philippines Embraces QR Payments. The City of Alaminos leverages the Paleng-QR Ph Plus program to promote QR code-based payments, aligning with the central bank’s goal of onboarding 70% of Filipinos into the formal financial system by 2024.

Building a Sustainable Future

Governments around the world are increasingly turning to technology to address environmental challenges and preserve natural capital.

Here are some inspiring examples.

World’s Largest Carbon Capture Plant. Singapore and UCLA joined forces to build Equatic-1, a groundbreaking facility that removes CO2 from the ocean and creates carbon-negative hydrogen.

Tech-Enhanced Disaster Preparedness. The UK’s Lincolnshire County Council uses cutting-edge geospatial technology like drones and digital twins. This empowers the Lincolnshire Resilience Forum with real-time data and insights to effectively manage risks like floods and power outages across their vast region.

Smart Cities for Sustainability. Bologna, Italy leverages the digital twins of its city to optimise urban mobility and combat climate change. By analysing sensor data and incorporating social factors, the city is strategically developing infrastructure for cyclists and trams.

Tech for a Healthier Tomorrow

Technology is transforming healthcare delivery, promoting improved health and fitness monitoring.

Here’s a glimpse into how innovation is impacting patient care worldwide.

Robotic Companions for Seniors. South Korea tackles elder care challenges with robots. Companion robots and safety devices provide companionship and support for seniors living alone.

VR Therapy for Mental Wellness. The UAE’s Emirates Health Services Corporation implements a Virtual Reality Lab for Mental Health, that creates interactive therapy sessions for individuals with various psychological challenges. VR allows for personalised treatment plans based on data collected during sessions.

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